5 Important Ways in which E-signatures can Improve your Real Estate Business

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Real estate professionals have to work hard, day in and day out, to sell even a single property. The challenge is not only in getting the buyers ready to purchase the property, but also in actually getting them successfully to the purchase finalization stage. There are several paperwork formalities that encumber the journey from ready stage to buying stage. Real estate transactions require a plethora of documentation work, which can be overwhelming to complete for the buyer and grueling to manage for the real estate professional. If only there was a simpler way to handle this documentation work, real estate transactions would become a lot easier for every stakeholder involved in the transaction.

And there indeed is a way, e-signatures! Using e-signatures for real estate sectors is the most effective way to simplify the paper-intensive formalities. This is how electronic signatures work efficiently for real estate sector transactions:

1. Quick and Accurate Document Submissions
As a real estate agent, can you recall how many times you had to deal with incompletely signed documents sent to you by property buyers or sellers? Probably too many times to count. Think about all the precious time that you had to waste on the rework. One of the best advantages of using electronic signature for real estate business is that you can ensure that the person signs at all the required places before submitting the document to you.

2. Secure Storage of Crucial Client Data
When your clients hand you over the signed documents, they are also entrusting you with their sensitive private data. You have to make sure that the integrity of client’s documents as well as client’s signatures is protected no matter what. E-signature solutions offer high levels of security from document signing to document storage. You won’t have to worry about anybody misusing or tampering with the document or signature.

3. Ability to Work from Anywhere
Usage of electronic signature for real estate sectors can grant much more mobility and flexibility in day-to-day transactions. Being a real estate agent, you’re probably always engrossed with some or the other work, whether it’s showing a property, closing a deal, or attending an important meeting. Using e-signature will allow you to sign critical documents anytime and anywhere.

4. Simplification of Paperwork Formalities
The last thing you want to do is scare off a buyer by telling them how much of signed paperwork they’ll need to submit in order to complete the property purchase. With e-signature, all the documentation work can be completed online in just few simple clicks of the mouse button. There will be no need of printing, xeroxing, scanning, or mailing documents.

5. Faster Closing of Property Deals
E-signature for real estate business is profitable because it speeds up the process of property purchase. With paper and ink signatures, it can take a lot of time to reach the successful conclusion of the deal. During this time, the buyer may even start having second thoughts about the intended purchase and may choose to back out at the last moment. With e-signatures, you can seal the property deal much more quickly and efficiently.

What Makes Secure Electronic Signatures the Best Signing Method of This Digital Age

What Makes Secure Electronic Signatures the Best Signing Method of This Digital Age

Can you imagine signing without paper and pen? It may seem odd at first, given that we are so accustomed to the traditional paper and pen method of signing. But the times are now changing and secure electronic signatures are finding more and more concrete place in the business plans across various industry domains.

Why Do You Need Secure Electronic Signatures?

You might think what’s the need to replace the age-old paper signing method? The answer is already in front of your eyes. Look around you and observe how much the digitization has taken over our daily life. Mobile phones, computers, laptops, tablets, iPads are some of the most common digital devices that we use everyday for talking, chatting, working and so on.

Electronic signature software is all about keeping up with this new digital age and life. Its aim is to make signing an electronic process, that can be completed at any time, at any place and using any mobile device. When signing becomes an electronic process, you can complete it at the convenience of your personal and professional life. E-signature software is ultimately all about making signing a more efficient and streamlined process than before, which is particularly helpful in a business setting.

Different Application Areas of E-signatures

Basically, e-signature can be used in any place where there is a need for document signing. It can be a smooth replacement for paper and pen signing in all types of business workflows. Contracts, agreements, reports, forms, invoices, orders, proposals, almost all types of regularly used documents in business can be signed electronically with the help of e-signature software. Some of the most common industry domains that have now started using secure electronic signatures in their business operations include:

  • Finance and Banking sector – Bank account opening, loan documents, mortgages, expense reports, investments, credit reports, compliance formalities, asset management and transfers, purchase orders, etc.
  • Insurance sector – Claims management, claims documents, policy compliance and management, expense reports, new policy forms, premium payments administration, etc.
  • Healthcare sector – Patient on-boarding and discharge, patient consent, patient treatment and care, regulations compliance, patient reports, bill and invoicing, etc.
  • Real estate sector – Bidding documents, property rent/lease agreements, property purchase agreements, mortgage, business terms and conditions, etc.
  • Government sector – Action orders, citizen services, vendor agreements, permits and licensing documents, procurement agreements, citizen application forms, public welfare programs, etc.
  • HR sector – Employee hiring, employee on-boarding and exit, payroll processing, policy and regulations compliance, performance reviews, etc.

