Signing a number of papers/documents daily & keeping a track of the daily is a chore. But multiply that by 500 workers in the company, or 1000, or 20000, and managing the paper becomes more than a chore. Some corporate would say it's become a nightmare. Well, the nightmare is getting worse.
A deluge of regulations is raining down on the corporate. Security issues are driving legislative mandates to legalize the usage of Digital Signatures. The digital signature makes the transaction legally binding. No one can argue about the terms of the transaction after they have digitally signed an agreement on that transaction; the transaction is legally binding. Criminals won't be tempted to try you after being required to make a signed agreement of the terms of sale.
Why give away the evidence that could lead to their prosecution, when there are thousands of other e-merchants out there that don't require this signatory step. You will also develop credibility with your bank. They will appreciate that you always have the appropriate documentation to resolve any disputes. They will come to trust you as a reliable merchant and will look at future disagreements in your favor. You'll never again be held hostage to the currently unreasonable state of business affairs on the Internet. By raising your e-business to the same standards of agreements used in all legal contracts, you'll be safe from fraud.
As we look to the future, the concept of digital signature is catching on within the government; banks and telecom industries are quite real and inevitable. After all, even five or ten years ago, we would never have thought of using a digital signature to pay our bills, but today many people pay the majority of their bills online using either a standard electronic signature or the more secure digital signature. The idea of digital signatures is getting bigger. This is because there are many transactions that will happen online and each company has to be prepared to figure out how to handle these without, making any legal problems.
As a consumer, you have to be sure you are reading everything completely and that you are making sure you are taking every chance to read the information before you click anything. If you are on the other end, you must be sure that you are obtaining digital digitized signatures this is the most legal way possible to do an e-contract. Allow yourself to be one of the first companies to experience the value of legally binding digital signatures with the help of eSignly Electronic Signing Components.