The modern world is a connected one. Even before the internet was invented, people were sending emails, sending faxes, and connecting via telephone calls and video conferences. Companies from different continents do business daily, collaborating to produce goods, services, and ideas that then get sold back to consumers all over the world. This connectivity has led to many new ways of working for companies around the globe — especially when it comes to developing workflows that allow employees in distant offices or even time zones to collaborate effectively on projects without being slowed down by bureaucracy or geographic difficulties.
Pharmaceutical
As you may have guessed, pharmaceutical companies are big fans of electronic signatures. This is because they allow for much better tracking when it comes to:
- Tracking drugs (including where they are at every given moment)
- Tracking patients (who has access to specific drugs or prescriptions, who should be prescribed what drug)
- Tracking employees (who has access to what information and when)
- Tracking inventory (what’s being stored in which location)
Healthcare
The healthcare industry is no stranger to the benefits of electronic signatures. Electronic signatures make it possible for doctors, nurses, and other medical professionals to access patients’ medical records from anywhere in the world. E signing also means that all parties can sign off on an important form or document at any time of day or night — without having to worry about missing work hours due to distance from one another. This improves patient care because it allows doctors to get information about a particular patient’s condition more quickly and easily than ever before.
IT, Software & hardware
Software and hardware companies use e signatures to sign contracts with clients. These may include agreements to purchase a product or contracts that allow you access to the company’s website.
Energy
E signatures are commonly used by utility companies and their customers to sign contracts and bills online. They can also be used to create purchase orders, invoice payments, or other documents related to your business dealings with other companies in the same field as yours.
Real estate and construction
Real estate agents and construction companies use e signatures for many different reasons. For example, when a new home is being built, you can use e signatures to ensure that all stakeholders have signed off on their contracts and forms. You can also use it when ordering materials from a supplier—the vendor will send you an invoice, which you can then sign using your mobile device or computer.
The benefits of using e signatures in construction projects include:
- Improving communication between team members
- Reducing paperwork errors caused by manual signatures
- Saving time by eliminating the need for fax machines
Media and entertainment
E signature software is used in the media and entertainment industry. It’s used in the film and TV industry, it’s used in the music industry, and it’s used in the publishing industry and advertising.
Finance and insurance
Finance and insurance companies use e signatures to share documents. They can also be used to sign contracts, legal documents, and loan agreements.
Manufacturing, engineering & automotive
E signature software is used in many industries, but it’s particularly suited to those with a high level of paperwork. The automotive industry is one such industry, as are engineering and manufacturing.
The automotive industry relies heavily upon e signatures for contracts between manufacturers and dealerships, as well as between buyers and sellers.
Retail & consumer goods
Retailers use e signatures to authenticate transactions. Specifically, an e signature can be used for:
- Credit card processing
- Electronic funds transfer (EFT)
- Invoicing and payments
Conclusion
From the healthcare industry to the retail industry, to the entertainment industry, e signatures are becoming more and more common. And with good reason. The fact is that e signature software is growing in popularity. From lawyers to property agents to financial experts, numerous industries are turning to e signature technology to fight back fraud and streamline their systems. It’s a convenient solution for all parties involved, and it’s changing the way we do business forever.