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Build or Buy? What to Consider When Implementing Electronic Signatures

Summary: Find out why more organizations than ever are trusting solution providers with their e-signature projects. This article shares the pros and cons of both buying a solution and developing your own electronic signature solution in-house.

Once an organization has decided to implement electronic signatures, the internal discussion may turn to “Do we buy the solution, or build one in-house?”

The choice will affect the cost of the project, but more importantly, it will impact time-to-market, exposure to risk and the company’s core business performance.

Many organizations believe that building a solution in-house will cost less, provide more flexibility and be less of a risk. However, this is frequently not the case.

  • FACT: On average, purchased solutions cost 15 per cent less than in-house solutions.
  • FACT: Purchased solutions deliver 35 per cent greater ROI than those built in-house.
  • FACT: Turning business and legal requirements into an actual solution calls for specialized expertise.

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