What is an e-signer?
E-signatures, also known as electronic signatures, are a fast and legitimate way to sign papers electronically. They provide a secure and reliable alternative to handwritten signatures and can be used in place of them in many processes. An electronic signature serves as a person's declaration that they agree with the information in the document or set of data that it relates to. It is a legal concept that expresses the signatory's desire to be bound by the provisions of the signed document.
There are many circumstances where the use of electronic signatures is necessary. Qualified electronic signatures can be used in any setting, including cross-border transactions, where handwritten signatures are required by law, as their legal effects are identical to those of handwritten signatures. Examples include;
Contracts (sales, employment, lease, insurance, etc.)
Transactions (e-commerce, online banking, etc.)
Administrative procedures (tax declarations, requests for birth certificates, etc.)
The E-Signature building block supports the use of cross-border interoperable electronic signatures in Europe. This means that a Greek entrepreneur can sign a permit application in Helsinki and expect it to be recognized by public authorities in Dublin. Electronic signatures that can be used internationally are supported by the E-Signature building block. This implies that a Greek businessman can sign a permission application in Helsinki and anticipate that Dublin's government will accept it.
What are the benefits of e-signatures?
Reliable: E-signatures are accepted and enforceable all over the world.
Convenient: The signing procedure will be streamlined by enabling electronic signatures from recipients. Time spent on transactions can be cut in half using contract MiCLIENT Signer.
Economical: Saving money and streamlining corporate processes are also benefits of using e-signatures. By using less to no paper, you can save a lot on each transaction.
What are electronic signatures used for?
Electronic signatures are utilized across a variety of industries and departments, providing numerous benefits such as increased efficiency and productivity. Here are some examples of how electronic signatures are used:
Electronic signatures remove the guesswork from signing NDAs and sales contracts, allowing sales teams to focus on selling. When a contract is received and opened, the team can quickly view it and, once signed, continue with the sales process.
With electronic signatures, employees can easily view and sign documents from anywhere, enhancing productivity and impressing job applicants. Onboarding can be streamlined by allowing new hires to sign all necessary documents at once.
Utilize seamless, paperless experiences to securely capture and distribute critical information that today's customers need. Your financial staff can use electronic signatures to authorize purchase orders, sign off on budgets, and approve invoices.
Digital and automated e-sign and approval workflows can be enabled for teams and departments throughout an organization.
Marketing teams quickly transition from idea to campaign by obtaining electronic signatures from executives both internally and externally through third-party agencies.
The legal department can benefit from using electronic signatures that adhere to industry standards for encryption and security. Nondisclosure agreements and other contracts that require signatures can be signed quickly and securely, freeing up legal team members to focus on more critical work.
Why an e-signature is more secure than a wet signature?
E-signatures are more secure than wet signatures. They have numerous layers of protection and verification built into them, as well as transaction proof that can be used in court. E-signature service providers can provide an electronic record that acts as an audit trail and verification of the transaction, unlike wet signatures. This audit trail can address any complaints if one of the signers questions the validity of their signature or if there are any doubts regarding the transaction.
In conclusion, electronic signatures can benefit almost every aspect of life. There are no restrictions on when and where you can use them, unless your country of residence specifies otherwise.