Using an electronic signature is slowly starting to replace signing different types of documents and forms within organizations. Using a digital signature provides organizations with several money and time saving features. First, there is all of that paper which is eliminated, along with the paper trail. Reducing the amount of paper used by an organization can be a major cost savings. Also, filing cabinets and storage space can be eliminated, which also provides a cost savings.
An Electronic Signature Also Saves an Organization Time
Besides saving money, organizations also save time when they use an electronic signature. Instead of having to track down an important contract or file, you just find it in your email or the location where it is saved electronically. You can then forward the file onto the person who requested it, print hardcopies, or do whatever you need to with the file. You can even verify that all required digital signatures have been attached.