Document transaction and document management solutions for businesses - how they work.
Document transaction and document management solutions represent a new way of doing business digitally. They're ideal for companies that are looking for a mobile, secure and reliable way to manage documents in a global, cloud-enabled world.
The concept of a paperless office is not new. The concept of digitizing documents for easy transport via the Internet through email, or other electronic and magnetic means, is also not new. And electronic signatures have been around for more than 20 years. What is new is that a digital document solution creates a completely new set of problems, such as security for confidential documents, certified signatures, secure transport, and the legality of such digital transactions.
There are electronic signature companies that specialize in digital transaction and document management as communications service providers (CSPs) or as software as a service (SaaS) providers. These companies' products ensure secure document delivery, storage, control, and flexibility for their users. Providers offer services that assist companies in document retention, compliance activities, and reporting. They make processes run a lot faster and they give control back to the end user in terms of the manner as to how and how well the devices are able to work.
Digital transaction management (DTM) is a type of secure cloud software and associated services designed to manage digital transactions between users and their documents and data. DTM in the context of document encryption and security has to do with the secure delivery of documents between parties, certification of their signatures in those documents, document storage, and regulatory compliance.
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