By Mikal E. Belicove|For Entrepreneur.com|August 9, 2012
If you still haven’t made the switch to electronic signatures, you’re missing out. The electronic signature process enables businesses of all sizes to simplify the task of obtaining signatures and expedites the contract signing process, all in a seamless and efficient way.
DocuSign, a San Francisco-based company that helps businesses collect and manage digital signatures for important documents, announced this week that it has raised $55.7 million in the latest round of funding, bringing the total amount raised to $122 million.
This significant funding signals the importance today’s businesses are placing on e-signature. Since its founding in 2003, DocuSign has gathered more than 20 million users who have signed more than 150 million documents.
But if you’re still unsure about moving the execution and storage of your contracts and agreements into the digital age, consider the following:
1. Is e-signature legal? Yes. Properly managed electronic signatures were given legal equivalence to “wet ink” signatures with the passage of the federal ESIGN Act signed by President Bill Clinton in 2000.
2. Is e-signature safe and secure? Electronically signed and sealed documents are more secure than their paper counterparts because they tend to contain more information about who signed them, and they can be protected from unauthorized tampering. This isn’t possible with paper. Most ID theft happens to…
Continue Reading: 5 Reasons You Should Make the Switch to Electronic Signature Technology