5 Main Benefits of Using E-signatures

  1. Save Time – Electronic signature software enables quicker completion of signing formalities, thus reducing the turnaround time for business workflows.
  2. Save Money – Using e-signature means no paper, ink, faxing, scanning, printing, couriering costs incurred anymore for getting wet signatures on paper documents.
  3. Work Flexibly – Electronic signature gives you the mobility and flexibility to do business and sign documents whenever and wherever you want.
  4. Secure Workflows – E-signature software helps in keeping your important documents and signatures on those documents safe and protected against loss, theft and tampering.
  5. Go Paper-free – Reduce the use of paper in your organisation with e-signature software and make a strong statement about being an Eco-friendly company.

7 Key Benefits of Switching to Electronic Signatures for the Business Sector

A common goal that is shared by all businesses is to minimize the costs and maximize the profits. Regardless of the business size and industry domain, this goal remains a priority for all. To accomplish this goal in reality, one needs to take concrete steps in its direction which may involve ditching the old business methods and embracing the new ones. Using secure electronic signatures belongs to the new-age method of document signing in business processes. As more businesses will adopt e-signature software for their operations, the more streamlined overall business environment will become for everyone. Here are 7 top benefits of using electronic signature software for business:

1. Speed Up Tedious Processes

The use of paper-based signatures in business processes often slows down the momentum of the processes. Circulating the document among all parties for signatures and then receiving the signed documents take time. Electronic signature software solutions speed up the signing part of the process, thus speeding up the entire process.

2. Do Away with Unnecessary Costs

The costs of paper and ink are common with paper signatures. But if the signing parties are not all in the same location, then there are additional costs of faxing, printing, scanning, xeroxing, couriering, etc. With e-signature solution, the entire process of signing documents takes place online, thus eliminating all above costs.

3. Keep Close Eye on Progress

When there are many parties who need to sign a document, it can get pretty hectic keeping track of which party has signed the document and which party hasn’t done so yet. E-signature software makes it convenient to track the current signature status of the document.

4. Ensure Document and Process Security

Paper documents and signatures are vulnerable to tampering, manipulation, loss, misplacement, etc. Electronic signature software offers great relief when it comes to the security, safety and integrity of documents and signatures. Employing superior security measures, e-signatures offer high level of protection to the electronic documents and signatures against any misuse.

5. Foster Better Professional Relationships

When business processes become simpler to conduct, everyone reaps the benefits whether it’s the employer, employees, customers, business partners or any other business stakeholders. The convenience of securely signing document anytime and anywhere one likes, is something that all would appreciate. It also fosters trust and confidence among people in their business related dealings.

6. Improve Business Mobility and Flexibility

The use of electronic signature for document signing liberates employer, employees and customers from the obligation of being in the same location. They can all be spread out across the globe and still electronically sign the critical documents and get things done. Having this kind of flexibility in signing documents and completing formalities helps in making the business more mobile in nature.

7. Do More Work Quickly

Business is driven by actions and not merely words. Many a times, caught up in extensive signing formalities, important business decisions can take a lot of time in reaching their implementation stage. By facilitating faster signing formalities, secure electronic signatures allow businesses to promptly put their business decisions into actions.

Process of Using Electronic Signatures Explained in 7 Simple Steps

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The popularity of e-signature solutions is now more widespread than ever. More and more businesses are realizing how easy these are to use and furthermore how much easier they can make doing business. If you too want to ride this wave of esign solutions but are confused about how it all works, then here is an overview of the basic functioning process of e-sign solutions.

  • The first thing that you’re going to need is a digital copy of the document that you want to electronically sign. The document can be in any of the common formats like Word or PDF.

 

 

  • Next, add the email addresses of all those people who are the intended recipients and signatories of the document. You will also need to define the order of document signing.

