Electronic Signatures In Industry

2021 has been another year of remote work, paranoia, and even more uncertainty than what we observed at the beginning of this pandemic. With social distancing a way of life now, our days are littered with video calls, chats, and Insta Reels! It’s not surprising, then, that this age will also be known as the year people said goodbye to the age-old practice of signing documents by hand. Electronic signatures, take a bow! Even though e-signatures have been around for decades, their popularity has only shot up a couple of years before the pandemic hit. Undoubtedly, the coronavirus, the subsequent norms regarding remote work, and the need to reduce in-person interactions catapulted this digital trend which has almost completely replaced traditional handwritten signatures. Consider the Benefits of E-Signing Are you not tuned in yet? Here’s how it goes: Once all the recipients digitally sign a contract, the document is sealed through cryptography, making tampering impossible. It then gets sav...

 Electronic signatures have replaced conventional methods of authorizing documents. Businesses and individuals alike find this method easier, faster, practical, and even cost-effective. In addition, instead of commuting several times for documentation, it is convenient to send a file online and receive it without any physical contact with others, making e-signing a safer, contactless alternative. E-Signing Workflow by DrySign: The process is straightforward. You first upload the document that needs attestation. Then, create a signature by typing, drawing, or uploading an image of your handwritten signature. You then send it to the other parties for attestation. Finally, you can invite them to e-sign, and as they respond, you shall receive your electronically signed documents accessible on a cloud. This process is quite forthright. The incorporation of Reinforced Security: Digital signatures use Public Key Infrastructure technology (PKI) to validate a signer’s ...

“A penny saved is a penny earned.” - Benjamin Franklin Setting up a business is tough and challenging; keeping it running is even tougher! In today’s competitive world, the primary goal of every business owner is to build a profitable business. However, the income from a business is not under control; that’s where two crucial steps come in – increasing sales and saving money. With all of the documents that flow through a business on any given day, the task of handling paper documents can be mind-boggling. Not to mention the never-ending process of signing, sending, and receiving documents, right from agreements and employment contracts, to invoices, sale sheets, etc. Therefore, dealing with paper-based processes in this day and age can be a major setback for businesses. Besides being time-consuming, tedious, inefficient, and prone to errors, in the long run, paper-based processes can also cut into a company’s budget, considering the costs associated with storage, infrastructure, scanni...

  Advancements in technologies are changing the way we do business. Digitization brings multiple opportunities to build new industries and devise new ways to deliver better services through digital trade. One such innovation that has come to the forefront in recent years in electronic signatures — an essential ally for business survival in this fast-changing and precarious world of the digital economy.   Digital signatures   are the encryption technology used to implement electronic signatures The COVID-19 pandemic was an   accelerator for digital services and has transformed organizational processes. Electronic signature solutions are helping organizations move towards an efficient and clutter-free paperless future. We say paperless because, even in organizations that are in the heart of the digital economy, signing a contract or an agreement was and is still largely done physically. One can say that the reason for this is the sentimentality and finality attached to...

  In cognizance of the current times and the ever-changing market dynamics, businesses these days are looking for innovative ways to streamline their overall functioning and automate their workflows. With digital transformation on the rise, more and more businesses are moving to the cloud and embracing online, paperless solutions like digital signatures. According to a study, 95% of organizations have already started adopting digital signatures or plan to use electronic signature technology in the near future. Digital signature solutions are not only cost-effective and efficient, but are also sustainable and environment-friendly, helping offices minimize waste and reduce their footprint. We   recommend you quickly read through the following few benefits to understand how digital signatures can power up your business and drive agility, improving overall business efficiency: Low Costs — Traditional, paper-based processes take up a huge chunk of operational budgets. They drain bu...