OpenTrust Reduces the Business Cycle for a National Temping Employment Marketplace

OpenTrust Solution Facilitates a Modern Paperless Process to Sign and Validate Temping Contracts with Legal Value, Saving Time & Money

PARIS--(BUSINESS WIRE)--OpenTrust, the Next-Gen IT security software publisher, today announced that it has digitalized all paper workflows for an online marketplace that handle all electronic documents from quote inquiry through to invoices. The marketplace was initiated by a consortium of leading temping agencies and their customers nationwide.

“The OpenTrust Signature solution addresses all organizations that are automating business processes and require e-signatures. It is a simple, strong and secure solution for digital signatures and is seamlessly integrated into the most common IT systems deployed around the globe today”

OpenTrust’s Digital Signature solution was deployed to secure the legal value of electronic contracts and transactions with electronic signatures. The e-platform has cut the running cost by over 3 million Euros a year when compared to traditional paper processing methods.

The use of digital signatures reduces delay in processing to a few hours from an average of 3 weeks and reinforces the legal conformance because temporary employment contracts are in place and legally validated prior to the employment period as required by law. Before, this was a real challenge with regular mail & paper.

More and more organizations are choosing to automate business processes and eliminate paper. A paperless environment increases efficiency, reduces storage space and paper-related costs and is more environmentally friendly.

Today, thousands of users from 5,000 agencies connect to the system to securely sign a multitude of transactions with internal or external parties. Over a million legally binding contracts have been signed by the system. One agency set a record by signing 3000 individual electronic employment contracts in a single morning.

“The OpenTrust Signature solution addresses all organizations that are automating business processes and require e-signatures. It is a simple, strong and secure solution for digital signatures and is seamlessly integrated into the most common IT systems deployed around the globe today” said Olivier Guilbert, CEO of OpenTrust.

About OpenTrust:

OpenTrust® (www.opentrust.com) is a NextGen security software provider that secures all the elements of an Information System through a set of trusted web services. OPENTRUST platform builds a chain of trust between users, devices & networks, allowing a highly flexible but secure information system. OPENTRUST platform is integrated with most leading vendors (IBM Tivoli IAM, Oracle IAM, Cisco, RIM, iPhone, Gemalto, Safenet, Vasco and others). OpenTrust solutions have been deployed by millions of users of over100 Fortune 1,000 companies around the globe.