Oglethorpe Power Corporation's implementation illustrates how the CoSign digital signature solution is a production-enhancing and complementary product for any organization that relies on Lawson Contract Management
San Francisco, California (PRWEB) July 21, 2009
ARX Inc., a leading provider of digital signature solutions (standard electronic signatures), has implemented the CoSign digital signature solution at Oglethorpe Power Corporation (OPC), the largest power supply cooperative in the country. Designed for simple and coherent integration, the combined solution of Lawson S3 Contract Management and Cosign for digital signatures, enabled OPC to maintain a fully electronic workflow from the creation of its internal documentation through signature authorization.
From their reduction in paper-related costs alone, OPC expects to save $325,000 in their first year of implementation with their return on investment occurring within 3-4 months. During a weak economy, savings at this level are essential to any organization. The success that OPC has enjoyed by integrating CoSign within its contract approval process has also led the organization to consider additional implementations throughout the organization.
"CoSign has enabled us to realize a truly paperless process," explained John Lauer, OPC's IT Manager of Enterprise Services. "Without the CoSign digital signature solution we would still be hindering organizational processes by reintroducing some form of paper into our workflow for contract approvals."
Oglethorpe Power Corporation had implemented Lawson S3 Contract Management to help simplify contract creation and management. In order to address their internal contract approval process, the organization's management decided to implement a digital signature solution. Deploying a digital signature solution enabled OPC to maintain a fully electronic workflow, leveraging the full benefit of their electronic contract management application and increasing overall workflow productivity.
"Oglethorpe Power Corporation's implementation illustrates how the CoSign digital signature solution is a production-enhancing and complementary product for any organization that relies on Lawson Contract Management," said Mike Milton, VP of Sales, Americas, ARX.
About Oglethorpe Power Corporation
Oglethorpe Power Corporation (OPC) is the nation's largest power supply cooperative with approximately $5 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to 4.1 million Georgia citizens. For more information please visit http://www.opc.com/index.htm.
About CoSign Digital Signatures
CoSign makes it easy to digitally sign transactions, documents, and records by embedding the standard signature technology directly into mainstream business applications. CoSign produces a signature record for every signature it captures. This Portable Signature Format (CoSign PSF™) allows anyone to seamlessly verify and retain proof of identity, intent, and document integrity without costly, complicated, or proprietary software. CoSign keeps your business running smoothly by fully automating and quickly scaling processes at a low cost and with proper controls. Learn more at http://www.arx.com/products/cosign_moreinfo.php.
About The Digital Signature Company - ARX
ARX (Algorithmic Research) is a global provider of cost-efficient digital signature solutions for industries such as life sciences, healthcare, government, and engineering. ARX engineers and scientists have more than 20 years of experience in security and standard digital signature application. ARX helps businesses secure, streamline, and scale their business processes and transactions with the proper controls required by legislation, regulation, and industry best practice. Visit us at http://www.arx.com.
CoSign is a registered trademark and CoSign PSF is a trademark of Algorithmic Research, Ltd. All other trade names and trademarks are the property of their respective holders.
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