adminTo put it simply, conveyancing is the process of transferring the legal ownership of property. With increasing digitalisation, it was only a matter of time before contractual workflows went online as well.
That said, conveyancing serves as the bridge between the purchase agreement bills and other legal papers needed to transfer property. And as digitisation goes mainstream, traditional, paper-based conveyancing is slowly but surely becoming a tale of the past.
So, if you’re still using paper-based methods for your conveyancing, here are 9 reasons why you need to switch to eSignatures:
1. It Saves A Tonne Of Time
Think of those protracted lines that you have endured for at least half an hour and occasionally much longer. Think of all the time you waste waiting just to be told that a document is missing and you are unable to move further.
To put this in perspective, a recent study confirms that eSignatures reduce the hassle of signing agreements and documents by up to 84 per cent! This usually results in the finalization of the accords within 24 hours of receiving confirmation.
2. You Can Access Official Documents Right Away
What occurs when you are required to submit a formal document to a different entity? You must travel to one location to seek a document, bring it to the other location, and then wait for somebody to witness your signature. With eSignatures, you can access documents from anywhere in the world with an internet connection.
You no longer have to worry about the document getting lost in transit or taking too long to reach its destination. eSignatures enable you to access and sign documents right away, thus paving the way for 24/7 accessibility.
3. Eco-Friendly Solution
Paper is produced from wood pulp that is sourced from trees. Deforestation, burning fossil fuels, and the production of chemicals during the paper-making process are all consequences of excessive paper consumption, which is terrible for the environment.
The United Nations warns that the world is running out of time to save the planet. The UN urges individuals and organizations to embrace sustainable living and working practices.
By switching from paper-based to digital conveyancing, you can do your bit to save the environment. eSignatures considerably reduce your carbon footprint as there is no need to print, fax, or courier documents.
4. Review Digital Trails Any Time
You can access and review your legal documentation with digital paper trails anytime. This comes in handy when you need to refer back to a contract or agreement.
eSignatures also make it easier to track changes made to the document. This is because every change is logged, dated, and timestamped. As such, you can quickly go back and view the original document and all the changes that have been made.
5. Eliminate The Risks Of Fraud And Enhance Security
It is impossible to eliminate the danger of physically sending and receiving essential documents through mail. Even so, there is considerable risk in transferring sensitive material digitally unprotected. For businesses, the stakes are even higher as they need to take every possible measure to protect their clients’ data.
When you sign a paper document, anyone can easily forge your signature. This puts you at risk of fraud and identity theft. On the other hand, eSignatures are much more secure as they are equipped with multiple layers of security. For instance, they require a PIN or password to open. In addition, they use encryption to protect the document from being tampered with.
The additional features to set up notifications and track the document allow you to confirm the signature’s legitimacy and reduce the possibility of identity fraud. In this ever-changing world, eSignature has evolved with innovations and updated the cyber security that will guarantee the clients’ speed, efficiency and safety.
Conclusion
Digital conveyancing is the industry’s future, and those who embrace it will reap the rewards in terms of the advantages mentioned above.
If you are not using eSignatures, now is the time to start!
Learn more here about how ZoopSign can help with the same.
FAQs
- Do you keep a copy of my processed files?
Absolutely not. Your files are only yours. While your files are on our servers, they are strictly secured and no one can access them. We just keep them for a maximum of 2 hours so you can download them. Right after, they are completely removed forever from our servers. You can also delete the document by yourself at the end of each conversion. We won’t check, copy or analyze your files in any way.
2. Are company files safe with your service?
Yes. All uploads use https/SSL and include our end-to-end encryption for further privacy. These additional steps increase security and satisfy most corporate data privacy policies.
3. What pdf eSign do you offer?
The PDF eSign tool offers an intuitive signing experience for all your documents. There are 3 different ways to sign your PDF. It offers:
Aadhaar-based eSign, Type signature as text and Draw signature Here
4. What are other PDF utilities?
There are all the utilities zoopsign provides: