Galaxy Consulting
  • Home
  • About Us
    • Our Process
    • Meet Us at Industry Events
  • Services
    • Business Analysis and Usability
    • Content and Knowledge Management
    • Records Management
    • Information Architecture
    • Enterprise Search
    • Taxonomy and Metadata Development and Management
    • Document Control
    • Information Governance
  • Solutions
    • Information Overload
    • Compliance
    • E-Discovery
    • Internal and External Websites
    • Enterprise Search
    • Collaboration and New Employees’ Onboarding
    • Customer Service
    • Manual Processes
    • Vulnerability of Sensitive Information
  • Portfolio
    • Our Brochure
    • Our Clients
    • Case Studies
    • Presentations
    • Press Releases >
      • Galaxy Consulting Receives 2016 Best of Redwood City Award
      • Galaxy Consulting Receives 2015 Best of Redwood City Award
    • Videos
  • Testimonials
  • Blog
  • Free Consultation
  • Contact Us
  • Terms of Use/Privacy Policy

Electronic Signature and Content Management

12/28/2020

0 Comments

 
Picture
At this time of digital transformation, it is difficult to talk about managing content management without talking about using electronic signatures. E-signatures make it possible to create digital workflows, help to maximize ROI from content management, and enhance productivity, compliance, security, and analytics.

Quite a few content management tools include e-signature implementation such as SharePoint, Box, and other content management systems (CMS).

Electronic signatures, digital business, and content management are interdependent. Without e-signature capability, documents continue to be printed for signing, then photocopied, shipped, corrected, imaged back into the system, archived, and shredded. 90% of the time and cost of labor dedicated to managing paper can be saved by using e-signatures. There are also other benefits of using e-signatures such as faster decision making, shorter sales cycles, and improved customer experience.

In the last few years, financial services, insurance, healthcare, and government have embraced digital transformation. A major driver is compliance and risk. Many organizations are concerned about legal risk or they struggle with the constantly changing regulatory landscape in their industries, in part because manual processing is very prone to errors.

Rather than react to regulatory pressure with additional people, manual controls, and process complexity, organizations that adopt e-signatures have these benefits:
  • Leverage workflow rules to execute transactions correctly and consistently.
  • Capture a full audit trail and electronic evidence.
  • Minimize exposure to risk due to misplaced or lost documents.
  • Make the process of e-discovery easier, more reliable, and less expensive.
  • Demonstrate compliance and reduce legal risk through the ability to playback the exact process that was used to capture signatures.
Let's look at this example: the VP of compliance is asking for transaction records from 5 years ago. How helpful would it be to quickly produce all signed records, in good order and replay the entire web-based signing process for context.

According to Forrester Research, organizations and customers now recognize that e-signature is an important enabler of digital business.

Today, the business is digital and e-signature is a foundational technology enabling end-to-end digitization. Let's look at this example: a customer filled out an insurance application. When the package is ready to be signed by the customer, traditionally it would revert to paper. Instead, documents are handed off to the electronic signature solution. This solution would manage every aspect of the e-sign process, including notifying and authenticating signers, presenting documents for review, capturing intent, securing documents, collecting evidence, etc.

Once e-signed, the documents can be downloaded in PDF format and stored in any archiving system. The e-signature audit trail and the security travels seamlessly with the document, ensuring the record can be verified independently or the e-signature service.

A document centric approach to embedding e-signatures within signed records allows for greater portability and easier long term storage in an CMS solution. Additional metadata related to the e-sign transaction can be handed off to the CMS as well for analytics purpose.

Adopting electronic signatures is quick and easy and does require IT or programming resources. Companies who are looking for a more integrated automated workflow, e-signature plugins for SharePoint, Salesforce, Box are available.

Organizations can quickly and easily enhance approval workflows with a more robust e-signature solution than a checkbox on an approval routing sheet, while also automating archival.

0 Comments

    Archives

    April 2022
    March 2022
    January 2022
    July 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    July 2020
    April 2020
    March 2020
    December 2019
    November 2019
    September 2019
    August 2019
    July 2019
    May 2019
    March 2019
    February 2019
    January 2019
    December 2018
    October 2018
    July 2018
    June 2018
    May 2018
    March 2018
    February 2018
    January 2018
    December 2017
    September 2017
    July 2017
    June 2017
    May 2017
    April 2017
    January 2017
    December 2016
    November 2016
    September 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011

    Categories

    All
    Alfresco
    Arena
    Automatic Classification
    Autonomy
    Big Data
    Business Analysis
    Case Studies
    Change Control
    Change Management
    Cloud Content Management
    Cloud Ecm
    Cloud Enterprise Content Management
    Cms
    Collaboration
    Compliance
    Concept Searching
    Confluence
    Content Analysis
    Content Localization
    Content Management
    Content Management Systems
    Content Strategy
    Controlled Vocabulary
    Coveo
    Crisis Management
    Dams
    Data Integrity
    Data Security
    Digital Asset Management
    Digital Asset Management System
    Digital Transformation
    Dita
    Document Control
    Document Control Systems
    Documents Management
    Documentum
    Drupal
    Dublin Core Metadata
    Ecm
    E Discovery
    Engineering Change Process
    Enterprise Content Management
    Enterprise Search
    ERoom
    E-Signature
    Exalead
    Fatwire
    Gamification
    Gmp
    Gxp
    Hadoop
    Information Architecture
    Information Governance
    Information Overload
    Information Technology
    Iso 9001
    IT Systems Validation
    Joomla
    Knowledge Management
    Knowledge Management Applications
    Metadata
    Mobile Devices
    Naming Conventions
    Ontology
    Open Source Cms
    Open Text
    Oracle
    OWL
    Personalization
    RDF
    Records Management
    Risk
    Search Applications
    Self Service
    SEO
    Sharepoint
    Social Media
    Structured Content
    Taxonomy
    Teamsite
    Thesaurus
    Tridion
    Twiki
    Unified Data
    Usability
    User Adoption
    User Centered Design
    Vasont
    Vivisimo
    Web Site Content
    Web Site Design
    Wiki

    RSS Feed

Powered by Create your own unique website with customizable templates.