How far have we come in recasting our old school ways from using a quill pen to a fountain pen to a ball pen or a gel pen for writing or signing or scribbling or doodling? Although we are not the generation born in the age of the Quills, we surely are the ones who loved using a fountain pen! Well, that is just about us, the millennials, but what about the big businesses? Are we not in the digital era already? Every business today has been securing digital transformation to every extent that they can. We can say that digital transformation is taking over the world, be it mailrooms or lockers or printing services or human capital management or, for that matter, even signatures.

A signature is a mark of acceptance, authority, approval, or even obligation in some cases. While we live in a generation where globalization has cruized every level, then why not globalize signature workflows? When personnel of an organization can sign and send a document just with a few clicks from one country to another, then why not digitize?

E-signatures have become an integral part of globalization, which is far more cost-effective, efficient, a big time-saver, paper saver, and a modern way of being in the business. Hence, the usage of electronic signatures is reaching the skies and, of course, will the market for e-signatures.

So, what does Exela’s DrySign do?

It is just an uncomplicated and protected electronic signature platform to maneuver your business forward. Send out documents, and obtain signatures instantly, anywhere, anytime with DrySign. Our product will help users to access and sign documents from any device, anytime, anywhere. It will electronically generate multiparty signature requests enabling users to specify a preferred order of signature execution. With DrySign, you can obtain online signatures in a snap, set up reminders, and receive email notifications. It has the capability of storing documents with a complete audit trail, facilitating every user to search and download executed documents.

So, why just sign? When you can DrySign.

Experience DrySign for free

Exela constantly aims to change for the better in the field of technology and is breaking the anomaly of using paper while opting for paperless transactions.

E-signature platforms are taking the business and consumer world by storm, with the current market size of $3.4 billion and growth expected to reach $5.5 billion by 2023*. Electronic signatures have been recognized by law in the US since 2000. One of the ways that Exela is going paperless is by globally using our proprietary eSignature platform ‘DrySign’.

• Reduced Turnaround Time
• Location Agnostic
• User Friendly
• Augmented Security
• Easy Third Party Amalgamation
• Environmental Sustainability

Exela’s Five W(s) that makes us stand different

What:

DrySign is a cloud-based electronic signature platform that helps businesses make document execution a paperless process. Signed documents are digitally archived and are easy to search and retrieve.

Who:

Signing documents is a dime a dozen in all the businesses. DrySign can be used by individuals, large scale and small scale organizations from different verticals such as Banking and Finance, Healthcare and Insurance, Public Sector, Legal, Manufacturing, and Retail.

When:

With the ongoing COVID-19 pandemic, now is the time for a change, and with contactless document processes businesses can stay safer during this crisis. DrySign is one of the mediums which help organizations reduce their business dependency on paper-based practices.

Also read: Seamless Remote Work with Electronic Signatures

Where:

Drysign can be used to remotely sign, access, manage, and send documents from any device, anytime and anywhere.

Why

• Reduced Turnaround Time: Request to sign and signed documents shared faster than ever
• Location Agnostic: Sign documents anytime, anywhere in real-time
• User Friendly: Easy-to-use and adaptable
• Smooth Amalgamation: Integrates with a wide range of third-party systems/software
• Environmental Sustainability: DrySign takes paper and ink out of the closing equation. Not to mention the indulgence of postage, printers, toners, and printer maintenance reducing the waste.
• Augmented Security: Digital-signature-enabled electronic signatures reduces the possibility of forgery and other forms of fraud.

Use DrySign for free

DrySign- Where businesses feel secure

In the digital age, impersonation and cyber-crime are a hidden menace to the growth of businesses across the globe. Trust, once broken, often results in organizations resorting to the old school of thought of physical signatures that are reliable and can be mapped to a trusted source. With electronic signatures, cyber-crimes involving identity theft and personal data breach are generally performed by attackers to sabotage operations. 

So, how do we establish a cyber-proof electronic signature platform, which is not vulnerable to our ever-increasing population of attackers equipped with tools like malware, to name a few?

