Sageworks, a financial information company that provides lending, credit risk and portfolio risk solutions to banks and credit unions, today announced a new integration with Adobe® Sign.
Using its API Network, Sageworks now interfaces directly with Adobe® Sign for electronic signatures to deliver users of the Sageworks Banking Platform and their customers a more efficient, paperless experience.
Financial institutions using Sageworks Loan Application to offer borrowers a fast and simple application process can now opt-in to leverage e-signatures through Adobe® Sign without ever leaving the Sageworks platform. Oftentimes, a loan application filled out by one party requires the signatures of multiple other people and businesses. The new integration of Adobe® Sign with Sageworks’ lending solution allows borrowers and guarantors secure and quick electronic signatures with a single click, cutting out unnecessary communication, trips to the bank and cumbersome printed applications. This added optimization of the process will offer Sageworks clients faster turnaround of loan decisions.
Institutions using the Sageworks Banking Platform can look out for the implementation of e-signature technology throughout other Sageworks modules in the coming months, making 100% digital workflows a reality. E-signature capability will also be available on mobile devices for added convenience.
“Manually collecting signatures can be an unnecessary pain point in the lending process, creating significant delays and headaches for the borrower,” said Scott Ogle, CEO of Sageworks. “We are excited to announce the integration of the Sageworks Banking Platform with Adobe® Sign, and are confident this integration will empower our customers and their borrowers with an even more intuitive, seamless experience.”