Bis zu 65 % Rabatt auf alle Jahrespläne! 🎁 Holen Sie sich ein beliebiges Jahresabonnement mit bis zu 65% Rabatt! ❄️ 🏷️
Today, competition in the sectors has increased, and the importance of saving time has increased more than ever. In addition, companies must offer their customers easy and comfortable experiences to survive in this increasing competition. At this point, using e-signature is a useful method to save both time and money.
The use of e-signature ensures the security of the documents and makes the documents valid worldwide with the necessary regulations. In this article, we have compiled 25+ e-signature statistics for you. Thanks to our statistics, you will learn the subject in detail and apply it. Let's move on to our article without wasting more time:
Digital signature is a technology that enables secure signing and verification of documents in a digital environment.
Its accuracy and security are ensured by legal regulations worldwide. Using e-signature allows companies to save time and money. It also contributes to customer satisfaction.
Companies using e-signatures contribute to the protection of nature in addition to reducing paper costs. With 25+ e-signature statistics we have prepared for you, you will learn what e-signature is and why you should use it. Now let's move on to 25+ e-signature statistics that will benefit your company:
MSB Docs has published statistics showing the increase in the frequency of e-signature use over the past five years. In just five years, the number of global e-signature transactions has climbed from 198 million to 4,754 million. This statistic proves the growing popularity of digital solutions in the business world.
Companies prefer the electronic signature option when signing their contracts and documents. This is because electronic signatures save time and cost compared to handwritten signatures. The benefits provided by the electronic signature indicate that its use will increase in the coming years.
Exploding Topics' statistics on companies' paper costs will surprise you. The annual cost of managing paper records for US corporations is 8 billion dollars. An average corporation will pay 20 dollars to file one document and 120 dollars to find a lost document.
Minimizing the use of paper by using e-signature saves companies from costs such as storage and archiving. They also prevent the risks of damage and loss of physical documents. For this reason, companies using electronic signatures both reduce costs and ensure the security of important documents.
According to Docusign’s valuable survey, 95% of businesses are either using or planning to use e-signature technology. This statistic shows that company owners consider the concept of electronic signatures reliable, and their use will increase in the future.
Electronic signature offers companies the opportunity to sign and store digital documents securely. When signing documents digitally, the signatory uses a private key. This private key is used to verify the identity of the person signing the document. In this way, you can ensure the security of your valuable documents.
If you are curious about the main reasons for using e-signatures, you should take a look at Fujifilm's statistics. 44% of the companies that collect e-signatures use this technology to improve employee experience. 39% of companies use it to make signature status more visible.
By using electronic signatures, you can improve your work experience as well as employee satisfaction. Preferring e-signature shortens the signature and document storage processes, reducing employees' workloads and ensuring employee satisfaction. You can also better track the signature processes of your documents using e-signature.
Companies that use e-signature documents instead of paper documents save costs compared to their competitors. According to the Clusdoc Blog, companies can reduce their administrative spending by 55-78% by using electronic signatures. In addition, companies using e-signed documents eliminate storage costs.
Companies using electronic signatures not only reduce costs but also contribute to nature by reducing paper consumption. You can choose the most useful one for your company among different types of electronic signatures and start using your budget more effectively.
Drysign found that by 2029, the digital signature market is expected to grow by more than 35 billion. This statistic proves how popular the electronic signature market will become. This popularization is due to the convenience that the electronic signature concept provides to companies.
Offering your customers the e-signature option speeds up the process for them. This will make them prefer your company, and your brand awareness will increase. You can keep up with the age by choosing the rapidly growing digital signature concept for your company's transactions.
Analyzing Finances Online's statistics will show you the contribution you can make to protecting the environment with e-signatures. According to their data, companies can save 2.5 billion trees in 20 years and contribute to protecting the environment by using electronic signatures.
Using e-signature will enable you to contribute to the protection of natural resources. It will also make your company stand out in terms of brand awareness. The contribution of using electronic signatures to nature should encourage you to adopt it.
An impressive study done by Adobe showed that 77% of business owners in North America say e-signature is an essential requirement for supporting business resiliency. The reason for this situation is that the use of electronic signatures accelerates and simplifies the procedures.
