Esign with MFA
Vikram Sareen
GAICD. Cybersec & AI Ethics Expert & Speaker, 5x Growth Booster. Product Innovator, Solution & Security Architect. Member AISA. Pursuing CISSP.
Everything To Know About E-sign with MFA
An e-signature, just like a traditional pen and paper signature, is a legally binding demonstration of a customer’s agreement with the contents of the contract form or document. Meanwhile, customers can quickly provide consent with a finger or type signature swipe and even legally capture an e-signature on an iPhone or mobile device. To be a legally valid e-signature, they are required to include the following:
- Demonstrate that signatures are whom they claim to be
- Capture the signers’ intention to sign
- The signature's authenticity can be independently verified.
Why Traditional ESIGN is a Failure
Folkloric signs are no longer adequate for corporations for whom performance is increasing and prioritized. E-signature allows companies to save worthy time spent on printing, shipping, and waiting to accept signed paperwork.
Many Businesses Are Still Striving In Embracing Electronic Signatures Because:
- Cost of Implementing Digital Signatures: Another barrier to implementing digital signatures is the cost of implementation. Since the ROI in adopting digital signature is not clear-cut, several companies are reluctant to adopt the new technology.
- Using Digital Signature Requires many efforts: Another barrier to implementing digital signatures is that the company management thinks it requires much effort.
Three Unbelievable Ways Our E-sign with MFA Can Make Organizations Better
To illustrate how Blue Bricks meets and exceeds the legal pillars of electronic signatures, let us take a look:
- Enhanced security: You can be confident that your records will make it to the right people with safety controls, including independent facial verification and providing the IP address of the users.
- Easy to use across industries and countries: No matter who your customers are or anywhere they are established, users are habitual to the signature experience and prefer the advantage of signing a paper directly from their phone or tablet.
- Save money: All advantages add up to meaningful cost savings for enterprises, from reducing paper and distribution costs to defeating the amount of time it demands to sign and negotiate payment from brand-new clients.
More About Blue Bricks eSignature Solution
Electronic signatures have produced a whole new level of service for corporations that deal with lawfully binding contracts. What previously exercised weeks – directing an agreement to the signee, who then posted it back with their signature – now results immediately.
It is also much more practical than faxing a document to be delivered with a signature or emailing a report and examining the signed paperback into the workstation.
Not only does Blue Bricks allow businesses to exceed all electronic signature requirements, but our process is also compliant with nearly every set of laws governing electronic signatures across the globe.