 

  • Now indicate the location on the document where the signature should be placed by the signatories. In addition to the signature, you can also add other data fields that you want the signatories to fill in.

 

  • Once you are through with this, all you need to do is click on Send button to send to the signatories the link for accessing and signing the document to their respective email addresses.

 

  • The process of electronic signing the document is just as easy as sending the document for electronic signature. Once you and your signatories open the document with e-signature software, there will usually be simple instructions to guide you through the signing process. All you need to do is follow the instructions to complete the signing process successfully.

 

  • There’s more to the picture! The utility of e-signature software is not limited to sending and signing the documents. There are many other functionalities offered by e-signature solutions. For instance, you can check the current status of your document at any given time, you can set automatic reminders, you can opt to get notifications for every step of the signing process, you can access the document whenever you like, and so on.

So this is what using an electronic signature solution typically looks like. It’s easy, fast, efficient and anybody can learn how to use it. Whether a business is of small, medium or large size, e-signature can prove beneficial for all types and sizes of businesses.

You can use e-signatures anytime, anywhere and using any device. That means you can use it on your personal computer, laptop, smart phone, tablet and any such device. Whether you’re in office, home, commute or travel, you can do electronic signature whenever and wherever it’s convenient for you.

Now that you know how effortless it is to start using electronic signatures, it’s time you give it a try for your own business! Opt for a quality e-signature solution provider and get started with your journey to becoming a paperless business.

How Can Using E-signature Solution in Business Improve Customer Experience?

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Customer experience is the king for every kind of business, whether it is in finance industry, real-estate industry, insurance industry, or some other industry. You simply can’t expect your business to grow until and unless you have figured out the key to make and keep your customers happy. So what does make customers happy and satisfied?

It’s feeling valued. When customers feel that you value them, their needs and their convenience, they are likely to stick with your business in the long run. And believe it or not, e-signature solution can play a very important role in making your customers feel treasured. In fact, e-signature software can easily become an integral part of your innovative customer experience initiatives.

There’s a reason why electronic signature has gained, and continues to gain, such a widespread acceptance, it simplifies complex processes and creates digital user experience, something that modern users greatly appreciate. Whether it’s about opening a new account in the banking industry or filing for claims in the insurance industry, secure electronic signatures offer ways to electronically complete these otherwise tedious processes. Since electronic signature software is so easy to use, even the users who are not so tech-savvy feel absolutely comfortable working with it.

By incorporating electronic signature software solutions in such business processes, you do a great service to your customers. Firstly, you remove all the paperwork from the equation. Your customers no longer have to worry about printing out copies of documents, signing and sending them over to you. The entire document exchange process can be completed digitally.

Secondly, you give your customers a great deal of flexibility in terms of when and how they want to complete the process. When you rely on paper-based documents and signatures, you make it mandatory for your customers to come down to your office to complete the formalities. But when you switch to e-signatures for these processes, in-person meetings are no longer necessary. You give your customers the freedom to attend to the formalities at any time, from any where and using any device. Having this kind of flexibility is a matter of great convenience for your customers who may be occupied in their own busy lives.

Using a legal electronic signature software is an excellent way to introduce digital transformation in the way your business operates and optimize the interaction experience of your customers with your business. It will also help you carve your brand reputation as a tech-friendly company, allowing you to win the trust and confidence of your customers.

The bottom line is that the easier the customers find it to interact with your business, the happier they are likely to be with your business. So it’s time for you to partner up with a renowned esignature company and work on improving the customer journey in your business.

How Useful Are Electronic Signatures in Online Shopping?

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E-commerce is the new popular business model today attracting consumers and sellers alike. While sellers find it convenient to sell their products online instead of through a brick-and-mortar building, consumers too find it convenient that everything they need is only a click away with online shopping. But like every online transaction, e-commerce shopping also has its own set of challenges. Online purchase can be viewed as a contract or an agreement finalized between the seller and the consumer, and there need to be some security measures to ensure the integrity of this dialogue between the two. E-signature solution is one such measure.

Electronic signature can play an important role in e-commerce transactions that involve documents like subscription deals and license agreements. Sellers need to get signatures of the buying users on these documents to ensure that the user agrees and complies with the document’s terms and conditions.

