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Electronic signature technology is already the industry standard for executing business contracts in almost every industry. Professionals in real estate, legal services, investment management and insurance, particularly, have adopted use of this technology to transact efficiently. As eSignatures have now reached mainstream levels of adoption, where does the technology go from here?
Much of the uncertainty as to the legality of electronically signed contracts has dissipated over the last decade and a half — through definitions in the broad state (UETA) and Federal (ESIGN) statutes, and through practice by the first few waves of adopters.
eSignature technology offers much more than just the ability to get a document signed remotely. eSignature technology also provides businesses with the opportunity to completely reinvigorate decades-old business processes, enhance productivity, and automate mundane work flows.
People use eSignatures every day without even realizing they’re “eSigning” — signing on an electronic signature pad at grocery store check-out, replying to an email with a typed confirmation of terms, or putting in a PIN code for a debit card transaction, for example. Most people have no doubts about the legality of these everyday […]
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