Electronic signatures boost operations

In 2018, Hansel switched to the use of electronic signatures in joint procurement contracts and agreements on tendering services and procurement development services. Approximately 400 contracts and agreements were electronically signed (some 1,500 signatures total). The administrative burden of all the parties involved – customers, suppliers and Hansel – was clearly reduced.

The process of printing agreements, manually signing them and posting them has been almost completely eliminated. This has clearly speeded up the enforcement of agreements. The signing process that used to take several days or, in some cases, several weeks has become a real-time process, and the electronically signed document is available to the both parties to use and archive without any delay.

The cost savings are also significant. It has been estimated that each electronically signed document saves up to €240 when compared to traditional manual signing. For us, this meant cost savings of some €96,000 last year.