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How do you know if electronic signatures are trustworthy?

he 2001 E-Sign Act was intended to ease and encourage the use of esign technology; however, years later, there is still a lot of mistrust of electronic signatures, even though they are evidently more secure and efficient than their handwritten counterparts. With that said; how can you be sure that when you esign online your documents and information contained in it is safe? In addition, how do you know if the e-signature you are about to execute is trustworthy? Why this matters It’s common for people to sometime question about a contract’s originality and validity. Such people could claim that a particular electronic document has failed to conform to the E-Sign Act, hence prompting endless court battles. Actually, the cause of many potential legal issues with contracts signed electronically relates to enforceability. For instance, remember the many checkboxes you click when purchasing goods online? Well, in case of a dispute, a client who ticks those bo...

Advantage of telecom industry by embracing electronic signatures

Telecom Industry embracing electronic signature technology. An electronic signature solution, like eSign Genie, is among the most vital tools that can help telecom companies adapt to the new digital environment quickly and easily. E-signs are known to improve organization’s efficiency, particularly in its contractual processes.  https://create.piktochart.com/output/32623908-why-telecom-industry-should-embrace-electronic-signatures

Why electronic signature is in so much demand?

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From quickly handling student applications to doing employee on-boarding, electronic signatures provide a safer and more effective way of obtaining signatures. In 2000, the ESIGN Act gave e-signatures the same legal standing as wet-ink signatures. That was followed by the UETA act, which was embraced by most states in the U.S to guarantee uniformity in the use of e-signs and electronic records.  https://create.piktochart.com/output/32342159-why-electronic-signature-is-in-so-much-demand Loading...

How are electronic signatures better than handwritten wet signatures

As more and more businesses automate their processes, the need to evolve from handwritten to electronic signatures has become increasingly crucial. Handwritten or wet-ink signatures tend to slow down processes because they are mostly dependent on the signatory’s presence and most notably, the exchange of paper. Here are a few reasons why obtaining an online signature is better than a handwritten one. Enhanced security and compliance Even when you receive an original document signed by wet-ink signatures, you can’t be 100% confident that it was actually executed by the right person, or if it hasn’t been altered along the way since wet-ink signatures can be easily forged. On the contrary, with esignatures , only the relevant parties can be in a position to sign a document, given that they are the only ones who can access a private key, handy in executing the signature. Basically, with such a technology, it is impossible for someone to allege that their signature on...

What are electronic signatures used for?

From quickly handling student applications to doing employee on-boarding, electronic signatures provide a safer and more effective way of obtaining signatures. In 2000, the ESIGN Act gave e-signatures the same legal standing as wet-ink signatures. That was followed by the UETA act , which was embraced by most states in the U.S to guarantee uniformity in the use of e-signs and electronic records. With that said, some organizations are hesitant to adopt electronic signatures in their businesses processes. What these organizations don’t understand is that, nowadays, electronic signatures can be used to execute signatures in nearly all kinds of situations. Let’s take a look at some of the frequent instances where e-signs can be applied, especially in the business world. Vendor/supplier agreements Businesses, especially SMEs, are usually disadvantaged when it comes to negotiating with vendors; thus, is essential for managers to be in a position to lock...

Electronic signatures advantages at government departments

E signature capabilities are no longer viewed as “nice to have”. Government agencies have recognized e-signs as a secure, enforceable, compliant, and economical way to achieve digital transformation. Electronic signatures advantages at government departments from eSign Genie

How E-signatures have become a vital tool in HR departments

When most (if not all) organizations are hiring, employees are often asked to fill out and sign various new hire forms. This signing of forms and contracts starts with the job offer and continues throughout employment. However, employers are finding themselves in circumstances where the traditional hard-copy signatures are becoming impractical; case in point, when rolling out new hire checklist for thousands of employees or conducting an open enrollment for workers spread across the globe. Remember, Human Resource departments greatly rely on the timely, correct, and complete turnaround of requisite paperwork to meet their employees’ needs and industry’s requirements. And since compliance, flexibility and operational efficiency is vital in this industry, HR departments are significantly embracing e-signing services or technology to handle their documentation. This kind of technology provides a timely, secure, and legally binding way of signing business documents digita...