Not-for-profit cost savings with eSignatures

Posted by Victoria Allen on 06-May-2019 08:30:11

In this blog, we discuss how eSignatures can help not-for-profit organisations. Because of their organisational structure, not-for-profit charities, community groups and social enterprises are usually highly collaborative with members, volunteers, group leaders, investors and trustees all having an influence on decision making.

Creating Savings for Not for Profit Organizations with e-Signatures

Unique challenges for not-for-profit organisations

As a result of their collaborative efforts, there is an abundance of paperwork. This paperwork is not just part of day-to-day operations, but also in securing grants or other funding, processing contracts and legal papers, buying or leasing property and completing aid authorisation documents.

The not-for-profit sector is also under pressure to be efficient whilst keeping costs to a minimum. They must ensure that whilst employed staff can be paid, the vast majority of the funds raised are steered directly through to members or for charitable purposes. 

How eSignatures help not-for-profit organisations

These challenges are precisely why eSignatures are beginning to make an impact on charities, not-for-profit organisations and NGOs. Esignatures enable these organisations to speed up the often laborious procedure of securing signatures on multiple documents by multiple people, and lower the costs associated with the process.

Another specific use-case to the sector is the way in which organisations can utilise eSeals to sign on behalf of their charity, as well as bulk signing to automate multiple donation forms and payments.

SigningHub can help

SigningHub has been designed to be sensitive to the requirements of regulated or bureaucratic organisations and those that need accurate records and audit trails.

Apart from ensuring that signatures are legally acceptable in different jurisdictions, another key benefit of SigningHub is that it offers secure long-term signatures. These protect both the signer and the organisation, for example if a signature is repudiated during legal proceedings.

SigningHub can be quickly deployed, allowing a not-for-profit organisation to quickly embed the solution within a workplace. It lets users review and securely sign pending documents and track document workflow remotely across a range of digital devices, all of which is vital for any organisation that relies on the help of disparate groups of people in different locations.

Contact us to discover the efficiency and cost savings of eSignatures.

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