What Every Business in the Philippines needs to Know about eSignatures | DrySign
Digital transformation and electronic signatures play a vital role in modern business operations. Adopting digital transformation helps businesses modernize their processes and systems, enabling organizations to be more resilient and create growth opportunities. On the other hand, eSignatures offer numerous benefits to companies, such as improving customer experience, saving time and money, enhancing efficiency, document management, and ensuring document security.
For business owners who are hesitant about electronic signatures, it's essential to understand the salient features of the solutions before purchasing them. Solutions that adhere to international signature laws.
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Electronic signatures must have a few critical characteristics, namely, the signer's intention, the consent of all parties, and the attribution of the signature, to make them legally enforceable and hold all parties accountable for the document's terms. In addition, this feature helps expedite deals and agreements, thus fostering business relationships.
Electronic signatures have several use cases, such as in sales contracts, purchase orders, vendor/supplier agreements, and employee onboarding. In addition, companies can digitize official documents and obtain approval from business partners via signatures. However, esignatures are not accepted for real estate documents, deeds, power of attorney, loan agreements, tax returns, and more.
What is DrySign?
DrySign is a versatile and efficient online digital signature solution that offers a range of benefits for businesses of all sizes and types, whether they are established enterprises or start-ups. With DrySign, you can streamline your workflows and automate the signing process, saving time and resources. In addition, all your documents are stored securely on the cloud, giving you easy access to them anytime, anywhere.
One of the key advantages of DrySign is its compliance with esign law, such as Republic Act No. 8792 and the Electronic Commerce Act of 2000 (“E-Commerce Act”). This ensures that your signed documents are legally enforceable, giving you peace of mind and protecting you from legal issues.
DrySign also allows multiple stakeholders to sign off on documents, making it easy for teams to collaborate on important projects. With parallel workflows, you can efficiently review and approve document changes, reducing the risk of errors and delays.
DrySign is a digital signature solution that helps organizations power the document management lifecycle. Creating documents is made easy with the help of templates, which companies can reuse with significant effect. Digital documents are stored in a central repository on the cloud, making them accessible from any location and device. DrySign's eSignatures help companies curb the use of paper and resources required to manage documents, making the solution beneficial and sustainable in the long run.
DrySign is an online signature generator that helps business owners modernize their document management process and forego manual processes, improving their organization's efficiency and effectiveness.
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DISCLAIMER: The information on this site is for general information purposes only and is not intended to serve as legal advice. Laws governing the subject matter may change quickly, and Exela cannot guarantee that all the information on this site is current or correct. Should you have specific legal questions about any of the information on this site, you should consult with a licensed attorney in your area.
