Benefits of Using Electronic Signature

Electronic signature is defined as any electronic process that signifies the approval to terms or a document that is presented in an electronic format. They usually have an added advantage as they ensures the maintenance of integrity in the signed document, which signifies that the signer of the document cannot renege on the agreement by purporting that they did no sign the document. E-signature ensures that the signed document is not altered. Electronic signatures are a blend of technologies and methodologies. They contain an 'I agree' button which is found in the click-thru agreement, which then goes to the electronic tablet whose work is to accept an e signature (also referred to as the handwritten signature), and finally to the digital signature that usually has a tied up digital ID.

Electronic signature can be used internally for approval purposes in issues such as taking time off, in documenting formal documents and making requests. They also apply in account opening in a bank or any other establishment. Electronic signature plays a pivotal role in signing documents pertaining to critical infrastructure and planning processes. Each and every country has a mandate to ensure that its image and reputation is enhanced and for this reason, Electronic signature can be used to achieve this end through the protection of its electronic documents. This is through the certification of authorship, integrity as well as the status of such a document.

There are reasons why an organization would prefer to use an e-signature. These include ensuring that there is efficient workflow because it is much easier and faster for one to use a password in routing a document than using courier for the same. It also saves time because there is massive elimination of paper and printing. Document integrity is maintained even when it is available online because there are no alteration that can be made, something which of great significance in maintaining the integrity and reputation of an organization.

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.

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.