Why more and more businesses are adopting electronic signature software

The electronic signature is seeing an increased rate of adoption around the world today in businesses ranging from a variety of industries like banking, insurance, law, and education. So, what is it about the electronic signature that is so enticing? In this post, we’ll look at that.

It’s secure. Using the electronic signature software, you can send documents to the signing party via secure email and once the signing party completes the signing process, a copy of the document is sent to both parties. This way, communication is limited to the two parties involved in the process with no scope for intrusion from anyone else. Also, the data cannot be altered from its original form, thus ensuring no scope for any mishaps.

It’s a great add-on. Every business process involves some kind of approval or authorization. For best results and to ensure that everyone is held accountable, it is advisable to use an e signature to make these approvals. This software can integrate with any other existing applications that might already be in use and accelerate those processes. It can add value to any other application.

Real-time updates. You want to close a deal with a customer who is out of town and you are not sure that you will be able to close the deal. The only way you would know that the deal has been closed is if the client signs the document. Now, if you were to send a paper document for signature, it might be some time before you could actually see the signed copy. Nor will you know the status, whether or not the document has been signed.

However, with this electronic signature software, you can rest assured that you will immediately know the status of the signature of the document. As soon as the signature on the document has been completed, you will get a signed copy of the same.