Our software architects have thought this through while designing DrySign, our secure signing, and document archiving platform. Documents on DrySign are encrypted using 256-bit encryption, which validates signer authentication, non-repudiation, document integrity, and time-stamping. A complete audit trail of all stored documents ensures compliance with legal and regulatory requirements. 

Also Read: Ink Sign to DrySign - For the Spirit of Kaizen

DrySign is a standalone product sold as a cloud-based software-as-a-service (SAAS) product. As such, the architecture platform does not require internal deployment, which can prevent malicious attacks at an organization’s network layer or the application layer where the server and database are hosted. A secure, electronically signed document is the final service deliverable. All signing components are hosted and maintained by Exela. There is no hardware investment or maintenance, and no internal cryptographic required.

During the Covid-19 pandemic, where working from home has become the “new normal,” several large, medium and small-sized businesses are willing to explore an innovative and trusted platform to accelerate decision making and execute plans with minimal red-tapism. 

Start DrySigning for free!

Upon hearing the term ‘digital signature’ or ‘electronic signature,’ it is easy to assume that it is a recent addition to the list of sudden technological leaps. However, the COVID-19 pandemic has only emphasized the significance of it. The idea of a digital signature has been around for quite a long time. The notion of electronic signatures was first suggested in 1976 by American cryptologists Whitfield Diffie and Martin Hellman. Their research paper 'New Directions in Cryptography' presented concepts like public-key cryptography and digital signatures.
 

RSA Algorithm: The first instance of digital signature to be practically implemented

In 1977, Professor Ronald Rivest, Adi Shamir – an Israeli cryptographer, and Leonard Adleman – an American Computer scientist, came up with a cryptosystem called the RSA algorithm (Rivest - Shamir – Adleman algorithm). This algorithm used prime numbers, modulo operations, digital signatures, and much more to transmit data securely. This was the first rudimentary instance of a real-life digital signature being attached to an electronic message. Although this was relatively slow, Leonard Adleman received the Turing Award in 2002 for this algorithm.

Lotus Notes 1.0 – A groundbreaking product

Right after RSA, many companies started building solutions based on the algorithm to make digital signatures easily available. The first widely marketed software package which included a digital signature was the Lotus Notes 1.0. Back in 1987, Lotus bought the rights to notes, and the first release was shipped. Sheldon Laube, the CIO of Price Waterhouse, was instantly sold at the notion of such a radical solution. So much so that he bought 10,000 copies. This was considered as the biggest sale of a single software product. In 1995, IBM purchased Lotus to acquire the Notes technology.

The ESIGN Act and ISO 32000

By 1999, digital signatures were floating around and were embedded in PDF documents. In 2000, President Bill Clinton passed the Electronic Signature in Global and National Commerce Act (ESIGN). With this act, the government established that digital signatures would carry the same legal value as a traditional signature. Thanks to this legislation, products like DrySign stand as a secure and legitimate channel for digitally signing documents.

In 2008, ISO 32000 makes PDF a standard format and includes digital signatures as an integral part of the format. Ever since it has been the primary tool to get documents signed over the internet.

Also read:

1. Signing on the Dotted Line? Go for E-Signatures!
2. DrySign Freemium has Arrived – Here’s Everything You Need to Know

Conclusion:

Today, digital signatures have established firm roots in almost every sector. Hiring in this lockdown has been more comfortable and convenient, thanks to digital signatures. Many people working from home have been using a digital signature to simplify the process of exchanging signed documents. Considering the tight security measures provided by digital signature solutions like DrySign, this major paradigm shift has become permanent. Litigation and finance firms processing countless signed documents have experienced an exponential rise in productivity with such radical solutions. Looking back at the booming era when such a digital solution was created and what it has evolved into, the future of document signing and processing appears to be promising.

