70 New Banks Join IMM eSignature Family to Date in 2016
IMM, a leading provider of eSignature and eTransaction Management for the modern financial institution, announced today that 70 new bank clients have selected IMM’s eSignature technology so far this year.
“2016 has seen tremendous growth in bank customers, and I attribute that to the integral role eSignature technology plays in enhancing a bank’s day-to-day operations,” said John Levy, executive vice president of IMM. “By applying eSignature technology, banks can reduce the costs and time associated with paper documents, while also enhancing the customer experience, whether customers are electronically signing forms in a branch or from the comfort of their own homes.”
“The value of eSignature technology is immense, particularly in enhancing customer convenience and operational efficiency in a modern banking environment,” said Tim Vosberg, assistant vice president and manager of product/project management at Lake City Bank. “IMM’s eSign is reliable and secure, but more importantly, it gives our customers flexibility. Moving to an eSignature environment eases the burden placed on the customer and significantly reduces the number of document errors during the new account opening process.”
The growing adoption and continued industry interest in eSignatures was further demonstrated at the annual Electronic Records and Signature Association (ESRA) conference in Washington, DC this past November with record attendance from financial institutions. Margo Tank, partner at Buckley Sandler LLP shared that eSignatures are gaining accelerated acceptance universally, and every industry should be prepared to accept them moving forward.
IMM’s advanced eSignature platform, IMM eSign, provides banks with a paperless, electronic experience that reduces the cost of every business transaction and significantly enhances compliance and regulatory efforts. The company’s eSignature solution delivers a secure, end-to-end transaction environment that eliminates the tedious management associated with paper-based processes.
“Electronic signatures allow banks to give today’s tech savvy customers the convenient and familiar experience they expect, reducing the hassle of copious paper forms and even the need to complete an application at a bank’s branch,” Levy added. “Our eSignature solutions allow banks to increase convenience and access for consumers by giving them the option to sign documents remotely, while also providing a unique way to enhance in-person branch interactions.”
IMM provides complete eTransaction automation to more than 700 U.S. organizations. The company’s fully integrated eSignature, eWorkflow, eLoan and eTeller solutions make transacting easy and convenient for the consumer while creating a more efficient, cost effective and compliant business environment. Any organization needing to remove paper and create mobility within its contract or transaction management lifecycle can benefit from IMM’s services, including financial services, healthcare, insurance, real estate, life sciences, government, legal and education.