According to recent AIIM research, in 56% of organizations, more than half of the printed documents are printed just to add a signature – creating paper bottlenecks that cause process delays and introduce higher overhead costs.
What exactly are these bottlenecks? The printing, signing, re-scanning of a document to approve is not a very elegant or cost effective part of a workflow. In fact, if your organization systemically does this for approvals, it is consuming 40–60% of the Processes life-cycle and its related expense.
What about Digital Signatures? Are they part of a secure and compliant electronic process that is legally defensible in audits, regulatory and governance practices?
Let me know what you think of the white paper and if you would like to chat about strategies to reduce costs and increase process efficiency.