Electronic Signatures In Industry

  Online Signatures with DrySign Picture this; you are caught up in the midweek hustle. You could be a working professional on the run, a student who needs to sign an application on priority, or a freelancer who has to sign an urgent document. Either way, you are going to need a smart, legal, easy, and quick way to sign documents online. Here’s how you can get  started . Getting started with online E signatures To get you up and signing in no time, DrySign gives you an option to sign in through your Google account. If you prefer filling the form, you can do that as well. Either way, it is a simple process that shouldn’t take much time.   How to create your digital signature? Once you have successfully signed in, you will be greeted by an informative dashboard and a menu bar on the left side of the screen that will help you navigate through the application. You will see a lot of options and tabs that will make your life much easier. But to get started, you m...

  Keep Your Organization Safe Against Signature Fraud with eSignatures A signature is a sign of consent or approval of the user's intent on a document. Despite the digitalization of various systems and processes, signatures still hold significant standing in legal and financial procedures. The potential to misuse signatures and signature forgeries is high despite the wide use of personal identification numbers (PINs). An average organization loses 5% of its internal revenue to fraud. People think signatures are less in demand in today's digital landscape. But the truth is that most organizations have been slow in shifting to digital processes and rely on signatures to authenticate documentation. As a result, signatures are used on checks, documents, contracts, and credit card transactions, giving way to various loopholes and incentives to commit fraud. What is Signature Fraud? Another question on a person's mind is how forgeable is my signature? Did you consider it when you...

  How Digital Signatures can Improve Cost-efficiency  Enterprises have always relied on paper documents for conducting daily business. However, procuring business documents can be a tricky affair. It includes checking for any errors or misspellings. Not to mention the printing and posting costs that increase the overhead costs for a company of any size. This is where modern automation technology like electronic signatures can be a game changer. Electronic signatures or eSignatures can digitize the entire signing process. Electronic signatures can simplify operations and provide advanced security against online risks. With various countries backing the technology by making it a law, businesses adopting it will be at the forefront of the competition. An  electronic signature  solution will allow companies to digitize all documents and attain signatures from all stakeholders from any location or device. Businesses using eSignatures have experienced a reduction in turnar...

  How e-signatures can benefit the insurance industry Over the last few years, the insurance industry has demonstrated incredible adaptability and resilience. With digital technologies expanding at the speed of light, carriers have tapped into new competencies to drive transformation and operational efficiency. The past year reflects a mixed bag – rising premiums in the commercial and personal lines of business – challenges due to the COVID-19 crisis – new market entrants facing difficulties revolutionizing insurance when the rubber met the road. From a constructive perspective, continued competition has outgrown innovation. Above and beyond all the transformations, the industry has realized that there is a need to integrate technology into the system's spine – documentation. The insurance industry heavily relies on paperwork, which is the main reason for sluggish processes, redundant prices, and time-consuming workflows, resulting in dwindling revenues. With ongoing challenges suc...

  Digital Signature 10 Compelling Reasons Given the current pandemic situation, it has become even more important for companies to switch to digital modes for various approvals and office workflows. Out of the endless list of must-have tools in the face of business disruption, an  electronic signature solution  has quickly started to become one of the top tools for companies to continue their day-to-day operations without roadblocks.  Here are 10 compelling reasons why you need to integrate your document processes with an  eSignature  solution: Document Security Cost-Effective Convenient Faster Turn-around-time Signature Verification Digital Signatures are Legally Binding Environment Friendly Detailed Legal Record Delivering Better Customer Experience Contactless experience Also Read:  How Industries can benefit from eSignature Solutions Document Security The Internet has made working online and e-signing documents really easy, while ensuring that the ...

  digital transformation esignatures DrySign blog Industries all around the world have stepped into an era of digitization, where age-old practices have gradually moved aside, and quicker, more intelligent methods of working have surfaced. The face of business is continuously changing, and the last few years have seen a boom in the number of industries embracing the latest technological trends. Digital transformation, especially  esignatures , has never been more significant, and it looks like there is no stopping it. Over the years, there have been many breakthroughs in the field of technology for business. With newer tools introduced for enhanced business processing, every business tool and its functions vary from industry to industry – whether it is CRM, accounting tools, email marketing tools, or even Chatbots. Ultimately, the purpose of these tools is to help your business grow by reducing costs, saving time, and enhancing the customer experience. One such tool that has m...

  BoostingSaleswithDigitalSignatures Sales, as we know, is an entirely different ecosystem in itself with most of its aspects automated. With applications like CRM, ERP, chatbots, and email marketing tools among many other have changed the paradigm. But when it comes to signing documents, contracts, and sales agreements, things have been moving at a rather slow pace. Without digital signatures sales representatives, managers, and directors cannot reach their full potential. In many ways, technologically restricting your sales team is pretty much like blocking your company’s growth and revenue funnel. Modernizing sales contracts using digital signatures For product-based and service-based companies, the smooth execution of sales or service contracts proves to be the distinguishing factor between getting a legacy client and a devastating lawsuit. The execution phase is the most vital part of the Contract Management Lifecycle (CLM). After properly negotiating and carefully drafting th...

  Role of Electronic Signatures The digital economy, also known as the ‘Internet economy,’ is taking shape and transforming conventional notions about how businesses are structured and how consumers obtain goods, services, and information online. This new way of doing business is the result of the hyper-connectivity of billions of people, data exchange, and processes through the internet. The term ‘Digital Economy’ was coined in the 1990s and defined itself as the economic activity – commercial and professional transactions that take place online. “Every industry and every organization will have to transform itself in the next few years. What is coming at us is bigger than the original internet and you need to understand it, get on board with it and figure out how to transform your business.” --- Tim O'Reilly. This change has been the catalyst for transformative technology that some of us are just now hearing of, like IoT, Blockchain, Automation, Virtual Reality,  Electronic S...

  eSignatures Benefits Change is the only constant. And the ones who embrace and adapt to change are the ones who thrive. This theory has manifested itself throughout the COVID-infested years we have been storming through. And as much as most beings dislike change, the businesses that endured are the ones who were able to accept and deviate accordingly. So, the first step is 'acceptance.' Not only as individuals, but organizations worldwide must accept the transformations brought about due to the pandemic and plan strategies synergizing with newer, faster, cheaper, and more convenient processes. Our businesses have rapidly evolved, and many workflows embraced the digital route. Remote work and video conferences have paved the way for contactless operations while Mother Nature rejoices at the reduced dependence on paper and seemingly unnecessary polluting processes. But after all the virtual meet-and-greets and confirmation of deals, most companies are still shuttling huge docum...

  The Great Resignation or the mass exodus wherein employees voluntarily resigned in higher-than-ever numbers, started around early 2021. This was and continues to be the effect of the COVID-19 pandemic, low pay, better opportunities, poor leadership, and lack of recognition. On one hand, this phenomenon has left many gaps in the market, and on the other, it has created many opportunities for employees and inevitably, doubled the work of HR teams across the globe. HR Teams carry the onus of finding the right talent, for the right price. Even as we speak, every industry is being swept by newer technologies simplifying jobs and workflows. However, when was the last time you found an HR team as digitally equipped as their counterparts in let’s say the IT department? The HR of even a small-sized business is a department that manages tons of paperwork and documentation, and long, tedious workflows. Recruitment, termination, employee policies, and internal events, all of these need activ...