Electronic vs Digital Signatures: Defining the Difference

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electronic vs digital signatures EDITED“Electronic” and “digital” are often used as interchangeable prefixes to the word “signature” – but there are vast differences between the two.

We are all familiar with, and have at some stage in our daily goings-on, dealt with the traditional “wet-ink” signature. In today’s digitally-charged world, however, this is fast becoming obsolete as more secure, efficient means of signing documents are developed.

A signature is essentially a means of binding an individual to the contents of a document, by way of an intentional mark. It typically signifies knowledge, approval, acceptance, or obligation.

That may be common knowledge, however, the advent of the digital signature has turned the humble handwritten signature on its head, introducing a number of new (and entirely exciting) facets, including a whole new set of terminology.

A digital signature, in its base form, is a digital code created and authenticated by public key encryption, which is attached…

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Electronic signatures now available for Citrix Service Providers

Top industries are using the electronic signature like the marketing sales team, bankers, IT professionals, HR recruiters

Young Infotech

Citrix Service Providers and their customers can now leverage one of the best features Citrix Content Collaboration has to offer — electronic signatures.

Citrix Content Collaboration with electronic signatures provides an unparalleled user experience and document-signing solution that saves users ?


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Electronic signatures now available for Citrix Service Providers syndicated from https://younginfotech.wordpress.com/

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Digital Signature Maker Tools To Capture eSignature

Signing a lengthy document is a tedious process. You create, format, print, sign, scan and sometimes reformat it for several changes. Physical documents are difficult to manage as they incur material cost along with logistics to ensure the objective of a document is fulfilled by sending and receiving again and again to finally close a contract. It may be simple for several people but others require consistent focus on several important things. To relieve professionals, entrepreneurs, organizations and institutions from this tedious process, Sigplex brings you Digital Signature Maker Tools. It allows you to take the technological advantage by removing physical documentation barriers. One can simply use these devices to reduce time, cost and energy to ease the documentation process.

Organizations worldwide understand the benefits of Digital Writing Pads and Digital Signature Capture Devices. Globally, the eSignature transactions have experienced an immense growth thereby stating the importance of these devices for reducing time, cost and energy involved in creating traditional documentation/contracts with respect to current trends of eSignature.

Electronic Signature is a digital mark of a contract or agreement For example: Courier services usually send their representatives with a device where in one can sign on the screen of that Signature Capture Device while receiving the courier. There could be several other examples of your interaction with a Digital Signature Capture Device.

Digital Signature softwares collect and store these signatures allowing you to present and process them whenever needed. It is legally binding and a secured means of contracting for the ease of all the parties involved in the process. These devices give you the mobility and the technological advantage to ensure the focus is more on operations rather than the preparation of the same.

Digital Writing Pads are simple and easy to use for creating Digital Signatures with the help of the software. It is a comprehensive solution to create digital & electronic signatures, manage and maintain contracts and documents while allowing safe storage of signatures. It comes with customized solutions for giant corporate as well as small businesses. It can be easily understood by anyone to implement thereby simplifying the overall process of signature and contract documentation.

Companies are adapting to the digital trends to simply avoid the shocks of physical documentation while making it easier to share, authenticate and validate documents with other parties. It allows safe transactions by reducing the risk of duality or alteration to any documents associated thereby ensuring advanced and genuine electronic signatures, documents and their management for current as well as future transactions. To know more about electronic signature devices and how you can implement it within your organization connect with us at

The world is moving on to the next best things of future, choose the best for your organization and move ahead towards the future of documentation with our advanced Writing Pads or Digital Signature Capture Devices backed by secured software platform for a wonderful Signature experience.

Souce: https://www.sigplex.co.uk/blog/digital-signature-maker-tools/

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Digital Signature Devices Requirement In Industries

Every organization big, medium or small needs a tool that can simplify their documentation process. A tool that makes it faster to draft, create, edit, authorize and finalize the documentation process in order to finish contract process faster. Across the industries, within various segments organizations are adapting to digital and electronic signature devices to minimize project timelines, save on various costs, and automate documentation procedure.

With time we have catered to various industries across several domains to improve their efficiency and effectiveness. Here is a brief about which industry can be benefited with these devices and how we have applied our technologies for convenient operations.

