Signatures are a crucial part of most business transactions. Having a client or customer sign their name verifies they agree to the terms of a contract or other binding document. Once a client signs a form with their initials, name, or identifying mark, it becomes easier to prove acceptance in a court of law. Traditionally, people signed using an ink pen. However, today’s digital world means it’s not always possible to get a person’s signature in person.
The Introduction of eSignatures
As more and more companies began conducting business online, they needed a quick and efficient way for their clients to sign critical documents or manage contracts online. Most importantly, these signatures must be legally binding. Today, esignature for MSPs and resellers streamlines document signing without ever meeting the client face to face. With just a few clicks, a customer can now agree to the terms of service without ever leaving their home.
While signing contracts online is now commonplace, it wasn’t always as popular. The dot-com bubble of 1995 led to an increase in internet usage. It soon became evident that the average consumer now needed an easy way to sign contracts, and companies wanted to make sure it was also completely legal. In mid-2000, President Clinton signed the Electronic Signatures in Global and National Commerce Act. This new law validated electronic signatures and records for a variety of transactions, including domestic and foreign commerce.
Stay Compliant with White Label Services
For an electronic signature to hold up in court, it must meet four requirements. First, electronically signed documents are only valid if all parties intend to sign them. Second, everyone involved must agree to handle business electronically. Third, the service provider must retain records proving how the electronic signature was created. Finally, it must be possible to accurately reproduce the signed document for all entities involved with the contract.
Meeting these specific demands isn’t an easy task for the average online business. One mistake could void an otherwise valid contract. White label esignature services take the guesswork out of creating, collecting, and retaining online signatures. The provider designs fully customizable contracts that are specific to the client. Each document features the client’s name and logo. This feature promotes brand awareness, enhances marketing opportunities, and the person signing never knows another entity created the form.
Benefits of Going White Label
White label esignature services are a money saver in the long run. They make it possible to collect signatures from any location. Businesses will be able to close more transactions in less time and increase profit margins. Additionally, companies won’t have to hire and train extra staff just to handle electronic contracts. Instead, business owners will be able to focus on more pressing company matters.
Going white label also eliminates the headaches associated with local and federal electronic signature regulations. While these rules protect both consumers and companies, they can be tricky to understand. A white label service will ensure every signature meets all legal requirements. Never again will a business owner worry about how to collect, manage, and store online signatures.
The eSignature for All Businesses
Any company that has online contracts, forms, or agreements could benefit from white label esignature services. In the long run, these services save businesses time and money. Customized documents also increase brand visibility and boost the overall customer experience. Best of all, it’s possible to collect legally binding signatures any time of the day or night.
