Georgian Partners
Executive Summary
Customer
Georgian Partners is a growth equity firm investing in expansion and later stage enterprise software and information aggregation companies
The Goal
Leverage online e-signature solutions to be an industry leader
The Problem
Rigid regulatory and contractual deadlines requiring the collaboration of up to as many as 40 parties
The Solution
Use e-SignLive™ cloud-based e-signature solutions to allow stake-holders to review and sign documents
The Results
Multiple signers can now review and sign complex documents online and on time
The Success Story
With e-SignLive™, Georgian Partners, a Canadian growth equity investment firm, now makes it easier and more convenient for investors to close business deals faster and with great security. Georgian Partners uses e-SignLive™ online e-signature services to complete high-value investment transactions online and without delay.
“When you’re dealing with large investments, the importance of signing contracts quickly and efficiently is paramount,” said John Berton, co-founder and managing partner of Georgian Partners. “We were impressed with just how convenient and easy it was to sign contracts electronically using e-SignLive™, even though there were multiple parties and documents involved.”
In a global economy where investors frequently travel, returning paper signed documents on time in order to meet rigid regulatory or contractual deadlines can be a challenge - especially when there can be as many as 40 parties involved.
“These are extremely time-sensitive documents. We often have only one day to meet the deadlines set down by regulatory bodies or by our own business negotiations,” said Berton. “It used to take quite a bit of time to manage the paper signing process, and make sure that everyone reviewed the appropriate documents and signed correctly.”
Using e-SignLive™, Georgian Partners’ investors can now easily and securely review and sign documents such as shareholder and investment agreements, non-disclosure agreements or purchase of sale contracts over the web from any mobile device. And because e-SignLive™ lets you set the order in which documents need to be signed as well as highlighting all fields that require information, complex documents are completed right the first time.
e-SignLive™ has a unique and patented Process Reviewer™ audit trail technology that captures secure and easy-to-understand legal evidence necessary to defend electronically signed agreements that can stand up in court. Documents signed with e-SignLive™ are also digitally sealed using advanced security technology that reveals any tampering with the e-signed documents. Georgian Partners can now reproduce strong electronic legal evidence and irrefutable audit trail information that protects it and its clients.
“There was absolutely no hesitation around electronically signing off on a transaction worth millions of dollars using e-SignLive™.”