E-Signature Solution Launched To Streamline Transactional Management Market

By Karla Paris

Acceptance of e-signatures is becoming more commonplace as a digital transaction management solution.

The use of electronic signatures (e-signatures) is becoming increasingly commonplace in commercial transactions as individuals and businesses look to capitalize on the administrative efficiency afforded by today’s digital world. Advanced technology has provided the ability to sign a document without lifting a pen, such as by entering a PIN or inserting a software-generated signature. These “e-signatures” provide flexibility and, more importantly, convenience and efficiency which could ultimately offer greater security.

Simplicity and intuitive design have become hallmarks of the mobile revolution we’re all a part of, and they are now table stakes for any electronic signature solution. Additionally, cloud services have become second nature in our ever-connected world, becoming the primary means by which most leading e-signature services are deployed, secured by multi-factor authentication, encrypted storage, and communication.

With the acceptance of e-signatures becoming more commonplace, Kofax wanted to ensure it was ready for the demand. Kofax Limited, a provider of software to simplify and transform customer engagement, announced the availability of the Kofax SignDoc family of e-signature solutions.

SignDoc includes scalable, enterprise-ready software with which businesses and government agencies large and small can implement e-signature capabilities into virtually any business process across its entire organization for internal or external use.

SignDoc Standard is a stand-alone solution providing versatile self service capabilities, so users can design, deploy, and manage custom e-signing workflows, as well as embed advanced e-signature capabilities within a host of enterprise applications. SignDoc Enterprise is integrated with Kofax TotalAgility, the company's flagship process automation platform, so organizations can add secure and authenticated e-signature functionality to end-to-end business processes powered by TotalAgility.

For enterprise users, capturing and processing e-signatures is part of a more comprehensive business process automation requirement. By adding e-signature functionality to TotalAgility, Kofax now offers a digital transaction management solution that addresses the following key needs:

• Secure, trustworthy e-signature software that meets international regulatory requirements.
• Workflow automation which enables e-signing to be fully integrated into existing enterprise systems and end-to-end, digital transaction management processes.
• Ability to persist signed documents in any ECM repository using industry standard interfaces.
• Process intelligence and visibility to ensure compliance, reduce risk, and enhance operational efficiency.
• Web data integration capabilities to speed and streamline digital transactions.
• Unprecedented flexibility for customer engagements via mobile devices.

SOURCE: BusinessWire