airSlate eSignature: Is it the Future of Signatures?

Transforming Signatures in the Digital Age: Why airSlate eSignature is The Future

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We live in a digital world – one with little patience left for outdated business practices dependent on papers, physical signatures, and manual processes.

As global internet penetration races towards 70% in 2023, consumer and employee expectations for frictionless digital experiences continue rising in tandem.

For agreements requiring signatures, the associated legacy workflows now trigger major productivity bottlenecks:

  • Printing piles of paper contracts, forms, and disclosures to be physically signed and collected
  • Overnight shipping documents cross-country between parties just for a signature
  • Tracking down signers in person to capture wet ink signatures

Beyond the monetary waste in printing, shipping, and storage costs, the greater loss shows in time as processes stretching days or weeks delay deals, hiring, admissions, claims, and more.

Yet despite digital transformation accelerating across marketing, sales, HR, and customer service realms, signatures remained anchored to antiquated pen and paper methods – until now.

The advent of legally valid electronic signatures unlocks organizations from the constraints of ink signatures to fundamentally evolve signature dependent processes for the digital age.

With projections for the global electronic signature market to mushroom from $1.8 billion to over $16 billion by 2028 at a CAGR of 31%, adoption has only just hit mainstream.

And leading the way with the most robust, scalable, and configurable solution available is airSlate.

airSlate eSignature‘s flexible no-code workflows automate every step leading up to signatures and beyond for 2X faster completion and endless customization scalable to organizations of any size. Compliance standards like SOC 2 Type 2, HIPAA, and PCI DSS ensure security never gets sacrificed for speed. And with effortless integrations bridging documents and data across surrounding systems, airSlate catalyzes true end-to-end digital transformation.

This guide will walk through why airSlate has quickly emerged as the future of electronic signatures – one now rapidly displacing ink signatures across major industries.

The Challenges of Ink Signatures

To appreciate why businesses urgently need to transition off ink signatures, recognize the root inefficiencies plaguing paper and manual processes:

Finance Charges: Ink signatures drive expenses for printing, scanning, faxing, shipping, and storing documents that add no value. Offices can shell out thousands per year on ink signatures eating into budgets.

Productivity Loss: Collecting signatures sequentially via paper sees projects dragged out by days or weeks awaiting physical documents to route between signers. These delays lower output for individuals and whole organizations.

Data Disconnections: Without digital continuity, signatures create data and document hand-off gaps between systems stifling visibility into status. Related data entry lags also impact downstream speed.

Lack of Audit Trails: Paper signatures provide zero visibility into signing action beyond a completed document. Electronic tracking creates essential transparency and accountability around approvals.

Contract Breaches: Unsigned papers get misplaced all the time leading to missed deadlines or commitments. Digital reminders and notifications reinforce follow through preventing breaches.

Compliance Failures: Enforcing signing of updated policies or getting signatures for regulated data access on paper carries massive compliance risks without proof.

Poor Experience: Consumers used to one-click payments and apps everywhere hate printing, scanning, faxing forms or chasing down couriers for signatures creating frictions loses business.

While organizations tolerated the longcycle times, expenses, and frustrations enzymes signatures for years, the expanding digitization of everything surrounding agreements make inconsistent paper and ink signatures glaringly painful bottlenecks.

Bridging Inefficiencies With Electronic Signatures

Electronic signatures utilize cloud-based tools that:

  • Provide unique digital identifiers proving signer authenticity, replacing handwritten names
  • Apply visual representation of signatures using fonts, images, or biometrics
  • Secure documents behind encryption protecting sensitive data
  • Archive completed documents in accessible digital repositories with easy searchability

Collectively capabilities automate, accelerate, and add accountability to signing workflows once mired in ink inefficiencies.

The Power of airSlate eSignature

As leader in electronic signatures space, airSlate eSignature makes transforming any signature-dependent process fast, flexible and frustration-free.

Capabilities automating manual efforts required with ink signatures include:

  • Drag and drop signature blocks onto documents
  • Multi-party routing rules custom tailored to any workflow
  • Cradle-to-grave event triggers covering reminders, notifications, follow-ups, and more with full audit trails tracking each step
  • End-to-end workflows connecting surrounding databases, documents, systems pre and post-signature in sequence or parallel
  • Mobile signing from any device keeps things moving 24/7
    -Legally valid compliance with SOC 2 Type 2, HIPAA, PCI DSS ensuring security
  • Custom reporting providing approver insights

With airSlate eSignature eliminating wasted efforts while accelerating speed, downstream productivity soars. Supply chain agreements once taking weeks now complete in days with procurement and logistics seamless triggers by completed contracts.

HR employee onboarding see start times cut from two weeks down to two days as offer letters route to new talent anywhere in the world for fast eSignatures flowing candidate data into payroll and benefits without delay or manual reentry.

Across enterprises, airSlate unlocks new efficiency gains that add up to millions in cost savings and revenue gains quickly exceeding 6X+ ROIs.

10 Key Modules and Features

airSlate eSignature bakes so much capability natively into its platform that seamlessly streamlines signature reliant processes end-to-end.

Standout elements driving widespread enterprise adoption include:

  1. Workflow Designer

Map any signature gathering workflow imaginable without coding via the drag and drop process builder. Set conditions, rules, notifications over any number of sequential or parallel steps.

  1. airSlate Bots

Prebuilt automation triggers that connect surrounding systems to airSlate powered workflows for seamless interoperability.

  1. Template Library

Pull ready-made, fully configurable templates for every common document type and signature scenario. Saves hours of setup time.

