Electronic Signature 101

Everything you ever wanted to know about electronic signatures, but didn’t know who to ask.

What is an electronic signature?

Any signing of a non-printed document.

Also called a digital signature.

What kinds of electronic signature are there?

app like PandaDoc, encrypted software & apps

stylus pen or your finger tip on tablet or smartphone touchscreen

verifying your identity by entering ID number, birthdate, phone

using an image of your signature

typing your name between /slashes/

Paper vs. ElectronicWith electronic signature comes:

ease of use

quicker

safer

cheaper

Where is an electronic signature legal?

Where eSignature is legal

It’s essentially legal with some extra requirements

Unknown, consult local laws

Are electronic signatures legal in the U.S.A.?

Absolutely! Bill Clinton signed it into law in 2000 to boost the economy and to ease the flow of local and international commerce.

Laws pertaining to eSignature:

- Uniform Electronic Transactions Act

- Signatures in Global & National Commerce Act - aka - The E-Sign Act

Is PandaDoc legal in the U.S.A.?Absolutely! There are 5 requirements for an electronic signature to be valid in the United States:

1. Must be unique to the person using it.

2. Must be verifiable.

3. Must be under only control of person signing

4. Must guarantee document cannot be altered after electronically signed.

5. Must capture & preserve signer’s understanding, intent, responsibility, & consent.

The PandaDoc process of unique, encrypted electronic signature assures all these legal standards are fully met.

Why should I use an electronic signature?

It’s Safer!

It’s Cheaper!

It’s Quicker!

It’s Organized!

Can I use eSignatures in a bank?Absolutely! Check with your bank to learn if they have extra safe-guarding procedures.

Can I use eSignatures in court?Absolutely! So long as the process meets local law requirements, there should never be a problem.

Can I use eSignatures with notaries?Absolutely! Use an e-notary. They validate your identity with a digital certificate.

Electronic Signature is Safer

85% of identity theft is OFFline

Don’t leave your secrets lying around

Maintain secure records

No one can forge your electronic fingerprint

What makes PandaDoc saferPandaDoc is actually more accurate & verifiable

Maintains a full log of of every transaction with IP, user and timestamp

Each doc is completed with an Electronic Signature Certificate that includes all signatures & a unique barcode

Safe connection: industry-standard 256-bit SSL encryption protocols

Automatic daily server backups, replicating across regions to guarantee your data is kept safe

Infrastructure monitoring to prevent data loss

Electronic Signature is Cheaper

Printer ink costs more than champagne or blood!

The average worker wastes 10,000 pieces of paper or $80 a year

No need to buy printers, scanners, fax machines, copiers — think of all that money and space saved!

What makes a PandaDoc a deal

So much more affordable than paper, ink, and 4 bulky office electronics

Help your clients say Yes faster

Keeps it all in one place

Electronic Signature is Quicker!Your clients say Yes! faster

Your worldwide colleagues sign off on things faster

Negotiate deals in real time right on the document

Know when your client opens your doc & how much time they spend looking at what

What makes PandaDoc Quicker!

PandaDoc is the easiest-to-use electronic signature app on the market!

It takes under a minute to upload a doc, drag-n-drop signature & other fields, and assign specific actors

Electronic Signature is Organized!

The cloud allows you to find anything from anywhere

Employees waste 6 weeks a year looking for docs — ten minutes per doc!

The cloud is a search engine for your documents

One DVD holds same as 28 filing cabinets

PandaDoc makes your business smarter!

Use our Document Dashboard to keep track of each and every doc, who comments on what, who signs what

Know as soon as your client Opens your doc and How Long they were looking at What

PandaDoc enables you to do educated followup and lets you to get done business quicker!

Track document versions, so you never get mixed up again

Your recipients can only sign and comment where you tell them to, so no more signing mistakes

Plus Electronic Signatures Help Save Trees!

When should I avoid an electronic signature?Wills — always consult a lawyer, but every state and country is different with how a last will & testament should be signed

Birth Certificates — and other legal docs, as the government lags behind the law

Other Family Law

Want to close deals faster with PandaDoc?

Sign up for Free today at PandaDoc.com to start creating, sending, and tracking documents for legally binding electronic signature today!