By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Marketing In Asia
  • Marketing
    • Viral
    • Expert Opinions
    • News & Trends
    • Research
    • Market Podcasts
    • Market Videos
    Marketing
    This category deals with best news and updates on marketing and branding news and events.
    Show More
    Top News
    AI
    Sana: The AI-Powered ‘Digital Library of Alexandria’ Revolutionizing Enterprise Information Accessibility
    6 hours ago
    Dheeraj Raina
    Gentari Welcomes New Chief Marketing Officer: The Next Chapter for Dheeraj Raina
    6 hours ago
    Joanna Su Yin Cockle
    Joanna Cockle: The New Marketing Maven at Villa Finder
    6 hours ago
    Latest News
    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
    2 hours ago
    Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire
    3 hours ago
    Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia
    4 hours ago
    Garmin Unleashes Feature-Packed Update for Fenix 7 and Forerunner Watches
    5 hours ago
  • Startup
    • News from Startup world
    • Startup Stories
    • Trends and Opinions
    • Startup Podcasts
    • Startup Videos
    Startup
    News and articles from startup and venture investment world
    Show More
    Top News
    women entrepreneur
    The Rising Tide: Transforming the Scene for Women Entrepreneurs in India
    2 weeks ago
    benefits of Venture studios
    Comparing Venture Studios and Traditional VC Firms: Key Differences to Know
    2 weeks ago
    funding
    Matrix Partners India Boosts its Fourth Fund to $525M Amid Economic Uncertainty
    2 weeks ago
    Latest News
    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
    1 hour ago
    UBS Gears to Finalize Credit Suisse Takeover by June 12 
    1 day ago
    Shilpa Shetty Fuels Fitness Revolution with KisanKonnect Partnership
    6 days ago
    Open-Source OOH Audience Measurement Framework Unveiled by Regional Advertising Leaders, AAMS, and Moving Walls Group
    1 week ago
  • Business
    • Feature Stories
    • News
    • Business Podcasts
    • Business Videos
    Business
    News and press releases from business world of Asia
    Show More
    Top News
    AI
    Sana: The AI-Powered ‘Digital Library of Alexandria’ Revolutionizing Enterprise Information Accessibility
    6 hours ago
    Dheeraj Raina
    Gentari Welcomes New Chief Marketing Officer: The Next Chapter for Dheeraj Raina
    6 hours ago
    Joanna Su Yin Cockle
    Joanna Cockle: The New Marketing Maven at Villa Finder
    6 hours ago
    Latest News
    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
    1 hour ago
    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
    2 hours ago
    Keso Kendall Steps Up as Senior VP of TEAM LEWIS to Lead Operations Across APAC
    6 hours ago
    HKGCC Recommends Labour Importation to Counter Widespread Talent Deficit in Hong Kong
    6 hours ago
  • Society
    • Inspiration
    • Destinations & Travel
    • Food & Gourmet
    • People
    • Young Voices
    • Society Videos
    • Society Podcasts
    Society
    News and articles from and for societies around us
    Show More
    Top News
    Blackpink's Rosé Leads K-beauty's Digital Revolution: Sulwhasoo and Lazada Unite for 'Shoppertainment'
    Blackpink’s Rosé Leads K-beauty’s Digital Revolution: Sulwhasoo and Lazada Unite for ‘Shoppertainment’
    1 week ago
    Sari
    The Sari Transformed: A Global Journey from Traditional Garment to High Fashion
    2 weeks ago
    Podcast
    Unplug and Tune In: Top 5 Indian Podcasts for Your Listening Pleasure in 2023
    2 weeks ago
    Latest News
    Revolution In Customer Loyalty: DFS Group’s DFS CIRCLE Transforms Luxury Travel Retail Experience 
    2 days ago
    Immerse Yourself in the Aromatic Extravaganza: Thailand Coffee Fest 2023 
    1 week ago
    MS Dhoni: The Quintessential Leader of Indian Premier League (IPL) 
    1 week ago
    Petronas Unveils Heritage-Rooted Films: A Celebration of Malaysia’s Cultural Richness
    1 week ago
  • Stories
  • Videos
    • Videos Gallery
    • The Opinion Scout
    • Step By Step
    • Market Masters Series
Search
Technology
  • Hot
  • Trending
  • Editor’s Choice
  • NSFW
  • Reactions
  • Authors
  • Viral on Internet
Other Pages
  • My Bookmarks
  • Customize Interests
  • About Marketing In Asia
  • Business Register & Login
  • Startup Register & Login
  • Disclaimer
  • Terms of Service
  • Privacy Policy
© 2023 Marketing In Asia Sdn Bhd. All Rights Reserved.
Reading: New Research Reveals That Singapore Businesses Are Saving Time Like Never Before
Share
Sign In
Notification Show More
Latest News
robot in a taiwan market
NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
Business Feature Stories Funding News News from Startup world Startup
cyber security threats
Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
Business Marketing
Tiger Crystal's New Campaign
Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire
Buzz Campaign Press Release
Randstad 2023 Report
Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia
Opinion Press Release Trends
Gramin
Garmin Unleashes Feature-Packed Update for Fenix 7 and Forerunner Watches
Branding Campaign Marketing
Aa
Marketing In Asia
Aa
  • Hot
  • Trending
  • Editor’s Choice
  • NSFW
  • Reactions
  • Authors
  • Viral on Internet
  • My Bookmarks
  • Customize Interests
  • About Marketing In Asia
  • Business Register & Login
  • Startup Register & Login
Search
  • Marketing
    • Viral
    • Expert Opinions
    • News & Trends
    • Research
    • Market Podcasts
    • Market Videos
  • Startup
    • News from Startup world
    • Startup Stories
    • Trends and Opinions
    • Startup Podcasts
    • Startup Videos
  • Business
    • Feature Stories
    • News
    • Business Podcasts
    • Business Videos
  • Society
    • Inspiration
    • Destinations & Travel
    • Food & Gourmet
    • People
    • Young Voices
    • Society Videos
    • Society Podcasts
  • Stories
  • Videos
    • Videos Gallery
    • The Opinion Scout
    • Step By Step
    • Market Masters Series
Have an existing account? Sign In
Follow US
© 2023 Marketing In Asia Sdn Bhd. All Rights Reserved.
Marketing In Asia > Blog > Business > Feature Stories > New Research Reveals That Singapore Businesses Are Saving Time Like Never Before
Feature Stories

