Using E-signatures and digital agreements to enhance hybrid working can improve your business’s ROI, efficiency and security.
1. Increased productivity
In a post pandemic world, hybrid working will be the norm and businesses need to provide workers with the tools they need to continue to be productive. One such tool is e-signature software.
Streamlining the process of gathering signatures and making contracts and agreements legally binding can save companies a significant amount of time.
Digital signatures can also make it easier for employees to sign from home or on the move. This means that they can complete important paperwork and make business deals quickly, despite being away from the office or even in another country.
Additionally, a digital signature can help to reduce costs. No longer do companies need to spend money on paper, faxes or postage. Eliminating these unnecessary expenses can save money and improve company profits. This is especially beneficial in the case of small businesses with limited budgets. Also, there is no need to worry about lost documents as the e-signature solution allows for a secure archiving of all signed documents.
2. Reduced risk of fraud
As a result of using digital signature solutions, organisations can save time and money by eliminating the need for costly courier fees, printer ink, paper and faxes.
E-signatures are a great option for any document that requires a signature, whether it’s an agreement with a new vendor or a team agreement for remote work. Many unified content management platforms with integrated e-signature functionality offer features that streamline complex document workflows, from version control and editing to final signing.
Qualified electronic signatures, for example, provide extra security by using biometric data to verify the signatory’s identity. This adds another layer of protection and reduces the risk of fraud and non-compliance. Choosing a solution that supports qualified signatures will make it easier to comply with stringent compliance and security standards. This also enables businesses to take advantage of new technologies that allow them to be more competitive.
3. Increased security
With COVID forcing businesses to embrace hybrid working, it’s time to modernize and digitize processes. Using e-signature technology, organizations can create legally binding documents that are accessible, transparent and secure.
Unlike paper-based signatures, e-signature solutions provide a complete audit trail of who signed and when.
In addition, e-signature technology is a more efficient solution. By reducing the amount of time spent signing documents and eliminating expenses associated with printing, shipping, and filing, organizations can save significantly.
To make the transition to a digital workflow smooth, HR departments need to communicate and socialize the use of e-signatures across functions and geographies. . Additionally, it is important to make it clear that using a signature doesn’t imply consent or approval. This allows signers to opt out of the process if they prefer.
4. Better customer experience
For customers and partners, the ability to sign documents digitally in real time creates a better customer experience. In addition, it speeds up the approval process for contracts and allows businesses to close deals more quickly.
Digital processes including e-signatures are essential for hybrid working. They help organisations to stay focused, keep their teams productive and support the flexibility that today’s employees expect.
If you are not yet using e-signatures to accelerate your workflows, now is the time to start. Get in touch with us to discover how you can implement a seamless, paperless experience that customers expect and enjoy. It can help you drive a stronger ROI and increase your business’s competitive advantage. Using an e-signature solution can also improve the overall security of your documents. needs read more hear
