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What Is an Electronic Signature?

An electronic signature is exactly what it sounds like: a signature that you can use electronically, either by inserting a preformatted signature into a document, or using a third-party tool that allows you to sign something from your computer.

So, instead of having to physically print, sign, and then scan (or otherwise reupload) a document that needs a signature, an electronic signature allows you to sign something digitally, without having to actually sign a hard copy.

Why Is It Important to Sign Documents Electronically?

Here are a few key reasons why you should use electronic signatures when possible:

  • They're legally valid and widely accepted for agreements in any industry.
  • They cut turnaround time in documents by 40% or more.
  • Electronic signatures take the hassle out of dealing with paper, printers, and scanners.
  • Electronic signature tools like SignWell make them easier than ever to do, for free.

This might sound like a lot of rules, but if you are considering adopting electronic signatures for your business, you'll find that the tools like SignWell have already taken all these measures into account.

Common Questions Related to eSignatures

Are Electronic Signatures Legally Binding? Are They Allowed in Any Agreement?

Yes they are! The person signing a document electronically must give consent. This is sometimes presented in the form of a checkbox, ensuring that the person signing is consenting to the submission of the signature electronically.

What's the Difference Between an Online/Electronic Signature and Digital Signature?

We have a free online signature tool helps you create a free downloadable electronic signature, which is the same as an online signature. Digital signatures are a type of electronic signature with encrypted information that helps verify the authenticity of messages and documents. This typically involves a more complicated process involving private and public encryption keys. More on that here.