New Research Reveals That Singapore Businesses Are Saving Time Like Never Before

profile
Last updated: 2022/07/29 at 4:19 PM
Ogilvy
Share
4 Min Read
new-research-reveals-that-singapore-businesses-are-saving-time-like-never-before
SHARE

New research from DocuSign, titled Time to Value: How to achieve business growth, competitive advantage and productivity, finds that despite the belief that the pandemic has sparked a wholesale digital transformation of businesses in Singapore, organisations are still lagging behind when it comes to technical advancement — with 39 per cent of businesses still running just one to four SaaS solutions.

SaaS solutions are a key driver of digital transformation initiatives as they save companies time (59%), heighten security (60%), enable scalability (55%), reduce cost (52%), facilitate integration (54%), and provide vendor service and support (54%). Of these benefits, time to value is ranked as the second highest in Singapore, demonstrating the importance placed on delivering rapid tangible business value from technology investments.

The research, which surveyed 194 IT Decision Makers across Australia, Singapore, and New Zealand, unveiled that, of the SaaS solutions available, e-signature ranks number one in customer satisfaction for time to value, with 45 per cent of customers extremely satisfied. This highlights an opportunity for businesses in Singapore to prioritise investment in eSignature solutions ahead of other technology investments.

While there is a demand for e-signatures, 56 per cent have yet to implement a solution, citing lack of collaboration between IT and business units (30%), integration challenges (28%) and regulatory requirements (24%) identified as the main barriers.

However, investment in these solutions is definitely on the rise, with 60 per cent of businesses introducing these digital tools in 2020-2021 alone.

The Singapore-headquartered financial institution, Finaxar said that the introduction of SaaS technology, like DocuSign eSignature solution, was ‘a game-changer’. As a result, this service enabled the business to reduce errors and increase efficiency by 50 per cent.

“We needed 20 signatures from a group of investors, shareholders, and clients. Once, someone misspelt an email address in a document, which is a completely normal human error, and that was when we agreed to get DocuSign on board,” explained Co-Founder and Group CEO at Finaxar, Dr. Sian Wee Tan. “DocuSign saves me so much time. And we haven’t even scratched the surface in terms of what I would like to do. From an administration, usability and an execution standpoint, it is by far the easiest and best software to use,” he noted.

Amid the pandemic, Finaxar had to adapt its tech to support small businesses moving operations online and digitising where possible. DocuSign supported this transformation and helped accelerate Finaxar’s digital journey and has since had zero complaints from customers.

“COVID-19 has had lasting repercussions for both the economy and society as a whole, serving as a catalyst for businesses in Singapore to accelerate their cloud adoption”, says Dan Bognar, Group Vice President and General Manager for the Asia Pacific and Japan DocuSign. “It is clear that SaaS solutions, like e-signature and contract lifecycle management, deliver faster time to value than other alternative technology investments. We expect that demand for these solutions will continue to increase as businesses take advantage of the benefits of digitising their agreement process and equipping their employees with tools to work from anywhere.”