Top Industries That Require Digital Signature

Find the complete details of industries that use digital signatures
Electronic Signatures in 2019

  • Finance and Insurance
  • Healthcare and Life Sciences
  • Architecture, Engineering and Civil

1. Finance and Insurance

Constant documentation and signature instances in the financial and related services makes this industry a prime client of these secured electronic signature devices. In certain cases, where the operations require on site signature and service activation, digital signature and input devices makes it really simple to close down the deal instantly without any delay in documentation processing.

 

2. Healthcare and Life Sciences

Pharmaceutical, biotechnology, drugs and medicine manufacturers are always looking forward to stay aware of the industry norms, regulations and standards set by the administration organizations regarding protection and privacy policy in order to keep consumer data, management of electronic documents, and their requirements.

Documents can be easily secured through password protection or encryption.

 

3. Architecture, Engineering and Civil

Various design companies have been benefited through our digital and electronic signature input devices. Reduced paper waste and the documentation preparation time leads to shorten project timelines and reduce overhead costs. Even huge documents now boast the functionality of been transferred in seconds from professionals to the clients and vice versa making it easier to take decisions and implement suggestions in real time. Even the land acquisition and transfer process has seen massive development as far as the contract turnaround time and documentation preparation and signing in concerned.

In almost a decade, electronic documentation has seen an immense growth across several industries. It is getting easier to become environment friendly and reduce carbon footprints while keeping the documents secured, compact and within reach, from anywhere. Many industries have transformed their documentation processes redefining the technological age while enjoying its benefits.

In the current age of economizing the operations and to cut down on overheads, switching to digital or electronic signature input devices is no more a challenge with Sigplex’s Digital Signature Capture devices. To know more about the exclusive devices and to understand their impact on your business, write to us at info@sigplex.com

Source:https://www.sigplex.co.uk/blog/top-industries-that-require-digital-signature-devices/

Electronic Signature Be The Future Of Legal Documents

Consider a situation in near future where a big corporate is looking forward to a merger or a change in its structure, where the pile of paperwork to be signed is replaced by the ease of simple eSignatures. Instead of having ‘Sign Here’ mentioned on every page parties can simply sign the document by entering their secure and encrypted signatures using an electronic pad. Yes, along with this ease there are several other impacts of eSignatures on the future as it is fast, legal, convenient and secure.

With a randomness ratio of 1:62 Billion, eSignatures are going to replace all the hectic paperwork and the burden of preparing, managing and keeping them safe. Before eSignatures came into existence every document was prepared, signed, shipped, faxed, mailed, scanned and filed as per the requirement of the parties involving multiple steps of processing, making it more time consuming, costly and inconvenient with the possibility of human error making it more complex.

Can Electronic Signature be the future of Legal Documents?

Find the complete details for reasons your business to use
Electronic Signatures in 2019

  • Faster Contract Pace
  • Secured Future
  • Cost Effective

Let’s have a look at advantages of eSignatures:

1. Faster Contract Pace

With the advent of this advanced and secured means of legitimizing the documents it has become easier and faster to close down contracts. Electronic signing allows no delay in signing the contract which could have aroused due to lack of availability of the signing authority or time. Many professionals do not have time and have to take care of a lot of things instead of just preparing or signing the contracts. Wherein the eSignatures allow:

  • Complete contract to be signed in one instant
  • More focus on the terms and critical issues
  • No geographic limitation, as electronic signatures can be done from anywhere anytime

2. Secured Future
Security is no more an issue in eSignatures as compared to papers that are prone to be faked or tampered. With eSignatures tomorrow is going to be secured ensuring reliable contracts with 1:62 Billion chances of randomness, which is almost negligible as per the experts.

3. Cost Effective

Although the cost is reduced due to the pace and convenience, eSignatures are more reliable when compared to the chances of human error, like signing mistakes, document exchange or terms of contract with the use of signature capture device which allows to add signature to ID Cards, forms, contracts, receipts and other paperwork. eSignatures avoid risks of getting faked and can easily recognize such instances of suspicious entries or compliance matters.
While ensuring that everything is in order, eSignatures saves the cost of fixing issues that could have caused more damage to the contract which could have been avoided. And just to remind the associated costs with physical documents be it the raw material, logistics, physical damage risks, etc.

All in all eSignatures will secure the future of legal documents by providing you the advantage of integrating technology with the future contracts.

Source: https://www.sigplex.co.uk/blog/esignatures-future-for-legal-documents/