With Adobe Sign, signing electronic documents is fast, easy, and most importantly, highly secure. Audit trails provide a clear record of who receives a document, when it’s opened, and when it’s signed. Additional data such as IP addresses provides more information to demonstrate the authenticity and integrity of electronic signatures. Since documents are sent directly to a signer’s email address, electronic documents are also much more confidential compared to papers that can get easily misplaced or misdirected.
During a pilot, Compensar focused on two other potential benefits of Adobe Sign: speed and savings. Rather than starting with high-volume, public-facing customer documents, the pilot focused on supplier contracts. These contracts could get lengthy and complicated, up to 200 pages long with more than a dozen signers. As a result, it could take two months before the contract found its way back into the hands of the legal team.
With Adobe Sign, contracts are automatically routed to signers, leading to contracts returned in as little as 28 minutes. Even the most complex contracts with 17 signers were returned in just two weeks.
The pilot not only improved turnaround times, but it also demonstrated significant resource savings for Compensar. The legal team didn’t need to spend time printing, managing, or storing documents, saving 270,000 sheets of paper and hours of time for the legal team.
“The pilot showed that Adobe Sign met all of our needs for fast, efficient, and highly secure electronic signatures,” says Fajardo Moreno. “By starting with a legal contract, we demonstrated that Adobe Sign not only holds up to the most complex and demanding use cases, but that it also has the confidence of our legal team.”