You Might Also Like

NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture

Australia and Singapore Unite to Innovate Digital Eco-Friendly Shipping

Ex-Meta Leader George Chen Joins The Asia Group: New Era for Tech-Business Strategy in Asia

Open-Source OOH Audience Measurement Framework Unveiled by Regional Advertising Leaders, AAMS, and Moving Walls Group

MS Dhoni: The Quintessential Leader of Indian Premier League (IPL) 

Get Latest Job Updates on Whatsapp and Telegram
SCIKEY Logo
Whatsapp
Telegram
TAGGED: digitalsolutions, docusign, esignature, tag, techadoption, timetovalue

Sign Up For MIA Newsletter

Be keep up! Get the latest updates about the Marketing world delivered straight to your inbox.

    By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
    Ogilvy July 29, 2022 May 23, 2022
    Share This Article
    Facebook Twitter LinkedIn Email Copy Link Print
    Share
    What do you think?
    Love0
    Happy0
    Joy0
    Surprise0
    Sad0
    Angry0
    Cry0
    profile
    By Ogilvy
    Follow:
    Ogilvy has been producing iconic, culture-changing marketing campaigns since the day its founder David Ogilvy opened shop in 1948. Today, Ogilvy is an award-winning integrated creative network that makes brands matter for Fortune Global 500 companies as well as local businesses across more than 120 offices in 83 countries. The company creates experiences, design and communications that shape every aspect of a brands needs through six core capabilities: Brand Strategy, Advertising, Customer Engagement and Commerce, PR and Influence, Digital Transformation, and Partnerships. Ogilvy is a WPP company.
    Previous Article the-growing-significance-of-leveraging-ctv-with-programmatic-advertising-–-a-trend-marketers-must-not-miss The Growing Significance Of Leveraging CTV With Programmatic Advertising – A Trend Marketers Must Not Miss
    Next Article 5-mistakes-companies-make-when-expanding-into-asia 5 Mistakes Companies Make When Expanding Into Asia
    Leave a comment Leave a comment

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

    Follow US

    8k Followers Follow
    3.4k Followers Like
    1.1k Followers Follow
    200 Followers Follow
    157 Subscribers Subscribe

    Latest News

    robot in a taiwan market
    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture
    Business Feature Stories Funding News News from Startup world Startup 1 hour ago
    cyber security threats
    Newly Discovered Exploit Plagues WooCommerce, Shopify, and Magento
    Business Marketing 2 hours ago
    Tiger Crystal's New Campaign
    Ignite Your Passion With Tiger Crystal’s New Campaign: ‘Brewed For Your Fire
    Buzz Campaign Press Release 3 hours ago
    Randstad 2023 Report
    Randstad 2023 Report: Work-Life Balance Critical to Employee Retention in Malaysia
    Opinion Press Release Trends 4 hours ago

    You Might also Like

    robot in a taiwan market
    BusinessFeature StoriesFundingNewsNews from Startup worldStartup

    NTU Singapore and Delta Electronics Initiate $17.8M Laboratory Venture

    1 hour ago
    Maritime
    BusinessEconomicsFeature StoriesNews

    Australia and Singapore Unite to Innovate Digital Eco-Friendly Shipping

    2 days ago
    George Chen
    News

    Ex-Meta Leader George Chen Joins The Asia Group: New Era for Tech-Business Strategy in Asia

    2 days ago
    AI Tools In Social Media
    AdvertisingBrand HighlightsBrandingBusinessBuzzEconomicsFeature StoriesInterviewsMarketingNewsPress ReleaseResearchResearchViral News

    Open-Source OOH Audience Measurement Framework Unveiled by Regional Advertising Leaders, AAMS, and Moving Walls Group

    1 week ago
    //

    Get Asia to Notice You

    Quick Link

    • Contact
    • RSS Terms of Service
    • Policies & Standards
    • About Us
    • FAQ
    • Disclaimer
    • Terms Of Service
    • Privacy Policy

    Top Categories

    • Marketing
    • Startup
    • Feature Stories
    • News
    • People
    • Inspiration

    Sign Up for Our Newsletter

    Subscribe to our newsletter to get our newest articles instantly!

      Marketing In AsiaMarketing In Asia
      Follow US
      © 2023 Marketing In Asia. All Rights Reserved.
      • Disclaimer
      • Terms of Service
      • Privacy Policy
      Join the growing tribe of Marketing In Asia!

      Subscribe to our newsletter and never miss our latest updates, news, videos, podcasts etc..

        Zero spam, Unsubscribe at any time.