BENEFITS OF ELECTRONIC SIGNATURES
Anyone chasing people for signatures on documents knows the chase can be frustrating, time-consuming and oftentimes expensive. Until the Federal Uniform Electronic Transactions Act of 1999 and the Electronic Signatures in Global and National Commerce Act of 2000, businesses had no digital alternative to eliminate this. The only alternatives were facsimile (fax) machines or delivery services such as FedEx, UPS, DHL or the U.S. Postal Service.
Now AssureSign Electronic Signature Technology offers a decidedly superior solution. AssureSign biometric electronic signatures save time and money, add control and convenience, broaden accessibility, improve reliability, and reduce errors and frustration.
Here’s how:
AssureSign Electronic Signature Technology is faster than overnight delivery services. AssureSign gets the job done in minutes or hours rather than days. Electronic signatures shorten business cycles and improve cash flow.
AssureSign Electronic Signature Technology is better than overnight delivery services because it gives you full and personal control over the signing process. You can expedite signature procurement by calling signatories when documents sit in their email inboxes for too long.
AssureSign Electronic Signature Technology provides more control than overnight delivery services because it sends e-mail messages to you with notification of status of each and every step in the signing process, allowing you to monitor and expedite the process as needed.
AssureSign Electronic Signature Technology is faster than fax transmissions because there’s:
- No more concern for whether or not all pages are received.
- No need to print a hard copy of a document in order to secure a signature.
- No more paper jams or out-of-paper problems in your fax machine or that of your signatory.
AssureSign Electronic Signature Technology is better than fax transmissions because:
- AssureSign is more secure. No more concern for whether or not the right person receives your document.
- AssureSign is more controlled. No more concern for whether or not all areas requiring signatures are signed.
- AssureSign is trackable. No more worry about the whereabouts of your document. You’ll know exactly when the signatory receives your document and exactly when he or she signs it.
| Functional Requirements | AssureSign Electronic Signature | Fax | Overnight Delivery Services | |
|---|---|---|---|---|
| Obtain formal or legally binding acceptance of a documented agreement or transaction | Yes | Yes | Maybe | Yes |
| Achieve full legality of signature capture-and-record methodology | Yes | Yes | Maybe | Yes |
| Obtain forensically identifiable, legally binding, hand-written signature on document | Yes | Yes | No | Yes |
| Process document quickly | Yes | Maybe | Maybe | Maybe |
| Maintain high degree of security | Yes | Maybe | Maybe | Maybe |
| Achieve minimal cost | Yes | Yes | Yes | No |
| Transfer documents at the speed of light | Yes | Yes | Yes | No |
| Efficiently and effectively route to one signatory | Yes | Yes | Yes | Yes |
| Efficiently and effectively route to multiple signatories in one place | Yes | Challenge | Challenge | Challenge |
| Efficiently and effectively route to multiple signatories in multiple places anywhere in the world | Yes | Challenge | Challenge | No |
| Track progress of transfer of document to all signatories | Yes | Challenge | Challenge | Yes |
| Track progress of signature-transformation of document | Yes | Challenge | Challenge | Challenge |
| Maintain high quality assurance standards over entire process | Yes | Challenge | Challenge | Yes |