A good example of this would be an online shopping instance where a user is purchasing a software product online. With software purchase there is naturally a license agreement to be signed between the software owner and software buyer. Here, the owner has to ensure that the buyer is contractually obligated to adhere to the terms and conditions defined in the license agreement document.

But since this isn’t an in-person purchase, getting the buyer’s signature on a paper document is not an option. In such a situation, the software seller can use an electronic signature software to get the buyer’s signature on the license document and enforce compliance. This way e-signature software helps both the seller and the buyer secure their respective rights for the usage of the software by providing a secure, legal and paperless way of document signing.

The reason why electronic signature can ensure all-round security for online shopping transactions is because it offers security and assurance on various fronts:

  • E-signature ensures that the information exchange between seller and buyer is kept private and confidential. The data is available for view to only the relevant people involved in the e-commerce transaction.

  • E-signature protects the integrity of the information sent or received between seller and buyer, and ensures that the information hasn’t been modified in any capacity at any stage of the transaction. This is important to ensure that the buying and selling parties are on the same page about everything pertaining to the online purchase.

  • E-signature helps in verifying the identity of the people involved in the e-commerce transactions. It provides a way via which buyer as well as seller can confirm that the other is indeed who he claims to be.

  • Another authentication use that e-commerce seller can make of the secure electronic signatures is they can validate that their buyers have the authority to use whatever payment method they have chosen for the purchase.

  • Since e-signatures are known to record every step of the online signing process, they make it possible to collect evidence regarding the e-commerce transaction to avoid any cases of repudiation by either of the transaction parties.

7 Ways How Electronic Signatures Make Business Processes Secure and Streamlined

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The reasons for implementing electronic signature software run deeper than just the quick and paperless signing benefits. The lesser known advantages of integrating electronic signature solution into business include streamlined business processes and enhanced signature and document security. Efficiency is one of the building blocks of successful workplace operations and in order to attain this, an organization must recognize whenever there is an alternative, quicker and better way of executing a workflow.

Electronic signature app is one such opportunity, it’s an alternative signing methodology that beats the traditional signing method involving paper and ink. And the organization that identifies its potential stands to leverage all its wonderful benefits. Here are 7 ways in which electronic signature software solutions bring immense beneficial value to the way a business operates:

  1. Sign with an Assurance of Security

Esign app utilizes many techniques to protect the safety, security and integrity of the document and signatures. It gathers process evidence which documents each step of the signing process. It also safeguards the signed document from tampering by smartly identifying if the document was altered in any way after it was signed. If any alteration is detected, the e-signature is considered nullified.

  1. Meet the Stringent Deadlines Easily

Every business has to work in accordance with set deadlines, whether it’s contract submission or deal finalization proceedings with a client. With paper documents, it can be difficult to get everybody’s signatures before the deadline. But electronic signature solution makes it possible to get the signature formalities done within the set time frame.

  1. Make Business Workflows More Time-efficient

Printing out the document copy, xeroxing it, faxing/couriering it to the relevant signatories and waiting for their signed copies, all of this consumes a lot of time unnecessarily making the business workflow lengthier. Electronic signature software saves time by eliminating these extraneous steps in the workflow.

  1. Save Costs on Laborious Processes

Suppose an organization were to implement a new company-wide policy and needed each employee’s signature on the policy document to proceed with the policy’s implementation. If the organization is medium or large-sized, it can get very cumbersome and costly getting signatures on papers from so many employees. But with esign app the process is digitized and no expenses need to be incurred on paper, pen, ink, xeroxing, etc.

  1. Ensure More Work Flexibility for Everyone

Using electronic signature software solutions ensures work flexibility for employer, employees, clients, business partners, and every other stakeholder of the organization. Because now they can sign documents at anytime and from anywhere as per their convenience.

  1. Get More Control Over the Signing Process

With the paper documents, a major problem is keeping track of the current status of the document, finding out where the document currently stands in the signing process. Electronic signature app allows the document owner to keep a close check on the entire signing process.

  1. Implement Critical Business Decisions Faster

No need to put important business decisions on hold because of delays in getting relevant people’s signatures. Electronic signature app makes it possible to complete the signing formalities and implement the decisions into actions as fast as possible.