References:

History of digital signatures: https://www.signix.com/blog/bid/108804/infographic-the-history-of-digital-signature-technology#:~:text=1977%3A%20Ronald%20Rivest%2C%20Adi%20Shamir,kind%20of%20primitive%20digital%20signature&text=1999%3A%20The%20ability%20to%20embed,makes%20digital%20signatures%20legally%20binding 

RSA Algorithm: https://www.sccs.swarthmore.edu/users/10/mkelly1/rsa.pdf

History of Lotus Notes 1.0: https://www.ibm.com/developerworks/lotus/library/ls-NDHistory/ls-NDHistory-pdf.pdf 
 

Start DrySigning for Free

A wide array of features and functionalities for no charge makes DrySign a hard-to-refuse package

The recent pandemic has not been kind to the world, but there is a silver lining here. We have been pushed to come up with smart solutions and forcefully digitize manual tasks. It was the nudge that has resulted in many paradigm shifts recently. One might think the idea of a digital signature is one of them, but the truth of the matter is that the concept of electronic signatures has been around for a while. What has been missing is a comprehensive package that ticks all the right boxes and goes beyond a conventional digital signature solution.

That’s where DrySign comes into the picture. It is a holistic approach towards procuring signed documents over the internet. And now it is available in a freemium1 version!
Be it supply chain management, banking, education, hiring, manufacturing, or any other domain, the need for signing documents never goes down. What might go down is the cost, effort, and time required to manage the cumbersome process. With DrySign, dispose of the tedious manual cycle of obtaining signed documents and with the freemium version, you can choose to get started for free. Unshackle your business from all the bottlenecks and obstacles which take a toll on operational efficiency.

Enjoy a long list of freemium features and witness the difference.

• 5 Documents/Month
• 1 Template/Month
• Self-sign
• Group Sign
• Signatures: Type, Draw, or Upload
• Document Tracking: Notify, Remove, Reassign
• MFA & Verified by a Trusted Certification Authority
• Audit Trail with Time stamps
• Upload PDF using Google Drive
• Upload PDF using Dropbox
• Upload PDF using OneDrive
• Google Sign In

1Restrictions apply

Go contactless and paperless while saving real-time money with DrySign freemium. Image a scenario where you must send signed documents to a different part of the world; the shipping charges alone are significant. Be it any sector, getting secure and verified signed documents is tied directly to customer experience quality. In industries like banking, legal, and finance, paperwork is the lifeblood that directly impacts customer satisfaction levels. By cutting down the turnaround time of one of the most tedious processes in the chain, the company focuses on its core functionalities and provides the best customer experience.

Also Read: The Business Benefit with Electronic Signatures: Use Cases for Your Industry

Why should I consider using DrySign freemium

Implementation of DrySign is undoubtedly a big step, but it’s a step in the right direction. And when it’s free it’s even better. Take a look at why you should start signing with DrySign:

1. Digital Signatures are legal

   The Electronic Signatures in Global and National Commerce Act (ESIGN) is a federal law that states that an electronic signature may not be denied legal effect, validity, or enforceability solely because it is in electronic form.

2. Secure like a fortress

   DrySign has state-of-the-art security measures in place to prevent document access by unauthorized users or users, making a copy of sensitive information.

3. Convenience factor

   Being a web-based application, it is accessible from virtually any internet-enabled device.

4. Reduced hardware requirements

   Eliminate the dependency on scanners and printers to get the documents signed. Also, by doing so, go green and stay a sustainable business by saving paper by saving paper.

Transform your company’s administration, get started with DrySign for free today!

1 Restrictions apply.

Start DrySigning

Digital transformation is changing the way the world interacts and conducts business. Consistent with this trend, Exela is excited to introduce ‘DrySign,’ our convenient and secure electronic signature platform.

