Federal and state laws permit companies to complete a full range of internal and customer-facing business processes using electronic signatures and electronic delivery methods for e-contracting. More and more, companies are seeking to supplement their traditional channels with e-processes to reduce costs, increase efficiencies and improve customer satisfaction. Key considerations include determining what e-processes would be beneficial for your business, which business processes or work flows could be logically converted to an e-process, and how you manage the risks associated with an e-process.
Some industry studies and anecdotal evidence identify compliance and legal requirements among the top reasons for not adopting an e-sign process. This workshop will provide attendees with tools helpful in understanding and dealing with the compliance and legal risks with an e-sign process. We will explain a 6-point framework that leads many of our clients to conclude, as we have regularly, that an effective e-sign process can be no more risky, and in some areas, less risky, than using the traditional process of paper and wet ink.
6-Point E-Process Framework
Clients want to know the risks associated with implementing an electronic signature and electronic delivery process, as well as ways to mitigate such risks. We have compiled a 6-point framework for evaluating those risks and focusing attention on mitigating those risks.
Why Locke Lord Bissell & Liddell LLP?
We have helped a number of clients successfully design and implement effective electronic signature processes. We also work with electronic signature vendors to better understand the role technology plays in an effective e-process. This experience allows us to guide clients’ multi-disciplinary teams (IT, Compliance, Legal, Operations, HR, Risk Management, Marketing and New Business) in designing effective e-processes where the risks are at or below the levels of risks using traditional methods in a customer-friendly way.
The workshop will help attendees better understand the tactics and strategies to navigate the rapidly changing e-Business landscape, including marketing, soliciting and completing business over the internet and via other electronic means.
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