Electronic Signatures-Entering The Digital World

ELECTRONIC signatures ENTERING THE DIGITAL WORLD Over 100 years ago people New Hampshire In 1980s, companies used Morse code and the Supreme Court in 1869 started using fax machines for delivery of important paper based documents telegraph to electronically validated the electronic accept contracts signature for the first time After its approval, till years ago on June 30th Bill Clinton signed the 12 date over 15 Million people have signed HISTORY OF E-SIGNATURES ESIGN Act to legalize 120 million the e-signatures documents in 188 countries. From the year 2000, the rate of using e-signature in business has increased exponentially BENEFITS OF ELECTRONIC SIGNATURES Benefits for Business: Get your documents signed in few minutes Real Results for Small Business People can access the signed documents from the secure cloud account Signature mortgage improved its numbers dramatically with e-signatures People can sign and send important document from any place Need 7-10 days to process an application without e-signatures Saves money and time by eliminating the need to scan, print and fax the documents Need 1-2 days to consecrate an application with e-signature Requires 45 - 60 days to close a loan without e-signature Reduces the usage of printers and papers Requires 20 days to close down a loan with e-signature Improves audit trail Customers can sign at their convenience Increases loan volume by 35% Provides high data accessibility as the e-signed documents are stored on cloud Reduces administrative and other mailing costs by 85% Reduces the carbon footprint Benefits for Larger Businesses 90% Diminished the processing errors by Bank IN BANKS Suppressed the document handling expenses by 80% 50% Moderated all future risks by IN HEALTHCARE INDUSTRY Saves Time and Money Enhances security Serves as a great source for Legal Evidence Increases efficiency IN PHARMACEUTICAL INDUSTRY More secure and tamper-evident Supports multiple authentications Simplifies the work-flow by avoiding manual processing steps like faxing, scanning and printing Paves ways for quick decision making Easy to use and just click to capture the signature for fast adoption What free handwritten signatures are costing your business? For every signed document, Four Extra Copies. .50-75. 10,000 of similar documents are required Maintaining paper records is times more expensive in comparison to electronic records Every year over paper pieces are used by an office $20,000 The estimated cost in filling a standard filling cabinets is more than Security is the major concern for most of the businesses that carry out online transactions. Electronic signatures enable strict security measures in order to prevent the signature tampering. ARE E-SIGNATURES SECURED? E-signature includes different stamping methods and enforces various authenticating measures to ensure the authenticity of signer. COMMON USES OF ELECTRONIC SIGNATURES To Sign leasing agreements and other rental agreements To Sign Various Bank To Approve and Conclude Project Documents and Estimates Insurance Forms Electronic Signatures are used for different kinds of transactions and documents and are used for both To Sign commercial and personal Contracts, invoices and other work purpose To Sign different form types related to related orders Schools, Colleges To Sign Agreements Related to and Universities Clients FACTS OF E-SIGNATURES According to ESIGN act, the strength of e-signature E-signature is a symbol or a process executed by a person varies from one state to with an intent to sign the Record another in US. Generally E-signatures can be a typed text, an image or a E-signatures can be easily retrieved and they are Holographic signature. 100% ink free and paperless. arororororo It takes only 1 minute to sign a Few documents like agreements, 19's, applications and contract forms can be accepted with document and they can be accessed either from home or work place. e-signatures. Providers of electronic signature Mostly service providers record service take necessary measures the IP address of signer, GPS to ensure the integrity of signature. location or a photograph of the signer. HOW E-SIGNATURE DIFFERS FROM DIGITAL SIGNATURE? Electronic signature and digital signatures often lead to confusion, even though they are different technologies. These two solutions are used for electronifying signatures on the key business documents. Electronic Signature: Tagree-or-IAccept- before signing a document It allows users to tap on the " " or " Vendors are provided with various features that include ability to add images or written signature. to the document. Digital Signatures: It's a simple Ulgital Code that is embedded into the signed document. validates the document and identifies the sender signature. It guarantees extensive data integrity and disapproval of transactions. 