In today’s fast-paced business environment, efficiency is paramount. One often overlooked area with potential for improvement lies in forms. From simple customer inquiries to complex financial documents, forms are an important part of nearly every business process.
Traditional paper-based or static digital forms often lead to inefficiencies, errors, and delays. The manual transfer of data, the risk of lost or misplaced documents, and the time-consuming data entry can significantly impact productivity and customer satisfaction.
Digital, editable, searchable forms can change this narrative. 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:
Automate data entry, reduce processing time, and eliminate manual errors that lead to increased productivity and cost savings.
Provide a seamless and convenient experience for customers by eliminating paperwork and reducing wait times.
Collect and analyze data effectively to inform business decisions and identify trends.
Ensure adherence to regulatory requirements through automated data validation and audit trails.
Easily adapt to changing business needs and handle increased volumes of forms without compromising efficiency.
Reduce paper consumption and contribute to sustainability efforts.
Digital Forms in Actions: Case Studies
A mid-size broker/dealer with 1,800 financial professionals faced significant challenges managing the sheer volume of paperwork for new account openings. The process was cumbersome, error-prone, and time-consuming, leading to a 12-month backlog that hindered the firm's responsiveness and client satisfaction.
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 fill out, manage, and e-sign forms seamlessly within a single user experience. An integration with Docusign allowed the company to streamline its approach to achieve the following 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: Over an 18-year period, the broker/dealer has consistently chosen Quik! over competitors after thorough evaluations, conducted three times.
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 companies with their digital forms transformation. We want you to spend less time on paperwork and more time achieving your strategic goals.
Quik! is the industry leader in enterprise forms automation. A software product that combines service and an extensive library of over 40,000 fillable forms, we specialize in financial services but can help all 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.
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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