With electronic signatures, you can sign your documents quickly and securely under any circumstances. In this way, you can ensure efficiency and achieve customer satisfaction. You should prefer e-signature for brand awareness and a fast and smooth documentation process.
MSB Docs has published a statistic showing the potential savings that businesses can achieve by switching to e-signature. According to them, businesses can save 85% on document handling costs by implementing e-signature solutions. This data helps you understand how much using e-signature will benefit your company.
Digital signature usage saves the costs of paper, cargo, and physical storage of documents. The cost savings that e-signature will provide to your company allows you to evaluate your resources more accurately. In this way, you can increase your profits and get ahead of your competitors.
By using e-signature, up to 76% of agreements are completed in less than a day, and 50% are completed in under 15 minutes. You can calculate the time you can save thanks to e-signature by examining this statistic published by Docusign.
Businesses frequently prefer the e-signature method due to its time savings and enhanced security. Its validity is controlled by regulatory laws such as The Electronic Signatures in Global and National Commerce Act. Therefore, you can use e-signature in your company with complete confidence.
Clusdoc Blog found that companies in the United States spend more than 120 billion dollars on paper documents each year. This expenditure on paper documents is a large expense item for companies. However, more important is the environmental damage caused by the use of paper.
By using digital certificates and documents, you can save your company from the expenses you will make for paper. You can also be beneficial to your environment by reducing paper usage. In this way, your brand awareness increases, and you provide customer satisfaction.
Since the use of electronic signatures minimizes paper use, it eliminates costs such as shipping, packaging, and storage. Drysign shared critical data proving this. According to them, companies can save 80 percent on shipping costs by using electronic signatures.
Physically signed documents mean extra costs for companies. In addition, processes such as storage and tracking of documents cause loss of time for employees. Companies using electronic signatures both save money and ensure the satisfaction of their employees.
E-signature technology provides advantages to your company with its many valuable features. Fujifilm mentioned two of these useful features in its statistics. 42% of electronic signature users said they like the field validation capabilities, and 45% said tracking signatures in real-time is easy.
The e-signature method minimizes errors and speeds up the process with its document verification and signature tracking features. In this way, it ensures the security of documents and improves the user experience. You can advance your transactions smoothly and increase efficiency by using e-signature.
Exploding Topics’ survey shows you that using the e-signature can save 28 dollars on average for each signed agreement. Especially for large companies that sign hundreds of contracts and documents per year, a profit of 28 dollars per document is significant.
Reducing the use of paper by using electronic signatures reduces costs and allows you to use your budget efficiently. By minimizing the use of paper, you can also contribute to the environment and reduce your carbon footprint.
Companies that organize their contracts using physical signatures on paper-based documents lose time compared to those using electronic signatures. MSB Docs found that 65% of businesses that continue to use pen and paper claim that getting physical signatures takes an entire workday.
Today, increasing competition in every sector increases the importance of speed and efficiency day by day. Physical signature processes involve complex procedures, take a lot of time, and lead to companies losing productivity. Therefore, you should include electronic signature solutions in your company.
According to the DocuSign survey respondents, security is the biggest reason for using digital signatures. 83% of current electronic signature users say that the most important benefit of it is the security it provides. Strong password policies and identity verification methods are the main ways to ensure e-signature security.
Ensuring the security of documents containing sensitive information about your company and preventing forgery should be your number one priority. The most useful measure you can take in this regard will be to switch from paper and pen to digital signatures.
Clusdoc Blog’s data shows the impact of using electronic signatures on customer satisfaction. According to them, companies using electronic signatures increase customer loyalty by 500%. This is because companies using e-signature datasets make transactions faster and easier for their customers.
Customers prefer companies that simplify their experiences as much as possible. Since using an e-signature is easier, it will lead consumers to prefer your company. If you want to ensure customer loyalty and customer satisfaction, you should use digital signatures for your documents.
The reliability provided by the e-signature concept increases conversion rates. Drysigns’ research shows that e-signatures can improve conversion rates and shorten the sales cycle by 400%. One of the main reasons for this is that the e-signature method ensures secure storage of documents and minimizes the possibility of loss.
