Digital Signature Services
Do you still print out documents, such as invoices and contracts, stuff them carefully into envelopes, and send them on their merry way, waiting patiently for them to get signed, and delivered? If so, you may be behind your time. Have you ever considered digital document signing while on a corporate trip from the convenience of a mobile device?
Thanks to digital signatures and remote signing, you don’t have to sit in agony for your documents to get signed and routed through a closing office.
You may know that against the backdrop of the coronavirus, many international borders continue to have restrictions on travel along with in-country lockdown in order to contain the virus’s spread. This is why business organizations of all sizes and types across the world are now working remotely to fight the pandemic and stay afloat.
Has your company also adopted the work from home model and is facing challenges getting various business documents, such as non-disclosure agreements, signed on time during this health crisis? If so, digital signatures can be very helpful to you in these unprecedented and challenging times.
What is a Digital Signature?
A digital signature, also known as an e-signature, is the modern and convenient alternative to the conventional method of signing documents with pen and paper. Digital signatures use advanced cryptographic techniques.
This is important as it ensures the integrity and authenticity of your digitally signed documents. Did you know that businesses and governments worldwide have been adopting this valuable technology since the early 2000s?
Note that an electronic or digital signature has equal legal value and importance as that of a standard handwritten signature, provided it meets all the requirements of the regulation or law under which it has been created. The great thing is that it is very simple and quick to create a digital signature. Note that once created, you can add an electronic signature to any document.
When we refer to digitally signing documents remotely, it means that you can sign from anywhere. As a result, signatories do not have to be physically present at the same place. There is no doubt that remote signatures help streamline any business process, which was difficult to do in the past.
Benefits of Digital Signatures
Digital signatures are convenient as they simplify business transactions. For example, in the real estate sector, digital signatures and remote signing make it cheaper, easier, and faster for borrowers, sellers, and homebuyers to conduct business, which is excellent.
Remote Signing
You can digitally sign documents yourself from anywhere or collect signatures from anybody from anywhere and at any time. You can use a remote signing service as it provides secure, fast, and flexible electronic signing services on the go. For example, you may digitally sign an offer letter and then send it directly to a candidate using his or her email address.
The candidate can sign and return the letter and other documents remotely without any physical contact, which is convenient.
Reduce Costs
There is no doubt that using a courier or postal service for paper documents is considerably more expensive than using digital signatures on an electronic document.
Fewer Errors and Mistakes than Paper-Based Systems
Note that when it comes to important documents, such as contracts, there is no room for error. You may know that paper-based systems and processes are usually prone to typos and errors, such as signatures in the wrong fields. This can make contract management a hassle.
On the other hand, implementing form automation or contract automation with digital signatures will help lower the risk of errors.