Not eSigning? These 7 ROI Opportunities are Passing You By

Have you been wondering what a full and fervent embrace of digital documents and eSigning might mean for your business? eSigning with Nitro Sign™ is just one part of the Nitro Productivity Suite™, an integrated solution that offers PDF tools and eSigning, all in one place. The list of eSign benefits are vast. Don’t let the ROI opportunities pass you by.

eSigning & digital signature ROI: Questions & opportunities

Consider these seven important questions when weighing your options to eSign, or not eSign:

1. How much time do your teams spend chasing down signatures and locating misplaced documents?

Time is money. With eSignatures, skilled sales and customer service professionals can up their output by reducing administrative work and increasing time spent on revenue-driving activities, such as relationship-building and lead discovery.

2. How could you expand your sales online or simplify your current processes?

Take your business further. The ability to complete a 100% digital transaction can increase your reach into new markets. Giving customers the option to buy instantly via web and mobile channels also creates a more compelling experience.

3. Would a more streamlined process improve your current conversion rate?

Convert customers faster, and earlier. Relying on paper to collect signatures is time consuming for you and your customer. Streamlining with an electronic signature solution could have an enormous impact on your conversation rate, and even spur early adoption of your service or product.

4. If you could eliminate paperwork errors, how much of a savings would that represent in regards to wages and opportunity cost?

See the error of your ways. By default, manually processing paperwork leads to errors that create inefficiencies and add costs. Incomplete or incorrect documents need to be re-mailed, re-faxed or couriered back to the customers for updating. The workflow rules and automated processes built into digital documents and eSignatures significantly reduce document errors – and make it quick and easy to correct them.

5. What exposure does your business have to compliance regulators, and what kind of financial risk comes with a negative audit outcome?

No more risky business. Electronic signing allows tighter workflow rules that ensure proper processes are followed for information completion and approval gathering. They also provide detailed audit trails with timestamps that can be extremely helpful in satisfying inquiring regulators.

6. How much space do you need to archive your documents, and how much time is spent organizing them?

Manage your history. Archiving paper documents takes a lot of space, and some industries require organizations to retain them for long periods of time – over 50 years in some cases! And with large volumes of paper, manual archiving can quickly become disorganized. Digital documents offer a variety of easy archive options for both long and short-term use cases.

7. How can you reduce your paper and electricity consumption by eliminating photocopying and printing?

Less waste, more space. Eliminating paper from signing workflows can make a significant impact on an organization’s environmental and conservation efforts. Most companies have formal sustainability initiatives, and cutting out printing and physical filing can be a big win for the cause.

eSign documents online with Nitro Sign

Want to learn more about electronic signatures and the potential ROI they provide? Prepare for the future of work and learn more about Nitro Sign for a comprehensive look at the smarter, faster and more secure way to get documents signed.