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TechEngage » Noteworthy

The advantages and benefits of electronic signature

Jazib Zaman Follow Jazib Zaman on Twitter Updated: March 7, 2020

digital signatures
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Do you think you waste too much time signing papers or documents? People format a document, print it, sign it, and scan it into the computer. It takes both your time and money.

In the digital age, there are many new inventions, just as electronic signatures. For example, e-signing let users sign documents in seconds.

Many tools are available on the internet; these tools allow you to sign your documents in seconds and save your documents and give you quick access whenever you want.

Now the business world also acknowledges the advantages of these techniques for digital signatures. It is the most comfortable and effective way to sign online agreements and transactions. Electronic signatures prevent unnecessary delays in posting the documents to other parties. Also, it is a secure way to sign documents because traditional signatures can be forged or copied.

Benefits of E-Signatures

  • Consume less time
  • Economic savings
  • Enhance security
  • Legal value
  • Quick and faster service

Consume less time

Electronic Signature reduces the time required to obtain signed documents. Traditionally signed documents process takes five to six days, but on the other hand, E-sign takes five to six minutes to receive signed copies. In addition, it is a stress-free sign process and sends reminders to signers.

Also read: Spending time with your phone may not be as bad as previously thought.

Economic savings

Indeed, companies that are using electronic Signatures don’t only save their time but money too.

Here is a comparison coast of both the traditional and modern process of signing.

Traditional Process: Suppose 400 documents of two pages each, is a total of eight hundred pages, and a bundle of thousand sheets costs 9$, plus toner and shipping costs.

Electronic Signature: this process does not hold shipment, paper, or toner charges. It allows you to send unlimited documents to sign in a fixed amount.

Enhance security

Online signature tools help you to protect your private and legal documents. These tools don’t allow anyone to enter your records. No one can copy your Signature. It alerts the original owner if anyone tries to break the security system or wants to check documents without your permission.

Also read: How to use old phones/tablets to increase home security

Legal value

Most people ask about the legal value of this invention. Now these days, people feel more comfortable with an electronic signature. However, some are still reluctant and question its validity and the ability to use it as proof if, for any reason, they require signed documents to be used in a legal context. Nevertheless, this new invention also works in government offices, and they use E-signature for legal documents without hesitation.

Quick and faster service

Electronic Signature provides a fast service to its user in their business. This tool allows us to sign documents in seconds and also enables us to send the signed papers to another party. It does not need any post office or envelopes with stamps and addresses. Instead, you have to add the email id of another signer, and he will be able to sign your documents without any hindrance.

Now it’s time to quit your traditional ink pen signature method. With the electronic Signature, you can sign your papers online. It cuts down turnaround time by more than 80%. In addition, e-signature sends online documents even before the ink has dried on the page.

This post was originally published on June 30, 2019 and was updated on March 7, 2020.

Filed Under: Noteworthy Tagged With: Digital Signatures, Electronic Signatures

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About Jazib Zaman

CEO & Tech writer @TechEngage. Exploring Technology is my passion. I specialize in simplifying technologies for the betterment of humanity.

Reader Interactions

Join the Discussion
  1. paula Williams says

    May 18, 2021

    Countries around the world have been introducing legislation relating to electronic signatures at an ever-increasing rate. The United States passed The Electronic Signatures in Global and National Commerce Act and the European Union established eIDAS (electronic IDentification, Authentication, and trust Services).

    Reply
  2. Paula Williams says

    June 29, 2022

    The information you’ve shared in this blog is purely remarkable. Thanks for sharing with us.

    Reply
    • Jazib Zaman says

      March 6, 2023

      Thank you Paula

      Reply

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