Forrester research estimates that every manually signed document requires a time investment of 1.3 hours and has an associated $11 cost.
An eSignature is an electronic mark attached to a digital document to represent an authorised approval, and can range in format from a digitised version of a manually produced signature on paper, a typed name, to a ticked box.
Whatever the type, eSignatures enable businesses to completely digitise a document process. An eSignature solution is effectively the missing link allowing businesses to eliminate costly paper-based processing - and saving the business both time and money.
“However, many business decision makers, and particularly those non-technically focused, can be wary of employing eSignatures,” says Emma Jobling, Head of the Cobweb team. “They say they’re worried about whether eSignatures are compliant, and raise security and cost, among other concerns.
“But these are worries that have no base. Not only are eSignatures legally-binding, completing a process and sending a document electronically can be far safer than producing printed documents and relying on an outside mailing service, while cloud-based eSignature solutions mean that no infrastructure is required and cost is via an easily managed monthly subscription.”
Businesses across the UK are increasingly moving to incorporate eSignature functionality within their daily business processes - taking advantage of the convenience, efficiency, in-built security, and environmental benefits that come with eSignature processing.
Emma Jobling continues, “To help businesses evaluate the potential of implementing an eSignature solution, we’ve put together an eBook, eSignatures and the modern workplace, looking at the features of an eSignature solution, and the benefits to and advantages of using eSignatures.
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