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How You Can Improve Your Employee Productivity?

Being a business owner, manager, or team lead, it becomes your responsibility to ensure better employee productivity and overall team success. This can be achieved by identifying the key challenges and roadblocks and overcoming those to get the best possible results. Most challenges within the organization can be tackled easily by implementing the latest technologies. Investing in advanced tools and technologies will boost employee productivity and increase employee satisfaction levels. 

Steps to improve employee productivity

Here are a few key steps to boost employee productivity

Review your progress: The major step in identifying productivity roadblocks is to review your progress. A review of the existing workflow process will give an idea about the things that need improvement and the areas where the employees are not putting in their best efforts. After discovering the key issues, it is important to prioritize them according to their severity and create a plan of action to resolve the issue. 

Eliminate manual tasks: With the help of innovative tools and techniques, a lot of manual tasks like data entry can be automated. This helps to reduce a lot of burden from employees. They can save a lot of time and energy that can be utilized on other important tasks to enhance their productivity and efficiency. It is also vital to get a better understanding of tools that your employees are already using. Check whether these tools and technologies can be utilized in other better ways. It would be more profitable to invest in technologies that can help to perform more than one function. 

Plan and execute more efficient workflows: After discovering the key challenges and roadblocks in your organization’s success and implementing the right ways to overcome these challenges, now it’s time to focus on employing changes in your company’s processes to create more efficient workflows. This can be achieved by including a workflow management tool in the system. Since employee productivity directly relates to how well your workflows function, it is beneficial to make them more efficient. For efficient workflows, you must eliminate paperwork. Automate approvals, set reminders about various key tasks, use the same technology across teams and departments, eliminate repetitive tasks, and use e-signatures. You can try using eSignature from GoSigner to avail the maximum benefits and convenience of signing the PDFs online with e-signatures from any place at any time.

Conclusion: 

These are some of the most effective ways to improve employees’ productivity at the workplace. Keeping pace with the latest technologies and smart tools can help today’s organizations to perform better and achieve the best possible results.

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6 Benefits of E-signatures Solutions for Patients

At one point, insurance companies did not cover costs for telehealth sessions. Today, telemedicine or telehealth is the primary healthcare channel in some countries. The sector delivered essential and convenient services with telehealth during the pandemic. E-sign served as a legal backbone and boosted the use of such services. Let’s look at how the option to add electronic signature online can make patients life easier:

Confirming patient identity 

Verifying and confirming patient information remains challenging. But, it’s crucial for ensuring data privacy and preventing fraud. Digital signature technology eliminates this problem. SSL encryption, two-step authentication, and audit trail make the transaction secure. You can also opt for features like QES, timestamping, and AES to suit regulatory needs.

Information privacy and informed consent forms

Reading certain disclosures is mandatory for practitioners. So is getting a patient’s signature of approval. Clinics use informed consent documents to educate patients about the therapy. The procedure makes sure the patient knows the risks in treatment. There’s a part on legal rights and responsibilities as well. How can e-sign software help? Professionals can disclose mandatory information and get their approval signatures within minutes. 

HIPAA compliance

HIPAA compliance is necessary for apps that collect confidential information and health reports. Most electronic signature software systems are compliant with the same. Any e-signature software that’s compliant with eIDAS, UETA, and ESIGN Act is good enough. 

Securing specialist referrals 

Patients might need a specialist referral after a telehealth session. Physicians use e-signature and document management software for securing specialist referrals. There’s no need to send emails and follow up. 

Billing and payment collection 

Billing involves a lot of document processing. Healthcare providers struggle in handling billing duties and payment collection. They can send bills to patients along with an immediate payment option. E-signature software integrates with healthcare solutions enabling professionals to manage documentation from anywhere. 

Procedures like patient data collection, generating billing reports, and signing receipts become easy. There’s no compromise on data accuracy and security. 

