Tech UPTechnologyThe future of business lies in digitization

The future of business lies in digitization

Global inflation and the implementation of remote work schemes are two of the great challenges facing the economic and business world today.

The confinement of recent years forced companies to work remotely and this showed that people could be productive from wherever they are, setting a precedent in the way work is done today. According to some of the data presented at the in Mexico, hybrid work improved the general well-being of employees by 84.4%. In addition, 64.3% of employers want this type of work, due to the benefits that it has reflected within the organizations.

To deal with adversity, he favored the development of hybrid work environments, characterized by remote and flexible collaboration, which today more than ever is a priority for employees. In addition, it provides companies with advantages over the competition thanks to the simplification and automation of processes.

As an example, the publication of “The challenges that companies will face in 2022”, ensures that the digital transformation accelerated during confinement and far from stopping, it will continue and will be vital for the development of companies.

Evolution of business processes

Facing a panorama of uncertainty, making use of technological innovation with the aim of achieving greater productivity and efficiency will be the key to the growth of companies. Decision makers are challenged to design a workflow that maintains all the benefits of traditional office life without sacrificing the employee-centric and productive aspects of remote.

It goes beyond using shared documents and video calls, there are activities that, although they are carried out from a computer, are not standardized, so they are prone to errors, are not optimal and are not always safe. In this sense, regardless of the type and size of the companies, digitization is essential to act strategically, increasing productivity, efficiency and safety. Leaders know that by focusing on these tactics, they can free up their greatest resource: their people.

The process for closing deals is often overlooked even though it affects every aspect of the business, including sales contracts, onboarding new employees, benefit adjustments, and more. Automating these activities frees up time to focus on developing people and activities that can grow the business.

Faced with such a scenario, contract lifecycle management platforms and electronic signatures are the best solutions to optimize work in organizations, regardless of their line of business or where they are, as they centralize the process of creating, reviewing, sending, signing , manage and store an agreement.

According to a report prepared by the International Data Corporation Mexico (IDC), 73% of Mexican companies currently use electronic signature technology, a figure that is on the rise thanks to the fact that it has legal and compliance requirements in more than 180 countries.

DocuSign, leader in the development of electronic signature technology, is a benchmark in these solutions, since its tools optimize the way work is carried out, while guaranteeing the security and privacy of the data so that the business of each of its clients develops properly. In addition to the collection of signatures, DocuSign allows the creation and storage of contracts, passing through the use of Artificial Intelligence (AI) to mitigate risks.

By replacing paper contracts that are often manual, time-consuming, expensive and error-prone with a platform that brings together all the steps of a contract from start to finish, companies can stay ahead in terms of digital innovation and competitiveness . This, thanks to the security they offer, without forgetting that it favors flexible working models, since anyone can sign the documents they want regardless of where they are in the world.

On the other hand, organizations such as , point out that there is an awareness of consumers to promote sustainability and as a chain reaction, multiple organizations are choosing to choose solutions or optimize their processes to align with this mentality. Thus, the implementation of electronic signature solutions such as Docusign’s help to reduce travel and also the use of paper. Together with its clients, the North American company has helped save more than 55 million sheets of paper, which is equivalent to more than 6 million trees.

Although companies embraced digitization to adapt to the situation of recent years, those that adopt best practices such as the use of technological tools in their operations will be able to ensure the continuity and competitiveness of their business.

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