Benefits of an Electronic Signature to Businesses

In this era of increasing technological advancement, business and individuals are dealing with the massive challenge of online fraud and system hacking. Undoubtedly, these activities are costing them a lot in terms of money lost. The invention and application of the electronic signature came about to reduce these instances of fraud especially in the undertaking of government business and provision of services to the community. The increasing need to communicate over the web, send applications, invoices, debit receipts, confidential emails saw the adoption of electronic signatures as a viable means to keep online business as authentic as possible.

One of the obvious benefits if the electronic signature to businesses is that is reduces fraud substantially. Unlike the hand written signatures the electronic ones are impossible to fake thus an impostor seeking to defraud a business setting is unlikely to do so, unless the business is not correctly armored against internet fraud. It also goes the other way, business is able to raise it authenticity by showing an e-signature in its documents and in its dealings with other individuals or businesses. This is especially true for e-commerce businesses that have an international outlook but do not have physical address. Confidential emails are equally protected in this way from outside security threats. Therefore, businesses that can authenticate themselves in this way are more likely to succeed than those that do not.

The e-signature is also beneficial to businesses that are trying to cut down on printing and mailing costs. With the electronic signatures, the business requires only to make an identification that affirms them as the rightful owners or issuers of particular documents or correspondence. Therefore, the benefits of adopting the electronic signature method of authentication are a double advantage for the overheads and expenses of the businesses as well as its security.

DocuSign is more than just electronic signatures, it's a complete web-based eSign solution working to help you close more business and make more money.