• No paper or printer required: DrySign is an electronic signature solution to draft, execute, and administer contracts – anytime, anywhere, from any device
• Signatures at the speed of light: Enables contract finalization in real-time, eliminates delays from printing, overnight shipping, and interoffice delivery
• Rethink the cost of paper and ink: Eliminates postage, printers, toner, and fleet maintenance costs
• Seamless integration, secure storage: Easily integrates with corporate solutions as well as third-party products supporting electronic signatures. Executed documents and documents in the process are stored in the cloud – securely archived and fully searchable, no physical storage is needed

DrySign – Benefits – General 

DrySign saves time and resources:

• A complete audit trail enables search and download on-demand via continuous e-document cloud storage
• DrySign is a digital transformation tool supporting complete paperless transactions. It is an environmentally friendly option that eliminates costs while being a sustainable solution
• Multiple signatory capability improves the speed of finalizing contractual agreements
• DrySign’s 256-bit encryption ensures user security worldwide
• DrySign easily integrates with other products requiring an electronic signature

DrySign – Benefits – Technical Phrasing

• Reduction in OPEX (operational expenditure)
  • Paperless signatures save logistic, paper, and printing costs
  • No need for file cabinets or additional capacity to store paper
• Reduced Business Risk
  • Secure signing and document archiving
  • Documents are stored electronically with a complete audit trail
  • Search and download executed documents
• Accelerated Processes
  • Fast and effective signature execution
  • Location agnostic, digital experience
• Increased Efficiency and Productivity
  • No need to manually print and sign documents
  • Eliminate time spent manually tracking and following up

Also Read: Where Businesses Feel Secure and Guarded  

DrySign – Compliance
DrySign provides a compliant electronic signature technology that assures signed documents are legally binding.

• DrySign adheres to industry and regulatory standards, such as:
  • US ESIGN
  • UETA (Uniform Electronic Transaction Act)
• Cloud-Based Service: All signing components are hosted and maintained by Exela. There is no hardware investment or maintenance, and no internal cryptographic required.

Try DrySign for free now!

Signatures play a pivotal role in our lives. Signing your name on to a covenant not only binds you to adhere to it but also symbolizes your acknowledgment. Apart from a signature's legal significance, there is a quirky branch of science dedicated to finding out the deeper implications of signatures. Signatures tend to reflect some traits of the person who signs it. Some of the most legendary people in the world have some of the most distinctive signatures.

Let’s check out few of the most iconic signatures of all times:

1.Pablo Picasso:

This artistic signature reflects the creativity of a man whose first word was 'pencil.' Pablo Picasso was formally schooled in arts since the age of 7 by his father, Ruiz Blasco. By the age of 13, Pablo Picasso had surpassed his father, which made Ruiz give up painting. Despite being a great artist, he was a terrible student. He was frequently thrown into detention because of his royal ignorance towards instructions given by teachers.

2.Walt Disney:

Walt Disney's signature is as quirky and eye-catching as his work. His first iconic cartoon character was Oswald, the lucky rabbit, which he created under contract with Universal Pictures. Since the studio owned Oswald, the lucky rabbit's rights, Walt Disney created the beloved Mickey Mouse after leaving Universal Pictures.

3.Buzz Aldrin:

This beautifully embellished signature of Edwin Eugene Aldrin Jr. reflects his view of outer space. His iconic nickname "Buzz" came from his sister Fay Ann. While growing up, she would often call him "buzzer," which was her way of pronouncing "brother." His relatives shortened it further down to "Buzz," and by the 1980s, Edwin Aldrin had officially become Buzz Aldrin.

4.Bruce Lee:

The strokes in his signature reflect his precision and agility for which he is known for. A fact that might be little known about Bruce Lee is that he was partly German. His grandfather was a purebred German catholic, making it really difficult for him to secure his place in some of the top Kung Fu schools.

Also Read: DrySign Freemium has Arrived – Here’s Everything You Need to Know

5.Albert Einstein:

Albert Einstein’s signature focused more on his last name, which is interesting because he renounced his German citizenship. After the first president of the State of Israel, Chaim Weizmann died in 1952, the Prime Minister asked Einstein to step into the role. He turned it down as he felt he lacked experience to deal with people.

