Change The Way You Manage Your Contracts - Go Digital With DrySign!


Would you believe us if we were to tell you that we’d deposit a million bucks into your account if you read this blog in all its entirety? No! Well, what if we promised? Still no, huh? Not even if we promised? Doesn’t that count for something? Hard pass, eh? Sure, that’s hurtful. But, your skepticism is rationally justifiable. How are you expected to believe anything unless some contractual obligation binds it with definite tenure, validity, terms, and conditions? And there are none out here!

A promise is nothing but mere words, but an attested agreement is what binds the participants to the terms. They make promises legal and enforceable. Without a contract, such promises are nothing but tall worthless claims. A contract is what coaxes the promising party or parties to stand by their word and comply. Otherwise, mere words are just fluff without any concrete obligation, aren’t they?

Needless to say, businesses employ contracts for all their transactions. Contract and Agreement documents don’t just bind the promising party to the mentioned task, but they also provide a crucial blueprint with clearly defined roles, responsibilities, expectations, obligations, tenure, validity, terms & conditions, and endpoints, among other criteria concerning a deal.

Also Read: 7 Reasons to Equip Legal Teams with Digital Signatures

Irrespective of your category, as a freelancer, startup, or enterprise, inappropriately handled agreements can expose you and your business to significant risks. Therefore, it is essential to safeguard your interests and optimize the value of every offer and deal. But, this is possible only with reliable documentation technology, such as an e-signature platform. Why and How? We’re glad you asked!

  • It lets you collaborate from anywhere, any time. Electronic signature service platforms allow you to access, create, modify, rectify, attest, verify, and store your agreements with ease through every stage of a deal.
  • Most businesses simultaneously juggle multiple proposals, and keeping track of them can be quite a task. Through secure, centralized, cloud e-signature services, you can say goodbye to an ever-increasing pile of files & documents to easily locate and manage your files instantaneously through a digital medium.
  • With e-signature solutions, you can digitize, integrate, and streamline complex workflows. Electronic signature services allow you to narrow down multiple processes to a mere few. You no longer have to wait for and send agreement documents across with several pit stops. Simply deliver, approve, sign, and seal a document all on one singular platform – easy, isn’t it?
  • Some e-signature service providers allow you to choose and create templates to suit your requirements. Thus, you save much time that would have otherwise been devoted to cumbersome, redundant processes.

There are several stages that a deal goes through. Of course, these may vary by type, organization, and industry. But let's narrow down these processes to a generic classification, and we'll get five crucial phases. So first, let us understand the contract lifecycle and the ways e-signatures can alleviate some of the pain points at every stage.

  • Creation:

If a deal is imminent, one must create a request to initiate an offer. An offer must highlight the objectives, goals, proposed responsibilities & liabilities, effective date, date of delivery or end date, payment – amount, method, and terms. This stage revolves around a proposal and is subject to alterations considering the interests of all participants. Nothing is concrete yet, and nobody is bound to oblige to any terms. The focus at this stage is to provide a basic framework by outlining the rights and duties of every participant. It is a good idea to add conditions and clauses that refer to action plans in case of a mishap, dispute, and other such circumstances. Digital signature platforms enable all the participants to view and suggest recommendations simultaneously through cloud computing services accessible only by authorized participants.

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Source link to read more about How E-Signatures Can Transform Your Contracts: https://bit.ly/3RypGBO


​DrySign is an e-signature platform that is secure, quick, and easy to use. With thousands of businesses entrusting us with their documentation, we're sure to amaze you too! Give us a call to find out exactly how we can revolutionize the contract management process at your end. Or just sign up here for a FREE TRIAL.

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