Showing posts with label applications of electronic signatures. Show all posts
Showing posts with label applications of electronic signatures. Show all posts

Friday, 3 November 2017

Every Government Organization Switch to Electronic Signatures?


Government agencies often struggle with the issues of productivity, transparency, prompt citizen service and security. It gets hard to strike a balance between all these aspects. But with e-signature solutions, government organizations can improve their chances on streamlining their operations on all these fronts.

What is usually the cause of inefficiencies in government operations? It’s the conventional, cumbersome, paper-based processes and workflows. These play a major role in hampering the efficiency levels of government officials. Bound by the limitations of these processes and workflows, they are unable to improve on the way they operate and serve the citizens. Entailing the same old paper-based documents and signatures, the traditional government operations leave little scope for increasing time and cost efficiency.

Esign solutions can be seen as a way of bringing about significant digital transformation in the outdated governmental workflows. This type of digital reform not only maximizes the organization’s productivity, but also lends an extra hand to maintaining the security and integrity of the important operations.

For example, government organizations have to deal with various agreement and approval documents on a daily basis. Processing these documents via paperwork makes the process more time and energy consuming than it should be. Electronic signature, on the other hand, provides a simpler and faster way to complete these processes. Using e-sign solutions, government officials can exchange the documents, sign the documents and finalize the decision-making process electronically. There is no paperwork involved anywhere slowing down the workflow speed.

And it’s not merely about the enhanced operation speed. With e-signature software, it’s possible to ensure better security and integrity for the information enclosed in the official documents. Additionally, there’s also no risk of losing or misplacing the documents, like there is with the paperwork.

Moreover, secure electronic signatures also make it feasible for a government agency to collaborate with other state, national and even international agencies, if need be. This is so because of the electronic document signing and management feature of the electronic signatures. Since e-signature solutions seamlessly integrate with the existing IT systems, government organizations can easily make them a part of their current technology infrastructure.

Not to mention, all the excessive costs that the organization will be able to save up on with e-sign solutions. Since there will be no paperwork, there will also be no related costs of paper, ink, printing, faxing, scanning, xeroxing, document storage and maintenance, etc.

By helping the government officials process the agreements and approvals at a fast pace, electronic signature software makes it easy for them to attend to the needs of the citizens in a prompt manner, which is ultimately the goal for every government organization.

All in all, esign solutions are a win-win for everybody, the government organizations as well as the citizens, and therefore should be incorporated into governmental work.

Original Resource: Why Should Every Government Organization Switch to Electronic Signatures?


Electronic Signature Has Left A Positive Impact on Business

The face of modern business has vastly changed from before. Clients as well as employees of a business could be spread out across the world, and yet they are able to seamlessly come together and work like one integrated unit. Companies are openly welcoming the use of technology that streamlines their lengthy business workflows. New ways of doing business are rapidly replacing the old ones. Electronic signature software solutions have played an important role in this revolution of business environment. Electronic signature has opened doors to smarter and more efficient way of conducting business for small, medium and large companies.

Here are 7 ways in which e-signature solution has revolutionized the way businesses operate:

1. Increased the Speed of Workflows

Something as simple as signing a contract took up to days and weeks when companies relied on paper-based documents. But e-signature software has made it feasible to complete the process of signing any type of document digitally, thus bringing down the time of days and weeks to just a couple of minutes.

2. Saved Valuable Resources

Paper, pen, xeroxing, scanning, couriering, faxing, storage spaces, etc. are few of the expenses that paper-based documents usually require of a company. But investing in electronic signature software has allowed the companies to do away with these expenses and shift to a more cost-effective signing method.


3. Enhanced Workflow Security

With paper documents a company always struggled with the security challenges like protecting document and signature against any tampering, ensuring integrity of signature, preventing the documents from getting misplaced, etc. Secure electronic signatures have taken away all these security issues and offered a hassle-free, safe and secure way of document signing.

4. Provided Better Document Management

Maintaining physical storage spaces for paper documents has always proved to be a headache for companies. No one likes dealing with a hefty pile of documents and scouring through them every time you need a particular document. E-signature solution has provided efficient way to store, organize and access all documents in single place.

5. Helped Companies Become Eco-friendly

Many companies have identified becoming eco-friendly as one of their objectives and thus contributing to the overall community welfare. E-signature software has proved to a powerful ally in these companies’ endeavors by helping them minimize their paper usage.

