Electronic Signatures In Industry

Digital signatures have been widely accepted globally for over two decades now. An unprecedented pandemic followed by crippling lockdowns further accelerated the adaptation of electronically signed documents for business, government, and individual usage worldwide. The global market for digital signatures is projected to reach a size of US$13.9 Billion by 2027. Although, evidently, there is an upward trend in  t he use of digital signatures for everyday operations, there are still several myths that circle this technology. A large portion of global business sections is apprehensive about the security and legal validation of digital signatures. According to a Research Survey conducted by airSlate, a little over one-third of their survey group had concerns regarding privacy and legality. Digital Signatures — 4 Myth Busting Facts Myth: Digital signatures are not legally binding. Fact: Digital signatures enjoy the same legal status as traditional wet-ink signatures. If consent and inte...

 With the implementation of electronic signature solutions into the real estate business, more deals and contracts are being conducted than ever before and are unstoppable now. The increased use of digital signatures eliminates fraud, growing business focus towards reducing manual paperwork, increasing ROI, enhancing data integrity, scalability, and transparency. As paper contracts and wet signatures look progressively archaic, especially in the growing world of digitization, the need for adopting electronic signatures is steadily increasing for the real estate industry. Implementing an electronic signature solution gives clients an excellent customer experience and improves the turnaround time for documentation. Convincing your clients of this, however, is a whole different ball game. Here are a few practices you can put in action at your real-estate firm to give your clientele the assurances they need. 1. Discuss the basics of how electronic signatures work and how it is...

  With the rapid adoption of digitalization, more and more businesses and organizations are fully embracing digital transformation and technologies as the world continues to plow through the COVID-19 pandemic. Everyone is trying to stay ahead of the game by opting for digital solutions that are simple yet effective. In recent years, the Philippines’ economy has made s t ride in delivering inclusive growth. As a result, poverty fell from 23.3% in 2015 to 16.6% in 2016. However, the impact of COVID-19 has stalled this upward trend with negative assumptions for poverty mitigation in the Philippines. Nevertheless, resuming growth and evolving digitization may reverse this negative trend once more. Digital transformation plays a key role for most companies, and digital signatures are one area that presents an opportunity to push this strategy. Even today, unfortunately, countless man hours are wasted in chasing signatures and approvals and printing, scanning, and e-mailing documents. Th...