Filing insurance documents 

Insurance-related documentation involves a lot of follow-ups and meetings. People still hesitate when it comes to face-to-face interactions. Visiting physical locations to file documents is a strict NO for some. Thus, most insurance companies accept e-signatures on forms to cut unnecessary steps. They have also implemented real-time automated form completion procedures to reduce errors. 

Scanning and faxing contracts are a thing of the past. Now, insured persons can view and sign documents even via their mobile devices. There’s something for everyone. Patients can file claims and submit e-documents. Healthcare centers can send confidential patient treatment data to insurers. Insurance companies can send renewal requests with payment options and issue e-certificates. 

Not a mere trend: 

The validity of both e-signature and digital signatures has expanded during the pandemic. Companies and governments have updated their regulations to include e-sign in their policies. Implementing e-signature technology requires careful planning. You must also consider state regulations, employee training, system integration, and other factors. 

Connect with team GoSigner. Let our experts analyze your healthcare institute’s unique needs. We can offer tailor-made features.

[gosigner]

What Tools can be Used to Digitize Various Stages in a Contracting Process?

Have you established a need for contract software? If yes, then it is important to understand what parts of the contracting process should be digitized. To secure any particular deal, the contract needs to go through various stages like it needs to be modified, negotiated, agreed, signed, implemented, linked to billing systems, and more. To carry out all these steps smoothly, many useful contracting tools are available in the market. Before selecting any kind of technology, it is advisable to analyze the details of the organization’s contracting processes. Also, make sure to find out the areas that require special attention. 

After examining and analyzing each stage of the contracting process, businesses must focus on the areas that require immediate digitalization or where technology can be implied effectively. Usually, the areas that need prioritization are the ones that involve a lot of manual effort, complications, holdups, or parameters. The more you understand your business process, the more easily you can determine the issues in the basic contracting process.

Different stages in the contracting process

Below-mentioned is some of the key stages in a contracting process that needs to be digitized to make the contracting process fast, smooth, and efficient.  

1)Contract generation stage: Contract generation often requires customization. If data is entered manually, it may lead to several errors and inefficiencies. Companies can use a Contract Lifecycle Management (CLM) tool to automate the data entry step if contract generation is the issue. The tool can effectively combine all the data from the system with a library of legal-approved clauses to attend to any specific situation.

2)Negotiation and review stage: Before getting final approval, contracts generally require negotiation and legal review. When performed via email and word, the process becomes slower with no audit trail and minimized visibility. With the help of a Contract Lifecycle Management (CLM) tool, the review process can be centralized with full tracking to ensure a quick and transparent negotiation. Advanced contract tools make use of Artificial Intelligence (AI) technology that offers recommendations for simple modifications. Thus, only the high-risk copy sections require complete legal review. 

3)Signature and execution stage: Another important stage in a contracting process is the signature and execution stage. When performed manually, the whole process of signing a contract can also be quite lengthy, tedious, and challenging, especially when multiple signers are involved. However, with the help of an e-signature solution, the entire signing process can be digitized. Nowadays, one can easily find a professional, free signature app to make the signing process quicker, easier, and efficient. The best thing about these apps is that there is no need to download, print, or scan the documents to get them signed. 

Conclusion:

Based on the specific areas of the contracting process, businesses can determine which stages need to be digitized. Accordingly, they can choose the best suitable solutions to assure better performance. 

[gosigner]

What Legal Factors to Consider while using Electronic Signatures?

Before starting the topic, we need to know what electronic signatures are, their advantages, and the legal requirements of e-sign. An electronic signature is one of the types of signature that is used as a symbol for the identification of a person. It refers to the data in an electronic form that the signer uses to sign. The electronic signature is as important as the handwritten signature as long as it complies with legal laws.

Electronic Signature for Business

An electronic signature is a legal authentication that is different from a digital signature. E-Signature has been as important as a handwritten signature since it became legal in 2000. However, some transactions require signing with the help of paper and pen. The e-signature of the person whose name was on the form indicates consent to be attached to the contract to become legally binding for all transactions.

