What is e-signature software?
This article offers a quick look into what e-signature software is and outlines the basic definition of an e-signature.
If signing contracts faster, approving deals quicker, and closing agreements in record time all sound like ideal additions to how your company does business, then e-signatures might be the next step in your contract process.
If you’re not sure what an e-signature is or aren’t aware of available software solutions that could optimize your signature approval process, this article is the perfect place to start.
The basics of e-signature software.
E-signature software can reduce costs and potential risks with compliance and document management. This software decreases dependence on paper and speeds up the process of gathering signatures for important documents. Documents can be signed from virtually anywhere and have tools that allow for the right people to sign at the right time.
What is e-signature software used for?
E-signature software is a simple digital solution that enables your company to legally and compliantly give or receive a binding signature. Some key uses of e-signature software include:
- Contract signing. Execute simple and secure contract signings to accelerate deal closures.
- Legal agreements. Create and sign legally binding agreements with compliance.
- Approvals and authorizations. Streamline internal processes like purchase orders and expense approvals.
- Client onboarding. Make onboarding of clients with multiple document signings an easier task.
- Compliance. Ensure document integrity, authenticity, and regulatory compliance with added security features.
E-signature software makes document handling an efficient and secure process. Next, let’s explore its key features.
Features of electronic signature software.
High-quality e-signature solutions leverage additional features to create a better user experience and workflow like:
- Easy-to-use platforms. User-friendly interfaces make navigation easy and reduce the need for extensive training.
- Simplified sending processes. Workflows can make sending documents quicker and easier while saving time and effort.
- Tracking and managing contract progress. Keep tabs on document status in real time by tracking progress.
- Third-party program integration. Connect with other software tools to help manage tasks and improve efficiency.
Common use cases of e-signature software.
E-signature software is widely used across different tasks and industries. Here are some common scenarios where it’s often applied:
- Contract management. Easily handle business contracts, agreements, and legal documents.
- Client approvals. Quickly get client approvals for project milestones or design changes.
- Tenant agreements. Make leasing agreements and rental contracts easier for landlords and property managers.
- Financial transactions. Speed up financial processes like loan agreements or investment contracts for timely processing.
- Healthcare forms. Simplify signing patient consent forms and treatment agreements in healthcare settings.
- Government documents. Reduce administrative work and ease the signing process for government forms, permits, and licenses.
- Sales and purchase orders. Accelerate sales processes by allowing clients to sign proposals, sales contracts, and purchase orders electronically.
- Vendor agreements. Simplify the signing of vendor contracts and procurement documents, ensuring timely partnerships.
How secure is e-signature software?
E-signature software prioritizes document security through encryption and authentication measures, ensuring the confidentiality and integrity of electronically signed documents. By complying with legal standards, e-signature software assures that signed agreements are valid. This level of security and compliance makes e-signature software a reliable solution for businesses.
Use e-signature software to streamline processes.
Do business faster and more efficiently by implementing ways to send and request electronic signatures into your approval and contract policies. Discover everything you can do to speed your business workflow with Adobe Acrobat for business today.
