10 Uses of Electronic Signatures in Small Business

10 Uses of Electronic Signatures in Small Business

Small businesses are a new place where "time is money" has a new meaning. Every transaction is important, every dollar is counted, and every relationship is valuable.

 It is essential that managers and owners of small businesses have the tools they need to streamline their operations and maximize their efforts.

Small business owners increasingly use electronic signatures to speed up and save time. We'll be looking at 10 different ways small businesses use electronic signatures to get things done faster and more efficiently.

Customer Intake forms: No matter what industry you are in, setting up new customers is essential to any small business. Managers and employees can easily and quickly complete paperwork for new clients using electronic signatures. This allows for efficient and fast customer growth. Customers can sign and email digital forms from any location.

Purchase Orders Managers and owners of small businesses can use electronic signatures to approve and buy the supplies they require from vendors. It is possible to quickly generate digital purchase orders with all the required information, including payment details. These can then be sent quickly between the supplier and purchaser securely and easily.

Non-Disclosure Agreements: Nondisclosure Agreements (NDAs) are common legal forms that small businesses and individuals use to communicate with each other. NDAs are essential agreements that protect certain information between parties. It is important to complete NDAs quickly as they are an essential step before moving forward with any arrangements. Both parties can digitally sign NDAs using electronic signatures. This allows for quick completion and storage for future reference.

Employment contracts: Electronic signatures make it easier to hire new employees or contractors. Employers can quickly email updated or new employment contracts to their employees and get the completed paperwork back in a matter of seconds. Human resources managers can view detailed audit trails to see which stage the contracts are at.

Legal agreements: Small businesses can create and sign court-admissible legal documents between them as they need. Electronic signatures can be legally binding in many cases. They allow owners and managers to easily enact agreements such as a letter of intent, loan contracts, real estate contracts, and terms of agreements.

Sales Orders Small businesses can use electronic signatures to streamline their sales processes and speed up the completion of sales orders. This will help them grow their client base and profit. Customers can easily sign and approve purchases from anywhere and on any device.

Tax Filings Timely tax filing is a crucial schedule that small business accounting departments must keep up with. This software tool is an invaluable asset to accountants who need to ensure that everything is filed on time.

HIPAA Privacy forms: Small private healthcare practices must ensure that HIPAA privacy rules are followed. This is not only for patients but also for themselves. Esignly is an electronic signature tool that allows healthcare professionals and physicians to quickly gather HIPAA privacy forms and other important documents. Patients can also confidently give their personal health information (PHI), knowing that it will remain safe and secure.

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Financial forms: For small business owners looking for financing or customers looking to sign new financial contracts, electronic signatures allow them to quickly and easily complete financial forms while adhering to all FINRA regulations.

Compliance forms: Keeping in compliance with industry regulations is a key component of small businesses' day-to-day operations. Companies can use electronic signature software such as Esignly to ensure compliance with regulations such as ESIGNLY and UETA, HIPAA, and FINRA.

Using Esignly for Small Businesses

Small businesses can choose Esignly to put a powerful tool in their pocket. Esignly' electronic signature software allows businesses to simplify their processes and maximize profitability.

Hence, Esignly is being chosen by more small businesses than ever before.

  • Esignly offers cost-effective signing solutions that won’t break the bank.
  • Esignly is fully ESIGNLY, UETA and compliant, and SOC2 Type 2 compliant. We also offer compliance support for many industry regulations, including FINRA, FERPA, and HIPAA, 21 CFR Part 11, and more.
  • Esignly makes sure all documents are protected with dynamic encryption and cloud servers in US data centers.
  • Esignly allows companies to conduct business in. It provides a user interface that is workflow-based and easy to use, which allows for more personalized experiences.
  • EsignlyGeenie is a tool that allows for easy and quick template creation. Users can also access a growing collection of premade templates.
  • Esignly provides support for customers based on their schedule, with experts available 24 hours a day via chat, phone, and email.