Why Your Business Must Embrace Electronic Signature Platforms? | Boilerplate

The world of business is increasingly becoming data-driven, and we are relying upon hyper-connectivity and instant access to files and information to boost productivity. Hence, the old and conventional ways of signing and validating documents haven’t been able to keep pace with the growing demands. This is where electronic signature platforms can be of great help. Though eSignatures aren’t a new concept, it is only in recent years that they have been mass adopted in the world of business across industries. If you still need convincing on the benefits of Electronic Signature Platforms, read on…

# Security of Documents

Security of your documents is non-negotiable. Corporate espionage, phishing, and unauthorized access to documents can hurt your business dearly. Electronic signatures are the best way to secure your documents and ensure they are accessed only by the people they are intended for. Electronic signature platforms use state-of-the-art encryption technology that protects your documents from being accessed during transmission or when they land up with an unintended person.  

# Saves Time

Signing documents doesn’t take time! Yes, few seconds are enough to sign a document. But you must add the time it takes to print, scan, and post these documents or when a person in your organization is tasked with signing hundreds of documents every single day. This process not only takes time and valuable resources but also has an opportunity cost to it. By moving over to electronic signature platforms, you can save hundreds of man-hours annually and have your team members focus on core business activities.

# Speed Up Decision Making            

Not all organizations can take and implement decisions at lightning speed. Most organizations take time to arrive at decisions and the time taken to get documents signed by multiple stakeholders is one of the primary factors contributing to this delay. Switching to eSignatures can speed up the decision-making process and let your business leverage the emerging trends in the market.  

# Track Workflow               

By opting for digital signatures you will be able to track the workflow of the entire process of sending and receiving documents. These applications have advanced features that let you track when a document is opened, signed and the person responsible for the delay in the workflow. Achieving the same manually or through a trail of emails is a tedious task and yet doesn’t guarantee 100% success.

# Easy Retrieval of Documents        

With Electronic Signature Platforms all your documents signed using these platforms are stored in a central document storage system. This allows quick and easy access to important documents of the past. You can retrieve any document easily. This would save your team thousands of hours every year that otherwise goes into searching for files in document cabinets, electronic drives, and the cloud.

There are dozens of Electronic Signature Platforms offering you plenty of benefits and features and you must choose one based on the exact needs of your business. It would be wise to rely on a consultant who has in-depth knowledge in helping you choose top-notch eSignature platforms.  

Summary – Electronic Signature Platforms can protect your documents and help track the workflow easily. Here we discuss some of the benefits your organization can derive by embracing Electronic Signature Platforms.