As Government continues to seek out ways to improve efficiencies in the public service through greater use of technology, a Toronto-based firm is making a bid to help with just that.
Officials of signature company Syngrafii Inc. were recently in Barbados meeting with private sector and government officials in order to introduce its online technology, which they say could help companies and government collectively save significant sums each year.
Syngrafii is an e-signature company, which provides companies with the option of executing original biometric ink signature onto hard copy or electronic documents when and where they want without having to incur mailing and other costs.
Vice President of Technology Ravi Dave told Barbados TODAY such a technology was critical if companies in Barbados wanted to minimize travel and save money, time and paper, while being more efficient.
“So there is a lot of green savings to it. There is a lot of efficiencies in time benefits from being able to execute agreements in that fashion,” he said, pointing out that the use of Syngrafii software would also allow companies to save big time by not having to send documents via courier for signing.
Pointing to Barbados’ reputation of being a jurisdiction for international business and the government’s need to go paperless, Dave said his company was a perfect fit.
He also noted that more people were becoming less interested in face-to-face business transactions, especially when all that was required is a signature.
“On the compliance side of things, there are many e-signature laws globally and we comply with the different requirements for the different jurisdictions,” he said, while giving the assurance that the system was highly protected.
“If you have to sign 20 times on an electronic contract you have to sign 20 times. So instead of signing once and copy and paste your signature, which other competitors allow you to do, it protects you as an individual and each signature is unique . . . and in the background we have the compliance audit trail,” he explained.
Syngrafii, started in 2004, targets firms that carry out legal and other transactions that require signatures, spanning a range of industries in the private and public sectors including law, immigration, health, real estate and tourism.
The company was recently introduced to Barbados through a partnership with the Barbados-based outsourcing company Crucible International.
Vice President of Sales Eric Strong told Barbados TODAY that so far Syngrafii has clients in Asia, the Middle East, Europe, Canada and North America and was now expanding into Africa.
“Why Barbados? I think it is an interesting central hub for innovative business solutions and opportunities. We have a key relationship with Crucible International, a local company. We are finding that as organizations and governments are looking for digital transformation to improve how they deliver services. It is about the client experience of interfacing and with their constituents or customers, then it is about how you can improve the efficiencies of what you do,” said Strong.
He said following meetings over three weeks ago with local officials, things were looking promising.
“We presented what the technology was as an introduction to the market. We anticipate further conversations and presentations and dialogue on helping organizations determine how the technology can be used for their benefit,” he said.
“We had some very good conversations with some of your government ministries that attended and there is an initiative to do a digital transformation and becoming more efficient at delivering government services. So there was expressed interest in the evaluation, looking at how this might be deployed in one of the government offices and we will continue down that path. We will see in the weeks and months to come how that evolves, but we are very interested in helping them evaluate the technology and determine the specific use within their business environment,” he added.