AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
April 2024
Categories |
Back to Blog
Picture this: there’s an important deal about to be finalized, and all that’s left to do is collect signatures. It’s been a slog pushing this one to the finish line and you’re eager to wrap it up. But, as the days drag on, your client still hasn’t booked a meeting time to sign the paper documents. Their busy schedule is wreaking havoc on your workflow. Sound familiar? It might be time for you to consider the benefits of electronic signatures. Electronic signatures are fast, secure, and easy. Curious to learn more? Let’s take a look. Jump to:
What is an electronic signature?Electronic signatures allow you to sign a document online without having to physically be present to give your “wet signature” (handwritten signature, ink-on-paper). Electronic documents can be signed remotely from a computer or mobile device and then sent securely and directly to other stakeholders to sign or review. It’s a paperless option that can improve turnaround times and enhance workflow efficiency by cutting down on the need for in-person meetings. Saves paper too! electronic signature benefitsThere are many advantages of electronic signatures as compared to handwritten signatures. Let’s take a look at what I consider to be the 6 biggest benefits: All signers are able to see who has signed, and to instantly receive signed copies of important documents once they’ve been completed by all relevant parties. Most electronic signature solutions will also store signed documents for archiving purposes, making them easy to locate later on. How do electronic signatures work?Electronic signatures assist in contract management by authenticating, tracking, and storing signer information. They act just like a handwritten signature and are unique to each signatory party. Signers can choose to use a stylus to create their electronic signature or adopt a typed signature. Typically at the outset of the document, the signer would choose which option they prefer and adopt it for the remainder of the document. Are electronic signatures legal?Electronic signatures are legal and recognized by many regulatory compliance guidelines, including the electronic Identification, Authentication, and trust Services (eIDAS) regulation in the EU, and the Uniform Electronic Transactions Act (UETA) in the United States.
Regulations on signatures change based on geographic location, and, sometimes, even within a country the requirements will be different depending on the state or province within which you’re operating. It’s best to check that your specific circumstance falls within the regulatory compliance guidelines before choosing to adopt an electronic signature process. Electronic signature softwareTo complete documentation with secure electronic signatures, you’ll need to choose a software solution. There’s an extensive list of service providers available, and each have their own unique benefits. In general, I’d advise that you look for e-signature software that contains some of these key features: When choosing a solution, it’s best to look for a platform that offers a free trial. This way you can test the functionality to ensure that it works for your specific business needs, and that it integrates with some of the existing platforms your team currently uses. Learn more about document managementChoosing the right e-signature software to suit your business needs takes time and consideration. To learn more about what’s available, check out our article, “10 Best Electronic Signature Software for Digital Sign-Off”. The post Forget Your Pen! Check Out These 6 Electronic Signature Benefits appeared first on People Managing People. via People Managing People https://ift.tt/faEJzCS
0 Comments
Read More
Leave a Reply. |