I have spent a considerable amount of time working with and speaking to Security Alarm companies, Industry Experts and Funders on the benefits, compliance and best practices of electronic signatures. For what is historically a paper-based industry when it comes to handling business processes, contracts, and internal documents, eOriginal has had the opportunity and pleasure to work with a few innovative Security Alarm Companies to help them to streamline their business processes using SmartSign, our electronic signature and life-cycle management solution.
Today, many other Security Alarm Companies have taken the initiative to begin looking into the benefits of electronic signatures. While more and more companies are looking into eSignatures, there seems to be a few common questions and concerns. While most perceived barriers can be easily overcome, security alarm companies and funders should take into consideration a few key points when evaluating and implementing electronic signatures such as:
- How to present FTC regulated Consumer Disclosures.
- Will your Funders (Banks) approve of the process?
- Will going electronic affect your RMR?
- Will other companies be able to purchase or acquire my contracts?
These are just a few areas of interest that need to be addressed. Now the benefits are apparent; other than saving time and money, your organization will have a few important advantages over your competition.
- Have contracts, lease agreements, installation forms, signed and processed in minutes
- Easily facilitate contract renewals, especially in states outlawing the evergreen clause
- Reduce labor and material costs associated with printing, faxing, scanning, shipping, and archiving
In just a few short days eOriginal, along with industry leaders, will be addressing the most common questions and concerns in a 60-minute educational webinar. What we hope to accomplish is to simply bring a better understanding to how electronic processes can replace aging paper-based systems. If you are interested, please don’t hesitate to register or contact us to learn more about the webinar or our experience with security alarm companies.