Digital solutions are essential to increase partnerships and revenue, as they streamline the processes every business entails. Using an Electronic Signature or E-Signature as a form of authentication has become a necessary tool in digitizing business. Given it allows parties to sign and complete documents remotely for binding agreements, it facilitates green, cost-effective business across all industries. Once paper-heavy entities, including credit unions, are now managing operations more efficiently, saving time and cost per transaction.
The Electronic Signature is a system that provides authentication in digital form. It often entails a multi-factor verification process that corresponds to the level of security an entity needs. For some entities where optimized security measures are required, employing a digital signature can be useful. An E-Signature with encryption on top of the identity verification system, and further validation using Certificate Authorities or Trust Service Providers will be helpful.
Finding the perfect tool would further speed up workflows and cycles. Here is a list of a few best software providing the most efficient electronic signature features.
E-Signatures' pioneer, DocuSign claims the top spot in providing the most time-efficient solutions. It digitizes the whole agreement, from drafts to archives of signed documents. The platform comes with 350 business apps. Nearly every device accomplishes data entry and legal compliances.
You can also embed DocuSign in mobile apps and websites. These features abbreviate internal processes, render more accurate information, and yield higher completion rates. It maximizes time and reduces costs. DocuSign nearly accomplishes 85% of agreements in a day.
The system’s software expands the Electronic Signatures’ features that promote the ease of accomplishing, not just signing, documents. It can serve as a calendar, providing reminders for signing dates and other deadlines.
Users can track documents and can set up reports on the signing process. The software tracks the signing history and ensures legal and other requirements are met. It can provide a secure, accessible sign-in process, as well as customize compliance.
The software simplifies even more systems at large organizations like credit unions. It allows documents to be sent to multiple parties simultaneously. It offers scaling and custom branding.
Users find its dashboard features and signing process very easy to use. Archived documents can be accessed quickly. In addition, DocuSign can be used beyond 60 days—exceeding the 30-day limit of other platforms.
Only a few minor details need improvements, like form field entry and the lack of more detailed fields. But overall, it provides competitive value for money.
HelloSign claims to provide the most accessible tool for the signing process. It also ensures all the E-Signatures accomplished are legally binding. It works well with apps (notably, widely used business apps), cloud storage services, and mobile devices - making it one of the most user-friendly solutions. It offers a mobile app at no extra cost.
It takes only 2.5 days on average for its API to be integrated. This is the fastest rate. “HelloSign for Gmail” enables Gmail users to sign in with their Gmail account information.
HelloSign customers attest to an almost 10% increase in revenue and up to 25% increase in sales close rates. Over $50,000 on average can be saved yearly with the use of this platform.
The platform offers free use for a limited number of documents.
3. OneSpan Sign
A heavyweight in digital solutions, OneSpan is one of the leading E-Signature software. OneSpan Sign has a single SaaS platform that can be used on-site or in the cloud.
It provides an intuitive user interface that speeds up the signing process. It also embeds the audit history in the document, which assures the latter’s integrity. It’s budget-friendly as well.
Some users comment on the limitations of the search function. A few have also observed minor glitches during use.
OneSpan Sign also offers a 30-day free trial.
More than four million users in 150 countries swear by SignEasy. It may have the most diverse clientele. It’s touted as one of the best business apps on the App Store and Play Store. Forbes recommends it as “a great tool for those always on the go.” It’s also one of the most affordable software offering great value. There’s no limit to documents and signatories.
Most users do not mention any negative feedback. Comments are often only on design, not function. The interface is generally found accessible. Documents, however, need to be signed one by one.
SignEasy doesn’t provide the option for company stamps either. SignEasy makes up for its shortcomings with quick, helpful support.
5. Adobe Sign
Adobe has become a trusted household name in processing secure documents in digital form. With more than 25 years of proven quality service, it now offers a complete solution for delivering seamless, digitized workflows with Adobe Sign.
There’s no need for customization with its integrations (which include Salesforce, Microsoft Office, and Oracle CRM, among others). As with other top platforms, Adobe Sign relieves operations of tedious manual processes and improves sales productivity.
The #1 E-Signature app on the Apple App Store, SignNow is popular for its mobile functions. It also gets consistently high ratings in the main categories: Setup, Maintenance, Support, Ease of Business, and Signing Process.
SignNow is also the #1 Enterprise software according to Enterprise users, with a satisfaction score of 9.56 out of 10.
SignNow offers a custom plan for Enterprise users.
RightSignature boasts of an “elegant, intuitive user interface,” mainly by simulating the conventional experience of signing with a pen and paper.
It produces wet-like E-Signatures. This gives the impression of a simple but modernized form that doesn’t sacrifice the personal touch for professional output. They’re easily integrated into CRM and other systems, which users find helpful in automating tedious administrative processes.
Their customer support is also commendable. Many users comment that the interface needs to be updated, emphasizing that some of their clients find it hard to complete documents.
Each of these E-Signature solutions offers users the convenience of sending, signing, and receiving documents through their mobile device, at their ease. They all save management and general operations' valuable time and reduce costs through the digitization of paperwork.
For financial cooperatives like credit unions, DocuSign may prove the most helpful. The software facilitates the whole process of the agreement and enables the communication of documents to multiple parties. But cheaper alternatives like SignEasy and SignNow may be more practical for those with a limited budget, particularly start-ups seeking more growth in revenue.
Organizations with voluminous backlogs might need the easiest method and find HelloSign a lifesaver. Outfits with security as a major concern may find OneSpan Sign the most suitable option. Older institutions that capitalize on their traditional brand might select RightSignature for a more conventional design or Adobe Sign for a trusted name.
Analyzing a user’s specifics, particularly those relevant to their budget and primary objectives, would help yield an informed choice in a sea of quality solutions.
“One thing is sure—the Electronic Signature has increasingly become essential not only in streamlining but also in revolutionizing, business. It has become a necessity. Step into the future with this vital tool.”