Kalpataru

Kalpataru Group reduced the turnaround time for commercial approvals by 75% with MSB Docs

Being a Real estate company with a huge paperwork every single day, this real-time solution with the most effective and user-friendly interface has saved us from the hassle like no software can. Using the software since last 2 years, the efforts and back and forth of documents have been decreased to literally zero. The internal approvals, RFPs, commercial approvals, appointment letters, commercial comparison on the basis of RFPs, memos, and confirmation from vendors; all have been simplified to make the procedures most compliant and friendly. With its effective team support, issues never seem like any. The process goes smoothly, and the software is well developed to get all the documents signatures without any internal errors, making it commercially suitable. All thanks to MSB Docs for saving our turnaround time by 25 to 30% with such cost-effectiveness and compliance.

Sharad Singhvi (Chief Information Office, Kalpataru Limited)

Key takeaways

  • Before MSB Docs, Kalpataru faced issues with getting the documents signed manually on time.
  • Every single day, around 2000 to 2500 documents needed to get signed manually which was difficult and time-consuming.
  • Kalpataru’s objective was to tackle this situation in order to save time as well as people’s efforts associated with that.
  • MSB Docs digitized the process and has got down the back and forth of documents to zero, along with the benefits of 24-hour accessibility and reminders.

The Company

Founded in 1969, Kalpataru Limited is one of India’s leading real estate companies. A recipient of several global awards in design and quality that has created defining landmarks and set new standards in real estate development for over a century.

What made Kalpataru choose MSB Docs?

The answer is it’s easy to use and super-friendly implementation into existing processes.

How Kalpatru-MSB Docs Collaboration took place?

MSB Docs, once recommended by CIO Club, has influenced Kalpataru so well that it has been 2 years since Kalpataru has been using MSB docs to get their e-signatures done within no time and with such ease.

The Challenge

Kalpataru faced issues with getting the documents signed, as sometimes the person would not be available while at other times, the document just roamed from here to there for getting signed.

As per the functionality of this company, they had to get the documents manually signed. Every single day, around 2000 to 2500 documents needed to get signed and out of which 1000 documents required more than one signature. This made the documents just jump from one table to another and in the cases when that particular person whose signatures are needed is not available in the once, the process used to become even more difficult and time-consuming. Adding to the hassle, there was no way to send reminders also.

In case of appointment letters and RFP comparisons, the process was taking 2 to 3 days, starting from printing, manually signing it, scanning till sending back.

Kalpataru’s objective was to tackle this situation in order to save time as well as people’s efforts associated with that.

eSignature solution that works exactly how you need it

MSB Docs enables businesses of all kinds to adapt seamless, error-free workflows.

The Solution

MSB docs aimed to solve all the challenges faced. First of all, all the physical documents were transformed into digital ones. Being digitally available, they can now be signed using the MSB Docs application. So, the wet signatures were now turned into e-signatures which is indeed a better and more suitable option for getting signatures done. This simple process availed by MSB Docs has got down the back and forth of documents to zero, along with the benefits of 24 hours accessibility of signing and reminders for the same.

Thus, all the objectives specified by Kalpataru were met effectively by MSB docs.

For instance, the appointment letters now just need to get uploaded on the software, get signed and sent. And in case of RFP comparison also, the process is now as simple as uploading the document on software, getting it signed by 3 people and having the audit trail.

To conclude, the process now needs just a few hours or a day that manually needed 2 to 3 days for the same process.

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