The Cochin Chamber of Commerce & Industry today announced integration of Adobe Sign into their digital documentation process, in partnership with Docswallet, a blockchain digital locker services provider. With the use of Adobe’s e-signature solution, the Cochin Chamber is looking to ease the distribution process of digital documents for its members, make them legally valid and add a security and compliance layer.
The Chamber offers several documentation services such as certificates of origin, visa invitation letters, no objection certificates, attestations and more. These documents are then used by the Chamber members to apply for visas, export goods, register a foreign branch of the company etc. The new process will help reduce the complexity in export documentation, logistics, sending documents to multiple agencies for signing etc. With the implementation of Adobe Sign, the Chamber has witnessed greater efficiencies for its member community, with 90% reduction in turnaround time for document processing.
“We are committed to providing the highest quality of service in the most professional manner to our members and the business community in Kerala; and are pleased to partner with Docswallet for our end-to-end digital documentation process. With the recent implementation of Adobe Sign, we have been able to make the entire process of digital documentation easy, legal and reliable for our members.”, said Shaji Varghese, President of the Cochin Chamber of Commerce & Industry.
Commenting on the potential of e-signatures and its partnership, Sunil Kumar Mohapatra, Director – South Asia Region, Adobe said, “The market for e-signatures in India is growing at a Compounded Annual Growth Rate (CAGR) of 57% and is expected to cross over 90 million transactions by 2020*. With the digitization drive in full swing in the country, we are happy to have a trusted partner like Docswallet to further the Digital India vision and provide convenient and secure digital documentation services to customers across industries.” He further added, “We are happy to support The Cochin Chamber in taking their digital documentation process to the next level and providing an enhanced experience to their members and business partners.”
Adobe has partnered with Docswallet Digital Locker Services for providing end-to-end document solutions to its clients. Adobe’s globally compliant signature solution, along with Docswallet Digital Locker Services, aims to ease the way of doing business for clients, especially in trade. Docswallet provides digital documentation solutions to the trade businesses, enabling exporters to share confidential and critical documents such as invoices, certificates etc. with importers in a timely and cost-efficient manner. The Adobe Sign solution will enable exporters along with other government agencies, accredited labs and others to transact documents digitally, thereby creating a paperless process, saving time, effort and money for businesses.
Commenting on the implementation, Avira Tharakan, Chief Executive Officer, Digital Locker Services said, “We are glad to associate with The Cochin Chamber and help them reach faster turnaround time for documents, allowing their members to track as well as manage the entire process electronically. We are hopeful to take this service to other State Chambers soon to truly help achieve the Digital India dream”. He further added, “We are happy to provide a full range of digital documentation services to our customers, from storing of official documents to issuing and exchanging them with other parties. Due to our strong partnership with Adobe, we are able to deliver the highest levels of security, efficiency and legal compliance to our customers.”
Adobe Document Cloud helps organisations drive business faster and deliver superior customer experiences, on any device, by making paper-based processes 100% digital. At the heart of Document Cloud is Acrobat DC, the world’s best PDF solution; Adobe Sign, the leading e-signature solution that allows anyone to sign and send documents from any device; and powerful companion mobile apps. Document Cloud offers integrations with industry leaders like Salesforce, Microsoft, Workday, Dropbox and Box, so people can work the way they’re accustomed to working.
The Cochin Chamber of Commerce and Industry is one of the oldest Chambers of Commerce in the country having completed 160 years of service to the trade and commerce. They are also a promoter chamber of ASSOCHAM- the apex industry body of the country. The Chamber is committed to providing the highest quality of service in the most professional manner to its members and the community that it aims to serve. The Chamber acts, advocates and liaises promptly and efficiently with the Government, other agencies, organizations and the society at large to promote the cause of its members.
For more information, visit www.cochinchamber.org.
Docswallet enables users to get digitally certified copies of documents on blockchain from their official sources, store and organize them in a locker, and submit them as required. A large number of universities and other organisations in India have already adopted DocsWallet.