Business Tools

eSignature Technology: A Time-Saving Tool for Entrepreneurs


I can’t recall the last time I sent a personal letter. I can’t recall the last time I mailed someone a check. Come to think of it, I can’t recall the last time I did anything that involves a pen and paper.

We pay our bills online. We communicate online. We learn about local and national news online. That’s just the way of life in the Digital Age, and it seems that the vast majority of people and businesses have caught onto this trend.

More companies than ever before are using the web to market their services online. In addition to generating leads, Internet technology has allowed for the development of innovative tools that save entrepreneurs time and money. One such breakthrough is eSignature applications.

Why Use eSignature Technology?

Many business owners wonder why eSignature applications are so helpful. If it’s not broken, then why fix it, right? Wrong

Although signing documents with a pen is fine in most cases, this is inconvenient and poses security risks. Transferring documents back and forth can lead to mistakes. These forms often contain sensitive data, such as Social Security numbers, driver’s license numbers and bank account information. eSignature applications keep this information safe and give companies easy access to signed documents whenever they need them.

Ultimately, eSignature technology helps companies organize their business processes and avoid mistakes when gathering signatures. This is a time-saving solution for organizations that need signed documents from employees, customers or partners.

Security Should Always Be Your Top Priority

It is important to note, however, that not every eSignature service is reputable. When shopping around, be sure to read online reviews and call the company directly.

The importance of choosing a well-established service cannot be overstated. The moment people sign documents, they are potentially susceptible to identity fraud, according to Depending on the nature of that document, that information being leaked can have serious repercussions.

Examples of sensitive documents include divorce papers and non-disclosure agreements. With eSignatures, those documents are stored in a digital space and protected with encryption.

Who Doesn’t Love to Save Money?

eSignatures can save companies money in the short and long haul – mainly for two reasons:

  1. eSignature applications are cheaper than document-handling services and in-house employees.
  2. They reduce the costs of paper and writing utensils, which add up over time.

From financial services to real estate, there are countless industries that can benefit from eSignature technology. Whether you manage a business that is bogged down with paperwork, or you simply want a secure space to save important, signed documents, electronic signature services may be a smart investment.

You can access documents conveniently from an iPhone, iPad, laptop or Android device – any gadget with an Internet connection. If you want to save time and money, and avoid identity theft, consider adding eSignatures to your business processes.

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Paul Tomaszewski is a science & tech writer as well as a programmer and entrepreneur. He is the founder and editor-in-chief of CosmoBC. He has a degree in computer science from John Abbott College, a bachelor's degree in technology from the Memorial University of Newfoundland, and completed some business and economics classes at Concordia University in Montreal. While in college he was the vice-president of the Astronomy Club. In his spare time he is an amateur astronomer and enjoys reading or watching science-fiction. You can follow him on LinkedIn and Twitter.

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