Thanks to the implementation of the ESIGN act, the use of eSignatures by individuals as well as businesses has become a lot more common all over the world. eSignatures are useful in a wide variety of ways, particularly now that many application and software providers have integrated them into their own systems. As a means of document signing for authenticating and verifying electronic information, they are increasingly becoming a standard requirement in many companies that are going paperless.
Key Advantages
The capabilities that eSignatures provide as well as their potential future functionalities, open up several key advantages for a lot of people. The ability to save time is one of their primary benefits. Many businesses invest in eSignature services mainly because of this, as the time they save can potentially lead to more profits. This makes eSignatures a worthy investment for many businesses.
Cutting the amount of time for document processing and signing gives you the flexibility to perform other tasks within the day. This can result in a huge productivity boost. You can also save a lot of money by using eSignatures for document and contract signing in the cloud. Going paperless with certain tasks of the office can surely save you a lot of money and allows you to allocate your budget for other areas.
Benefits for Clients
Companies and businesses aren’t the only ones that get to experience these benefits. Clients of these businesses also experience several advantages out of using eSignatures. Since there is a wide range of things consumers can do with eSignatures, they can be really helpful in completing everyday tasks.
Managing Transactions
Clients can easily manage transactions from their end by simply using eSignatures. They no longer have to make their way to certain places to get what they need. There was a time when customers had no choice but to be physically present in order to view items or properties or attend meetings for transactions. Now thanks to eSignatures, they can manage all transactions digitally.
Viewing Electronic Paper Trail
Apart from basic document signing, many eSignature vendors collaborate with other application vendors to allow consumers to digitally view the entire electronic paper trail. This is a great advantage that consumers can get from using eSignatures. Being able to track everything that’s going on provides the feeling of security and gives people more confidence in the capabilities of eSignature software.
Convenience
Handling simple bookings and transactions via electronic signatures is also easier for many consumers. For instance, verifying travel services can be done digitally, hence giving consumers more convenience and flexibility.
The Bottom Line
It has been proven time and time again that eSignatures can offer many benefits not just for vendors and companies, but for clients as well. This is essentially why more people are signing up with electronic signature vendors. They know that they can greatly benefit from the growing list of advantages that this technology provides.