How to Create an Electronic Signature Free Online with Signature Generator

The global e-signature market has seen tremendous growth over the last decade. Interestingly, this rising trend line looks unlikely to plummet anytime soon. A probable reason for this exponential growth is the results and benefits they’ve not been known to present to individuals and businesses.

These benefits include scalability, cost-effectiveness, transparency, and enhanced data integrity. Electronic signatures are swifter and more secure than the traditional method of getting a very important signature. 

The traditional method of collecting signatures via mail or fax takes a lot of time, money, and paper. With e-signatures, organizations can cut down on transaction time and costs. 

In spite of its many benefits to businesses, many employers still don’t know what they are or how they can be integrated into their business workflows.

Part 1: What is Electronic Signature?

An electronic signature is any mark, symbol or sound in electronic format used to show approval to the terms and conditions stated in a contract, record or document. Most often than not, they have a higher validity degree than traditional wet-ink signatures. Hence, they have become widely used in manufacturing, legal, real estate, finance and marketing industries.

Electronic Signature V.S. Digital Signature

However, electronic signatures have a virtual counterpart - digital signatures. Both terms are sometimes used interchangeably by users, but there are certain characteristics that distinguish one from the other.

Digital signatures make use of a mathematical algorithm that uniquely links a signer to a document to encrypt the document. This encryption is done to authenticate the signer’s identity and discourage tampering of the document post-signing.

Part 2: Creating an electronic signature

Creating an electronic signature is many ways similar to traditional signing using a pen and paper. Only this time, it is drawn using an online signing solution rather than a pen.

2.1 CocoSign - The Ideal Electronic Signature Solution For You

Cocosign is a well-trusted platform that enables you to collect and implement digital signatures on electronic documents. Their easy e-signature algorithm would boost your business efficiency in a great way. 

Cocosign provides a productive signing procedure by enabling sign participants to sign any type of document online via all types of electronic gadgets, including smart phones. They provide a flexible alternative to manage and track your document workflow. All you need to do is to sign up on their platform, and you would enjoy the seamless experience of using an electronic signature.

2.2 Steps In Signing Documents Using CocoSign

Creating an electronic signature should be a breeze-through if you are using a reliable and efficient electronic signing solution. Highlighted below are the steps involved in creating an electronic signature. We shall be using CocoSign for the purpose of this illustration.

Step 1: Drag and drop document

To begin with, create a CocoSign account and get rewarded with a 30-day trial period. Then, drag the document to be uploaded into the highlighted window to upload it onto the platform. Another option is clicking the ‘select file link’ to upload the document.

Step 2: Sign document

Proceed to sign the document once it has been uploaded. Here are some of the options you have for signing on the platform.

• Draw your signature using a stylus pen, mouse or laptop trackpad
• Sign on a piece of paper, scanning the image and uploading on the platform
• Type in a name and style using any of the platform’s styling templates.

Step 3: Download document

Once you’re done signing, click done to save changes and let the server process the document. After this, you can download the document to your local device.

Part 3: Benefits of creating an electronic signature

There are so many benefits that accrue to individuals and businesses using electronic signatures. Some of them include:

• Saves Time: With an electronic signature platform, you can process urgent and time-sensitive contracts within a very short time.

• Minimizes risks and enhances security: Online signing solutions like CocoSign have an audit trail feature that tracks and monitors who has signed a document and when it was signed. It also keeps a record of the user's IP address.
   
• Reduces costs: Unlike the traditional method of managing paper documents, using electronic signatures helps you save about a billion dollars by minimizing their paper waste by just one percent.
   
• Improves customer experience: You can improve your customer’s experience and satisfaction by employing an easier and more effective way of gathering their preferences and feedback by using electronic signature.
   
• Encourages a green environment: Reducing paper usage in offices can to a large extent provide a greener ecosystem.
   
• Increases productivity: Cocosign has a template feature that would come in handy, especially if you use the same documents daily.

Conclusion

The importance of electronic signatures to businesses cannot be overemphasized. It reduces transaction time, costs and improves the business’ productivity. These are more than enough reasons to buy into the idea. The benefits realized from electronic signature are immeasurable. 
 

Every organization is assured of finding it very useful. With an electronic signing solution integrated into your business workflow, you can say goodbye to all that annoying paperwork and bid your filing cabinet farewell too.