Leading Equipment Lessor Selects eOriginal for Digital Transaction Management
Electronic Signature and Electronic Asset Management Services Provided
eOriginal, Inc., a leader in digital transaction management services, is pleased to announce that a leading equipment leasing firm has selected eOriginal SmartSign® eSignature and eAsset™ Management Services to enhance its business processes, accelerate sales and improve the customer experience.
“eOriginal has long been a leader in bringing innovation to the equipment leasing industry,” said eOriginal President and CEO Stephen F. Bisbee. “We understand the competitive nature of the industry and the need to conduct business in a better and more efficient manner through the integration of technology.”
The equipment leasing and finance customer was in search of a quick-and-easy method for dealers to sign and complete equipment leasing agreements, which could then be seamlessly transferred to the company’s back-end systems. Now, just by eliminating errors and omissions, the eOriginal client will be able to achieve approximately 30 percent more efficient business processes by using SmartSign Web, while also allowing the company to more easily collateralize and securitize those assets post-closing through eAsset Management.
According to the Equipment Leasing and Finance Association (ELFA), U.S. businesses, nonprofits and government agencies invest over $1.28 trillion in capital goods and software. As $827 billion of that is financed through loans, leases and other financial arrangements, there are a corresponding number of highly valuable digital transactions being generated.
With this contract, the lessor joins more than 15 of its peers that have selected eOriginal to provide secure, legally compliant and enforceable management of their digital transactions.
About eOriginal, Inc.
Founded in 1996, eOriginal is the trusted expert in electronic transaction management solutions, specializing in the post-execution management of financial asset documentation. eOriginal SmartSign® and eAsset™ Management Services enable an end-to-end solution for fully electronic transactions that must be managed with the highest levels of security and compliance throughout their lifecycle. By treating every transaction as having assets that must be verifiably secure, legally compliant and enforceable, eOriginal provides its customers and partners with eCertainty™. For more information, please visit http://www.eoriginal.com. eOriginal®, eAsset™, eOriginal SmartSign® and eCertainty™ are trademarks of eOriginal, Inc. and are registered or pending registration in the United States or in other jurisdictions.