Electronic signatures add a layer to legal binding and trusted authentication to important documents like contracts and agreements. Electronic signatures streamline business processes and reduce the time it takes to sign documents, while reducing costs. They also assist companies in meeting requirements of federal, state and industry compliance requirements.
There are a variety of different kinds of e-signature technologies however the most secure options are certificate-based digital signatures that comply with the high standards of many highly-regulated industries and countries. These e-signature solutions utilize public key infrastructure (PKI) to create an electronic signature certificate tied to the signer’s digital identification. This link authenticates the signature and makes sure that only the signer can access the private key used to validate it.
These e signatures offer numerous advantages, in addition to the security they provide. They are superior to other options that are more basic. Audit trails along with encryption and other security features on the backend can help ensure authenticity. They can also include ink strokes and pen strokes to make it more familiar to the user.
Alongside speeding up processes and eliminating the need for paper, electronic signatures can also enhance the efficiency of teams as well as delight employees, customers, and other stakeholders by providing seamless and paperless experience that is simple to use on any device. For instance, some electronic signature solutions feature bulk signing capabilities that let senior executives quickly and easily sign standard contracts with just few clicks instead of completing them individually.
