Qurum Business Group reduces its staff onboarding time by 82%
INDUSTRY
Banking and financial
LOCATION
Oman
CHALLENGES
Delays in the vendor and employment onboarding process due to physical document submission and manual document verification processes.
SOLUTION
End-to-end paperless office solution for that could streamline contract management with vendors, suppliers, and employees.
BENEFITS
- Digital transformation of staff onboarding using e-Signatures and workflow management
- Faster turnaround time, increased employee efficiency, productivity and transparency
- Digitization of document storage ensuring authenticity of employment agreements and documents that meet compliance & regulatory requirements
Case summary
Qurum Business Group is based out of Oman and operates across the Middle East, Europe and the Indian sub-continent. They are an international diversified business services group providing a range of strategic investments in real estate, financial services including investment banking, and marine surveys and engineering.
QBG’s management realized that they were dealing with delays in the vendor and employment onboarding process due to physical document submission and manual document verification processes. This led to drop in the average contract closure, lower throughput and challenged the smooth functioning of the employee onboarding process.
Why Qurum chose emSigner
Qurum reached out to us after learning about our AI enabled document processing automation solution– emSigner that could be instrumental in bringing about efficiencies in time and cost.
The team examined and analyzed the state-of-the-art management and reporting systems present at QBG and proposed an end-to-end paperless office solution for that could streamline contract management with vendors, suppliers, and employees. Post implementation, QBG was able to leverage electronic signatures that allowed customers and approving authorities to initiate, sign, and approve documents as part of a pre-defined workflow which resulted in reduction of extensive paper work and time delays caused mostly due to late approvals.