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Why should Firms Opt for E-Signatures?

By CIO Applications| Tuesday, December 24, 2019
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E-Signature technology has the potential to add value to digital transformation journeys that companies are undertaking.

FREMONT, CA: In the age of digitalization, even small changes can prove to be major factors. Introducing the facility of electronic signatures or e-signatures is advantageous for organizations from several perspectives. Signatures have always played an integral role in the business ecosystem. Even today, signatures are essential at every step. However, business models have evolved, and companies are operating through advanced networks of connectivity. Be it, business partners or clients, companies are completing deals remotely. Many vital processes are internet-based now. Even documentation has become electronic. In such a scenario, there are many incentives for businesses to adopt e-signature. The following list contains some of them.

Saving Time and Paper

E-Signatures are a valuable addition to digital capabilities. With e-signature solutions, companies can eliminate the use of paper. The growing focus and awareness regarding sustainability is making it imperative for businesses to minimize the use of paper in the documentation, and e-signature adoption contributes to the cause. Similarly, technology is also helpful in saving time. The traditional process of manual signatures takes a lot of time since it involves printing, scanning, and posting. With e-signature, businesses can simply process signatures and get the work done within moments.

Streamlining Document Sharing

With e-signature apps, the process of getting signatures and sending over the documents to relevant parties becomes significantly convenient. One can easily retrieve documents and share it with employees or customers. This enhances overall productivity by reducing the burden of manually sharing signed documents. The template features available in e-signature apps are also effective in minimizing repetitive tasks.

Improving Security and Customer Experience

The swiftness that comes with e-signature leads to better customer experience. The hassles associated with getting customers to sign the documents physically can be disadvantageous. By using e-signatures, companies can better business success as convenience is appealing for customers. When it comes to securing documents as well, e-signature allows encryption and, thus, is highly recommended.

With such properties, it is apparent that e-signature can give businesses definite advantages.

See Also: Top Digital Experience Tech Companies

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