Why your business needs a digital transaction management solution!

Digital Transaction Management | Sign Documents Online

Over the past few years, digital transaction management solutions have become increasingly popular in the enterprise sector. Businesses adopt this technology for a range of reasons, not the least of which is the ability to eliminate many of the paper-based processes they used in the past. However, a robust digital transaction management solution does more than just enable your office to go paperless.

Let’s take a look at a few of the key reasons your company needs a digital transaction management solution, and how DocuFirst can make a difference for your brand.

The research is in

For many business decision-makers, it’s important to quantify things in terms of statistics. When it comes to digital transaction management, 2015 research from Forrester shows there is a real need for this specific solution in the enterprise industry.

“83 percent of decision-makers have recognized the need for digital transaction management software.”

A 400-participant survey of IT and line-of-business leaders in North America, Europe and the Asia-Pacific region showed that the vast majority of these stakeholders – 83 percent to be precise – have recognized the need for digital transaction management software. What’s more, Forrester also found that just over three-quarters of IT leaders and executives recognized that this technology is a critical part of positioning the business for success. This is particularly true when it comes to streamlining overall operational activities.

“DTM shows tangible customers benefits, but the primary value proposition is rooted in helping enterprises achieve operational excellence,” Forrester stated in a 2015 white paper. “Decision-makers are most interested in digitizing operational processes and post-sales transactions.”

A shift to digital: Customers embrace paperless

A need for this type of technology is also supported by the fact that consumers are increasingly embracing digital processes in nearly every part of their lives. For this reason, it’s even more critical that businesses align themselves and their client-facing activities with paperless capabilities.

Forrester has estimated that within the next year, 74 percent of American adults will own a smartphone, and just under half of this population will have tablets. Decision-makers are also taking note of this shift, as 76 percent of IT leaders and 93 percent of line-of-business executives acknowledged that providing a digital experience is important or very important for their business.

“Digital has transformed the ways in which customers discover, explore, buy and engage with products and services, allowing them to transcend traditional channel boundaries,” Forrester stated. “Digital disruptors challenge your business model as they engage your customers in new ways.”

web forms
Your customers are embracing the shift to digital – shouldn’t your business?

Your competition is putting DTM in place

Your potential and existing customers aren’t the only ones embracing a shift to digital – your competition is implementing DTM solutions as well.

Aragon Research predicted that by the end of this year, 70 percent of large enterprises will have a DTM platform in place. By 2020, this industry will reach a value of $30 billion, a considerable increase from 2014’s $500 to $700 million.

“The most innovative and progressive organizations have already implemented DTM and are now expanding use cases beyond their initial deployments,” Aragon Research pointed out.

In this way, it’s imperative for businesses to have a robust digital transaction management solution in place. Those that don’t have access to this technology not only risk falling behind their industry peers, but could potentially lose clients to their more forward-thinking competition.

DocuFirst: A leader in digital transaction management

When selecting a DTM solution, it’s critical to find a streamlined, unified system that provides all the tools your organization needs. E-signatures are only the tip of the iceberg here, as businesses also require the ability to create, fill out, save and access PDF forms and documents online, eliminating the need for paper.

Where this would require the use of two or three platforms in the past, enterprises can now leverage a single, industry-leading digital solution with DocuFirst. DocuFirst’s unique, Web-based digital transaction management software allows companies to store data, fill forms, manage important documents and support e-signatures.

To find out more, contact DocuFirst today.

Digital Transaction Management | Sign Documents Online

Over the past few years, digital transaction management solutions have become increasingly popular in the enterprise sector. Businesses adopt this technology for a range of reasons, not the least of which is the ability to eliminate many of the paper-based processes they used in the past. However, a robust digital transaction management solution does more than just enable your office to go paperless.

Let’s take a look at a few of the key reasons your company needs a digital transaction management solution, and how DocuFirst can make a difference for your brand.

The research is in

For many business decision-makers, it’s important to quantify things in terms of statistics. When it comes to digital transaction management, 2015 research from Forrester shows there is a real need for this specific solution in the enterprise industry.

“83 percent of decision-makers have recognized the need for digital transaction management software.”

A 400-participant survey of IT and line-of-business leaders in North America, Europe and the Asia-Pacific region showed that the vast majority of these stakeholders – 83 percent to be precise – have recognized the need for digital transaction management software. What’s more, Forrester also found that just over three-quarters of IT leaders and executives recognized that this technology is a critical part of positioning the business for success. This is particularly true when it comes to streamlining overall operational activities.

“DTM shows tangible customers benefits, but the primary value proposition is rooted in helping enterprises achieve operational excellence,” Forrester stated in a 2015 white paper. “Decision-makers are most interested in digitizing operational processes and post-sales transactions.”

A shift to digital: Customers embrace paperless

A need for this type of technology is also supported by the fact that consumers are increasingly embracing digital processes in nearly every part of their lives. For this reason, it’s even more critical that businesses align themselves and their client-facing activities with paperless capabilities.

Forrester has estimated that within the next year, 74 percent of American adults will own a smartphone, and just under half of this population will have tablets. Decision-makers are also taking note of this shift, as 76 percent of IT leaders and 93 percent of line-of-business executives acknowledged that providing a digital experience is important or very important for their business.

“Digital has transformed the ways in which customers discover, explore, buy and engage with products and services, allowing them to transcend traditional channel boundaries,” Forrester stated. “Digital disruptors challenge your business model as they engage your customers in new ways.”

web forms
Your customers are embracing the shift to digital – shouldn’t your business?

Your competition is putting DTM in place

Your potential and existing customers aren’t the only ones embracing a shift to digital – your competition is implementing DTM solutions as well.

Aragon Research predicted that by the end of this year, 70 percent of large enterprises will have a DTM platform in place. By 2020, this industry will reach a value of $30 billion, a considerable increase from 2014’s $500 to $700 million.

“The most innovative and progressive organizations have already implemented DTM and are now expanding use cases beyond their initial deployments,” Aragon Research pointed out.

In this way, it’s imperative for businesses to have a robust digital transaction management solution in place. Those that don’t have access to this technology not only risk falling behind their industry peers, but could potentially lose clients to their more forward-thinking competition.

DocuFirst: A leader in digital transaction management

When selecting a DTM solution, it’s critical to find a streamlined, unified system that provides all the tools your organization needs. E-signatures are only the tip of the iceberg here, as businesses also require the ability to create, fill out, save and access PDF forms and documents online, eliminating the need for paper.

Where this would require the use of two or three platforms in the past, enterprises can now leverage a single, industry-leading digital solution with DocuFirst. DocuFirst’s unique, Web-based digital transaction management software allows companies to store data, fill forms, manage important documents and support e-signatures.

To find out more, contact DocuFirst today.