Cynthia Stoddard is a person.
One of the most important resources in business is time. Productivity is the invisible commodity that makes employees happy.
A tight labor market and high productivity are critical to helping organizations hire and retain top talent. Today's workforce is looking for purpose driven work to strengthen the balance and wellbeing of their organizations and themselves.
According to a recent Adobe survey, more than half of managers and employees think work is a good distraction from uncertainty. According to the survey, a more supportive work culture makes employees stay with their employers.
Productivity can be used for peace of mind.
The core of this meaningful work is productivity, the processes and technology that empower employees to contribute, strengthen teams, and boost collaboration at speed and at scale.
Uncertainty has benefits, and productivity shows it. Organizations see uncertainty as an opportunity to introduce processes and meet challenges with creativity and ingenuity. According to the survey, uncertainty drives collaboration and innovation.
The Digital Workplace Experience (DWx) group at Adobe is dedicated to orienting all of our tools to our employees so they can create and collaborate more effectively and equitably. Our on-site and virtual teams can enjoy a seamless work experience thanks to enhanced virtual whiteboarding and video conferencing setup.
Three organizations in financial services, health care, and the public sector show how they have responded to uncertainty and driven transformation using e-signature tools.
Financial transactions are done faster.
The most uncertain time in recent memory was in early 2020.
More than 75% of the bank's customers use digital self-service technology. The need for fast solutions was made worse by the Pandemic.
The proof-of-concept for a range of self-service forms was just completed by the bank. Faced with a surge in demand for its online services and rapid branch lock-ups, TSB had to quickly bring its point of sale to market. The e-signature strategy and technology were in place to make it happen.
The bank introduced 21 online self-service forms enabling e-signatures for functions in the months after lockdown began. In the first three months of the year, the bank replaced 15,000 branch visits with digital self-service. Digital productivity software was used by the company to make it easier for call center employees to handle complex queries.
There is red tape for pharma.
The healthcare sector has an urgent need for efficiency and productivity because lives are often at stake.
The company is researching and developing therapies and medicines for diseases.
It's mission-critical for Regeneron to deliver sustainable, reliable applications and processes. Vendor contracts, offer letters to new hires, server access authorizations, and regulatory compliance are required by the application workflows.
An e-sign tool has been implemented across the organization. Adoption of these familiar digital tools greatly sped up document processing, reducing signing times of non-disclosure agreements, statements of work, and contracts by 96 percent.
Applying with e-sign takes less than five minutes. The switch to e-sign software was calculated by the team at Regeneron to represent annual savings of $633,000 and 4,608 hours, as well as a reduction of paper waste and water consumption.
The government is in action.
Norfolk County in England eliminated its paper and printing costs in order to become the best- connected county in the U.K.
The Norfolk County Council tried to implement e-signatures for paperless workflows. Digital paperwork and e-signatures became important to keep operations running after the switch to remote and hybrid work.
The county government was able to integrate e-signatures into its infrastructure thanks to the new digital technology. Norfolk County says it can save 4.5 days a month by using the automated signing software.
Customer and employee stress can be alleviated.
By using e-signature tools, these three organizations were able to boost efficiency, predictability, and peace of mind for their customers.
According to a survey, employees at organizations that invest in digital solutions are more likely to say innovation has improved their work-life balance. Digital productivity tools give managers and employees peace of mind and make them less stressed, according to a survey. A supportive work culture is important for the majority of employees.
Employees feel more engaged and innovative when their organization supports them with digital tools. You can increase your productivity and grow your business if you have a higher sense of well-being.
Businesses can use digital tools to support their workforce according to the Future of Time report.
Cynthia is the chief information officer at Adobe.