Electronic Signatures In Industry

  The eSignature Debate Signatures have always been an important means of approval in all business and personal documentation. The signature is an anchor of trust and evidence. An agreement without a signature is open, floating, ambiguous and hard to enforce. A signature anchors an agreement to a legally binding, enforceable, actionable reality. Today, electronic signatures play the same role, just online. eSignatures are easy to use and consume far less time than their traditional counterparts. According to the eSignature laws worldwide they have the same legal standing as handwritten signatures. Electronic signatures are a legal concept and are separate from digital signatures, a cryptographic mechanism often used to implement the electronic signature. While an e-signature can be as simple as a name or a cropped image entered in as a sign on a Word or PDF online,  digital signatures  are being used in business worldwide to implement signatures in a cryptographically pro...

  5 Concerns Related To Adopting eSignature Leveraging technology has proven to be a rewarding decision for many businesses that choose to adapt to today’s digitized realities. Whether it’s for marketing, operations, or accounting purposes, there are now many innovations that are changing the way we do business, and it pays to catch up in many respects. One use case that has grown over the years is using electronic signatures for digital documents. The digital signature market grew to $2.8 billion globally and could grow to $14 billion by 2026. However, just like any other digital tool, e-signature applications have their share of concerns, but there are ways to address them. Here are five of the most common concerns related to adopting digital signatures at work and how to work around them. Slow adoption Inertia remains a common theme in any digital revolution, and digital signatures aren’t exempt. People will still prefer the old ways of signing documents for various re...

  10 statistics that showcase how important e-signatures are 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 spac...

  How Digital Signatures Help the IT Sector Excel at Work  65% of United States-based businesses that use paper claim that getting physical signatures extends their workday by a full day. Business efficiency relates to how much a company can deliver concerning money, resources, and time. The IT sector is technologically ahead in using software for handling complex code. But when it comes to handling the sheer volume of documents, it's mired in approval deadlock. This inefficiency can culminate in loss of revenue and prevent businesses from being profitable. The IT sector has faced numerous challenges, including policy changes, economic uncertainties, the COVID-19 pandemic, and more. But its ability to weather them despite these unforeseen events has made it more efficient. During the COVID-19 pandemic, efficiency was hit due to low employee morale, decreased productivity, and salary cuts. However, the IT sector rapidly adapted and embraced digital transformation initiativ...

  eSignatures Help in Enabling Hybrid Workspace and Support Remote Culture In 2023, remote work is not unusual for employees. The pandemic forced organizations to revamp their workflows almost overnight. As it stands, the stability brought into the lives of office-goers with a forced Work-From-Home was a big eye-opener. Employees were able to strike a perfect balance between their professional and personal lives. Unfortunately, even technologically-advanced organizations needed more bandwidth, understanding, and time to pivot to remote work at the start. Almost three years later, we can safely say that big and small businesses have successfully created a bridge between remote work and on-site presence - Hybrid Work! Nearly 53% of U.S. workplaces will provide employees with a hybrid work culture . – Gallup The Shift to a Hybrid Work Culture The hybrid workspace model is a blend of in-person and remote workers, wherein employees can split their work time between in-office work a...

  DrySign Freemium A wide array of features and functionalities for no charge makes DrySign a hard-to-refuse package The recent pandemic has not been kind to the world, but there is a silver lining here. We have been pushed to come up with smart solutions and forcefully digitize manual tasks. It was the nudge that has resulted in many paradigm shifts recently. One might think the idea of a  digital signature  is one of them, but the truth of the matter is that the concept of electronic signatures has been around for a while. What has been missing is a comprehensive package that ticks all the right boxes and goes beyond a conventional digital signature solution. That’s where DrySign comes into the picture. It is a holistic approach towards procuring signed documents over the internet. And now it is available in a freemium1 version!  Be it supply chain management, banking, education, hiring, manufacturing, or any other domain, the need for signing documents never ...

  eSign for Multiple Industries Today, companies operate in times of unprecedented change. Digital transformation provides them with opportunities, with early adopters taking the lead. However, it is challenging for companies to scale with a relevant approach. Reinventing processes takes considerable time and effort, and digitizing processes means considering customers' needs and security. Electronic signatures or eSignatures are a modern digital tool used in getting consent via e-signatures on contracts and agreements. It was vital during the COVID-19 pandemic and helped organizations foster and maintain business relationships. However, an obscure understanding of the law and changes in regulations and compliance can prohibit companies from investing long-term in these innovations. Electronic signatures are an asset to industries looking to optimize internal processes and facilitate great customer experiences. Although regulations deter enterprises from investment, electronic sign...