When exploring solutions that empower your financial institution’s digital transformation, it is essential to research if the technology will easily integrate with your current systems. After all, the goal of adopting eSignatures is to make your life easier, not harder.  

eSignature transactions should operate seamlessly and error-free within your business environment with the proper integrations. Take a look at the top five reasons why integrated eSignatures are essential to consider before partnering with a provider:   

1. A seamless transaction experience  

With integrated eSignatures, employees can quickly and seamlessly initiate the eSignature transaction directly from the business system, such as the core or host system, the loan origination system, or the account opening system. This streamlined operation reduces the manual effort required to upload documents for eSignature processing and frees up the employee to focus their time and attention on the consumer and the details of the business transaction itself.  

2. Eliminate “tagging” or drag and drop of signature fields  

A common element of many eSignature solutions is the manual tagging function. Employees must manually drag and drop signature fields and/or initial fields onto the documents in each required area where a signature or initial is required. This process is cumbersome, time-consuming, and creates the opportunity for human error while attempting to place the correct signature fields in the right places on each unique document.  

Integrated eSignatures eliminate this need entirely, allowing the technology to automatically place the required signatures fields in all applicable areas without employee interaction.   

3. No signing party associations 

In addition to manually placing signature fields onto documents, most eSignature systems create additional labor by requiring the employee to assign each signature or initial field to one of the signing parties associated with the transaction.   

With integrated eSignatures, the technology is designed to understand who is signing and automatically assigns the correct individual to each required signature field. This process streamlines the eSignature transaction setup itself and again eliminates another potential point of human error.  

4. Avoid embarrassing and costly errors 

With the automated setup of the signing transaction in an integrated eSignature environment, you avoid any mix-ups. This streamlined process enables financial institution employees to avoid unprofessional errors and prevent having to call a customer back because they signed in the incorrect place or missed a signature field.  

Along with eliminating the possibility of these common missteps, integrated eSignatures also bypass the risk of having critical business documents and lending collateral legally compromised by errors or omissions, ensuring your institution’s compliance and the validity of signed documents.  

5. Comprehensive Imaging/ECM Archival  

With a fully end-to-end integrated eSignature platform, completed and eSigned documents along with their relevant audit files are fully indexed, categorized, and stored within ECM/Imaging systems for permanent record keeping and future research or retrieval requirements. No more manual scanning, indexing, or human intervention is required to store and protect your critical business records.   

Here at IMM, we offer unique integrations to many financial system applications that are simply not available with alternative eSignature vendors.