“Digital Transformation” is probably one of the biggest challenges every business needs to cope with today. At the same time, many businesses are facing various forms of legal compliance requirements related to their products. Digital onboarding – the critical step of converting an interested party into an actual customer – is turning out to be the biggest stumbling block on the path to effectively selling products or services online. On the other hand, these hurdles also offer significant opportunities for growth.
Various studies show that customers abandon an average of 84 percent of online purchases or registrations in the middle of the process. In other words, current online sales of the retail market haven’t yet reached even 20 percent of their potential.
Thus, the vision of SignD is to enable corporations a proactive approach towards current and prospective compliance requirements and save their customers time and money by apprehending the changes in legal complexity and needs.