Invoices are an integral part of any business. Most organisations now have electronic invoicing systems and archive documents in digital form. This is much more efficient than paper and post but digital documents still need to be created and archived securely to prevent fraud.
We want to share a recent customer story with you from EuroCloud.
EuroCloud Europe is a pan-European non-profit organisation focusing on cloud computing. It fosters the development of a European Digital Single Market and has strong relationships with local governments and the European Commission.
Important documents are signed all the time: wills, contracts, government documents, the list is endless. The person’s signature identifies the signer, but also authorises the document by proving that they agreed to the terms stated.
We often get asked how the digital signatures produced by SigningHub are different from DocuSign. Although at a basic level the document signing services may seem similar, there are significant differences when you take apart the e-signatures and analyse the security mechanisms being employed.
One of the most confusing aspects for an organisation wishing to deploy an e-signature solution is understanding the technical jargon that different providers use. There are many e-signature schemes being offered in the market, with significant differences in terms of security and trust.
However there is very little documentation that explains these different techniques and thus allows them to be compared and assessed for their suitability in meeting a particular business purpose. Due to our extensive research in this area we have developed a high-level eBook "Choosing the right type of e-signature" with key information that helps business managers and technical architects understand the various types of e-signature that exist.
Implementing an e-signature solution successfully can be a great investment, quickly saving enormous time & money for your organisation, whilst easing life for your customers, employees and partners. But how do you get it right and not be left with yet another system for users to learn and/or avoid?
A quick background: Advanced digital signatures require each user to have their own unique signing key. The security of the system then relies on the fact that the user's private signing key is not accessible to anyone else other than the owner. If implemented properly it allows an independent judge to determine that any digital signatures produced with the user's private key must have been created by the owner and no one else - thereby delivering the "non-repudiation" property where signers can't reasonably deny the signatures they have created.