NEXT and E-Signature Technology

From category Services
As the financial services industry continues to progress into the digital age, the stroke of a pen continues to become more outdated due to the use of digital signature solutions. What does this mean for advisors? A predicted future of simplicity, organization and growth.As the financial services industry continues to progress into the digital age, the stroke of a pen continues to become more outdated due to the use of digital signature solutions. What does this mean for advisors? A predicted future of simplicity, organization and growth.

With North America making up for the largest share of global e-Signature markets1, worldwide digital signature transactions are projected to account for 492 million of transactions by the end of this year and 754 million transactions by the end of 20172. Some believe that this growth is affected by the ease of e-commerce as well as popularity of smartphone usage which rounds in at about 68% of American adults3.

These statistics show that e-Signature has made its impact on markets, and it is here to stay for investment professionals to benefit from. While these advancements can serve as a more convenient method of working with the majority of their client base, advisors are also given the option of having a paperless office which provides for a more cost-effective and electronically efficient environment. These solutions not only cut back on endless expenses (not to mention time wasted) on printing and shipping, but they also allow for a streamlined workflow for signing, archiving and auditing documents rather than bottlenecking processes while trying to locate and reintroduce “that one sheet.”

Further, studies have shown that digital signature capabilities can help to spur growth for  business and result in an expedited ROI.  AIIM informational professionals, sited that the utilization of e-Signature’s payback period is consistently one of the shortest seen for an IT investment with 81% of existing digital signature users having seen a payback within one 12-month budget cycle—25% of which saw ROI in three months or less4.

At NEXT Financial Group, Inc. (NEXT), we are continually researching, enhancing and implementing innovative ideas to help increase productivity and enrich the overall technological experience.  Thus, we are thrilled to announce the arrival of our NEXT exclusive Electronic Signature Technology.

With the combination of technology tools such as Electronic Forms Library, better known as LaserApp, plus e-Signature capabilities, NEXT advisors can experience the benefits of these digital solutions at no additional cost. In coming months, we will continue to communicate on our upcoming technology projects while keeping 99% system up-time.  Your success means NEXT success, with that I will leave you with a quote from Henry Ford…

 “Coming together is a beginning; keeping together is progress, working together is success.”    

To learn more about the technology tools of NEXT Financial Group or other projects that we are currently working on, feel free to contact technologysupport@nextfinancial.com.

Sources:

1 http://www.marketsandmarkets.com/PressReleases/digital-signature.asp  

2 https://www.statista.com/statistics/618202/worldwide-esignature-transaction-annually/

3 http://www.pewinternet.org/three-technology-revolutions/

4 https://www.aiim.org/pdfdocuments/MIWP-DigitalSignatures-2013.pdf

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