This article is the third of a four-part series on RSign and how its feature richness and affordability will get you best-in-class, scalable e-signature software that will save you a lot of time and money.
Back in 2005, if you said, “I’m gonna do business with a brand-name bank, one of the big guys, an institution that’s been around for generations, you know, like Lehman Brothers, Bear Stearns or Credit Suisse,” nobody would fault you for not knowing that ALL these banks would be headed off a cliff. (You might also have had an inkling that, because any of these big banks were so intertwined with the larger economy, that governments would always be able to step in and bail them out if the unthinkable happened.)
At the same time in 2005, if you said that the Apprentice host, would be 45th President of the USA, you would likely get a lot more raised eyebrows to put it mildly. Fast-forward to present times, and now all these things have obviously come to pass—the most recent being the bailout/shotgun-wedding-to-a-competitor of Credit Suisse, one of the most storied banks in all of banking.
What does this all mean (other than ‘anything can happen’)? At least in terms of banks, it shows that size (in addition to storied history) matters little, and if you are thinking that the big bank you deal with will be deemed too-big-to-fail in the event of a crisis, I have some Merrill Lynch stock to sell you 😉. (Remember, in 2008, Bank of America was pressured to acquire the bull of Wall Street, Merrill Lynch, as a last minute save from the perils of its bankruptcy).
If these mega banks can collapse as they did, why would one bank with a local bank or credit union that presumably would not have the lobbying and PR muscle to get a government-induced bailout? I believe it is the widely shared belief that at a smaller bank, you can know the bankers and more importantly, they can get to know you (more easily). The presumption is that you will receive better, friendlier, and more personalized service. This explains recently released data by the National Credit Union Administration that shows total assets in federally insured credit unions rising by $108 billion, or 5.2 percent, to $2.17 trillion over the year ending in the fourth quarter of 2022.
RSign is in a similar situation in that it is not the biggest name in software, but we are seeing fantastic growth in our customer base because we offer all our customers, large and small, the kind of personalized, consultative, and supportive experience big tech could never provide.
As we often say: we simply can’t afford to make customers enter a support queue. Or upcharge for each feature. Or not be the most affordable. Or not continuously innovate so that we can always be the most feature-rich while easy to use.
RSign is the only global eSign platform designed with an affordable, flexible pricing model that adapts to businesses from all industries, sizes, and regions, and at the same time is feature-rich, easy to use, and friendlier to work with. And this is all built on 20 years of leadership in eSecurity, eSignature legalities, and eCompliance.
Who else offers a guided eSign experience, faster automating templates, bulk eSigning, dynamic API integrations, the specialized features you are looking for to solve your obscure workflows; and all with a trained eye on international privacy, compliance, and other key legalities?
In a sense, we’re not too big to fail; we’re too agile not to succeed because we keep a laser-like focus on innovation and great customer service.
Feel free to contact us to discuss how you can experience the RSign difference with your eSignatures. Remember, we’ve pre-built tons of integrations into platforms like iManage, NetDocuments, Salesforce.com, Applied Epic, Microsoft Outlook, Teams, and more.
February 16, 2024
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