Monthly Archives: February 2012

Online Signatures are Revolutionizing the Medical Industry

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Using Electronic Signatures in the Medical Field

E-Signing

Technology in the past decade has improved by leaps and bounds, revolutionizing nearly every aspect of the medical industry. One such improvement is the increasing awareness of the benefits of online signatures, as well as the improved online signature tools offered by cutting edge companies. The benefits of implementing this kind of technology are substantial, and more medical facilities should consider those benefits.

About Online Signatures

Online, or electronic, signatures are as legally binding as traditional signatures. They consist of a typed name or mark that is unique to the individual signing the document. Records are also retained which show the origin of the signature and items related to it, so they can be used in the event of a conflict or dispute. A large number of companies are realizing the benefits of online signatures and integrating them into their business processes.

Uses

In a medical setting, online signatures can be used for a number of things. They’re beneficial for ordering supplies, keeping health records, creating prescriptions for medications, authorizing or confirming lab reports, creating doctor’s orders and more. They’re also helpful for remote employees who need to sign documents from time to time. The uses of online signatures for the medical industry are limitless.

Cost Effective

Online signatures are very cost effective and can reduce costs in a healthcare setting dramatically. Traditional signatures often require documents to be printed, mailed or faxed, filed, and stored. After this, there’s still the chance of those paper documents becoming lost. The cost of maintaining paper documents with signatures is estimated at about $6 a signature. At just 200 signatures a year, the cost is $1200 annually. Online signatures completely eliminate those costs.

Going Green

Another huge benefit of online signatures is that they’re more environmentally friendly. This is beneficial for healthcare facilities who want to embrace eco practices and for those seeking certification with certain environmental groups or efforts. Online signatures cut out a huge portion of paper waste within a healthcare facility, therefore helping to reduce the carbon footprint of the company and supporting eco-friendly initiatives.

Overall, online signatures are a huge benefit to the medical community in all aspects, from saving money to making routine practices easier to handle. The cost of implementing online signatures into business processes is relatively low, and it pays for itself over a period of time. Healthcare facilities who haven’t integrated online signatures into their processes should consider it as well as the associated benefits.

The Advantages of E Signatures for your business

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Esignature pen

Ever-increasing technological innovations have made business a whole lot more convenient. From online conference calls to online faxes, technology makes business easier, and it saves time and money. One of those technological innovations making a big splash is e-signatures. There are a lot of benefits to using e-signatures for business, and understanding those benefits can help you determine whether they’re right for you or not.

Saving Time

One of the biggest benefits to businesses who utilize e-signatures is time saved. Rather than having to print and mail forms to clients, businesses can have them “sign” it in just a few minutes. This allows the customer and the business to move on to more important things. Because of the time saved, e-signatures can also help increase productivity and in turn, profits. In some companies, this can even eliminate an entire day’s worth of work, allowing them to utilize workers’ talents elsewhere.

Saving Money

E-signatures save money for companies in a number of different ways. Companies can spend from thousands to tens of thousands of dollars each year on paper, printing, and mailing forms for customers to sign. With e-signatures, all of that money is saved, which means it can be put back into another aspect of the company or transferred over to profits. It could even eliminate the need for companies to use a third party to print, organize and mail forms that need to be signed.

Going Green

Companies who are becoming more aware of their responsibility to “green” practices will benefit from e-signatures. Billions of pounds of paper waste are generated each year by companies – both small and large. Not only do e-signatures reduce paper waste, but it allows those companies to advertise as a “green” business. This, in combination with other green practices can help earn the respect of customers and potentially gain new customers who are looking for companies with a green initiative.

Convenience

Offering the option of e-signatures allows companies to offer their customers something more: convenience. In a world where everything is becoming more convenient, customers have come to expect things to be extremely easy. From paying for gas at the gas pump to having groceries delivered straight to the house, convenience is without a doubt a market. Chances are, if they’re considering two companies, they’re going to go with the one that is more convenient. Offering e-signatures allows companies to provide that convenience and be a step ahead of the competition.

Overall, e-signatures are a wonderful and positive business change. It doesn’t take a lot of time or money to integrate e-signatures into a company’s every day processes, and the end result is a whole lot better than the traditional print, mail, and sign method. They provide companies with the opportunity to save money, lots of time, and to operate as a business that is environmentally-friendly. Customers appreciate the convenience of e-signatures and companies can truly benefit from them. It’s a win-win situation.