  1. Biometric Authentication

Verify signers behind the scenes via mobile biometrics like fingerprint scans or facial recognition for trusted identity verification.

  1. SMS Authentication

Have signers validate identities entering unique codes sent to mobile devices during signing events for added security.

  1. Conditional Field Rules

Build forms, contracts tour employment agreements with interactive fields that change dynamically on user input behind the scenes thanks to airSlate‘s logic capabilities.

  1. Bulk Recipient Import

Quickly route agreements to endless recipients by pulling in names, email addresses, and phone numbers from integrated databases in a snap.

  1. Real-Time Status Tracking

Always know who received, opened, or signed what when with continuous visibility into granular activity digitally recorded on immutable audit trails.

  1. Reminders & Notifications

Configure nudge messaging delivered at custom intervals via signers preferred comms channels if signatures stall to reinforce follow through.

  1. Zapier Integration

Connect workflows bi-directionally across hundreds of Web apps via the third-party automation platform for endless custom integrations between airSlate eSignature and surrounding systems.

Unmatched Security & Compliance Standards

Racing ahead with pure digital transformation without acknowledging security threats leaves enterprises massively exposed. Migrating signature gathering online requires rigorous protections – the exact protocols airSlate eSignature implements across infrastructure and document workflows.

SOC 2 Type 2 audited data centers, TLS 1.2 encryption across data in motion and at rest, conditional access policies, and MFA requirements provide foundational controls aligning to Zero Trust frameworks.

Additionally, baked-in measures follow strict protocols spanning:

GDPR Compliance Safeguards EU citizen data privacy rights
PCI DSS Level 1 Protects payment card transaction data
HIPAA Governs storage and transfer of healthcare records
FERPA Upholds student educational data confidentially

Implementing airSlate eSignature

Guiding a successful launch of airSlate eSignature technology requires change management savvy to smooth transitions from ink and paper to fully digital processes.

Smart practices that pave smooth rollouts include:

  1. Identify Pain Points

Before overrides change, pinpoint existing processes causing the greatest workflow frictions and bottlenecks prime for transformation gains via airSlate imprinting improvements.

  1. Start Small, Then Scale

Prove value with contained pilot programs instead of risky big bang deployments. Target one agreement workflow impacting a single department before expanding outward.

  1. Enforce Adoption

Incent usage banning paper-based processes through company policies. Make eSignatures mandatory to access benefits, book travel, submit expenses, etc. to drive engagement.

  1. Promote Employee Experience

Market reduced admin efforts required using airSlate over manual signing chasing internally to showcase direct worker benefits unlocking productivity.

  1. Develop Super Users

Train select department power users first on advanced features before expanding sessions for general employee audiences to right-size education.

  1. Highlight Security

Reinforce cybersecurity and compliance advantages electronic signatures offer over ink to overcome conservative hesitations around digitization.

  1. Provide Ongoing Support

Make self-help FAQs, how-to videos, and support contacts easily accessible to resolve user hurdles that arise post-launch minimizing disruption risks.

Studies show organizations methodically checking implementation best practice boxes experience 85% faster user adoption of new systems with airSlate over peers along with 157% better productivity gains in processes transformed.

The Future of Signatures is Electronic

By 2025, Gartner estimates over 3 billion electronic signature transactions will occur annually as adoption accelerates across enterprise and consumer scenarios alike. The COVID-induced digital shifts of 2020 set this mass conversion from ink in rapid motion.

Key trends fueling 90% of signatures moving online in coming years include:

Continuous Remote Work – With less in-office face-to-face meetings likely post-pandemic, obtaining ink signatures proves prohibitive. Shared online documents and eSignatures bridge distance collaboration barriers.

Rise of Digital Transactions – From eCommerce boom to mobile banking prevalence, consumers enacted a digital mindset shift demanding ultra fast, self-service experiences they now expect everywhere – agreements included.

Generational Momentum – Gen Z and Millennials entering both the workforce and positions of influence as key decision makers refuse paper intensive processes viewed as archaic replacements exist.

SaaS Partnerships – The signature capability market previously dominated by a handful of point solutions now sees exponential embedded usage growth partnered into thousands of downstream web apps natively.

Expanded Legal Acceptance – Governments enacting laws upholding electronic signatures as legally valid replacements to ink signatures clear obstacles to enterprise adoption.

AirSlate Emerges as the Future Leader

While early entry players like DocuSign and Adobe Sign helped pioneer legitimacy of eSignatures, first-to-market fails to ensure category leadership long term. The next phase of explosive projected growth rewards the most flexible, scalable, integrated, and automated solution ready for complex enterprise deployment. On all these dynamics, airSlate eSignature stands poised to dominate the electronic signature arena in the coming digital decade.

Conclusion

Digital acceleration shows no signs of slowing across how business gets conducted, agreements signed included. Transitioning signature dependent workflows off friction filled paper processes no longer provides optional optimization but instead essential adaptation defining winners and losers in the years ahead.

Luckily, airSlate eSignature makes securing the efficiencies of legally valid electronic signatures in harmony with top security standards attainable for organizations of any size without prolonged rollout risks. Automation around verifying signers, routing documents, collecting signatures, and keeping surrounding systems in sync accelerates processes by over 67% while bespoke controls give customization power at scale.

Combined with projected market growth climbing over 31% annually in coming years, early movers committing to airSlate secure poles position to capitalize on monopolize on the paperless future fate of signatures now inevitable.

To learn more about maximizing operational velocity across HR, sales, contracts, healthcare, and any process tethered to signatures with airSlate eSignature, schedule a custom demo below.