If you haven’t yet already, implementing electronic signatures will have enormous benefits for your business. Read on to learn about the eight reasons your company should switch to e-signatures this year. 

1. Get things done faster

One of the biggest benefits of electronic signatures is increased speed. Printing out documents and waiting for handwritten signatures takes time, especially if people don’t work in the same office, the same building, the same city, or the same province! With paper signatures, it can take days or weeks to finalize your documents. With e-signatures, you might only need to wait minutes, or a few hours. In fact, our internal data shows that when sent electronically 80% of documents are signed within 24 hours.

2. Work more efficiently

With increased speed comes increased efficiency. When you implement e-signatures, workflows that used to be hard are suddenly simpler. Processes that took days now take minutes. The electronic signature portal tells you exactly what signatures are pending and follows up with signers automatically. E-signatures are the perfect example of working smarter, not harder.

3. Boost customer satisfaction

Customers appreciate faster, more efficient service. And these days, customers expect responsiveness. Why force a customer to come in to your office to sign something when they can do it on their phone from wherever they are instead? For some businesses, implementing e-signatures not only helps them boost customer satisfaction, it allows them to work with customers who are farther away, since distance is no longer an issue.

4. Make your employees happy

Overworked employees are unhappy employees. By streamlining their work and making their day-to-day easier, you will improve employee satisfaction exponentially. Not only that, providing tools to make their jobs easier shows employees you care, helping to improve retention over time.

5. Save money

Believe it or not, those handwritten signatures are costing you money. There are the hard costs related to paper, printers, toner, postage, and storage, plus the soft costs related to inefficiency, missed opportunities, lower customer and employee satisfaction, poor corporate image, and more. If you added all those costs up, you might be surprised how much paper signatures are costing you. Stay tuned for a customized eZsign ROI calculator to tell you just how much switching could save you!

6. Help the environment

All of the paper you’re using has a huge environmental impact. Paper mills use a ton of natural resources, as does printing and mailing documents. In contrast, electronic document management eliminates the need for paper and helps us save trees! If you want to make your office greener this year, e-signatures are a great way to start.

7. Free up office space

By getting rid of all that paper, imagine how much less clutter your office will have! You can say goodbye to your filing cabinets and convert that space into something your employees will enjoy, or even move to a smaller office and save on your lease.

8. Tighten your security

We often think of paper signatures as being the most secure, but just think how many people might forge another party’s signature on a paper document when no one is looking. eZsign boasts a variety of robust security features and multi-factor authentication to prove that the person who is signing is exactly who they say they are, and the signing evidence provides a thorough record of exactly who opened, viewed, clicked, and signed every single file.