Is Your Digital Form Solution E-SIGN Act-Compliant? Here’s Why It Matters
Don’t risk it – select a digital form solution capable of collecting legally binding eSignatures
Many form solutions provide basic signature collection, but they may not be E-SIGN Act-compliant – in this blog we’ll break down why this matters to you and your business.
Why use electronic signatures?
Electronic signatures keep your team nimble – they can be collected instantly, referenced in real-time, and used to reduce time-wasting administrative tasks. But most importantly, under the E-SIGN Act, electronic signatures are legally binding.
What is the E-SIGN Act?
The Electronic Signatures in Global and National Commerce Act (E-Sign Act) was passed in 2000 and outlines requirements for an electronic signature to be considered valid under United States law. Under the E-SIGN Act, an eSignature solution must:
Demonstrate an individual’s consent to sign and intent to sign electronically
Attribute signatures to a specific, verified signer
Attach or clearly associate an electronic signature with the record being signed
Maintain records of the signed record for all parties
It is important to note that state, county, and international laws may require additional steps when capturing a compliant electronic signature. Always check local laws before continuing with an eSign solution.
Why eSign matters to you and your business
Electronic signatures allow your business to collect legally binding contracts and documents digitally. There are countless benefits of leveraging legally binding, E-SIGN compliant elecontric signatures, including:
Risk reduction: Basic signature fields are not legally binding, allowing signers to dispute any terms or agreements outlined in your document. Utilizing an E-SIGN Act-compliant digital forms solution you can rest assured that collected eSignatures carry the same authority as a traditional pen-and-paper signature.
Efficiency: As most digital forms users know, digitizing common processes like signature capture, can immensely impact efficiencies and streamline daily work. With electronic signatures, you can instantly reduce authorization delays by eliminating time spent printing, signing, mailing, or collecting documents.
Convenience: Digital forms can be accessed in seconds, directly from your mobile device or online – meaning you can ensure your team is armed with the right paperwork, at all times. Rather than asking customers or clients to wait for documents to be printed, delivered, collected, and processed, you can provide a digital
Cost-effectiveness: Electronic signatures eliminate the need for printed documents or time wasted scanning or filing signed forms – empowering your business to minimize waste while boosting efficiencies.
Finally, like digital forms, electronic signatures are undoubtedly here to stay. Selecting a digital form solution that provides seamless eSignature capture allows your team to remain ahead of the curve, without requiring the adoption of a separate signature solution.
eSignature, at no additional cost
A comprehensive digital form solution should provide all the features you need to complete your documentation – eSignature included. GoFormz provides E-SIGN Act-compliant electronic Signature fields to all free trial and paid tier users, meaning your team can collect legally binding documents at no additional cost.
Interested in trying eSignature out for yourself? Sign up for a free trial of the GoFormz platform and test drive electronic signature capture today!