Electronic signature software is an effective way to streamline the process of signing documents and contracts. These days, it’s vital that you have an electronic signature tool in place. There are multiple choices when it comes to signing software, so it can be difficult to decide which one is right for your business. Before purchasing a solution, keep these tips in mind.
The Importance of Electronic Signatures
An electronic signature is a way to sign documents and contracts electronically. The ability to offer an electronic signature is advantageous for many different types of businesses, including real estate agents, insurance providers, financial institutions, manufacturers, and more.
When you sign a document using an electronic signature tool, you’re not actually signing the document. Instead, a digital copy of your signature is sent to the company that’s requesting it.
The company then uses software to manually verify the authenticity of your signature and add it to their system. This means that there are no additional costs for digitizing signatures. Plus, you can use this tool in any jurisdiction because it will recognize when your signature has been digitally verified and add it to their system accordingly.
It’s important to note that these signatures are legally binding even though they aren’t physically signed by the person who is authorizing them.
How Electronic Signature Software Works
Electronic signature software is a software that you can use on your computer or mobile device to sign documents and contracts electronically instead of physically. If you’re signing a document on your computer, the software will capture an image of the document. If you’re signing a document on your mobile device, it will send the document to another computer and capture an image there. It then sends the signed document back to the other device so that it can be sent out.
You’ll be able to use this tool to sign any number of documents and contracts, including legal agreements, rental agreements, mortgages and more.
You should consider what type of work you do and how often you’ll be signing documents with your electronic signature software. If most of your work is in one place or if your company has multiple offices where you have regular meetings or conferences, then a desktop signing solution is likely for you.
However, if your business travels frequently or if it’s more spread out across different locations — such as in multiple cities — then a mobile signing solution will be better for you. Some businesses may also use both solutions depending on what they are doing at any given time.
Electronic signature software offers businesses a number of benefits that make it a worthwhile investment. It’s important to keep in mind that electronic signature software can be time-consuming, but it will save you time and money in the long run.