research has found that good contract development and management can improve profitability by 9% or more.
While this is certainly an improvement on the older, manual methods, it still doesn’t consider the complete contracting process. “To fix the problem with electronic signatures, you need a solution that provides for the approvals and processes unique to your business. It needs to integrate seamlessly with your digital document and contract builder as well as your contract management system,” said Kotze.Kotze also noted that many businesses are using separate tools for contract creation, contract signatures, and contract management.