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The ESIGN Act is a federal law passed in 2000. It allows an electronic signature (eSignature) to be considered as legal as an ink signature on a piece of paper. Two decades later, there are a myriad of options for eSignature. DocuSign has the largest market share, with approximately 74%. However, it is not the only top contender.
Artificial intelligence (AI), databases, search engines, and technology that is created daily are changing the legal world.
An electronic signature is a replacement for handwritten signatures in the digital world. It can be used as a replacement in all types of digital documents or forms, it has the same legal standing as the handwritten signature. Most of the organizations are still using the paperwork for contract management and this would involve printing out the contracts, signing the documents physically, and scanning them to fax, all done manually. But by adopting a contract management software you can avoid all those massive roadblocks and ensure efficiency in your workflow. If you have E-signature capabilities, combined with the document handling capabilities of a contract management system, you can streamline your contract workflow. Here in this blog, we talk about how you can make the best out of E-signature capabilities. How can you create one? How to manage them etc.
Having the best technology and solutions available in the market gives your business a great advantage over others. This competitive edge can be achieved in many ways. From recruitment to picking technology for your workforce, there needs to be a constant focus on what your business requires to stay on top. Electronic Signature Solutions are one such smart technology solutions modern businesses acquired and are frequently using in the last few years. As businesses around the world are going paperless in all sectors of business, setting up a perfect Electronic Signature Solution for your business is important. Today we are going to provide you with a list of top 20 best electronic signature solutions available for businesses in 2021.
Imagine printing out contracts, putting them into envelopes sending them across to clients or vendors and patiently waiting for them to be signed and returned ! Workplace experiences that are passe' and we are more than happy. Isn't it ? Well, all thanks to technological advancements that led to digitization of Contract Management.