For any non-product related queries, please write to info@perfios.com.
For any non-product related queries, please write to info@perfios.com.
Switching from manual signatures to eSignatures isn’t just a trend—it’s a game-changer, especially in India. Did you know that eSign can reduce document turnaround times by up to 80%? Plus, it saves businesses 85% on document handling costs and cuts shipping costs by 80%. These stats highlight the efficiency and cost benefits of eSign.
From enhancing security and legal compliance to reducing errors and promoting sustainability, eSign is revolutionizing how we handle documents. Whether you are a large enterprise or a MSME, understanding the shift to eSign can empower your business to stay competitive and efficient in today’s digital world.
Here are the top ten reasons why you should consider making this transition:
Switching to eSign increases efficiency and speed in document processing. With eSign, documents can be signed and returned in minutes, unlike manual signatures that often require printing, signing, scanning, and emailing. As mentioned in the start, adopting eSign has reported up to an 80% reduction in document turnaround times. This rapid processing ensures that critical business operations are not delayed, leading to faster decision-making and execution. In a fast-paced business environment, this efficiency can be the difference between closing a deal and losing a client.
Using eSign can lead to substantial cost savings by reducing expenses related to paper, printing, and postage. Research indicates that eSign adoption can cut document handling costs by 85% and save up to 80% on shipping costs. For Indian businesses, which often deal with high volumes of paperwork, these savings can significantly impact the bottom line. Moreover, digital storage reduces the need for physical space and related costs, making it a cost-effective solution for businesses of all sizes.
eSign solutions offer enhanced security features such as encryption, multi-factor authentication, and secure audit trails, which protect documents from unauthorized access and tampering. eSignatures in India provide superior security and compliance, reducing the risk of fraud and enhancing document integrity. These advanced security measures ensure that only authorized individuals can access and sign documents, making eSign a reliable option for sensitive transactions.
Electronic signatures are legally binding in India under the Information Technology Act, 2000, giving them the same legal standing as traditional handwritten signatures. This legal recognition means that businesses can confidently use eSign for contracts, agreements, and other legal documents. The assurance of legal validity simplifies compliance and reduces the risk of legal disputes, making eSign a trustworthy choice for any organization.
Adopting eSign contributes to environmental sustainability by reducing paper consumption and waste. The shift to digital signatures in India has significantly reduced paper usage, helping businesses lower their environmental footprint. This eco-friendly approach not only supports corporate social responsibility initiatives but also appeals to environmentally conscious clients and stakeholders. By reducing reliance on paper, businesses can play a part in conserving natural resources and promoting sustainability.
eSign enables documents to be signed from anywhere, at any time, using any device with an internet connection. This flexibility is especially beneficial in today's remote working environment. Indian businesses are increasingly adopting cloud-based eSign solutions for their convenience and accessibility. Whether employees are working from home or on the go, they can easily sign documents, ensuring continuous workflow and productivity without geographical constraints.
Manual signing processes are prone to human errors such as missing signatures, incorrect dates, or misplaced documents. eSign solutions include validation features that minimize these errors, ensuring the accuracy and completeness of signed documents. eSign adoption can reduce signing errors by 80%. This accuracy not only saves time but also prevents costly mistakes, making document handling more reliable and efficient.
eSign platforms offer cloud-based storage solutions, simplifying the management, retrieval, and sharing of documents. This digital storage eliminates the need for physical filing systems, reducing clutter and enhancing organization. Digital transformation, including eSign, helps Indian businesses streamline their document management processes. By having all documents securely stored in the cloud, businesses can easily access and share them as needed, improving overall operational efficiency.
Clients and partners appreciate the convenience of eSign, which eliminates the hassle of printing, signing, and scanning documents. Providing an easy and efficient signing experience can enhance customer satisfaction and foster stronger business relationships. There is a significant increase in digital engagement in India, reflecting a positive shift towards digital services like eSign. A seamless signing process can differentiate your business and make interactions smoother and more professional.
Embracing digital transformation initiatives like eSign can set your business apart from competitors who still rely on outdated manual processes. Indian SMBs will significantly increase their IT investments, including eSign, to stay competitive. Demonstrating a commitment to innovation and efficiency can enhance your brand reputation and attract more clients. In a competitive market, leveraging advanced technologies like eSign can position your business as a leader in efficiency and modernity.
Since you are still reading this, it means that you are ready to make the transition.
Let me introduce you to eSign by Perfios, the ultimate solution for you. Utilizing Aadhaar-based OTP authentication, it ensures enhanced trust and compliance, making it an ideal choice for businesses operating in India. This solution offers a comprehensive audit trail, allowing for seamless document verification and reference.
And the best part, you only “pay for what you sign”. For more information, book a demo now.
And at last, transitioning from manual signatures to eSign is a step that every forward-thinking business should consider. By understanding the advantages and making an informed choice, you can lead your business into a new era of efficiency and innovation. Whether you're a startup or an established enterprise, the shift to eSign is a step towards a smarter, greener, and more secure way of doing business.
