How eSignatures can Accelerate Growth for Law Firms
eSignature technology has been growing steadily since its inception, but the COVID-19 pandemic sent it into overdrive. Businesses including law firms had to shift the way they operate to stay afloat, and remote work environments demanded the availability of eSignature solutions.
Electronic signatures offer many benefits beyond remote work environments, especially for law firms. In a world with consumers wanting more convenience and flexibility, law firms need to stay ahead of the curve and embrace the disruption.
If your law firm has yet to enjoy the benefits of an eSignature tool, right now may be the perfect time to try it out.
Firms have always relied on paper documents for conducting daily business. However, procuring business documents can be a tricky affair. It includes checking for any errors or misspellings. Not to mention the printing and posting costs that increase the overhead costs for a company of any size. This is where modern automation technology like electronic signatures can be a game changer. eSignatures can digitise the entire signing process.
Minimises Security Risks
Electronic signatures can simplify operations and provide advanced security against online risks. With various countries backing the technology by making it a law, businesses adopting it will be at the forefront of the competition.
An electronic signature solution will allow firms to digitise all documents and attain signatures from all parties from any location or device.
Businesses using eSignatures have experienced a reduction in turnaround time by 80%.
Electronic signatures bring convenience and ease of use to any process, and are a valuable asset for organizations of any size. The bigger the size, the more pivotal it becomes to have documentation in order. It has many use cases, including the online signing of purchase orders, hiring papers, contracts, invoices, and other related documents.
Law firms can collect signatures and approvals on documents from clients or employees, no matter where they are. As more lawyers are working remotely and clients expect more virtual correspondence, the convenience and seamless customer experience of eSignatures is unrivalled. With no limits to how many documents you can send for signature, your team and clients won’t ever have to stress about searching for and sending documents.
Easier Hiring Process
Human resource processes can be paper-intensive. These processes involve filling up numerous forms such as social media policy, a non-disclosure agreement, an offer letter, and so on. Electronic signatures can automate the entire process and save on printing costs and TATs.
Small and midsized firms can now negotiate with vendors and distributors via an electronic contract. Trusted eSignature solutions like DocuSign help firms sign sensitive agreements and contracts safely and instantly.
Electronic signatures provide a way to transform processes and allow businesses to reduce their paperwork. They are a cost-effective alternative to traditional wet ink signatures. They are simple to set up and more accessible to store documents for later retrieval.
The advantages of eSignatures aid in making businesses digitally forward and paving the way to reach more legal clients. Keeping internal processes smooth is essential to gain a competitive edge. For firms looking to organize documents digitally and sign electronically, DocuSign is the way to go.
As a DocuSign partner, we can provide the complete e-signature solution together with our market leading DMS integration solutions. Blue Car Technologies’ product portfolio is 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.