Thursday, July 28, 2011

Electronic Signatures Becoming The Preferred Way To Do Business?


  • Lower Cost - Thirty billion paper documents are circulated every year. Studies show an average cost per document of $6.50 and five hundred documents signed by the average managerial employee every year. This means the total annual cost of paper transactions per managerial employee is $3,250.
  • Environmental Conservation - Electronic signatures eliminate the waste of natural resources associated with paper, equipment and storage required to print and store paper documents.
  • Reduced Fraud Risk - When documents are signed electronically, the integrity of the content is guaranteed. E-signatures also enable real-time verification of the handwritten signature as opposed to a pre-defined biometric profile. Any manipulation within a document that involves an e-signature will automatically result in making the signature invalid.
  • Happier Customers - Turnaround times are accelerated with the use of electronic signatures because contracts/forms are quickly retrieved from their electronic files; the process for each party to sign can be completed right from their computer or smart phones without printing. Additionally, adding an electronic signature to a document is just like signing on paper, but better, since each party instantly receives their electronic copy.
  • More Sales - Less time printing, faxing and calling about documents to be printed, signed and faxed back means less administrative work and more time spent on winning new business. A virtual increase in time can create a real increase in company revenue.

    Popular documents to send for signature include W9s, NDAs, insertion orders, quotes and contracts of any kind. Try RightSignature free and see how easy it is to send documents for signature.