But the movies do not give administrative details. It remains for the imagination and personal entertainment how the bankruptcy, merger and other documents of said corporations would have been signed. Were they made remotely from the off-Earth colonies mentioned in bladerunner? Or from scout ships like USCSS Prometheus?
Covalto, Tangelo and GS1 sound like sci-fi movie company names, but they are real and operating today. The first two are fintech and the third is a very technology in their own way. All three have in common the use of tools that many believe will be used in the future, although it seems they will be in daily use sooner rather than later: the electronic signature and its platforms, in this case Firmamex.
Covalto presents itself as “the bank of the future, today” and focuses on financial products for small and medium-sized companies. It seeks to offer them in the most agile and easy way possible. She analyzed her entire process to make it more automatic and scalable, which led her to digitize her documents.
Covalto’s legal team became familiar with the regulation on electronic signatures and trained the commercial team. Today your clients do not need to travel, they can make requests and sign from anywhere. Your document management is stored digitally and a warehouse is not required to store hundreds of boxes with papers.
Ariel Lupa, legal vice president of Covalto, assured in an interview that electronic promissory notes signed with Firmamex have even been executed and there are successful cases in which courts have authorized precautionary mechanisms using documents signed in the same way.
Tangelo bestows tailored financing to companies. After overcoming several challenges: resistance to change, fears, training in various areas, legal reviews and validations, they advanced in the implementation of the digital signature in their processes.
Elizabeth Ortiz, manager of Tangelo’s legal area, explained that the commercial team no longer needs to travel to collect client signatures. The use of Firmamex is simple and allows defining who, how and where signs the document and there is the security of using means of identity validation.
All this thanks to the fact that there is a regulation and it offers certainty to the users of the platforms, Ortiz clarified.
GS1 has more than 30 years in Mexico assigning bar codes to products and promotes electronic commerce by helping businesses grow and improve their efficiency, security and sustainability. Due to the pandemic, its associates could not travel to sign contracts; more than 26,000 associates, 80% small and medium and 20% large companies.
He decided to use Firmamex after evaluating different platforms. The use of electronic signatures allowed GS1 to implement another project: the digital library, which has security measures to avoid vulnerabilities to contracts and purchase orders entered into with collaborators and suppliers.