Electronic Signatures In Industry

  Digital signature technology has been around since the start of the new millennium. In 2000, the United States passed the Electronic Signatures in Global and National Commerce Act (E-SIGN). The Act ensured that e-signatures hold the same legal status as wet ink signatures and are acceptable for executing any documentation in U.S. states and territories. The global e-signature market is anticipated to reach $61.91 billion by 2030. Digital signatures have become essential to workflow improvement. For instance, during the pandemic, several businesses took the help of digital signatures to engage with their customers efficiently and effortlessly. With the emergence of COVID-19, eSignature business users have increased by 50%, while individuals using eSignatures have grown by 13%.  Also, 69% of eSignature users are more likely to continue to e-sign over in-person signing. People worldwide find it a very convenient, easy-to-use, and cost-efficient solution for businesses and indiv...

  Learn How E-Signatures Can Transform Your Contracts - 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 c...

  Ten esignature statistics that will help your business grow! From Sumerians to Egyptians, the evolutionary journey of signatures is incredible. Gone are the days when we were required to carry pen and paper to sign a document. Now we can sign any document on the go, from anywhere and anytime. For decades now, e-signatures have been helping organizations enhance and speed up their operations. In today's competitive market, e-signature software provides a comprehensive range of benefits and features to bring convenience, efficiency, and agility to business processes. For example,  e-signature solutions  essentially automate document workflows, allowing you and your team players countless free hours to focus on more priority and revenue-generating tasks - so that you can focus on actual business without worrying about document security and faster paperwork. In addition, you can save a lot on physical storage, which not only accounts for an additional amount but the sp...

  7 Data-Backed Electronic Signature Advantages Unveiled In an era defined by the relentless pace of technological evolution, businesses worldwide are navigating the landscape of digital transformation. At the forefront of this revolution lies the indispensable tool of electronic signatures, or eSignatures, serving as catalysts for efficiency, security, and streamlined processes. As organizations increasingly pivot towards a paperless paradigm, the benefits of  eSignatures   emerge as not just theoretical advantages but concrete, transformative elements that can be replicated across various sector​s. In this blog, we delve into seven compelling eSignature benefits supported by data, providing a roadmap for businesses to embrace innovation and leverage statistical evidence in reshaping their operations for the better. Join us on this insightful journey where the fusion of data and technology unlocks possibilities, propelling your business toward a future defined by agility...

e-sign and eIDentification– Transforming Digital Business   Whether logging into our favorite apps, making online purchases, or accessing government services, digital identities have become a part of our everyday routine. They make things so much more convenient—no more standing in long lines or dealing with heaps of paperwork. Instead, we can prove who we are and get things done quickly with just a few clicks. What is the meaning of electronic identity?  Generically, an “Electronic identity” is a means for people to electronically prove that they are who they say they are and thus gain access to services. The identity allows an entity (citizen, business, administration) to be distinguished from any other. It is a digital representation of an individual's identity that will enable them to authenticate themselves and securely access online services, conduct transactions, and interact in the digital space. Electronic identities, often called e-identities, have become increasingl...

  How DrySign Improves Efficiency for the Finance Industry The finance industry is a vast and ever-evolving sector that constantly adapts to meet customer demands. One of the most significant transformations we often overlook is how transactions are conducted today. What once required hours of paperwork and personal visits to institutions can now be accomplished with just a few clicks. These remarkable changes result from shifting customer demands and the relentless drive toward digitization. The impact of digital transformation is being felt across various processes and systems. Banks, non-banking financial institutions, and insurance companies have wholeheartedly embraced digital technologies to thrive in today's digital era. However, consumer demand will continue to evolve, and financial institutions must keep up by offering even more convenient ways to transact. Failure to do so may open the door for emerging fintech companies to claim their share of the market. To remain compe...