Make the most out of e-signatures: Tips on choosing the right solution for your business
As more and more businesses are going paperless, there’s an ever-increasing demand for flexible and up-to-date e-signature solutions.
According to a recent survey, the global e-signature market is estimated to reach $9 billion by 2023 – with an average annual growth rate of 35% per year.
Still, choosing the best software for your business can be challenging. You’re going to need to analyze a lot of different e-signature providers on the market – because each platform has its own unique set of pros and cons.
Here are some tips to follow that will ensure you make a wise and informed decision. For starters, ask yourself which sets of criteria are essential for your business and which are not.
What should be taken into account?
Complex issues require advanced solutions. Need to create a fillable template for a frequently used document? Want your documents to be signed in a specific order or set roles for each signer? Make sure your digital signature vendor has all the necessary features BEFORE downloading the app to your device.
Let’s be honest: free apps suck big time in most cases. On the other hand, you shouldn’t have to pay more than you would for a large cup of coffee for your e-signature provider. Choose a payment plan which suits your budget and make sure your vendor is cost-effective.
Cleverly using integrations allows you to work faster and impacts your business’s efficiency. If you’re used to working with Dropbox, Word, or Google Drive, you certainly don’t want to waste time on getting adjusted to a new environment. That’s why it’s important to make sure your e-signature provider is equipped with a complete set of integrations.
An e-signature is just as legally binding as a handwritten one. Therefore, a high level of security must be established to keep your data safe. Check whether your e-signature vendor provides its customers with audit trail and password protected e-signing functions.
Still can’t make a decision? Here’s a tip. Sign up for a free trial from a popular e-signature provider, test the important features and make sure the software can handle the specific demands of your organization. You can always compare the best e-signature services based on user ratings at G2 Crowd.
What are the features of a risk-free e-signature tool?
Quick and intuitive. Avoid time-consuming solutions and downloadable apps. Choose lightweight, browser-based software with an easily navigable interface.
Solid and secure. Choose vendors with enterprise-level confidentiality and privacy standards, such as SOC 2 Type II certification.
Compatible with any device and OS. You should have the ability to e-sign documents regardless of the device being used, i.e. Mac, PC, tablet or smartphone.
Easily customizable. Edit documents before signing or sending them to be signed. Add initials, checkboxes, text, date/time fields and dropdown menus. Organize docs by keeping them in their respective folders.
Flexible. Organize signature workflows when more than one signer is involved.
Accessible from anywhere. View and edit documents even while you’re offline. View the editing history and monitor the signing process.
E-signature software brings convenience and drastically improves the way you work with documents. Close deals, sign contracts and automate signature workflows with ease. Take the next step toward eliminating paper clutter once and for all.