6.Michelangelo:

The artistic signature of Michelangelo looks more like a fine piece of calligraphy. Even when he was 74 years old, the Catholic Church summoned him to assist them in completion of St. Peter’s Basilica. He worked for 14 years, supervising the construction and sending designs to the foreman.

7.William Shakespeare:

This highly articulated signature perfectly encapsulates one of the most influential writers in human history. William Shakespeare is the second most quoted writer having written one tenth of the most quoted lines ever spoken or written in English.

8.Rabindranath Tagore:

This enigmatic signature belongs to an equally enigmatic mind. Rabindranath Tagore was one of the most brilliant minds of India with some of the most prominent achievements. He was knighted by King George V for his work in literature which he renounced after the Jallianwala Bagh massacre in 1919.

9.Elon Musk:

This time-efficient signature belongs a genius, billionaire, and philanthropist. Elon Musk developed a game called “Blastar” at the age of 12 and sold it $500. He even purchased the submarine car which was featured in the James Bond movie “The Spy Who Loved Me”.

10.Kobe Bryant:

This legendary American basketball player grew up in Italy and had fans all over the world. His parents were particularly fond of a Japanese delicacy called “Kobe Beef,” so much so that they named their son after it.

11.Queen Elizabeth II:

This royal signature belongs to the monarch of the United Kingdom and other Commonwealth realms. Queen Elizabeth II was the first female member of the royal family to join the armed forces. She joined the Auxiliary Territorial Service during the Second World War.

12.J.K. Rowling:

This signature belongs to the famous author J.K. Rowling. She was the first person to become a billionaire solely by writing books.

13.Amelia Earhart:

This signature belongs to the first female pilot in the world. Her birthday, 24th July, is celebrated as Amelia Earhart day to commemorate her adventurous and intrepid spirit.

14.Oprah Winfrey:

This articulate signature belongs to one of the most influential women in the world. As a child, Oprah used to recite Bible verses during her visits to the church. As a result, she has been nicknamed ‘the preacher.’

Try DrySign for free now!

References:
Bruce Lee facts: https://www.scoopwhoop.com/inothernews/bruce-lee-facts/
Buzz Aldrin facts: https://www.portablepress.com/blog/2015/07/6-world-facts-buzz-aldrin/
Pablo Picasso facts: https://www.pablopicasso.org/picasso-facts.jsp
Walt Disney facts: https://www.inc.com/larry-kim/31-surprising-facts-about-walt-disney.html
Albert Einstein facts: https://www.nationalgeographic.com/news/2017/04/einstein-facts-science-genius/
https://www.mentalfloss.com/article/573985/albert-einstein-facts
Michelangelo Facts: https://www.walksofitaly.com/blog/art-culture/interesting-facts-about-michelangelo
William Shakespeare facts: https://www.nosweatshakespeare.com/resources/shakespeare-facts/
Rabindranath Tagore facts: https://collegedunia.com/social/160-10-lesser-known-facts-about-rabindranath-tagore-which-show-his-prominence
Elon Musk facts: https://indianexpress.com/article/technology/social/elon-musk-tesla-spacex-things-you-probably-didnt-know-about-5711268/
Oprah fun facts: https://www.inc.com/larry-kim/18-bizarre-facts-about-oprah-winfrey.html
Amelia Earhart facts: https://www.ducksters.com/biography/women_leaders/amelia_earhart.php
Queen Elizabeth II facts: https://www.harpersbazaar.com/celebrity/latest/g22677524/queen-elizabeth-facts/
J.K. Rowling facts: https://www.thefactsite.com/j-k-rowling-facts/

Unlike other industry verticals, most of the operations of the legal sector are neck-deep in paperwork. Preparing, printing, scanning, emailing and following up on agreements & notices shackle and severely limit the operational capacity of legal firms. Relying on manual methods in the digital era means risking your customer base because of slow turn-around times and complex processes. Looking at the saving potential and the dire need for digitization, digital signature solutions like DrySign enable law firms by accelerating the processes, reducing costs, and providing better security measures.

