The Ins And Outs Of Digital Signatures

As more and more business communication occurs virtually or via online portals, a secure method was needed to execute business transactions. Hence, digital signature capabilities were born!

Digital signatures, the most secure technology for signing documents online, ensure the authenticity of a document. Valid digital signatures provide verification to the recipient and the sender that the document wasn't altered during the course of the transaction. Documents formerly executed via the old-fashioned pen and ink technique can now be completed electronically, offering enhanced protection against forgery and tampering for all parties involved.

Common Uses for Digital Signatures

While digital signatures can be used on virtually all document types, there are some common uses seen across all business types, including:

• Human Resources Documents - i.e., employee benefit enrollment, employment applications, benefit change forms, time sheets, performance reviews, expense reports
• Legal Documents - i.e., contracts, agreements, change orders, contractor agreements
• Finance/Accounting Documents - i.e., loan agreements, lease agreements, expense reports, tax filings, disbursements
• Customer Acquisition Documents - i.e., customer applications, customer agreements, enrollments
• Procurement Documents - i.e., purchase agreements, purchase orders, contract amendments
• Sales Documents - i.e., client contracts, proposals, customer service contracts, term sheets

Digital Signature Benefits

Integrating digital signature systems enables you to enhance workflow processes, creating a competitive advantage over firms still stuck in the dark ages! Some additional advantages include:

• Enhanced customer service
• Expanded electronic capabilities
• Seamless integration into your current business operating platforms
• Risk mitigation and solutions for addressing compliance concerns
• Rapid return on investment, particularly with a limited investment for a Software as a Service (SaaS) platform such as SIGNiX, the industry's leading provider of online digital signatures.

For information about integrating digital signatures into your business' processes, contact the professionals at SIGNiX.