Calculate How Much Time Your Business Can Save with Digital Signatures
Calculate How Much Time Your Business Can Save with Digital Signatures
How much time do you actually spend handling contracts? For most businesses, the answer is surprisingly high – and often hidden in daily routines that seem harmless. But time adds up, and inefficient contract management costs more than you think.
The Hidden Time Thief
Consider a typical contract process without digital signatures: You print the document, send it by post or scan it to an email, wait for the other party to find time to print, sign, and return it. Along the way, you follow up with emails and phone calls. Finally, the contract needs to be archived – physically or in a messy folder structure.
A single contract can easily take 5-7 working days from sending to final signature. With digital signatures, the same process can be completed in under 24 hours – often in just minutes.
Calculate Your Own Savings
Let's put numbers to it. If your business handles just 10 contracts per month, and each contract requires 30 minutes of administrative work (printing, scanning, follow-up, archiving), you're spending 5 hours monthly on pure administration.
With an e-signature solution, you can reduce that time to under 1 hour. That's 4 hours saved every month – or nearly an entire working week per year. For businesses with higher contract volumes, the savings are even more significant.
More Than Just Time
The time savings are concrete and measurable, but the benefits don't stop there. Faster signature processes also mean:
- Shorter waiting times to close deals
- Fewer lost contracts due to delays
- Less risk of errors and missing documents
- Better overview of the status of all ongoing agreements
When you sign online, you also eliminate expenses for printing, paper, envelopes, and postage. For many businesses, these costs add up to thousands annually.
How to Get Started
With ePact, you can send documents for digital signature in under one minute. Your recipients can sign using MitID, ensuring full legal validity and a secure digital signature. All documents are automatically stored with timestamps and a complete audit trail.
Imagine being able to follow along in real-time as each signer signs – exactly as PauseAble describes it: "ePact makes the process simple, transparent, and effortless." The time you save can be spent on what truly creates value for your business.
Start by mapping out how many contracts your business handles monthly. Then you can quickly calculate your potential savings – and discover how much a digital contract solution can actually mean for your bottom line.
