Electronic signature

In this article, we will discuss what an electronic signature is, the importance of authenticating electronic signatures, and the various methods that can be used for authentication.

Electronic signatures are becoming more common as a means of identity authentication and contract binding due to the increasing popularity of remote work and virtual interactions. This means that adding your electronic signature to a document has the same legal effect as a physical signature.

Businesses can use e-signature software to quickly sign contracts with customers around the world. That means no more paperwork and no more waiting for physical mail. Best of all, from a legal perspective, these signatures are just as reliable as those made with a pen.

For a variety of reasons, an eSignature tool can speed up the final signing process of a contract, but even before this final stage, sales teams should use eSignatures throughout their sales process.

Are you looking for a decent DocuSign alternative that offers an all-in-one contract automation platform? A software that gives you access to a wide range of features that the legal team should have to work faster and scale?

The EU Regulation on electronic identification and trust services for electronic transactions puts a qualified electronic signature on a par with a handwritten signature in terms of legal effect. This is the starting signal for the simplification of many processes, and that already in 2016. This article would like to point out some of the many advantages of the electronic signature compared to conventional paper dispatch for companies.

Digital transformation is high on the list of priorities in German companies. However, outdated methods continue to be used for contract processing, especially for signing contracts, even though electronic signatures are equivalent to handwritten signatures on paper for many use cases. More and more companies in Germany, Austria and Switzerland are therefore switching to an electronic contract system, as the time saved in processing is significant and risks can be eliminated at the same time.