Your contract needs to be signed today. You can email it to the contractor and ask them to take the printout, scan and email it back to you. The task will get completed, but it may demand a little extra time. Have you ever thought of making it fast by incorporating electronic signature into your business activities?
In today’s market space, businesses are involved in the day to day transactions. To eliminate any chances of delay in your business transactions, and experience any loss, e-signatures play a vital role. This convenient option is as legal as your traditional signature modes and also eliminates the hassle of any scanning or printing.
Read on to learn how to manage the hassles of your business and keep your documents safe and secure with electronic signatures.
Sign Documents from Anywhere
It does not matter in which part of the world you are; e-signature gives you the benefit of signing your documents from any location. Even if you are in the remote areas of the world, the facility of the digital signature is also beneficial at that time.
Here all you want is an active internet connection and laptop or smartphone. Apart from streamlining your work process, it also boosts your business efficiency and productivity. Timely signatures also saves you from observing any financial loses or delays too.
The documents with e-signatures hold the same legal status as your handwritten signatures. It saves your business from reducing the costs associated with the hard copy contracts.
Save Your Time and Speeds up the Process
Signing the documents physically, demands time, as it is a very long process. As discussed above, you need to print your documents, get them signed, and then scan them to send it back to the recipient. Imagine while signing the papers if the person misses signing the documents at one or two places, then what? You need to repeat the entire process. How time-consuming is that?
Here to reduce this time wastage, e-signature is the best solution. Apart from lowering the paper cost, it saves your massive amount of time. When such a vast time is saved, your business can concentrate more on other activities. All this will help in driving more revenue and improving your work efficiency.
High Security
Security is vital in any of the legal documents. Do you think when you eSign documents, the safety of the documents is at risk at that time? We want to add here that documents signed with electronic signatures are as secure as you think are your paper-pen signatures. However, if we say here that these are more secure, it won’t be wrong either. When you eSign documents, all the real-time updates are tracked on them. From the time and date of opening the record to signing it, several viewers who have seen it, edit it, everything can be traced.
Moreover, the document won’t get saved if it misses any one of the mandatory places. This again saves your time and improves customer experiences.
Increases Profits
Time is money in business. But do you think if your productivity increases, it increases your profits too? Not necessary! But with electronic signatures, profits can increase. Apart from reducing the turnaround time of multiple processes, it reduces the costs associated with various inventories too. As digital signatures help you save massive capital, it boosts profits too.
Convenient
Do you often find handling bundles and piles of paper a tiresome job? Well, yes, it is a challenging task. From sending documents to copying and storing them, then preventing them from any damage, you need to take care of all. But all this can be avoided with the electronic signatures.
Moreover, the facility of tracking all the details like time of document signing, IP address used, etc. also adds convenience.
There are many online fillable forms available for the different type of process and eSigned your documents online like blank w9 form online and more, which helps users complete the documents signing process quickly.
Environmental-friendly
Do you know even in the production of the crispest A4 pulp paper, 20 liters water is consumed. Now you can imagine how much natural resources you are consuming if you prefer going with the paper-pen mode of signing documents. If you want to contribute from your side to save the environment, then adopting digital signatures is the ideal. It reduces paperwork, saves paper and trees, and reduces greenhouse gas emissions to the environment.
High Customer Satisfaction
Keeping clients happy in business is necessary. You can achieve it easily digitally. E-signatures have observed a gradual increase from 2012 to 2017, and it keeps on growing. In 2014 alone, 210 million transactions are done with electronic signatures. Such an alarming rise is because of increased customer satisfaction.
When you adopt digital signatures to sign documents online, irrespective of your location and distance, you can instantly share the documents with your clients. The deal can be done within minutes. As the process removes any hassles and is the safest, so it keeps clients happy too. The more the clients are satisfied, the more profitable it is for your business.
Up-to-Date Record
In business, you need to keep your record updated to save your business from any legal actions or penalties. But with traditional paper signature ways, chances of human errors and missing deadlines are more.
Electronic signatures won’t leave any such chance. It automatically updates the document and stores the edits at the same time when any changes are made.
Closing Words
You can achieve new heights in the business by including new developments in it. An electronic signature is one such thing. As the economy is necessary for the growth of your business, start investing in technologies like electronic signatures.
If you have still not adopted the electronic signatures mode, it is high time to switch. The method of digital signing the documents has become a norm now. So, they won’t even feel reluctant when they eSign documents.
Go ahead, adopt the method of electronic signatures and focus more on making other things better for your business.
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