Electronic Signature Usage Advantages In The Logistics Industry
The first thing logistic businesses wish to know before adopting e signatures is the risk of involved. Lack of knowledge in matters electronic signatures can certainly make some managers apprehensive. However, what every logistic professional should understand is, signing documents online is safe and secure. Since the Electronic Signatures in Global and National Commerce Act (ESIGN) was passed on June 30, 2000, organizations all over the world have been able to esign documents safely, while at the same time, remaining confident that such documents are as legally binding just as those executed by wet-ink signatures. Let's find out other benefits of eSignatures for logistics industry.
1. Reduced costs When logistics businesses prefer paperless processes, they cut expenditure on printing, paper, as well as courier, shipping, postal and data storage (physical space) costs.
2. Greater efficiency As we earlier mentioned; a fully digital signing process powered by a reliable e-signature solution like eSign Genie, enables documents to be created, sent and signed online, speeding up workflows and reducing turnaround times.
3. Increased productivity Less time spent processing and signing logistics contracts allows your members of staff to focus on other more important tasks like closing deals and making deliveries.
4. Accurate processing As you might be aware, haulage operations accrue large amounts of receipts and data every day. Adopting esign technology ensures there are no holdups arising as a result of misplaced documents and duplication of paperwork. Additionally, there is no need for re-keying data or information manually thus, leaving less room for mistakes.
5. Greater customer acquisition eSignatures can be executed on any device, anytime, anywhere, allowing your employees to close deals faster and minimize the risk of cancellation of agreements from potential clients.
6. Reduce legal risk and ensure compliance The hassle of tracking paper-based logistics documents can results in compliance issues, especially when the audit season approaches. Once a contract has been found in some way to have been tampered with, it could result in regulatory violations and fines. E-sign solutions keep track of who signed a contract and at what time. These signed documents are automatically stored in the systems so they can be easily retrieved for future use.
7. Increased customer satisfaction Electronic signatures are easy to use and allow customers to execute a sign on common gadgets, such as tablets or Smartphones. More so, using esign technology to sign documents reassures customers that their personal information is safe and secure.
8. Environmental friendly Reducing paper use saves the environment and advances your logistics business’s credentials as an eco-friendly company.
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