Finalizing an agreement and thereby getting it signed by all the parties can be a time consuming task. Such time taken at times in sharing the document can be a deal breaker. The deal is best closed when an agreement is executed in seconds. We at ContractBazar provide you this facility of Aadhar based E-Signature validated by law.
Finalizing a deal couldn't have been easier or faster than this. Go paperless, get your document executed, that very moment.
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The technology of the modern world has changed the way the world conducts business. From marketing to supply chain management to end user delivery, technology has radically changed processes. Throughout the shift from paper to computer, one thing has retained its importance: the signature. It may be hand written or typed on a smartphone, but attaching your name to a piece of paper is still the sign of a person’s bond. Electronic signatures are exploding in use and have become a very important tool in the modern times.
An electronic signature, or e-signature, refers to data in electronic form, which is logically associated with other data in electronic form and which is used by the signatory to sign. This type of signature provides the same legal standing as a handwritten signature as long as it adheres to the requirements of the specific regulation it was created under.
The objective of an electronic signature is to quickly authenticate a document with a uniquely identifiable mark that doesn't require the use of paper and pen. As it is getting more and more secure, electronic signatures are now widely used in private affairs, legal dealings, business transactions, and even as part of official government documents.
Before you can give serious consideration to the use of electronic signatures in your business, you have to understand the benefits and advantages. Let's examine a few of the most notable ones:
1. Easy to Use
The biggest benefit of electronic signatures is that they're simple and easy to use. You upload a document, declare signers and recipients, and deliver a secure link to the recipient. The recipient signs the document and the process is complete. It's that easy! If you can open a link and click a button, you can use electronic signatures.
2. High Level of Security
Believe it or not, electronic signatures are safer and more secure than traditional paper documents. Not only do they contain a signature, but they also contain traceable information on who signed the document, when they signed it, and where they signed it. That's much stronger and more enforceable than your average paper-based transaction.
We operate in a geographically dispersed business world. These days, even small, local businesses deal with different suppliers, customers, and partners in various cities, states, and countries. Electronic signatures allow for remote authentication, which makes it a much more convenient solution than the alternative of mailing and/or printing and scanning.
4. Faster Turnaround
The convenience of electronic signatures means there's a much faster turnaround. Instead of sending a document to one party, getting them to print, sign, and scan it, sending it to the next party, and repeating the process down the line, everyone can sign off within seconds. This faster turnaround gives businesses greater versatility in time-sensitive situations
5. Lower Cost
Finally, electronic signatures are more cost-effective than the traditional pen and paper method. Not only do you save on paper, but you also save on postage, mailing supplies, and time (which is money). Over the years, every little bit adds up.
Have you been requested to sign a document with a digital signature? If you’re wondering how to do so, ContractBazar can help you create a digital signature and sign any PDF document.Finalizing an agreement and thereby getting it signed by all the parties can be a time-consuming task. Such time taken at times in sharing the document can be a deal-breaker. The deal is best closed when an agreement is executed in seconds. We at ContractBazar provide you this facility of Aadhaar based E-Signature validated by law.Finalizing a deal couldn't have been easier or faster than this. Go paperless, get your document executed, that very moment.