eOriginal welcomes the opportunity to extend Recombo's internet-based front office process automation with our On Demand back office vaulting, management, and securitization software
Vancouver (PRWEB) September 11, 2007
Recombo Inc., one of North America's foremost providers of secure digital signature technology, today announced a partnership with eOriginal, Inc., a leading supplier of electronic vaulting software, to provide a joint solution to electronic contracting within the financial services industry.
With the integration of Recombo's Waypoint™ technology with eOriginal's advanced electronic vaulting technology, customers will now have a sophisticated, user-friendly end-to-end solution for signing and managing electronic contracts and agreements. This translates into a significant reduction in the need for paper in the traditionally document-intensive financial services industry.
"Recombo's partnership with eOriginal creates a more seamless solution for companies implementing paperless transactions within the financial services industry," said Mike Gardner, Recombo CEO.
Recombo Waypoint™ is an online service that allows businesses to legally complete any contract or agreement through email and the internet. With its identity verification component, security-conscious customers can also reduce the risk of fraud by quickly validating identities online.
The eOriginal eCore® advanced electronic vaulting technology enables electronically signed documents to be vaulted and managed as they are transitioned throughout their lifecycle. This ensures the documents remain legally admissible, compliant, enforceable and negotiable.
The combination of Recombo Waypoint™ and eOriginal eCore will allow customers to quickly deploy electronic signature, document management and electronic vaulting solutions into their existing business process without disruption. Once integrated, customers can legally sign, organize and track any contract and agreement on a completely digital platform through Recombo Waypoint™ Agreement Manager Interface. As an added benefit, Recombo Waypoint's™ portability and individual audit trails allow users to maintain the chain of evidence throughout the signing process, thereby maintaining each document's legal weight. A clearly verifiable audit trail is important to ensure compliance with Sarbanes-Oxley (SOX) legislation, which has forced organizations to pay much closer attention to their financial reporting.
"eOriginal welcomes the opportunity to extend Recombo's internet-based front office process automation with our On Demand back office vaulting, management, and securitization software" said Stephen F. Bisbee, CEO of eOriginal. "This partnership now provides a one-stop option to banking and finance customers who previously had to piece together their technology components for electronic signature and vaulting capabilities."
About Recombo Inc.:
More companies in the U.S. and Canada are embracing digital signature and electronic agreement technology as one of the most cost-effective means of simplifying and safeguarding day-to-day business processes. From multi-national staffing agencies and leasing companies to cross-border law firms, companies that deal with contracts and agreements as a core part of their businesses have fully integrated secure electronic signature technology into their practices, fulfilling legally binding services at significantly reduced administrative costs.
Recombo Inc. is a leading provider of online agreement and secure electronic signature/digital signature software. Recombo Waypoint™, is an online service that lets businesses complete any contract or agreement through email and the internet. Enterprises using Recombo Waypoint™ close sales faster, gain immediate access to new markets, and reduce costs without investing in IT infrastructure. For more information, please visit http://www.recombo.com.
About eOriginal, Inc.:
eOriginal's electronic vaulting solutions enable lenders and investors to eliminate paper while legally protecting their assets as eContract documents are managed, held and transitioned throughout their lifecycle. eOriginal eCore® technology and processes create electronic finance documents that are tamper-evident, auditable, legally enforceable, compliant, admissible and negotiable. eOriginal solutions provide compliance for managing electronic signatures and transferable records under E-Sign, UETA and UCC Revised Article 9-105. eOriginal® technology protects nearly $10 Billion in secured electronic assets and has managed more than 500,000 electronic finance documents without a single error or legal challenge. For more information about how to turn eOriginal's experience into your advantage, contact us at 410-895-7699.
For more information please contact:
203 325 8772
416 969 2759
Director of Marketing