6. Promoted Better Customer Relationship

Superior customer experience is a key factor in building long-lasting relationships with customers. Electronic signature software has helped companies provide the same to their customers and win the customers’ confidence in the long run. After all, signing any time, any where, at own convenience is something that any customer would appreciate.

7. Enabled Remote Style of Working

With e-signature it doesn’t matter whether the people are all in the same room or far away from each other in different locations. They can still participate in important business decisions, sign documents from wherever they are and help the business run smoothly.

Original Resource: 7 Ways in Which Electronic Signature Has Left A Positive Impact on Business

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

Wednesday, 25 October 2017

Experience High Level Security By Using Electronic Signatures Solutions




If you are planning to use electronic signature for your business operations, it is natural for you to worry about the security aspects of the same. After all the documents that you will be using the e-signature software for would most likely be sensitive and holding confidential information. Not only you want to protect the security of the contents of the document, you also want the signature to be protected against any unauthorized tampering. The security of an electronic signature is contingent upon the electronic signature software that you are using. So make a well-informed decision when selecting your e-signature software provider.

Since there are a myriad of e-signature solutions available, here are a few parameters that you can test the provider against and decide which one is the most ideal for your purpose:

Your electronic signature provider should offer e-signing technology that adheres to the legal regulations and standards applicable for the electronic records and signatures in your particular location. The electronic signature technology should be in compliance with all such legal directives and guidelines.

Next you should evaluate whether the provider offers the functionality of evidence collection for the entire signing process. If ever you find yourself in a legal dispute regarding the e-signature, you’ll need a well-established evidence trail for the signing transaction to support your case in the court. So always select a provider who offers such feature with their electronic signature software.

Your documents need to be protected at all times, even when they are being stored. Check whether the provider offers a secure infrastructure for document storage or not. A robust and secure infrastructure is crucial to data protection.

Also think along the lines of the type of customer support provided by the electronic signature provider. If you are just beginning to use e-signatures then you might need customer or technical support at any point of time. You may run into issues for which you might require immediate help. A reliable and dedicated customer and technical support is necessary for a good e-signature experience.

Adopting e-signatures in business is a great step towards streamlining operations, reducing overhead costs, and saving time. To enhance your experience, you should select a reliable e-signature software partner who understands your business needs, provides a high level of security for your documents and signatures, and helps you throughout the process of going paperless. That way you can properly focus on your business and leverage the benefits of e-signature with complete assurance about the security.

Original Resource : Does electronic signature offer security?

Saturday, 3 June 2017

Validity Of Electronic Signatures In Legal Departments

Electronic signatures are the new and convenient form of sending and accessing documents or contracts. While this was done in paperwork traditionally, today it is replaced by the electronic medium making use of the internet. Safe, secure, fast and convenient, electronic signature or e-sign solutions are the ideal way to business in the modern era. But are they legal too? So the hold relevance in the court of law or can they be used to bind two parties through a contract?

Well, this all depends on the country where you are conducting your business.

Electronic Signature Solutions in Different Countries
In 27 countries, including that of US, Canada, China, Australia, Russia and those of the European Union, an e-sign is considered legally binding. These can be used to not only close a contract, but can also be used as an evidence in a law court or be used as a valid proof in case of a legal dispute.

Now though these solutions are thoroughly secure, still it is highly necessary that you thoroughly research the use, acceptance and laws related to electronic signatures in your country. If your country hasn’t passed this in the legislation yet, the chances are though high that your electronically signed document will be accepted at many occasions if not most, still it will not be held legally binding in a court. Hence, it is essential to not use an eSignature software blindly and have your lawyer advice you with your country’s specific policies on it before you make use of it.

On the other hand, if your country treats an electronic signature document in the same way as the traditional paper documents then by all means go for it. However, be cautious in choosing the right platform for it to get the most reliable and secure service to safeguard your important business contracts and other documents. It should have a tracker, a strongly woven security system and be convenient too.

Reasons Why Electronic Signature Solutions are Or Can Be Legal
E-sign documents have a very strong and traceable electronic trail behind them which makes for a very robust evidence that can be used in a court of law. Also, owing to its multiple layers of authorization and security, it can only be accessed by the authorized person making for a good legal base.

Conclusion
E-signature software have expanded their use and application in most spheres of the businesses. You can even notarize with the help of e-sign platforms. So, determine the laws in your country to know if they are legally acceptable and make us of the long list of advantages that come tagged along with these solutions. 


Original Resource: Are Electronic Signatures Valid in Legal Contracts?