5 October, 2013
In late 2012, The Financial Review, Business Intelligence, and TenderLink conducted a joint Australasia procurement survey of 300 procurement professionals from a variety of industries. The results revealed different key issues that included
- discrepancy between best practices and management expectations,
- ineffective available tools and allocated time,
- procurement staff at varied locations,
- difficulty managing large contracts and availability of audit trail, and
- need for transparency and meeting compliance requirements.
Secured Signing, the user-based PKI digital signature SaaS technology, just released its new Smart-Tag for Procurement apparatus that meets all of the above needs, and provides a revolutionized procurement contract signing procedure.
Secured Signing’s designated Smart-Tag can now be integrated into the procurement document creation process of any procurement department, in any industry, and will function well within a CRM system, PDF, or MS Word document. It allows the secure and prompt circulation of any number of procurement documents that require approval by members who are positioned anywhere, at anytime, by any device.
Furthermore, the legally binding, innovative solution supplies a full record of information (signatory’s full name, e-mail address, signature type [initials or full], and sequential order of signers), creates automatic reports of document status and online signing progress, and delivers a complete and accurate audit trail.
Among the main recommendations for best practice by the Australasia procurement review were the use of correct tools, and investment in the best software solutions to provide the best procurement outcomes.
Well, there is no doubt Secured Signing’s procurement process does just that!
Till next time,
12 September, 2013
Presenting at 2013 RCSA International Conference in Queensland, Australia last month, provided an exciting opportunity to see how the widespread shift to cloud computing technology didn’t skip the recruitment and HR industry.
The vast interest and response to Secured Signing’s compliant and secure user-based PKI digital signature cloud platform highlighted the industry’s indicative need for an efficient and timely full electronic registration process. Case studies of leading employment agencies that have already adopted the Secured Signing’s eForm and eSignature innovative system showcased the powerful benefits to businesses that are looking for complete and accurate electronic information, reliable online signing, significant cost reductions, heightened productivity, and flawless streamlined processes.
RightScale’s 2013 State of the Cloud survey results reinforce the above phenomena:
“In our 2013 State of the Cloud survey, we were able to gather meaningful insights as to how anorganisation’s level of cloud maturity impacts both the benefits they are able to realise and the challenges they perceive,” said Michael Crandell, CEO of RightScale.
“The results reveal a clear cloud value imperative: more cloud adoption unlocks more cloud value...the data shows that investments in cloud adoption will continue to drive increased value for their businesses.”
Addressing Microsoft Research’s Faculty Summit on July 15th, Bill Gates Co-founder and chairman concluded it best: “I think it’s fair to say that we’re in a golden age of computer science.”
And no one wants to be left out.
Till next time,
22 August, 2013
Manpower Group, the multiple-branched global leader in the contingent and permanent recruitment force in Australia and New Zealand, chose the Secured Signing digital signature SaaS solution to implement an advanced paperless recruitment practice and save registration time.
“Candidate registration procedures are at the core of any successful recruitment process; so, it was important for us to supply our team and customers with the best tool to ensure the gathering of complete information in a short period of time,” said Michael Cuzic, Director and CFO at Manpower Group. “Secured Signing gives candidates the flexibility to complete the online registration pack and sign from anywhere, at any time; this in turn, provides our consultants with advanced accurate information that leaves more time for in-depth interviews and assessments, and for Manpower, creates a competitive advantage within the industry.”
To achieve the above, the Secured Signing team transformed Manpower’s paper-based registration documents into an online branded forms and signing process. The consultant sends an e-mail invitation with a link to the candidate along a set time for completion, and the service provides any required reminders. The consultant, meanwhile, is able to view, oversee, and manage the online signing progress reports in real time.
Simon Withers recently wrote in the Guardian about the meaningful role of cloud (SaaS) transformation, concluding precisely with a statement of its significance: “You don’t need to be a business or technology expert to see that cloud computing is having a profound effect on some of our working practices. It’s hard to overestimate the significance of this culture change: just as businesses needed to evolve by the introduction of the PC or the Internet, the cloud represents another decade-defining shift of evolution...businesses are no longer asking “why cloud?” but “how do I get there?”
“It’s a pivotal era for IT and one where the most creative and innovative organisations, rather than their conservative counterparts, are going to thrive and emerge from this period of austerity stronger than ever.”
Till next time,
19 July, 2013
Choosing new innovative technology that’s right for your budget can save you money and maximise value. Javelin Strategy and Research’s latest study (9 July, 2013) provided additional proof that this is true. Their findings, following an online survey of more than 18,000 consumers, showed an estimated $1.5 Billion US dollars a year can be saved by banks and the financial industry by using digital channels.
Rackspace, in partnership with the Manchester Business School and the Vanson Bourne Market Research Group, conducted a survey of 1,300 UK and US businesses that used cloud solutions during the period from December 2012 to January 2013. Their irrefutable conclusion showed 88% of respondents indicated a benefit of cost savings, with 56% saying the cloud helped them to boost profits.
Secured Signing’s personalized digital signature cloud solution fits perfectly with the above findings. Besides greater efficiency, productivity, and ease of online completion and signing of documents, users in small to large businesses are eliminating a significant amount of their variable, fixed, and directorial related costs. Whether it’s Jason Farrugia, Manager Strategic Procurement at Yarra Ranges Shire Council, Kevin Amedee, Director Entire Recruitment, or Kym Volp, Queensland State Manager, Evolve Scientific, (to name a few), there is nothing like Harold Geneen’s sentence to sum up the Secured Signing’s experience: “It is an immutable law in business that words are words, explanations are explanations, promises are promises, but only performance is reality.”
Till next time,
1 July, 2013
Our business world is comprised of Enterprise and Small to Medium Businesses (SMB’s) that are unable to avoid the technological changes that became common best practice. These changes include the adoption of digital signature SaaS (Cloud based) solutions. As a leading service provider for customised electronic fill-in and online signing of documents, we are often asked the about suitability and benefits to either of these type businesses:
For Enterprise – A recent publication by Ombud Open Research (27 June 2013) states that “Adoption of eSignature solutions has empowered visionary enterprises to lead their industries by streamlining entire business workflow into end-to-end digital processes. Companies who are interested in eSignature solutions to replace slow, complicated, manual processes are driving efficiency, reducing costs and improving the overall customer experience”.
According to their findings, enterprises that used the eSignature solution saw an 80% average reduction in turnaround time, $20 dollars average savings per document, and a fast rate of customers' acceptance in the first two weeks, 90% of US Bank customers adopted the use of eSignatures for account opening.
In Yarra Ranges Council (Secured Signing’s customer) Procurement Officer’s words: “Timeframes for signature of Evaluation Reports and Contracts have reduced from 1-2 weeks into a matter of an afternoon. Cost and time saving is literally immeasurable, and has paved the way for us to move wholly into a paperless office.”
For SMBs – Microsoft’s latest study (Barry Levine, 14 June 2013) regarding overall SMB's Cloud implementation and perception revealed that 70% had saved money and time, and in turn, allowed them to invest back in other business areas, with 94% of participants reporting they now have security benefits they didn't have before.
“Secured Signing enables us to finalise deals and to sign contracts with our worldwide customers within minutes. Our ability to efficiently close those deals results in a positive response from our clients and therefore increased sales.” John Kavanagh, Director, ASC Migration Pty Ltd.
Ian Grayson’s latest statement (25 June) in The Australian sums it up perfectly: “SaaS is rapidly becoming the new normal.”
Till next time,