San Francisco, California 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.
