6 fascinating statistics about e-signatures that will make your business easier

Article content

Electronic signature on the rise

Electronic signatures are now a common working tool in many companies and businesses around the world, and this rule is no exception in our latitudes. The use of electronic signatures provides users with a number of practical advantages that today put us firmly on the threshold of an era in which we are gradually saying goodbye to the days when we had to send printed documents to clients, managers, authorities or business partners for signature.

More and more individuals, projects, or organizations that have implemented the use of e-signatures in their practical lives, are now confirming that all processes have been significantly accelerated as a result. With the dynamic development of technology that we have witnessed in recent years, it now allows us to conveniently verify all documents, contracts and written materials using electronic signatures even remotely.

Did you know that? ..
The number of individuals and organizations using electronic signatures has increased exponentially over the past decade. Another statistic confirms that in just five years, the number of global transactions using electronic signatures has increased from 89 million to 754 million.

 

Electronic reduces costs and improves workflow

The development of digital technology has improved our lives in many ways, both personally and professionally. A less complex, more transparent and transparent administration allows individuals and organizations to use their resources more efficiently and focus them on strategic issues. Meanwhile, the growing number of e-signature users worldwide is a clear indication of a trend that is gradually taking root in the practical lives of citizens, authorities, public institutions, and private organizations.

Practical experience of many people and companies brings positive news that electronic signing simplifies and streamlines corporate processes and saves time spent travelling to the authorities, as well as waiting for signatures of managers and executives or other persons authorized to sign the documents and documents. There is no doubt that e-signatures have changed the culture of signing for the better since their inception.

Below, we take another closer look at some interesting statistics in the area of electronic signatures:

• One such foreign statistic is that companies in the United States of America (USA) spend more than $120 billion annually. USD 120 million on printing paper documents, although most of these materials are already outdated after three months.
• As he further reports, US companies are spending $8 billion. USF annually on paper document processing. It is therefore not such a big surprise that the move to e-signatures has significantly reduced the costs spent on paper and helped organizations optimize their workflow.
• According to some published statistics, companies save between 55% and 78% of administrative costs by using electronic documents instead of paper.

An equally interesting fact is the ability to reduce errors, which companies achieve through the electronicization of documents and electronic signatures. Statistics in this segment show that companies that have customers sign documents electronically have seen up to an 80 percent reduction in signing errors. The reason for this is simple and it says that if we make a mistake while signing electronically, with one click of the mouse we perform the operation again. Compared to when we sign a document wrongly on paper, in most cases it is necessary to print a new document.

Qualified electronic signature via the NFQES.com platform

NFQES.com is a complete SaaS platform that helps companies optimize and secure electronic communications, including e-signatures. We are a certification authority for all levels of electronic signature in accordance with the European eIDAS regulation. We ensure all processes are in compliance with the strictest quality standards. In our portfolio of products and services, interested parties will also find modern Enterprise solutions that include advanced services enabling digitization of processes related to electronic signatures.

TIP: The above mentioned services and Enterprise solutions can be implemented on your site or hosted on our site

Did you know that? ..
A qualified electronic signature provides users with the highest guarantee of authenticity and security in accordance with the European eIDAS Regulation.

 

What can you get with a qualified electronic signature through NFQES.com?

1. A modern solution for signing documents, company materials and contracts that saves time, energy and money, while you can sign contracts quickly, easily and conveniently directly from your mobile phone.
2. Safety and security, where we are regularly audited as a certification authority issuing certificates throughout the EU. This gives you the highest assurance of security in the field of electronic signatures.
3. Digital transformation gives businesses and organisations a competitive advantage, saving financial resources spent on archiving, printing, servicing, mailing and processes on outdated paper-based document processing.

Qualified electronic signature: a comprehensive tool for all activities related to electronic signature

You can access all types of electronic signatures on NFQES.com, including qualified electronic signatures. Signing with this tool provides a quick, easy and free way to verify and/or deliver an electronic document that has actually been signed by a relevant and responsible person.

Part of our services is also an electronic mailbox, which is an effective tool for complex management of digital documents, where users can store invoices, contracts, other corporate documents, documents with direct possibility of electronic signing.

TIP
Through the NFQES.com platform, you can also instantly access your complete electronic signature history, which is clearly displayed with all your documents in one place, and you can conveniently enter the necessary filters in those documents based on the type of electronic signature. The signed file can be immediately downloaded or removed from the history. The function itself can also be easily deactivated if the user is not interested in it.

Of course, two-factor verification is available, which allows our solutions to authenticate using an external device that is connected to your account. The NFQES.com platform is designed for individuals, corporations, and public institutions. For more information about the platform itself, as well as the products and services offered, please visit this link.