Ever since the E-Sign Act was passed, many businesses and individuals have turned to electronic signatures. Let’s explore some electronic signatures benefits, and how they can help your business, too.
If you are considering e-signatures for your business needs, this technology is sure to make your business operate more efficiently and make your life easier. Here are some of the things that you will quickly learn for yourself as you begin using electronic signatures.
Electronic signature can allow your office to go paperless. Documents requiring signature are one of the few reasons businesses still have printers and fax machines. What’s the need for paper when signatures can be obtained online? This is not only environmentally friendly, but will also help keep the office better organized and provide a more inviting work environment for you and your employees.
You will save lots of time by using electronic signatures. How? Your deals and transactions will be almost instantaneous, completed with just a click or two of the mouse. You will also save the money that is currently spent on paper, ink, envelopes, stamps, and all the supplies need for printing and mailing contracts and other documents. More important areas of the business can then receive more attention, thus increasing your revenue.
Likewise, if you are the customer who is signing a contract, electronic signatures will save you the time and frustration of signing a contract and looking around for a fax machine or stamp to return the signed contract.
Electronic signatures offer a greater sense of security to both parties in an agreement, as most electronic signature providers allow the parties involved to store and view the contract and associated audit and authentication data in a secure online archive. This also eliminates the risk of losing important records and paperwork through misplacement.
Based on these benefits, it is no surprise to see a majority of businesses implementing electronic signatures. In the near future, most businesses that are still doing things the old way will join the paperless revolution. Maintain your competitiveness, and don’t be the last one to make the change!