Although many businesses which hadn’t initially intended to adopt digital technologies were forced to do so in the early days of the COVID-19 pandemic, some of this tech has proved so efficient it’s here to stay for good.
E-signatures, in particular, have seen an accelerated adoption across a range of industries over the past couple of years and are forming part of a global drive to cut down on the reliance of paper-based processes.
Whereas in the past many organisations only used e-signatures for external customers or partner-use cases, like contracts, now even the most reticent are embracing the technology and using it for items which were historically performed in person, such as paperwork for new hiring, customer agreements and financial services documents.
E-signatures provide an easy, and legally binding way to digitally sign and collect signatures from several people no matter where they are based in the world. The great things is that there’s no longer a need to courier papers to a client or lawyer’s premises to get a deal done or sign banking documentation, which makes it a convenient, fast and cost-effective way of conducting business.
According to this article e-signatures have the following advantages over paper-based pen and ink signatures:
In essence, e-signatures are just one more tool in an arsenal of digital technologies that are creating convenience, cutting costs and providing an alternative to paper-based processes.
Contact us today to add electronic signatures to your product offerings.