Electronic signature best practices
There's no denying it...using electronic signatures as part of your contract process can accelerate your business significantly. Here are some best practices that will ensure you get the most out of your electronic signature strategy:
Make sure your signers know they are signing electronically.
This one seems pretty obvious, but it is super important when it comes to creating an enforceable electronic signature on a contract. Anytime someone is signing a contract electronically, they must intend to do so. Alot of times intent is implied, although when dealing with consumers, you'll need to take extra steps to make sure.
Authenticate the identity for electronic signatures.
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.
Keep good electronic records of all contracts signed electronically.
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.
Leverage the true power of electronic signatures to change your workflows and speed up business!
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!