Friday 3 November 2017

Sign Contract in Your Business with Electronic Signatures

Contract signing is an integral part of any business’s operations, and yet it is also one of those business processes that often suffer from the bottleneck of taking up too much of time. Imagine you have a sales contract document that you need to get signed from your prospective customer. Unless you are using an e-signature solution that allows you to send a digital copy of the contract, you will be sending a physical copy of the document to your customer. Depending on whether your client is local, national or even international, it can take from days to weeks for the contract to reach your customer.

When the contract document finally does reach your customer, you can expect a delay of few more days as your customer will peruse the document, sign it and send the signed contract back to you. As evident, the simplest task of contract signing has extended over a long stretch. This delay in contract signing causes a ripple effect, further delaying all the decision-making and actions that are supposed to follow the contract signing. Not to mention, this large time gap between the negotiation and contract finalization is dangerous since it may even cause your prospective customer to feel less and less sure about their decision of signing the deal.

Thankfully, with secure electronic signatures now becoming increasingly popular in business use, this waiting time can be cut down from days to just few minutes. Whether you want to send the contract document to 1 person or 10 different persons for signing, you can do it with just a click. On receiving the digital copy of the contract via the e signature software, the person can read and sign the contract document at their own convenience. The entire process of sending, receiving, signing and finalizing the contract improves significantly with electronic signature software solutions, getting completed in just a matter of minutes instead of days.

The signatories of the contract, your clients, employees or business partners, can be right across you in the same room or they can be halfway across the world, electronic signature software can be used in either case.

With electronic signature you not only ramp up the speed at which the contract is signed, thereby reducing the contract turnaround time, but you also get to keep a close eye on the status of your contract. With paper documents, it’s tough to stay updated on who has signed the contract and who hasn’t. But with an e-signature solution, you are in control every step of the way, with full knowledge about which signatories have done the signing and which haven’t.

It’s time you took the complexity out of the contract signing workflow and made it as simple as it’s supposed to be, by partnering up with a good e signature company and implementing electronic signatures for signing all your important contracts.

Original Resource: Make the Contract Signing in Your Business Fast and Efficient with Electronic Signatures

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