Moreover, for transparency and effective measures, document agreements and contracts need to be protected from threats and attacks from malicious parties. As a business person, you need to protect your customers from threats while maintaining privacy and maximizing your business performance.
An electronic signature is the best in securing your customers personal and financial information. The method is electronic, and therefore, it involves the use of paperless. Notably, the process is not entirely paperless as it means sometimes uses of physical papers.
An electronic signature is a mathematical technique that involves validation and authentication of transactions and messages. Users create an esign by drawing their signatures on a particular device configured for electronic signatures such as Wecom. The signature is therefore used for official purposes as a form of agreement between two or more parties.
There are so many benefits that come with an electronic signature that can help your business enhance its security and maximize performance. One of the top considerations of using e-signature is security and privacy of customers information. The following are some of the benefits that you can gain as a result of using e-signature in your business;
1. Intuitive and simple
The most significant advantage is that esign services are free over the internet as there many tools that you can use. The tools are simple and easy to use. The e-signature services are numerous online, but you need a recommendation on which one to use. The system offers services such as uploading of documents, declaration of recipient and signer, and secure delivery link to the recipient. The process is completed after the recipient receives documents or the contacts and then signs them. The process is as easy as opening and clicking a link.
2. High-level security
E-signatures are more secure than traditional handwritten signatures. The technology mechanism offers validation and authentication through the use of cryptography to allow access to documents by users. They do not only contain the signature, but they do bare other futures such as traceable information of when the document was signed, who signed the document and the place where the document was signed, unlike handwritten signature whose information can be manipulated. These features of electronic signature are much more enforced traditional handwritten signatures.
3. Faster turnaround
The use of technology and convenience of electronics means that there is an excellent turnaround of numbers of users simultaneously unlike traditional way where you need to queue to be attended one by one. Instead of the traditional way of sending document to the users so they can print, sign, scan, and send back again, electronic signatures allows everyone to sign the documents electronically within seconds. This fast electronic turnaround gives business versatility in situations that are time sensitive.
4. Low Cost
Electronic signatures are much more cost effective than transitional handwritten signatures as there is no need for papers and pen. You do not only save on paper, but you also save on the cost of mailing, postage, and time. As you compare the traditional handwritten signatures and e-signature, the amount of time and money cost difference is huge.
5. Time-saving
As they say, time is money. The more time you spent on traditional written signature, the more money you lose. Embracing of e-signature does not require print outs and scanning for agreements between involved parties. Handwritten signatures are time consumers as they involve physical mailing and postage of documents to reach the recipient. However, electronic signatures are a seconds process, and documents and information are transmitted electronically over the Internet. eSignature can help your business avoid the delays caused by transitional handwritten signatures. The turnaround time of e-signature is shortened to 90%, which can help you focus on other business performance maximization.
6. Mobility
The use of technology has helped in the growth of multi-device and multi-location workforce. The embrace of electronic signature in your business is mobile as these tools are free e-signature online. An advantage of free e-signature documents is that they help your business grow as customers can sign documents and contract at any place and time.
7. Paper trail
The process is paperless as management of paper is very tiresome and tedious. Expenditure and time taken to prepares, send, copy, and storing of a paper document in the file are tiresome. There is also a threat of paper getting forged or damaged. However, the use of an electronic signature is very secure, easy, and fast to retrieve. Sending, copying, and storing of esign documents is very secure and comfortable. The documents are assigned a unique IP address, which makes it very easy to trace and retrieve.
The use of electronic signature is the best in securing your customers personal and financial information. The method is electronic, and therefore, it involves the use of paperless. Notably, the process is not entirely paperless as it means sometimes uses of physical papers. The process does not include the use of paper, and there it is not tiresome and tedious as opposed by traditional handwritten signatures.
The use of free e signature software in your business is a technique that involves validation and authentication of transactions and messages. Users create an esign by drawing their signatures on a special device configured for electronic signatures such as Wecom. The signature is therefore used for official purposes as a form of agreement between two or more parties.
The e-signature services are free online, but you need a recommendation on which one to use. The system offers services such as uploading of documents, declaration of recipient and signer, and secure delivery link to the recipient. The process is completed after the recipient receives documents or the contacts and then signs them. Security of your information is very high, and the documents are shared, stored, and retrieved electronically. Paperless is an advantage as there is no use of the traditional handwritten signature. The use of electronic signature can help you maximize your business and secure financial and personal information of your customers.