The security and validity of e-signed documents are ensured by regulations such as the eIDAS regulation. The eIDAS regulation, which applies to European Union countries, ensures that e-signed documents are valid. Thus, your e-signed documents have the same validity as wet-signed documents.
You can save time and simplify transactions by integrating your e-signed documents into different platforms. According to a Fujifilm survey, 60% of e-Signature users report that working with other systems is easier with e-Signature integrations, and 51% say they make fewer mistakes.
Frequent errors in the preparation and signing processes of wet-signed documents damage the functioning of companies. In addition, such errors and the risk of losing your paper-based documents will damage your company's reputation. You can eliminate these problems and achieve consistent results by using e-signature.
Forbes published statistics showing that the use of e-signatures has become widespread worldwide. The US has the largest share of the e-signature market (22%), but countries including India, China, and Brazil are catching up with the increasing use of digital technologies.
The increase in the digital signature rate worldwide results from companies' desire to gain a competitive advantage. Companies can conduct their local and national business securely by using e-signature technology. You can make profits and reach your goals by utilizing e-signature technology.
Using electronic signatures saves companies' budgets and time, as well as reduces the possibility of making mistakes. MSB Docs survey participants stated that, on average, companies that use electronically signed documents reduce 90 percent of their processing errors.
Signing contracts and documents using paper and pen can lead to inaccurate information and spelling mistakes. Using electronic signatures will prevent these errors and simplify complex processes for you. Therefore, if you have not used it until now, you should give the electronic signature a chance.
Medium has published statistics that will guide you in e-signatures. Nearly half of organizations (48%) reported making three or more copies of their documents. Storing multiple copies of paper-based documents due to concerns about loss and security increases the cost.
Public and private keys and public key infrastructure (PKI) are used in e-signature processes. With these technologies, you can perform authentication and ensure the security of your e-signature process. In this way, you can contribute to both your budget and nature by reducing paper use.
The impressive study done by Finances Online showed that approximately 30% of all contracts containing an electronic signature are opened from a mobile web browser. This statistic shows you that the availability of e-signatures from anywhere is an important reason for preference.
Digital signing of documents via mobile devices speeds up processes and makes them accessible from anywhere. This is especially beneficial for large companies with busy work schedules. You can also improve the customer experience by making your e-signature documents mobile-friendly.
E-signature provides a great cost advantage over wet signatures in many sectors. The life sciences sector is one of the sectors where you can see this significant cost advantage. USDM found that a wet signature usually costs 50 dollars per document compared to e-signature in the life sciences sector.
Using e-signature both reduces costs and accelerates business processes compared to using the wet signature. In this way, your company increases its efficiency and gets ahead of its competitors. Therefore, switching from traditional methods to e-signature will be beneficial for your company.
The use of electronic signatures improves the user experience and ensures customer satisfaction. According to a Docusign survey, 75% of digital signature users describe their signing experience as easy. With e-signature, you can simplify complex procedures with just a few clicks.
Electronic signatures are much more effortless and take less time than wet signatures. It is important to prefer electronic signatures to serve your customers better and save time. You can keep up with the digital age by switching to e-signature.
Thanks to our statistics, you have learned that you can save costs and time by using e-signatures. Now, let's see how you can create e-signed documents with the help of forms.app. E-signed documents that you will create in just a few steps through forms.app will allow you to ensure customer satisfaction.
The signature field in forms.app
First, select one of the templates or a blank form. After making the necessary changes to your selected template, click the plus button and select the signature. Then, your signature field will be added, and you can move the signature field anywhere you want on your form. You can make customizations, such as adding a terms and conditions field to the signature field. And that’s all! Your form is ready to collect e-signatures.
The terms & conditions field in forms.app
E-signature saves you from storage and transport costs and minimizes the error rate. The 25+ e-signature statistics we share in this article will guide you using e-signature. This way, you will reduce your costs and offer better experiences to your customers and employees.
Now that you know what an e-signature is and why you should use it, you are ready to grow your company!
Fatih is a content writer at forms.app. He is also a translator and interpreter. Fatih loves reading and writing. He is passionate about exercising and traveling. His specialties are surveys, statistics, and translation.