Alankit Limited, an integrated service provider known for its cost effective, digital and innovative solutions in the financial services and e-Governance space, today acquired a Digital Signature Certificate (DSC) License; via Verasys Technologies, a subsidiary of Alankit. Alankit now offers online electronic signature service which can be integrated with service delivery applications via an API to facilitate a user to digitally sign a document for numerous authentication and approval purposes.
Alankit’s digital signature system will offer vSign, eSign and enterprise solutions that are 25% to 30% less expensive in comparison to solutions available in the market currently. Not only will the cost benefit be passed on to the end consumer, but the process will be eased out by letting a consumer apply for DSC using Aadhaar authenticated eKYC. An auto generated OTP or biometric confirmation would be enough to verify eKYC information.
DSC has been known to be a faster, economical and an eco-friendly solution, especially beneficial for SMEs/MSMEs. The benefits for this segment include integration with all Alankit’s already existing services, ranging from end to end GST services, to ITR/Tax filing, Aadhaar, PAN, TIN etc. Considering the spectrum of digital solutions that Alankit offers – like eRaahi for Eway bill, Alankit Muneemji and GST Saarthi for compliance, Depository services etc, DSC integration is an added advantage for SMEs/MSMEs that will further ease direct filing, moving them away from traditional pen and paper documentation.
“For any change to reap optimal results, it is necessary for all players to contribute and we at Alankit are doing just that. With proven technology expertise, Alankit is committed to Digital transformation in India. With this license, Alankit aims to utilize and further optimize and increase viability of our franchise network to benefit the end consumer.” – Mr. Ankit Agarwal, Managing Director, Alankit Limited.
Alankit is also offering enterprise solutions to big corporate’s, government organizations and banks for internal functioning and easy use. Alankit DSC is a highly secure solution and it leaves no scope for physical / digital tampering. It allows enterprises whether big or small, a complete solution for taxation, legal and operational compliance – be it tax filing, new company opening or document/payment authorization. Usually processes that require mandatory signatures can take up to 2-3 weeks, even longer if the stakeholders are in different geographies. With Alankit DSC, the process can be completed within a day or two.
India as a country is going through a major transformation- right from the biggest tax reform, to stepping into a completely digital age. This paradigm shift will take some time and effort, and there will be roadblocks which we, as a nation, need to overcome. But the final prize is within our reach and it will define the way the world looks at our nation.