Combating the inefficiencies caused due to traditional methods with digital countermeasures should be one of the top priorities. Given the competitive landscape of the market, where the spotlight is on providing value and quality service to the customer, digital signatures eliminate the need for the customer to come to office premises and physically sign the documents. This puts the company ahead of the curve and ensures the client's fidelity towards the firm.

Digital signatures make operations faster, more efficient, and secure for delivery of legal services like:

1. Insertion Order
2. Copyright Notice
3. Patent Application
4. NDA
5. Cease and Desist Letter
6. Litigation Notice
7. Corporate Mergers & Acquisitions

Also read:

1. DrySign Freemium has Arrived – Here’s Everything You Need to Know
2. The Business Benefit with Electronic Signatures: Use Cases for Your Industry

Digital Signatures as a part of System of Agreement:

The term System of Agreement or SofA refers to a collection of software or a software suite that helps a company manage agreements. In law firms where the system exists in various manual fragments, there lies a high probability of inconsistencies that might result in redundancies, errors, or other operational costs. To avoid such hurdles, a modern System of Agreement connects the entire spectrum of the agreement management process end-to-end. The four fundamental pillars that constitute the system are:

1. Prepare
This stage involves the drafting of the agreement and seeking the necessary approvals through a specific workflow.

2. Sign
Once the agreement is drafted and approved, it must be signed via legit, secure, and robust digital signature solutions like DrySign that provide tracking, storage, and concrete audit trails.

3. Act
This phase involves updating the system with the agreement status, collecting the payment, and initiating internal company procedures as specified in the agreement.

4. Manage
In this step, the document is stored online in a digital repository for easy retrieval.

When we look at the process carefully, it is apparent that implementing a digital signature solution like DrySign not only takes care of the signing and managing stages but also facilitates the acting stage as it can be easily integrated with other central ERP systems. This system proves to be ideal for the B2B sector because of the highly fertile ground for corporate alliances and mergers where multiple organizations, including law firms that come together to work in tandem.

Conclusion:

Looking at the volume of signed documents that flow through the legal sector, it needs a smart alternative more than other verticals. It can be said with absolute certainty that the tide of digital transformation is going to keep on rising, and the legal sector can make the most out of it, starting from digital signatures.

Source: https://www.revv.so/blog/sales/know-about-system-of-agreements/

Sign Up for a Free Trial

The successful operation of any telecommunication industry rests on three pillars. Customer experience, service delivery, and performance. The quintessential problem statement revolves around the question, "How to utilize digital transformation to maximize profits while minimizing other costs?" The key is to narrow down to the manual aspects and look for digital alternatives. For an industry that thrives on positive customer experience, ensuring smooth onboarding and catering to the customer's dynamic needed to forge a lasting connection is one of the top priorities.

While the picture of a digital tomorrow is imminent, we see a staggering number of major players (not only from the telecom industry but also from other domains as well) being hesitant to initiate the transition. 

From enrollment form to KYC, the telecommunication industry processes a significantly high volume of signed documents. This opens the company up to errors and operational inefficiencies while slowing down the processes, thereby affecting the customer experience.

Also read: DrySign Freemium has Arrived – Here’s Everything You Need to Know

Here are four compelling reasons why telecom industries should switch to digital signatures:

1.    Operational Catalyst

Implementing a digital signature solution like DrySign will facilitate virtually every aspect of business operation from the sales cycle to service provision. Powered with easy integrations for CRM applications, online document storage & archival, real-time notifications, signature status tracking, and many more such features, electronic signature solutions streamline operations, enabling the companies to shift their focus towards strengthening the core functionalities and product innovation.

2.    Legitimate & Secure

The UETA act ESIGN act passed in the year 2000, grants legitimacy to digital signatures in online transactions, agreements, or contracts. With these regulations in place, digital signature solutions like DrySign ensure integrity and accountability while employing the latest security measures to prevent data leaks or document tampering.

