Contracts and signatures are the bane of many businesses existence. Getting a job is only half the battle when legal matters get in the way of actually doing the work or getting paid. However, e-signature systems are changing all of that. Here are five great reasons to start using the legalities of e-signatures in insurance today.
1. Faster Than Hard Copies
If anyone has ever gone through the annoying process of signing a Non-Disclosure Agreement by printing it, signing it, scanning it back in and then cobbling together all the signed images from every involved party, you know what a pain it can be. Using an e-signature solution will help you avoid all this frustration and hassle. With a few clicks, you can upload a template NDA and get it to the interested parties in no time.
2. Facilitates The Client Deciding to Sign
“I’ve had clients disappear on me just because they never got around to signing the hard copy and getting it scanned”, says Beats, an independent music composer for the iOS community. “I’d sometimes get a message later that they just bought some stock music because they just never got around to scanning my contract and signing it. They just didn’t have time.” This story is not uncommon. By using an electronic signature program, you put the contract right in their inbox, it’s not something that is outside their regular routine to boot up their scanner and print hard copies. When we have a lot going on, stuff that takes even a little extra effort can sometimes kill a deal or cause them to go to the competition since they’re easier to deal with.
3. A Third-Party Audit Trail
Using a trusted e-signature company means a third party has a record that all parties signed the document. In case of a disagreement over the contract or breach of contract, it helps to have another party involved and a paper trail that shows who signed what and when.
4. It’s Cheaper and Legal
E-signatures were made legal by the Electronic Signatures in Global and National Commerce Act, or ESIGN act in June 2000. It’s the cheapest way to legally get signatures onto standard boilerplate agreements without involving lawyers, notaries and other costly resources.
5. Shows You Are Cutting Edge
If you’re a company that deals with technology, your image is just as important as your technology ability. E-signatures show that you’re on top of the latest trends, helping to boost your overall image with the customer.
These are just some of the many great reasons to jump over to an e-signature solution. Why not get started today?
GUEST BLOG: This helpful guest post was provided by Ella.