Case Study: ConnectPay reduces signature collection time with Signicat

ConnectPay cuts signature collection from 210 days to 45 with Signicat

ConnectPay, a Lithuanian electronic money institution, faced a significant challenge in collecting signatures for internal contracts and board decisions. As a global company with signatories in different countries, their process was slow, paper-based, and environmentally costly, taking up to two weeks per cycle. They sought a solution from Signicat to digitize and streamline this process.

By implementing Signicat's Dokobit service, ConnectPay automated its signature collection. This allowed for secure digital signing and streamlined the chain of signatories. The solution had a dramatic measurable impact: the overall signature collection timeframe was reduced from 210 days to just 45 days annually, saving considerable employee time and simplifying the entire process.

ConnectPay