Finspire Finance's challenges
Before Doc2, Finspire Finance grappled with a cumbersome document management process that was both inefficient and prone to errors. Adjusting documents manually consumed valuable time and resources, detracting from their core business activities.
The need for frequent updates to templates from their principal firm added another layer of complexity. These required tedious manual incorporations into Word documents. This not only increased the workload but also heightened the risk of compliance issues.
Perhaps most critically, these challenges were hindering Finspire Finance’s ability to present itself as a credible and professional entity to new clients and partners.
Equally, sending documents out manually requiring wet signatures meant they would often be waiting weeks for documents to be returned. In a sector where trust and efficiency are paramount, this was an untenable situation that demanded an immediate solution.
How Doc2 solved these challenges
Finspire Finance’s principal firm, White Rose Finance, implemented a template library for their ARs to install their templates. Finspire Finance now has instant compliance updates and can confidently send professional documents to clients on the go.
“Clients can now sign and complete documents in seconds,” Curtis Bull noted, highlighting how this efficiency has been crucial in legitimising their operations to new clients.
The assurance that emails containing contracts reach clients’ primary inboxes without being flagged as spam further reinforced this legitimacy – an issue encountered with a previous eSign provider.
The ease with which updates from their principal firm are integrated into templates within seconds, means that Finspire Finance is compliant with every document they issue. This has not only streamlined their operations, but also provided peace of mind knowing that they are always meeting regulatory requirements.
95% of DOCUMENTS SIGNED IN 30 MINUTES - A drastic improvement from previous week-long waits.
Instant TEMPLATE UPDATES - Compliance updates are now integrated in seconds, ensuring consistent and compliant documents.
80% SUCCESS RATE WITH REMINDERS - Where documents are not signed, reminders encourage signing with a high success rate.
Full article: https://doc2.co/success-stories/finspire-finance-achieves-professional-credibility-with-doc2/