Legal Requirements of Electronic Signature

The United States Act states that an electronic signature is legal only if all parties agree to use it. The Uniform Electronic Transaction act also describes how signatures should be used and outlined in each state.

1.It is necessary to show who the signatories are who they claim to be.

2.It is important to indicate that the signer intends to sign electronically by giving the option of paper-pen and electronic signature.

3.If he wants to handwritten a sign, they should also give him an option. For example, we can give him a cancel button.

4.We can also verify the signature independently, which means there is a mobile number IP address or timestamp.

Following all the above steps is legally binding here, but there are many situations where binding cannot be done. There might be cases where e-signature cannot be used for birth or death, divorce, or adoption. In such cases, wet signatures are made in the presence of witnesses or by a notary.

Benefits of Electronic Signature

Electronic signatures find huge applications in the business world. All the user needs to have is a valid cryptographic certificate, and all his job is done. Here is a quick sneak peek at the list of advantages of using an electronic signature for all the official work.

1.With the help of an electronic signature, we can do our work very easily and fast.

2.E-sign ensures Security legitimacy and reliability.

3.We can make the office work process easier.

4.The use of e-signs helps the business to work paperless, and hence it is eco-friendly. It proves beneficial to save both money and time.

Conclusion

Today many companies have come forward to achieve their work legally through their smartphones and computers. Moreover, there is a provision for creating custom signature requirements for any database table and field. Enjoy all the benefits of technology by choosing easy methods of authentication and integrity.

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The Easiest Way to Electronically Sign PDF Documents For Windows

Nowadays, several electronic signature apps are available online that allow users to sign PDF online free of cost. These apps allow users to send documents and receive legally binding signatures, eSign documents, and more online. It would be correct to say that these apps are the most convenient way to sign the PDFs online with e-signatures at any time from any place.

Receiving and sending documents via email has become a common practice today. You might have received a document online that you need to sign and send back. Usually, we sign PDF documents online to take the printout, sign it, scan it back, and then send it back to the respected email id. This is quite a lengthy task. However, there is an easier way to sign PDF documents without printing and scan them electronically. With this method, one can easily and quickly add their signature to any PDF document and save it as a standard PDF file that can be read easily anywhere. This method can be performed on various platforms, including Windows, Mac, iPad, iPhone, Chrome OS, Android, Linux, etc. 

First of all, it is important to note that electronic signatures are not the same as digital signatures. Digital signatures are cryptographically secure and verify that you have seen the document and authorized it. On the other hand, electronic signatures are different from digital signatures. An electronic signature is simply the image of a person’s signature placed on the top of a PDF document. We will talk about Adobe Reader-One of the best tools to create electronic signatures for PDF documents. 

Adobe Reader is one of the best and feature-rich PDF readers for windows. It provides superior support for signing PDF documents. It is easy to sign documents using Adobe Reader in few simple steps:

1)Transfer the PDF document that needs to be signed in to the Adobe Reader application

2)Select the Fill and Sign option to insert the signature

3)Click on the Sign button on the toolbar (either type the name to automatically create a signature, select an image of the signature, or draw the signature as per your requirement) 

4)Now click the Add Signature option to add your signature finally

That’s it!

The best way to create a signature in Adobe Reader is to choose the “Draw” option and draw the signature. Another best option is to choose the image of the signature. After creating the signature, choose the “Apply” option to apply the signature to the document.

Conclusion:

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Factors to consider while choosing the eSignature online for business

In the COVID-19 situation, many companies have digitalized their documentation and other processes as well. However, numerous things need to be considered by the business or a company while accepting eSignature online, such as using technology, security, scale, license, etc., to ensure the security of the documents in which it is used.

It is essential to use the technology for the same, which can be adopted easily but cannot be exploited. Many other factors should be considered as follows:

1)Secure governing agreement: The use of eSignature online is not limited to businesses or companies only but also widely used in other fields. It is also not limited to a particular country but is used worldwide. However, each state and country permits a particular framework. Though eSignature online is accommodating, to give it equal importance as manual one, the companies need to ensure that the online signature is secure that supports their company legally. The application which is used for eSignature should also be legally accepted to avoid misconduct.