3.    Cost-Effective

When we look at the longer run, electronic signature solutions play a major yet subtle role in eliminating hidden costs. From printing, scanning to storage and maintenance, all these costs can be easily saved using solutions like DrySign. Most of the telecom companies have multiple branches to cater to their customers. Implementation of digital signatures causes savings to grow exponentially in proportion to the number of outlets and branches. 

4.    Customer Experience

Zeroing in on customer pain points and eliminating them goes a long way in building a lasting relationship with the customer. When telecom industries start incorporating digital signatures, enrolling new customers, KYC forms, and updating their information, it becomes easier not just for the company but also for the customer. 

When we look at telecommunications companies, digital signatures play a pivotal role in simplifying and speeding up processes like authorization of new connections, internet subscriptions, mobile contracts, verification of documents, KYC, additional security certificates, seeking approval for value-added services, signing contracts with outside vendors, and many such core functions. 

Conclusion:

Digital transformation has become a matter of 'when' and not 'if'. Looking at the inevitability, saving potential, and the sheer practicality of digital signature solutions like DrySign, companies are more likely to give up on the traditional wet-ink signatures and switch to more innovative alternatives for smoother, faster, and smarter operation.

GET YOUR FREE TRIAL

An Unexpected Growth Fuel for Startups - Digital Signatures 

Ideas, innovation, and change can manifest in many forms and sizes. History is filled with companies that began with radical notions on the smallest of problems and ended up changing the world. In this age of technological marvels, such packets of talents known to us as ‘startups’ demonstrate a staggering potential to add value to this world. But in the grand scheme of things, there are many forces at play. While governments worldwide are trying their level best to make the grounds fertile for the startup sector to grow, there are other challenges to be faced. 

Operating on a slightly tight budget requires investing in smart alternatives and shedding unnecessary weight when it comes to operation. Thankfully, we live in an era where we can easily sever out manual processes and replace them with digital counterparts. The same is the case with signing documents. 

The market favors the bold, smart, and most important of all, the most efficient player. Digital signatures have been around for a while, but it is in times like global pandemic crisis, solutions like these outperform and shine.

Also read:

1. DrySign Freemium has Arrived – Here’s Everything You Need to Know
2. Seamless Remote Work with Electronic Signatures

If your startup has not yet switched to digital signatures, here are four reasons why you should:

1.    They are perfectly legal.

With a tremendous rise in online transactions, the need for a safe and legit way to bind the signatory to a written agreement, policy, or any other acknowledgment became dire. If yours is a startup with an innovative product that can sell like hot cakes on the internet, then the most practical way to seal the deal is by implementing a digital signature. Laws and regulations like the Uniform Electronic Transactions Act (UETA) and the Electronic Signatures in Global and National Commerce Act (ESIGN Act) granted legality to electronic signatures. Because of this and other factors, digital signature transactions have gone up from $89 million to $754 million in just five years.

2.    Long term Savings.

By deploying digital signature solutions like DrySign, startups can bag long term savings based on the scale of their operation and budget. Hidden costs like printing, scanning, office supplies and storage of paper documents constitute a significant portion of the budget. Smart alternatives not only eliminate these tedious aspects but also enables your startup to do what it does best. Make this world a better place, one problem statement at a time.

3.    Operate faster, safer, and smarter.

Using digital signatures can help your organization reduce various operational costs. You can reduce the turnaround time, document processing costs, and error rate by up to 80% and improve productivity by 85%. Streamlining your operations helps you free time to connect with your customers and clients. The transition to digital signatures provides faster ROI when the scale of operations is huge. 

4.    Join the “Greenitiative”.

The global picture of a paperless tomorrow is evident. All the US federal government agencies are planning to go paperless by 2022. It would be safe to predict that given the initiatives that are going on across the globe, going paperless can become mandatory in a not so distant future. So instead of waiting for that to happen, there’s no harm in reducing the carbon footprint while saving big time on time, money, and infrastructural costs.

Source:

https://www.globalgovernmentforum.com/us-federal-agencies-to-go-paperless-by-2022/

Get DrySign for free