The Australian-listed San Francisco headquartered Nitro (ASX:NTO), says the product, which equips users with the tools to eSign and digitally collaborate on documents, will be rolled out “at no cost” giving free access to users through 2020 to support businesses transitioning to remote work as a result of the global pandemic.
Nitro says that with companies now contemplating a more permanent shift to employees working from anywhere in the future, Nitro Sign is intended to help set organisations up to be more efficient and better embrace digital transformation over the long term.
The Nitro Sign announcement comes as Nitro expands its footprint in the digital workflow space, which it says has “accelerated as work-from-home becomes the norm”.
Nitro CEO and co-founder, Sam Chandler, said the company’s strong performance in Q1 was “partly attributed to soaring demand for digital collaboration tools such as the Nitro Productivity Suite, as companies were forced to embrace fully remote work for their teams in response to the pandemic”.
“Since the emergence of COVID-19, analysis of the global Nitro customer base from the last few months has shown a significant increase in the acceleration of digital transformation and we expect that trend to continue,” Chandler said.
“To highlight a few examples – printing has more than halved, digital form-filling has increased by 92 per cent, and electronic signature requests have jumped by a massive 105%. At a time when many companies and their employees may be struggling to adapt, we’re committed to helping them quickly adjust to a secure, remote work environment, without losing productivity or having to incur excessive overhead.
“We know that teams that transition to digital workflows demonstrate higher levels of productivity and get things done faster than those who don’t, which has never been more obvious than in the past few months. For example, our Nitro Analytics data from February to April has shown a 67% in digital annotation and collaboration activities, while electronic signature requests are being completed 43% faster than before.
“The future of work is here, and it’s vital for everyone in an organization to be equipped with the ability to work digitally with documents and not be encumbered by inefficient paper-based processes, especially when working remotely because many knowledge workers don’t even have printers at home.
“It’s clear to us there has never been a more important time than now to share our digital workflow solutions to help businesses worldwide prepare for this evolved way of working. We hope that by giving users free access to Nitro Sign in 2020, we can help people work better and smarter together, no matter where they may be.”