5 BEST ELECTRONIC SIGNATURE SOFTWARES Siganow A ADOBE ECHOSIGN DocuSign.. hello sign RightSignature Designed by: sampletemplates.org graphs.net ELECTRONIC signatures ENTERING THE DIGITAL WORLD Over 100 years ago people New Hampshire In 1980s, companies used Morse code and the Supreme Court in 1869 started using fax machines for delivery of important paper based documents telegraph to electronically validated the electronic accept contracts signature for the first time After its approval, till years ago on June 30th Bill Clinton signed the 12 date over 15 Million people have signed HISTORY OF E-SIGNATURES ESIGN Act to legalize 120 million the e-signatures documents in 188 countries. From the year 2000, the rate of using e-signature in business has increased exponentially BENEFITS OF ELECTRONIC SIGNATURES Benefits for Business: Get your documents signed in few minutes Real Results for Small Business People can access the signed documents from the secure cloud account Signature mortgage improved its numbers dramatically with e-signatures People can sign and send important document from any place Need 7-10 days to process an application without e-signatures Saves money and time by eliminating the need to scan, print and fax the documents Need 1-2 days to consecrate an application with e-signature Requires 45 - 60 days to close a loan without e-signature Reduces the usage of printers and papers Requires 20 days to close down a loan with e-signature Improves audit trail Customers can sign at their convenience Increases loan volume by 35% Provides high data accessibility as the e-signed documents are stored on cloud Reduces administrative and other mailing costs by 85% Reduces the carbon footprint Benefits for Larger Businesses 90% Diminished the processing errors by Bank IN BANKS Suppressed the document handling expenses by 80% 50% Moderated all future risks by IN HEALTHCARE INDUSTRY Saves Time and Money Enhances security Serves as a great source for Legal Evidence Increases efficiency IN PHARMACEUTICAL INDUSTRY More secure and tamper-evident Supports multiple authentications Simplifies the work-flow by avoiding manual processing steps like faxing, scanning and printing Paves ways for quick decision making Easy to use and just click to capture the signature for fast adoption What free handwritten signatures are costing your business? For every signed document, Four Extra Copies. .50-75. 10,000 of similar documents are required Maintaining paper records is times more expensive in comparison to electronic records Every year over paper pieces are used by an office $20,000 The estimated cost in filling a standard filling cabinets is more than Security is the major concern for most of the businesses that carry out online transactions. Electronic signatures enable strict security measures in order to prevent the signature tampering. ARE E-SIGNATURES SECURED? E-signature includes different stamping methods and enforces various authenticating measures to ensure the authenticity of signer. COMMON USES OF ELECTRONIC SIGNATURES To Sign leasing agreements and other rental agreements To Sign Various Bank To Approve and Conclude Project Documents and Estimates Insurance Forms Electronic Signatures are used for different kinds of transactions and documents and are used for both To Sign commercial and personal Contracts, invoices and other work purpose To Sign different form types related to related orders Schools, Colleges To Sign Agreements Related to and Universities Clients FACTS OF E-SIGNATURES According to ESIGN act, the strength of e-signature E-signature is a symbol or a process executed by a person varies from one state to with an intent to sign the Record another in US. Generally E-signatures can be a typed text, an image or a E-signatures can be easily retrieved and they are Holographic signature. 100% ink free and paperless. arororororo It takes only 1 minute to sign a Few documents like agreements, 19's, applications and contract forms can be accepted with document and they can be accessed either from home or work place. e-signatures. Providers of electronic signature Mostly service providers record service take necessary measures the IP address of signer, GPS to ensure the integrity of signature. location or a photograph of the signer. HOW E-SIGNATURE DIFFERS FROM DIGITAL SIGNATURE? Electronic signature and digital signatures often lead to confusion, even though they are different technologies. These two solutions are used for electronifying signatures on the key business documents. Electronic Signature: Tagree-or-IAccept- before signing a document It allows users to tap on the " " or " Vendors are provided with various features that include ability to add images or written signature. to the document. Digital Signatures: It's a simple Ulgital Code that is embedded into the signed document. validates the document and identifies the sender signature. It guarantees extensive data integrity and disapproval of transactions. 5 BEST ELECTRONIC SIGNATURE SOFTWARES Siganow A ADOBE ECHOSIGN DocuSign.. hello sign RightSignature Designed by: sampletemplates.org graphs.net