MONTREAL--(BUSINESS WIRE)--e-SignLive™ by Silanis, the e-signature choice for business, today announced that Procurity, the purchasing, distribution and marketing arm of pharmacies across Canada, has implemented e-SignLive’s e-signature technology into its order and distribution practices.
To digitize these processes, Procurity turned to e-SignLive for help with compliance, automation, efficiency and customer experience. Previously, employees at its Winnipeg and Edmonton distribution centers had to print, photocopy, ship and store order forms that took anywhere from one month to two years to achieve full completion. By removing paper, Procurity is now saving two to three hours per employee, per day, since staff no longer need to match and file the narcotic signature forms returned by its customers.
Procurity also needed to improve audit preparedness, and eliminate any risk of missing documents, pages or signatures during audits. Procurity’s annual Health Canada inspection involved a manual and tedious process and anything missing jeopardized the company’s licenses to buy and sell pharmaceuticals in Canada. Now with e-SignLive, transactions are completed in only 24 hours and the process no longer puts Procurity’s licenses at risk.
“The order process at Procurity needed to be streamlined, meet compliance requirements and eliminate paper,” said Rheal Lesage, Director of Information Systems and e-Commerce. “We chose e-SignLive because of its deep expertise in regulated industries and ease of integration. Now with e-signatures, there is no need to copy, mail or retrieve order forms because it can be completed effectively in a fraction of the time.”
With the implementation of e-signatures, all pharmacies within Procurity’s network have adopted the technology. The fast integration has made it easier for almost 500 pharmacies to retrieve signed paperwork, meet regulations and save time and money.
“There is a challenge regulated industries face when going digital – they are subject to very strict regulations and regular audits,” said Tommy Petrogiannis, CEO and co-founder Silanis Technology. “We provide companies like Procurity with the right balance of speed-to-market, audit trails and security, so they can go digital with confidence and strengthen their compliance position in ways that were impossible with paper.”
As an example, pharmaceutical distributors like Procurity are required by federal regulation to keep narcotics signatures, or chain of signature records for the shipment of regulated substances, for two years. With e-SignLive, Procurity stores its e-signed records independently of the e-signature service, in a manner that enables the company to maintain control over its records and comply with retention policies.
Procurity built its e-signature integration with e-SignLive’s software development kit (SDK) in only one month. For more information about e-SignLive’s continued expansion into regulated industries and its solutions, please visit www.silanis.com.
Established in 1978 as United Pharmacists Ltd., Procurity Inc. is the purchasing, distribution, and marketing arm for a network of pharmacies across Canada. Procurity is 100% owned by independent pharmacists, governed by an elected Board of Directors. Any profits beyond annual and operating targets, and special initiatives are returned to members.
Highly visible banner programs, CounterWise Drug Marts and CounterCare Pharmacies, operate in Alberta, Saskatchewan, Manitoba and Northwestern Ontario. Programs include full support services from store acquisition to advertising to product distribution to succession planning.
Procurity's distribution centers in Winnipeg and Edmonton ship to independent pharmacies, buying groups and chains across Western Canada. Procurity's Encounter Brand is an extensive line of private label products, which provide a proprietary, high profit alternative to brand name equivalents.
A voice and vehicle for the security and growth of community pharmacy, Procurity invests in professional development for its members. Procurity advocates on behalf of all community pharmacists as well as the related industry sectors they represent.
About e-SignLive by Silanis
Businesses choose e-SignLive™ by Silanis when electronic signatures matter. e-SignLive is one of the most widely used e-signature solutions in the world and ranked as a leader by analyst firms. Organizations of all sizes, including top banks, insurers, credit providers, pharmaceutical companies and government agencies, trust e-SignLive to support and digitize their core business processes through innovations in digital transactions, mobile technology, audit trails and customer transaction analytics. Built on a single SaaS platform that can be delivered in the cloud or on-premises, e-SignLive offers the best customer experience while providing strong legal protection and regulatory compliance. Learn more at www.silanis.com.