Electronic Signatures Can Be The Best Way To Sign Documents Electronically

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As we are driving into the digital age, hefty paperwork is slowly but steadily becoming a thing of the past for businesses. While up till few years back it was difficult to imagine using anything other than paper for signatures, now electronic signature software has gained acceptance by individuals and businesses worldwide. Electronic signature is now considered a viable method of signing documents electronically.

So what exactly is an electronic signature?

In simplest terms, electronic signature is any electronic token that is attached to a document, in order to show the signer’s intent for acceptance or agreement with the contents of the document. Usually, this token resembles the signer’s actual signature. Like the name electronic signature suggests itself, there’s no need to print out any hard copies for signing the document. Electronic signature can be done either just with a mouse click or by tracing the actual signature using fingers.

When selecting an electronic signature solution it’s important to consider the security measures provided by the vendor. From the secure storage of the signed electronic documents to recording the audit trail of the entire signing process, the electronic signature app should provide all such security capabilities.

But why is an electronic signature software considered the best way to electronically sign the documents? Here are a few reasons why an electronic signature solution is great for businesses.

Electronic signature software speeds up any business operation or workflow that involves gathering signatures from different parties, internal or external to the organization. It takes a lot of time to circulate a paper document among all the relevant stakeholders and getting them to quickly sign it. This means more and more delay in the more important task at hand, the bigger picture, the actual goal of the workflow. But electronic signature app makes it possible for all the signing parties to quickly access and sign the document in question.

The benefits of electronic signature solution go beyond just saving time, for they also include saving money. It’s hard to keep the costs in check when using paper for physical signatures. Apart from the cost of paper and ink, other costs like those of printing, xeroxing, scanning, etc. also accrue. Such mounting costs can especially be a liability for a small business. But since electronic signature solution does away with paper usage, the costs spent in the same automatically come down.

Another noteworthy benefit of electronic signature software solutions is that they help in keeping track of the latest status of the document that is to be signed. It means the document creator has complete control over the signing workflow. It’s possible for him to view, at any time, which party has signed the document and which party hasn’t. This makes following up with relevant people a lot easier.

Electronic signature software solutions are the progressive signing methods of the present and future digital age. They have proved their worth time and again. It’s time for businesses to break free from their paperwork hassles and leverage these potent signing methods.

How Useful is Electronic Signature in Government Sector?

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The utility of electronic signature is not limited to the private sector, it also reaches the public sector. Government agencies often struggle to keep their costs under control, but the ever-increasing paperwork does not make the job any easier. Not only do the agencies have to deal with tons of paper-related workflows for their internal operations, they also rely on the same when it comes to serving their constituents.

But now the scenario seems to be changing. As government bodies try harder to become more tech-friendly, they are turning to e-signature solutions to take their efforts to the next level. So why are government organizations ditching the traditional paper signatures and moving to eSignature solutions?

Because they want to save money!

Using e-sign solutions means less use of paper, and therefore less wastage of paper and money. Just imagine the amount of paper documents that an agency might have to print in a single day, contracts, agreements, certificates, proposals, and so many more. E -signature software definitely provides some relief from all the excessive printing! It not only brings down the paper and printing costs, but also reduces the procurement and storage related expenses.

Because they want to save time!

Backlog is a term all too familiar for any government body, because people working here are almost always buried neck deep under sheer volumes of paperwork. Working through and signing all the paperwork takes up a lot of their time, which in turn leads to processing delays. Organizing this magnitude of documents also requires a significant amount of time and energy. Meaning if one ever needs any particular document, they’ll have to first spend a good deal of time in searching that document! But with electronic signature software all the records are signed and stored in the electronic format. The documents are available for signing and sharing at the convenience of the fingertips.

And finally because they want to ramp up the security!

Maintaining the integrity and validity of documents is a major concern for the government agencies, especially when the documents in question are confidential. Esign solutions are a strong step towards ensuring the authenticity and credibility of the documents. The solutions use superior security measures to prevent any loss or tampering of the documents.

It is primarily because of these 3 main reasons why government sector is readily embracing secure electronic signatures for its operations. They have found a way to streamline their day-to-day workings as well as delight their employees and citizens by providing them with the convenience of the technology.