Guide to choose a technology provider with innovative solutions.

(Estimated reading time: 5 min)

Are you an entrepreneur of a startup or looking to improve your company? Learn if you're ready to contract with technology providers and why a purchasing management plan can help you solve problems.

As we have seen, technologies change the way you acquire customers, so it is essential to keep up to date. In the year 2020, digital payment methods accounted for 75% of traditional and digital business transactions.

What comes after this scenario? Whether you want to acquire software to innovate your services or you are looking for a provider, here we tell you the requirements that technology providers must meet to invest in the coming years.

  1. Define the objective you want to achieve

    Once you've identified an opportunity to resolve a problem, ask yourself if the provider meets your goals and how you will use the products or services. You may want to address the following:

    • Offer biometric payments.
    • Digitize traditional contracts and legal digital signature.
    • Improve the experience in the validation of official documents.

     

    Maybe you just need to acquire an API/SDK to integrate with business software or you need to create a new system that helps you improve security processes with your customers without overwhelming them.

  2. Review the product catalog

    "If it's not on the Internet, it doesn't exist." These are some of the phrases that emphasize the need for business visibility on the Internet. And having a catalog or website where you can check their offer is essential to make the right decision.

    With the rise of digital transformation, finding the information you need from technology providers is important now more than ever. Check the software suite or kit it has on its official site- Not only can it help you meet an objective, it can also help you promote innovation strategies with its solutions.

    Digital onboarding can also help you get to know the provider. This is an opportunity for you to expose your objectives or if you are a supplier, show your product catalog and the objectives that you can meet.

    "If it's not on the Internet, it doesn't exist." These are some of the phrases that emphasize the need for business visibility on the Internet. And having a catalog or website where you can check their offer is essential to make the right decision.

    With the rise of digital transformation, finding the information you need from technology providers is important now more than ever. Check the software suite or kit it has on its official site- Not only can it help you meet an objective, it can also help you promote innovation strategies with its solutions.

    Digital onboarding can also help you get to know the provider. This is an opportunity for you to expose your objectives or if you are a supplier, show your product catalog and the objectives that you can meet.

  3. Check updated certifications

    In technology, the most important requirement is that technology providers have certifications. This helps build trust and also helps you understand what the expansion of your business can be with respect to the software you are going to acquire. Some international and national certifications on the use of technology are:

    International Organization for Standardization - ISO

    Electronic IDentification, Authentication and trust Services - eIDAS

    Official Mexican Standard - NOM 151

    Make sure that the provider has one of the national or international certifications. The use of personal data, biometric data, digital signatures or validation of documents, is a subject in constant regulation, so it takes into account the security that you can offer to others.

     

  4. Meet customers in the industry

    Learn who the technology provider's customers are and how they solve industry problems with their solutions. This can help you make better decisions against a large list of technology providers.

    Consider that some emerging or disruptive companies have the capacity to serve all industries. Either because the problem they can solve is common, they have regulations that allow safe processes to be carried out, or because their patented technology complies with necessary strategies for the market.

    The cohesion of traditional companies and startups enrich the opportunities to understand experiences but also solutions.

     

  5. Make sure they look for innovation

    Regarding technology and the way of conceptualizing, there is much to say. A concept that was used for something that was just emerging may now no longer fit with the evolution of that invention. So while you wait to hit on the new concept, make sure the company is innovative.

    Not all technology providers maintain high levels of development. Either because they still cover the needs that certain geographical areas require or because in the worst case, it has become obsolete. So a demo of their products and solutions will give you an idea of ​​what they offer, rather than trying to understand the concept.
    Take into account that the technologies that will be trends for the coming years have to do with biometrics, secure remote processes and the technological responsibility that this entails for the demands of users.
    Here are some of the technology providers you won't want to miss:



1. Digital Autograph Signature - FAD®

It is a digital signature software with which you can request autograph signatures digitally. This is that the user only needs a mobile device, access to his email and the tip of his finger to sign a document that is sent remotely. Today FAD® is the most important digital signature provider in Mexico in finance.

Due to its certification, you can obtain legal contracts, zero repudiation and official validity before government institutions. The difference compared to an electronic signature provider is that you do not need extra devices, pads or hardware with secure and practical attributes. Just a personal mobile device!

2. Blockchain® Promissory Note

If you need to request some type of document that commits the user to make a payment and does not repudiate the agreement, this software is for you. It has integration for business software or, you can integrate it to reduce risks and be sure that you have legal support for unexpected cases.

3.Cloud Identity

Do you need to validate the data of an official document? Don't worry, this software has the permissions to access different government databases to validate official documents. It may be that you need to validate information in your hotel, tourism service or make biometric payments, it has the certifications and innovation you need.

4. Remote Onboarding

It is software onboarding processes (software onboarding process). You can meet new customers with a better communication experience, present a product catalog or acquire a new supplier with the closing of a contract.

This KYC software reduces friction and allows you to carry out traditional onboarding in person or 100% digitally remotely. It is one of the KYC software vendors with comprehensive solutions for the entire procurement process.

You already have it! If you want to learn more, we invite you to discover the NA-AT Technologies Suite. A kit of innovative solutions for your digital transformation strategy.