Every modern company should always be looking
for ways to improve by upgrading its technological resources as technology advances.
E-signatures are an innovation that is being adopted by businesses and
companies all across the globe. Let’s look at how e-signatures can help a company change its vision and why the uptake of
this technology is something to look forward to.
What
Is An E-Signature Exactly?
If you’re not already familiar with an
e-signature, we’ll go over a concise explanation of what it is and how it
works.
Like everything in the online tech world, the
“E” represents “electronic”. So an e-signature is simply an electronic form of
signature instead of physically putting pen to paper; which in the fast-paced world of the internet is pretty
much old school.
With transactions taking place globally and in real-time, having to wait on a physical
signature just isn’t practical these days, so electronic signatures are the
solution to speeding up the process.
With
e-signatures, the signatory signs a digital document, which can then be emailed (or texted) back to
the sender. E-signatures are safe, secure, encrypted and lightning-fast.
They are the way of the
future and very soon most businesses will be using e-signatures at least some
of the time.
Companies
Can Envision a Speedier Process
We live in a “now” generation. Everything is
expected to be delivered at a faster and faster pace, particularly if the
internet is involved. Many business documents these days are electronic
already, so it only makes sense that there should be a valid and secure way to
sign them electronically as well.
Being able to send an electronic document
instantly to the recipient is one thing, but if you then have to wait for that
person to print the document, sign it with a pen, scan the document and then
either email or fax it back takes time.
An e-signature is so much faster, more practical
and streamlined. Recipients
can even sign on their mobile phone and return the signed document almost
immediately.
This expediency enables your business to run
more efficiently and deliver results and outcomes at a much faster pace.
Improve
Your Interactions With Customers/Clients
Any way that your interactions and relationships
with your valued customers can be improved is always a step in the right
direction. Not only does it help to cement customer retention, but it can also
lead to your customers recommending others to your business.
E-signatures is one very current and modern way
to improve your dealings with your clientele. Remember, whatever saves you and
your business time also does the same for your customers. They don’t want to
waste time printing documents, signing them, scanning them and so on. As
convenient as you can make the process, the better it is for everyone involved.
Adopting e-signatures will lead to your company
being recognised as a high tech business operating on the cutting edge. You’ll
become known for fast and efficient services, and this will very likely attract
new business to your doorstep.
Saving
Time Saves Money
Simply switching from handwritten signatures to e-signatures might sound like a relatively small thing, but it will
actually save you a lot of time in the long run, and we all know that time is
money.
The less time your staff have to spend on
getting documents signed is more time they can put to good use elsewhere in
your business.
While it’s great having electronic documents in
place within your business system, the advantages of this process are hampered
if you still have to attain physical signatures from people. E-Signatures
complete the digital document cycle and should really be adopted by all
businesses going forward.
E-Signatures
Are Versatile
They can be used for the signing of practically
any type of document – such as contracts, forms, agreements – and they have a
place in all industries. This includes the legal field, finance, healthcare, as
well as government departments.
In the medical profession, e-signatures can even
help save lives, by speeding up the consent process for emergency surgery
procedures and similar scenarios.
Whichever way you look at it, e-signatures can
only prove to be a positive asset to any business that decides to adopt them.