You should think about switching to digital signature technology if you still have to print out documents, stuff theminto envelopes, send them along their merry way and wait patiently for them to besigned, sealed and delivered. A digital signature is a cryptographic operation that combines the electronic signature and data that is used to authenticate the signature process. It uses public key infrastructure encryption technology to provide an audit trail and validate that the signature was not changed at all through the transaction process.
So how can you benefit from using digital signatures in your business? With this technology, you can be sure of faster transactions as well as better customer service. In the modern market, it is very difficult to retain customer satisfaction because consumers now expect business to be done faster. The good news is that it does not have to be that way. You can make your business transactions quick and convenient by making it possible for your customers to sign and send forms electronically.
When you switch to digital signature technology, not only will it establish you as a helpful partner, but it will also show that you have respect for your customers’ busy schedules. Empowering your customers like this can help boost customer retention while building new customer relationships from the get-go.
Another benefit of digital signature technology is that it involves fewer errors compared to the paper-based systems. When it comes to contracts, there should not be room for error. The bad news is that paper-based systems are often prone to have typos or signatures in the wrong fields, something that makes contract management a hassle. But implementing contract automation or form automation with digital signatures can reduce the frequency of errors drastically, since a check will be required at every step of the validation process for increased control and convenience. In the end, you will look more professional in client transactions and save time.
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