Compliant Signature Workflows provinding fast and reliable answers about who signed what where when
Signature processing is closely linked to operational risks of a company – whether it’s a private company, a financial institution or a public authority.Every industry has its regulations and requirements for the provision of a trustworthy document workflow. As an example the financial industry has to follow the regulations of the Markets in Financial Instruments Directive (MiFID) and for Anti Money Laundering (AML).
SOFTPRO caters with its solutions to fulfill these requirements by enhancing the security of processes requiring handwritten signatures, whether on documents, transactions or other means.
Manual signature verification is tedious and error-prone. Where automatic signature verification is in place the detection of fraudulent items has been improved significantly. Losses from check fraud are prevented in a truly cost-effective manner. SOFTPRO has a proven track record with her systems for the validation of handwritten signatures and fraud prevention in payment processes.
Automatic signature verification is in production in many other industries too. It secures postal voting processes, disclosures and many other processes. It is embedded as a pre-requisite to trigger a transaction, formalizing a contract or allow a file for archiving.
Simplified auditing since signatures can be reviewed with a simple query in a database. Instant recovery of original documents (not just a scanned copy) thanks to automatic archiving in a centralized digital custody. Ex-ante compliance checks at the click of a button: Who (required number of signatures) signed transactions, contracts, agreements, etc what where (track of the signature location) and when (time stamp control).