What Is an Electronic Signature? Get the Full Scoop Here

by Mahender Bist CEO

What Is an Electronic Signature? Get the Full Scoop Here

Even though people have been signing documents digitally for over 20 years, many still don’t know what is an electronic signature. Time and money are important to growing businesses that thrive on the timely execution of agreements. Electronic signatures are one of the ways business is getting done faster and at less cost.

No longer do you need to fly from West Coast to East to sign documents. Businesses have made this possible through the development of the electronic signature. Don’t move, we’re going deep into this great advancement.

What is an Electronic Signature?

U.S. legislation and the Electronic Signature & Records Association (ESRA), define electronic signatures as:

“an electronic sound, symbol or process that is attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record.”

This versatility in definition allows many companies, including eSign Genie, to offer electronic signature solutions to businesses that fit their business profile and needs.

There are many benefits for businesses to consider when it comes to adopting electronic signatures.

What are the Benefits?

In today’s connected digital universe, the traditional method of signing documents is dwarfed by the advancements in technology and the advent of electronic signatures. So, what are the key benefits?

Saves time: One of the most valuable resources and often it feels like we just don’t have enough of it. Using an electronic signature, nearly 82% of agreements are completed in under a day and 49% are done in under 15 minutes.
Faster decision and action: As you know getting all the signatures and carrying it forward to action is usually a lengthy process. Not anymore. With main managers being able to sign electronically turn around and carry through are much quicker.

Read full article here - https://www.esigngenie.com/blog/electronic-signature-get-full-scoop/