Using electronic signatures as part of your contract process can accelerate your business significantly. Using best practices will ensure you get the most out of your electronic signature strategy. Here are some electronic signature best practices:
This may seem obvious, but it is crucial when it comes to creating an enforceable electronic signature. Anytime someone is signing a contract electronically, they must intend to do so. A lot of times intent is implied, although when dealing with consumers, you'll need to take extra steps to make sure.
Just as with traditional pen and paper signatures, you need to make sure the person signing is the right person. You can do this by emailing a secure link, or using some form of multi-factor authentication.
You'll need a durable record of the contract, who signed it, and how they signed it. Make sure that your signers have a copy of the same electronic record.
Too often businesses will use eSignature solutions to simply eliminate the need to print and sign a contract, rather than truly streamlining their overall contract processes. Leverage your eSignature solution to make fundamental changes to your workflows to get deals signed faster!
PactSafe is a high-velocity contract acceptance platform that follows electronic signature best practices to ensure that your signing records are enforceable in court. In the PactSafe system, we:
Want more out of your electronic signature strategy? Request a demo of the PactSafe solution.