Saving time, automating processes, and shortening sales cycles have always been a key component of competitive business. Everyone is always looking for another way streamline the lead to win process, and technology has and will always be instrumental to the process. eOriginal SmartSign Web® is designed to fill the gap allowing businesses to complete straight-through single session processing that allows you to close more deals faster by shortening the time and limiting the resources it takes to get your contracts signed.

Here are 5 benefits created by eOriginal’s SmartSign Web integration and workflow improvement capabilities.

• Multiple Integration Options – SmartSign Web is designed to be flexible and integrate with your current systems. Multiple integration capabilities from a zero integration out-of-the-box solution to a fully embedded option with automated workflows allow SmartSign Web® to conform to your business needs and processes, not the other way around.
• Data Gather and Data Merge – information (address, birth date, customer ID, etc.) can be collected at the beginning of a signing session and mapped throughout multiple forms, saving you and your customers’ valuable time when executing contacts.
• Document Template Library – commonly used documents are set up once with signature block and data fields mapped and saved within our system. No longer will your sales reps need to re-create the same transaction over and over. Just pull up your transaction type in the template library to send and get eSigned.
• Fast Delivery – all that needs to be sent is a quick email providing a link to access the documents and log-in information inviting your customers to digitally sign your contracts.
• Extensive Suite Of APIs – eOriginal offers the most complete package of web service calls to help streamline everything from document set-up and upload to email notifications. Our previously mentioned integration options and APIs can complement your current systems (LOS, CRM, CMS, etc) to streamline your operations, saving time and generating more revenue with fewer resources.

Additional information can be found on eOriginal’s website. For more information about how SmartSign Web® can help your business, contact us or call 410-625-7699.

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Electronic Signatures Reduce Closing Delays and Enable Straight-Through Processing for Loan Officers

Mission Hills Mortgage Bankers, a California-based mortgage bank, made a proactive initiative to avoid a three day wait for the delivery of disclosure documents that would have been imposed by last year’s Truth in Lending Act (TILA) amendment known as the 3/7/3 Rule. To prevent this ruling from delaying the loan origination cycle, increasing costs and potential closing delays, Mission Hills Mortgage Bankers’ IT staff began a competitive evaluation of web-based electronic signature solutions that would enable loan officers to use straight-through processing. Mission Hills Mortgage Bankers selected eOriginal SmartSign® on the basis of compliance, ease of integration and total cost of ownership.

“The implementation went in without a hitch”, notes Collin Cobb, Mission Hills Mortgage Bankers’ Marketing Manager, who oversaw the training of loan officers. “Mission Hills Mortgage Bankers makes a big effort to set itself apart from its competition by combining our proven business practices with new innovations.”

“Mission Hills Mortgage Bankers joins an impressive group of financial services firms that went through a rigorous selection process before selecting eOriginal because of our compliant e-signing tools and vaulted repository services to better manage the lifecycle of the electronic transactions,” notes Steve Bisbee, eOriginal’s President and CEO.  Increasing regulatory, security and audit compliance initiatives, and the desire to protect the asset value of transactions that might enter the secondary market, make eOriginal a strong player in risk management.

About Mission Hills Mortgage Bankers
A direct lender originating loans throughout the nation, Mission Hill Mortgage Bankers is a division of Gateway Business Bank.  Founded in 1969, Mission Hills Mortgage Bankers is one of the top privately owned mortgage banking firms in the country. For additional information about Mission Hills Mortgage Bankers, go to http://www.missionhillsmortgage.com/, or email inquiry@mhmb.com or call 800-229-3832.

About eOriginal

eOriginal, Inc. provides advanced electronic signature, vaulting and electronic transaction solutions which are tamper-sealed, auditable and legally enforceable. eOriginal SmartSign® enables compliance with the eSignature requirements of the ESIGN Act, UETA and the UCC. eOriginal has provided secure and verifiable execution, delivery and management of commercial loans, leases and other financial industry documentation for over a decade. eOriginal customers, including top-tier financial institutions, have processed millions of electronic signatures on millions of documents without a single system error or legal challenge.

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So you think electronic signatures are not for your business? You may want to think again. As more business is being conducted online, electronic signatures have been become an increasingly important tool. However if much of your business is done face-to-face, electronic signatures are still the most efficient way to get contracts signed.

A great example one of my customers gave me was they sell small office equipment, like copiers and telephone systems that is all done face to face. Yet most times, there are still major delays in getting contracts signed. The sales person often has to leave the contract behind to get it signed by the proper people or draw up the agreement back at the office and then fax or even snail mail the contract back. It is not always done in a timely manner and sometimes the contracts can get lost on someone’s desk.

However if your business had adopted an electronic signature process it would look something more like this. The sales person meets with the customer, the customer orders the fancy new copier that does everything, and instead of having to mail, fax, or deliver the contract to the customer, the sales person just needs to send an email to the required signers where they can quickly log-in, sign and retrieve a copy of the agreement. By the end of the day, the contract is signed, and the deal is done. SmartSign even tracks those that need to sign agreement and lets you know when they have done so via a simple email.

If your company does anything that may require a signature, from NDAs to sales contracts, your documents can get delivered and signed in the same day and not hold up further interaction with your customers.

If you want to:

• Eliminate missing signatures, incomplete documents and lost contracts
• Improve work flow and process efficiencies
• Close more deals in less time

Then yes, eSignatures are for you!

Using eSignatures and eOriginal’s Smartsign solution, you are able quickly and easily accomplish these tasks.  Businesses are able to simplify, speed up and streamline their entire business process enabling straight-through processing that saves time and money. Electronically signing your documents is a simple, fast and EASY process for your customers.

Step 1:  You send (contracts, applications, agreements, internal forms, budget approvals)

Step 2:  Your Customers eSign

Step 3: The executed document is stored in eOriginal’s trusted eVault, where your company can manage the document throughout its entire lifecycle.

eOriginal Smartsign® Web simplifies electronic signatures, providing a fast and easy way to decrease closing time and increase revenue. Many businesses are already taking advantage of this unique, competitive advantage by completing processes in minutes that would normally take days or even weeks.  If that’s not convincing enough for you, by the time you have finished reading this article, eOriginal could have already assisted you in having dozens of documents delivered, and signed.  For more information please contact us.

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