eSignature or electronic signature websites are stand alone web tools or SAAS sites allowing investment companies and individuals to get their important documents signed electronically without needing to use the post or having clients print, sign and then scan and return documents.
It is vital nowadays for companies to get their important documents and agreements physically signed by their clients to avoid any legal comeback in the future, the time of simply have a tick box on a web site form to agree with terms and conditions has gone because it have been proved again and again in the courts that this simply isn’t legally binding.
With current technology and the eSignature tools that are around these days companies have no excuse according to the courts.
For large corporate firms the best solution is for them to contact a professional web developer who can add an electronic signing option to the company’s website, but for smaller companies or companies who don’t get that many documents that require signing the most cost effective solution is the use one of the stand alone eSignature websites.
How these eSignature websites operate is they allow members to sign up for a secure account for a modest monthly or annual fee of course and once signed up the member can create/upload documents, send them to their clients and get signed PDF’s back.
There are a number of these websites around some good and some not so good. The not so good ones such as signable.co.uk are simple built using free readily available tools but this makes for a clumsy, over complicated site. The better ones such as docusign.co.uk and esignlite.com are bespoke systems built for the ground up making them simpler to use even for the not tech savvy novice.
We have done trials with both docusign.co.uk and esignlite.com and we discovered that if you are wanting features then docusign.co.uk wins, however if you are wanting simplicity, speed and the most cost effective solution then esignlite.com wins hand down.
While some companies may need the extra features provided by docusign.co.uk we didn’t and found that sending a document for signing was less that straightforward and it took us a little while to learn the system, however with esignlite.com we have sent a document within 2 minutes.
The best thing we liked about esignlite.com was the fact that the system is text based, meaning you can created documents easily from word docs etc, there’s no need to convert to PDF and upload. The system will convert your text based document to a PDF after the signature has been added.
The text based system also meant that documents could be tweaked live before sending and as a private landlord simply wanting to amend the name and address of our tenancy agreement the system saved us a lot of time and effort.