Efficiency is the cornerstone of success in today’s dynamic business landscape. Yet, many organizations overlook a critical source of inefficiency: forms processing.
Whether it’s a simple inquiry form or a complex financial document, managing forms can often slow operations, leading to lost productivity and customer frustration. Digital forms offer an opportunity to eliminate these bottlenecks, paving the way for streamlined operations and enhanced customer satisfaction.
Let’s take a look at some of the benefits of digital forms and how they’re being used to increase efficiency.
Advantages of Digital Forms
Digital forms bring a range of advantages that help to:
● Streamline Operations: Automate data entry, reduce processing time, and eliminate manual errors that lead to increased productivity and cost savings.
● Improve Customer Experience: Provide a seamless and convenient experience for customers by eliminating paperwork and reducing wait times.
● Deliver Actionable Insights: Collect and analyze data effectively to inform business decisions and identify trends.
● Maintain Compliance: Adhere to regulatory requirements through automated data validation and access to up-to-date forms.
● Enhance Flexibility: Easily adapt to changing business needs and handle increased volumes of forms without compromising efficiency.
● Promote Sustainability: Reduce paper consumption and contribute to sustainability efforts.
Digital Forms in Actions: Case Study
A mid-size broker/dealer with 1,800 financial professionals faced significant challenges managing the high volume of paperwork for new account openings. The process was cumbersome and error-prone, leading to a 12-month backlog that hampered client satisfaction and organizational efficiency.
The integration of an enterprise forms automation API into their platform transformed the account opening process. Quik! — the first service-based product to convert any form, application, contract, or document to 100% web-based HTML for automation — enabled users to seamlessly fill out, manage, and e-sign forms within a single user experience. Integration with Docusign further streamlined the process, achieving these results:
● Profit Goals: The firm hit its annual profit target in just five months after implementing the Quik! solution.
● Backlog Elimination: A daunting 12-month backlog was cleared, allowing the firm to serve its clients more efficiently.
● Long-Term Commitment: For over 18 years, the broker/dealer has consistently chosen Quik! over competitors after conducting three rigorous evaluations.
● Platform Adoption: The intuitive nature of the Quik! API led to a 100% adoption rate among the platform's users.
The Quik! Solution
For more than 20 years, Quik! has supported businesses in transforming forms processing. We want you to spend less time on paperwork and more time achieving your strategic goals.
As the industry leader in enterprise forms processing, we provide a comprehensive software solution combining service and an extensive library of over 40,000 fillable forms. While we specialize in financial services, our versatile platform can help businesses across industries. Quik! provides a bridge that moves data between the company’s data source (CRM) to the form and then to the customer for signature or E-Signature and can also deliver accurate data from the form.
We also offer quick and easy onboarding, and its universal approach isn’t a one-size-fits-all solution but is tailored to seamlessly integrate into your unique processes.
Don’t let outdated forms hold your business back. With Quik!, you can streamline your processes, improve efficiency, and boost customer satisfaction. Contact us today to learn how our digital forms solution can transform your operations.
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