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
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.
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).
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Thank you Paula