Why Should You Use E-Signatures?

Is it easy to trust e-signatures? Should I switch to e-signatures? Is it safe to use them?  So many questions arise when it comes to electronic signatures. Despite initial hesitation, e-signatures are paving the way for the finalization of agreements. They are the new alternative to traditional pen and paper methods with added security and legal binding. The best part? They not only cut your time but also simplify your processes by eliminating the need for printing, signing, scanning, and then mailing your documents. All you need is to simply create e-signatures, and they are ready to go on any documentation of yours. 

Explained below are some benefits of electronic signatures that can help you gather insight about whether you should switch to e-signatures or not.

Time efficient

Switching to e-signature is a time-efficient step. You can easily sign any document with the click of a button and save yourself time commuting. You can also save money on commuting, paper, ink, and so much more.

On top of that, climate change is an important issue that is not being appropriately addressed these days. You should switch to e-signature and save valuable time and other additional resources that have the potential to worsen the situation of climate change.

Enhanced security measures

Even though it is popularly believed that electronic signatures are less secure, e-signatures are more secure than your traditional method of signing. The traditional paper-based signatures can be very easily forged by another person, but the electronic signatures have an authentication factor and encryption measures that ensure the security of the signature.

Unauthorized access to the e-signature will raise alarms and notify the owner that their signature is being tampered with or forged. So, security is the main thing you should not be worried about when it comes to e-signatures.

International safety

Living in a world of international transactions, the lives of people are made easier with the help of electronic signatures. You don’t have to worry about traveling all around the world to sign a deal with another international company, as it can be done from the comfort of your own home. Business-to-business and business-to-consumer environments are taking a change for the better as people shift to e-signatures.

No need to spend thousands on booking a flight and staying at a hotel just to sign a document. Now, with the help of electronic signatures, you can sign an international document and save money as well. Moreover, the data encryption involved in this process ensures that the sign is never forged.

Auditable trail

An auditable trail can be described as the users keeping track of the whole signing process. It provides comprehensive audit trails that include IP addresses, timestamps, and different actions taken by signatories. This trail helps keep a check-in balance between the parties involved, enhances transparency, and complies with regulatory requirements.

A digital log is kept in the archives about when and where a document is signed, what changes are made in the document, and by whom. A detailed audit trail of the user activity and other sensitive data is kept in chronological order.

Legal validity

People assume that the traditional method of signature is the only legally binding document, which is not true. According to the U.S. Congress in 2000, the ESIGN Act was designed to facilitate the use of electronic signatures and records. Under this legislation, it is stipulated that records and contracts cannot be invalidated solely on the basis of their electronic format and it holds the same weight as its paper counterparts. There are several other countries that recognize the use of electronic signatures and promote its use in their businesses.

Effortless compliance

Electronic signatures easily meet the legal requirements and various regulations. For example, tracking and recording the activities done around the signature and the changes made in the document can be easily demonstrated with the help of compliance. It is a speedy process that reduces the effort of physically signing, scanning, and returning documents.

How To Get Yourself an E-Signature? 

Creating an e-signature is super simple and easy; you can make it faster than you can say signature! All you need is a trusted e-signature-creating tool. Once you select a platform, create a new account. You can choose to create a new signature from then on. Create a signature using an e-pen – if not, u can simply type your name, and then the website will direct you to different fonts and styles. From here you can choose the one that suits your tastes. Click to create and then download your signature. After that, simply place your e-signature on the document, save it, and share as needed. It’s secure, legally binding, and lets you sign documents anytime, anywhere, without the hassle of printing or scanning.

Final thoughts

To conclude, you might have second thoughts about whether or not you should convert to e-signatures. But we are here to tell you that this is your sign! It can be trusted for sensitive transactions, including those in the finance and health sectors. The confidentiality and integrity of the document will not be compromised, and you can easily trust the robust security and integrity of the signing process.

In no case can the document be compromised as it will successfully hold up in court. You should convert your traditional signature to an electronic signature so that you can work your way toward your own convenience and safety.