Electronic signatures, or eSignatures, have grown in popularity recently as businesses and individuals have shifted to digital modes of communication and documentation.
eSignatures have transformed how people sign documents, making it possible to sign contracts, agreements, and other legal documents from anywhere in the world.
However, eSignatures can be used for much more than just signing documents.
In this article, we will explore the top 10 guaranteed uses for eSignatures, other than signing.
1. Onboarding Documents
Onboarding new employees is a time-consuming and paper-intensive process. With eSignatures, new hires can sign all their onboarding documents online, making it simple and convenient for both the employer and the employee. This eliminates the need for physical paperwork, saving time and resources.
2. Human Resource Documents
In addition to onboarding documents, eSignatures can be used for various HR documents such as performance evaluations, disciplinary actions, and confidentiality agreements.
This allows HR departments to devote more time to their actual work and provides additional benefits such as:
- Streamlining and reducing the time and effort needed to collect signatures.
- Improving the overall experience for HR managers and employees by allowing them to sign documents at their convenience.
- Maintaining compliance with legal and regulatory requirements by ensuring documents are appropriately signed and stored.
3. Legal Documents
Contracts, agreements, and nondisclosure agreements (NDAs) can all be signed electronically. Because eSignatures are legally binding and recognized in most countries, businesses can be confident that their contracts are valid and enforceable.
4. Sales Contracts
Sales contracts are essential for businesses to protect themselves and their customers. Sales contracts can be signed online with eSignatures, allowing companies to close deals faster and more efficiently. This is especially important for businesses with a remote workforce or clients in different countries.
5. Medical Forms
The healthcare industry is one of the most paper-intensive industries, and medical forms account for a large portion of that paperwork. Patients can sign medical records online using eSignatures, making it easier for healthcare providers to manage paperwork and providing a more convenient experience for patients.
6. Financial Documents
Loan agreements, credit applications, and investment documents are just some financial documents that can now be signed digitally. A significant benefit in today's fast-paced business world is the potential for this to speed up the application process for loans and other financial products.
7. Real Estate Documents
Real estate transactions involve a lot of paperwork, including contracts, deeds, and title documents. With eSignatures, all of these documents can be signed online, making it easier for both buyers and sellers to complete their transactions. This can save time and resources for everyone involved in the transaction.
8. Government Forms
Filling out government forms can be time-consuming and tedious, and many of them require a signature. Individuals can electronically sign government forms with eSignatures, making the process more efficient and convenient. This can save both individuals and businesses a significant amount of time and money.
9. Non-Profit Documents
To carry out their mission, non-profit organizations rely on donations and volunteers. Non-profit organizations can use eSignatures to manage their paperwork more efficiently, allowing them to focus on their mission and achieve their objectives. This can also help volunteers sign up and donate their time and resources to the organization.
10. Educational Forms
Educational institutions, ranging from K-12 schools to universities, must manage a large amount of paperwork. Educators can use eSignatures to streamline paperwork and make signing and executing forms more efficient. This can save both educators' and students' time and resources.
Choose an eSignature Solution Based on Your Needs
To summarize, the scope of eSignatures far exceeds that of simply signing legal documents. However, choosing the right eSignature solution is critical for businesses and individuals looking to improve their workflow and efficiency.
When choosing an eSignature solution, keep your needs and requirements in mind, such as the number of signatures required, document security, and user-friendliness. This allows you to select an eSignature solution tailored to your specific needs and can assist you in achieving your goals efficiently and effectively.
With the right eSignature solution, you can streamline your paperwork, save time and resources, and focus on what really matters—growing your business or achieving your personal goals.
UNAWA SignSecure™ is a regulatory solution developed in the Philippines that uses legally binding electronic signatures protected by state-of-the-art encryption and security to ensure business documents' authenticity, validity, and enforceability.
Sign up now and get the efficiency of digital workflows with the legitimacy of eSignatures.