Debunking e-Signature Myths

Debunking e-Signature Myths

Written By
Joy Cunanan
Updated on
April 6, 2022
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e-Signature Myths Debunked

Debunking e-Signature Myths

It’s easy to mistake e-signatures as mere elements on a digital document, susceptible to tampering and other forms of fraud, hence the hesitation that some might have in fully employing e-signatures as their primary mode of acquiescing to agreements. Let’s debunk these common e-signature misconceptions below: 

  1. Myth: E-signatures are not legal.

Fact: Since they are entirely legitimate and binding, e-signatures can be used in court. Since the early 2000s, they have been recognized legally in many nations throughout the world thanks to a number of legislation that provide documents signed using e-signatures legal status.

  1. Myth: E-signatures are not secure.

Fact: Since certified providers secure documents using a variety of techniques, including SSL encryption, biometric identification, passcodes, and password protection, e-signatures are completely safe and secure.

E-signed documents also provide audit trails with signature certificates that include timestamps for the signing process, IP addresses of the signers, and distinctive document fingerprints. 

  1. Myth: E-signatures are difficult to adopt.

Fact: E-signatures aid in process simplification, making it simpler for users to accept and comprehend. More e-signature platforms are now mobile-optimized as a result of the growing e-signature business, making it simpler to sign documents while on the go.

  1. Myth: E-signatures are more expensive.

Fact: Since there are no costs associated with paper, ink, storage, or transportation if signatories do not need to be physically present, e-signatures are more economical.

  1. Myth: E-signatures are not a necessity.

Fact: E-signatures aid in streamlining the procedures across all of your company's teams, which boosts output, elevates customer and employee satisfaction, and lowers costs.

  1. Myth: E-signatures require special software to use. 

Fact: E-signature platforms are often hosted in the cloud and may be accessed by a browser or an app on any mobile device with an internet connection.

E-signatures are an effective instrument that can expedite the procedures in your company, allowing your team to focus on higher-value tasks and do away with the tedious and repetitive tasks of paper documentation.

Joy Cunanan
Joy is the Digital Transformation Manager at Lexagle. As a marketing professional in the Tech and B2B industry for over seven years, she is always on the lookout for the next best solution in the ever-changing online world. With a passion for helping businesses thrive and optimize operations, she shares her expertise in the power of contract lifecycle management and its capacity of easing the contracting process for busy organizations worldwide.
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