Our leading digital signature technology is further diversified with the addition of a feature enabling mandated group signing.
Our digital signature solution has just become more powerful with the addition of Group Signing – a parallel workflow feature for mandate registers.
The SignFlow team has been hard at work, as always, advancing what is already a world-class digital signing and workflow solution, to give our users a top-notch experience, with everything they need to do business at their fingertips.
The latest addition to the SignFlow set of business tools, Group Signing, is a valuable and efficient tool for companies with mandate registers (people in an organisation that are authorised to sign off certain key documents).
Unlike a sequential workflow, in which a document in need of a signature/signatures is distributed to a number of people, one after the next, Group Signing is a parallel workflow feature – meaning a number of people will receive a document at the same time.
Characteristically SignFlow, this new feature is completely user-friendly and the process quick and painless.
Let’s take facility letters sent out by banks to illustrate the process. There may be ten directors that have signed a mandate authorising them to sign annual facility letters, but the bank only requires signatures from two directors. The bank would then set up a group called “Company Directors”, for instance, and load all ten directors as signers. The document is prepared with two signature fields and sent to all directors simultaneously. As soon as any two of the ten have signed, quorum is reached and the workflow is complete (or, depending on how it is set up, it may continue to completion).
What makes SignFlow’s Group Signing feature unique, is the fact that it allows a combination of sequential and parallel workflow – also known as Advanced Routing – which lets users combine individual signers and group sign-offs, in a single workflow configuration.