Merchant Applications with eSignature: 3 Reasons You Can’t Afford to Miss Out
Now that many businesses are paperless (and there are a number of reasons yours should be, not the least of which is preserving the environment), software is turning to making that paperless environment more efficient–and merchant applications with eSignature is one of the many ways that the digital environment is improving the business one.
If you’re not yet convinced, stick around for three awesome reasons you can’t afford to miss out on merchant applications with eSignature.
Awesome Reason #1: Kiss Incomplete Applications Good-bye
Imagine putting in the work to cultivate a prospect and they decide to fill out an application.
Except the process stops there. The application never gets signed and for that simple reason, can’t be completed.
After a few weeks of leaving messages, you finally cast that application off to the Land of Incomplete.
With eSignature, prospects can sign applications electronically, when they fill them out, which means that you can close the gates to the Land of Incomplete (sorry, socks and gym memberships).
Awesome Reason #2: Productive Agents are Happy Agents
No one likes to constantly lose prospects. Seriously, it’s demoralizing. Similarly, no one likes to spend their time hounding prospects to sign an application. That’s demoralizing and tiring and makes agents feel like they’re constantly forced to beg.
Merchant applications with eSignature allow for increased productivity. Instead of spending hours chasing down prospects, agents can devote energy to cultivating new relationships.
Translation: Your business will grow and your employees will be happier. That’s good for everyone!
Awesome Reason #3: Slow and Steady May Win the Race, but Faster Client Service is Always Appreciated
Did you know that the average time it takes an applicant to complete–and sign–an application with eSignature is only 42 minutes? It’s true! We wouldn’t write it if it weren’t true.
That means that in less than an hour, your prospects could go from applicants to clients or customers, depending on whether your business requires an approval of applications and how long that takes.
Compared to a prospect who can take days or more to sign a physical piece of paper, eSignature is going to assure her or him that you care about your applicant’s time as much as you care about your own. Offering eSignature says, “Hey there, Prospect! Let’s get the nitty-gritty taken care of so you can get back to your busy day!”
The bottom line is that Merchant Applications with eSignature does a lot to enhance the value you can get out of your CRM. You can’t afford to miss out! To learn more about this time-saving, productivity-enhancing, Land-of-Incomplete-closing technology, contact us.
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