Electronic Signature Benefits for all Industries
Updated: Jun 23
All industries would benefit from secure electronic signatures which provide validated identities, document integrity and the assurance of nonrepudiation.
Some industries must meet additional industry or government regulatory requirements that include compliance and audit trails. An example would be the banking industry’s Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations that require valid and authenticated identity for opening bank accounts. Other countries have strict government privacy laws requiring the security of personal data to be protected and remain untampered.
Using secure and trusted digital signatures such as DocuSign provides any industry with authenticated identities, tamper-proof documents, and higher levels of assurance around documents.
The electronic signature world is certainly expanding in usage and popularity across many sectors, even some which did not previously accept eSignatures, despite their legal validity. Here are just a few reasons why all industries should adopt eSignatures:
One of the main appeals of e-Signing is how convenient it is. With an electronic signature, you can full digitise your administrative processes and sign documents online. Therefore, you eliminate the need for traditional paper-based admin and significantly speed up your document signing processes, reducing turnaround time from weeks to days.
During these times of economic instability, many businesses are trying to curb expenditure and conserve funds. Switching to electronic signatures has the potential to save businesses a significant amount of money. Since you will no longer need to buy paper and printing supplies or pay postage fees, you can effectively eliminate these costs. Your business would also save money on filing supplies as there would be no need to store vast amounts of paper documents.
The key to a productive and optimised workflow is efficiency. Electronic signatures and document digitalisation can improve efficiency and productivity for companies of all sizes. The time your business spends on printing, emailing, posting and scanning documents is all time that could be spent on growing your business and doing other much needed tasks.
How we can help
As a DocuSign partner, we can provide the complete e-signature solution together with our market leading DMS integration solutions.
DocuSign truly streamlines administrative tasks and document signing processes, helping organisations save valuable time and increase productivity.
Designed with maximum productivity in mind and includes features such as unlimited and reusable document templates, reducing document preparation time and automating your business processes is anticipated immediately.
In addition, Blue Car Technologies have a comprehensive range of DMS integration solutions based on enhancing the function of iManage Work, OpenText eDocs, NetDocuments and Worldox Document Management System. Integrating DocuSign APIs to allow seamless electronic signatures within a document management environment.
Contact us today to learn more.