Businesses Need To Get In Touch With Fingerprint Technology

Fingerprint Technology

We are currently living in a golden age of information, where the world truly is – at our fingertips. However, if that information is not available instantaneously, it may just become lost forever. If you give someone the choice between searching for a piece of information on a smartphone or making the same search on a laptop, they will choose the smartphone. The reason? It’s instant.

The smartphone is ready to use and ready to go immediately, whereas the laptop may take a few seconds, maybe even minutes to load up. Today, individuals increasingly expect easy and instantaneous access to information. There’s even the risk that if a piece of information isn’t easily accessible, people won’t take the time to search for it, which can have particularly damaging repercussions in the business environment.

Consider therefore, rather than providing a mechanism for keeping your device secure, a password login may actually be acting as a hurdle, slowing users down from reaching the material they need to make an informed decision. This is potentially most damaging in the boardroom or meeting environment, where members require the most up to date documents as well as previous versions.

Instead, fingerprint technology, which is built into an app allowing instant access to board papers whilst also providing a secure method of logging in, can increase the timely delivery of all relevant information to facilitate truly informed decision making.

Simply placing a finger on the device so that it can be scanned, allows it to be matched to a pre-loaded image of the user’s finger. Registered members can access relevant information anytime, anywhere. It might sound small, but even reducing the time it takes to log in by a matter of seconds can make the difference between accessing the information you were looking for, or not looking for it at all.

However, this is just the start. Fingerprint technology also has the ability to transform the ‘sign off’ process, allowing actions and decisions to be completed and validated at the touch of a fingerprint. For instance, if a contract needs a signature, rather than having something signed, a simple fingerprint confirmation ensures complete accountability and assurance.

This is a powerful alternative to a signature, which can be hard to validate and can be impersonated. Furthermore, in highly regulated industries such as financial services & pensions, and healthcare, this can be a significant mechanism to ensure directors are fulfilling their job roles, as it provides a complete audit trail.

Organisations should consider harnessing targeted meeting tools with fingerprint technology that provide a fast, consistent way of providing that essential document. A way that enables individuals to access board papers, securely and efficiently from a tablet, iPad or other mobile device, at any time and delivers that information in a structured, ordered format.

Rather than having to log in and trawl through to find the desired information, members can quickly use the real time search to locate relevant documentation and gain the insight required to make a decision immediately – rather than putting it on the back burner for a later date. With pressure on organisations – and boards in particular – to be more responsive and agile, perhaps it’s time for them to get in touch with fingerprint technology.

Alister

Alister Esam qualified as an Actuary in 1997. He spent 10 years with Towers Perrin, consulting around UK and international pension arrangements and working with schemes to manage risk and improve governance practices. In 2001 he helped establish an administration firm specialising in outsourced administration for larger pension schemes, growing the business from four people to 60 over the course of three years. Within both these environments Alister observed the need to improve professionalism of boards in both small and large schemes, so in 2004 he established eShare, to coincide with the establishment of a new UK pensions regulator, and to aid better governance of boards. As the CEO, Alister has continued to grow the business year on year. He now spends most of his time travelling the globe working to improve governance in Australia, Africa, Central Europe and North America giving him a uniquely international angle on governance.

  • John

    fingerprint technology will never take off,nobody wants to store his DNA on a US server,think about it , smart people do!!