There are many types of electronic signatures but some of the most commonly used in business are Advanced Electronic Signatures as they are secure, identifiable and in some cases mandated by legislation or policy.
Some of the world’s strictest regulations are found in the pharmaceutical industry and companies in this sector will have extensive processes and policies to maintain data security. This applies to every department within an organisation - from robust IT systems, to secure solutions used to approve documentation electronically.
Every country has different regulations for the legality and validity of e-signatures. When dealing internationally it is important to understand country specific regulations to ensure contracts and agreements are valid.
We could write countless blogs on every country’s unique laws but for this blog we’re focusing on the recent eIDAS EU regulation and South Africa ECT Act and the differences between the two that are worth knowing.
Digitally signing business documents is becoming more prevalent as industries realise the efficiency and productivity benefits.
We have discussed the business benefits for multiple internal departments, but there are also many advantages for B2C companies.
Government workers are some of the most paper-intensive users in the world. This makes many public sector departments ideal candidates to benefit from the deployment of eSignatures.
Banks have a duty to customers. They must ensure personal and financial information is kept confidential at all times. There are many elements to this process, from encryption and two-factor authentication in mobile banking, to the questions asked over the phone to verify your identity.
Following on from the HR department, the next blog in our series exploring the business benefits of eSignatures is about the legal department.
Compliant document approval procedures are important in the departments we have previously discussed, but it is especially important for the legal department which has stricter regulations.
We’d like to share another customer story with you, this time from Somo. The digital agency has built some of the most innovative and creative mobile products and campaigns in the market for leading global brands.
Well managed human resources are essential to an organisation and it is vital to ensure the right HR procedures and documentation are in place for every department. HR is in charge of talent recruitment and personnel management processes – both of which involve multiple documents that need signing by multiple parties.
Every stage in the procurement process relies heavily on documentation and approval. From initial purchase requisition and requests for quotations, through to comparative bid analysis, contracts, purchase orders and goods received notes – each component of the procurement process needs to be clearly read, policy-checked, administered, approved and filed as documents make their way through the supply chain.