A signature is a handwritten or electronic sign that a person accepts a legal document. From this description, electronic signatures were created to simplify the process of electronically signing documents. Therefore, you will save time and money.
After installing the software on your computer, you can sign any document anywhere, as long as your phone or tablet is connected to the Internet.
Expenses Should be Kept to a Minimum
Businesses can save a lot of money by avoiding paper signing processes and instead using electronic signatures. Because electronic signatures eliminate the need for ink, postage, courier, papers, printing, faxing, and other costs, this is possible. As a result, the organisation will be able to save a significant amount of money in the kong race.
Firms save time looking for lost or misplaced papers, filing and keeping paper documents, and meticulously filing them, among other things, in addition to immediate cost savings.
According to AIIM research, 25% of electronic signature users have experienced positive results. You’ll see a return on your investment in three months if you create online signatures.
Customer Relationships That Work
The majority of the world’s population uses smartphones. People now have a level of trust in technology unlike any other time in human history. Smartphones are used for nearly everything, including shopping, studying, office work, watching movies, and even taking tests.
If you want to attract these intelligent target clients, you must deal with them using current and reliable technology. With signature solutions, your clients can sign documents without having to download any apps or software.
This significantly enhances the solution’s usability.
Customers can sign and share contracts from any device with an Internet connection, at any time and from any location.
Obtain Faster Payments
When you use electronic signature technologies, you can reduce the time it takes to respond to a contract. This means that customers will be able to access the document immediately, sign it, and share it with the creator.
You will save time as a result of this. With a single click, the document creator sends it to all relevant parties, and each party can take their own actions and return it to the creator (even at the same time) without having to wait for another party to sign it.
Electronic signature software makes the signing process go more smoothly. Simply put, this means that transactions can be completed quickly and that future payments can be received quickly.
Keep an Eye on the Situation
If you use a signature solution, you have to wonder if your signer received the paper on time.
The electronic signature program’s web dashboard allows you to keep track of the document’s status.
You can also receive real-time notifications when the signer receives, opens, signs, and returns the document to you.
Boost Productivity
A telling statistic suggests that administrative responsibilities should be removed from sales teams: According to the McKinsey Global Institute, as reported by Hubspot, only 39 percent of a sales rep’s time is spent selling or communicating with prospects and customers. A salesperson spends a whopping 21% of their time on administration, according to HBR data.
You can only increase productivity by training your sales team to be more productive and efficient.
The number one reason sales teams fail, according to Inc.com, is that they are chaotic. You’ll notice that your company’s workflow process improves when your sales team uses electronic signatures.
Take a moment to think about that.
All of your paperwork is converted to digital format, allowing you to easily share accurate data within the same system without the risk of data loss during transmission.
Ensure that Your Documentation is Legal, Safe, and Secure
The use of electronic signatures on electronic documents is legal. You get complete data tracking with verifiable IP addresses, geographic locations, timestamps, and emails, as opposed to tangible papers.
This is the best option if you require accountability and verifiable assurance. You can get this information from your dashboard at any time.
You can also do this if you receive confirmation notices for documents that were recently signed but that you were unable to sign.
All documents you import will be converted to PDF files right away for added security.
Quicker Invoicing
The most common cross-departmental complaint in any company is between the sales and finance departments.
What is the rationale behind this?
For starters, accurate reporting is the foundation for sales commissions and bonuses, and finance teams rely on accurate data to properly bill. Somewhere along the way, a snag occurs.
Although a salesperson claims to have sold a certain amount in a given month, the financial report data contradicts this claim.
It’s usually due to a clerical error, such as the sales team’s failure to communicate exact statistics or data, or the finance team’s incorrect assumptions.
Your sales team requires electronic signatures!
When an invoice is misplaced, the salesperson is confronted with a customer who is eager to learn that their product or service has not been paid.
Make the job of your finance team easier while keeping your sales team happy.
Your finance team can easily and quickly receive your digital contracts or signed purchase orders, ensuring that they have all of the information they need to bill your clients and that you never have to worry about payment delays.