2)Heavy-duty identity declaration: There is no doubt that the security of the eSignature online should be the first essential concern. It is also crucial to check that the signature of the person is allowed by the same person. It should prove that the signature is used on the particular document allowed by the respective person. This way, the identity of the person cannot be used in any fraudulent activity. The proofs can be, such as OTP sent on the person while using their signature, once verified, only it will be used, then Government Ids, biometrics, etc.

3)Easy to access: The next thing that should be considered while choosing any application to be used in the organization for eSignature online is its interface. It should be easy to use and also can connect with the other applications used in your organization. The interface for both the business and the customer should be identical to ease for the clients or customers to use.

eSignature plays a vital role in any document as it is an approval given by the parties. Therefore, it is essential to choose its platform wisely to avoid any fraudulent acts against the organization. The factors mentioned above are essential to consider while doing the same to secure and legally accepted documentation work.

[gosigner]

All About Creating a Valid Contract and its Essential Factors

Contracts are the pillar of deals that take place between two parties for smooth and trustworthy delivery of services, products or any other materialistic item. There is a general impression for contracts that it is limited to agreeing and signing on certain terms. However, it has other essential elements which need to be taken into consideration while preparing valid contracts. If any aspect is missed then that contract is eligible to be stamped down as invalid by either of the parties.

In all businesses, it requires professionalism to run it smoothly and in a better way. The best way to protect the business, and avoid legal obligations is to embrace valid contracts. The Valid contract consists of the information of all the parties involved in the same along with their expectations, roles, and responsibilities. It requires well-placed elements of a contract to make it valid. Let us read below about the factors that we should consider while creating a valid contract for our business.

Offer

The offer in the valid contract should be mentioned clearly. It usually is the answer to the question “Why”. If the offer statements are not mentioned, then the contract is not considered as a specific one to be enforced by the court. The offer can be of any kind. It can be about the money paid or providing any kinds of services. The acceptor of the contract needs to sign the contract offline, or can also sign a document online by using their digital signature.

Acceptance

The acceptance statements also play a vital role in making the contract a valid one. Acceptance is not compulsory. However, when the person who reads the offer accepts the conditions written, signs the document that denotes that the receiver has accepted the offer. These days’ people who cannot reach a particular place to sign the documents are using a digital signature to sign a document online. It is convenient and safe as well.

Consideration

Consideration is the value in form of monetary, or any other which will be received by the reader of the contract. Many times the consideration is in the form of money. The person who signs the contract accepts the offer by paying the particular amount to the other party.

Competency

Both parties must be competent enough to sign the contract. It means that they should fulfil the age criteria as per the law. Both the parties should be mature enough to understand the statements written in the contract. It is also necessary to check that the parties are not under the impact of alcohol or drugs.

The conditions and factors may vary as per the contract. You should follow all the above factors to create a valid contract for any business.

[gosigner]

Six benefits of electronic signatures that empower insurance agents.

E-signatures help insurers and their agents in setting themselves apart from the competition. Here’re six benefits that can be achieved by integrating e-signature technology in insurance CRM software. 

Closing a sale quickly

Fewer errors

Helps in increasing productivity

Improves CX during claim processing

Assists in offering an outstanding customer experience

Reduces paper and labor costs

It helps in closing a sale quickly  

Once the prospect has decided to buy a policy, they can use the electronic signature option to read terms and sign the document. They can do it while at the home, office, or anywhere else via their phone or a computer. Similarly, after completing documentation, an agent can assign it to the superior, who in turn can sign PDF online, and close the sale quickly. 

Fewer errors

Even a missing date, unchecked box, or inaccurate signature can result in a coverage lapse. Neither the agent nor the client wants such blunders. E-signature software reduces errors by alerting all the involved parties if any fields on the form are left blank.

Some documents, especially claim forms, may require I.D proofs or photographs. E-sign apps allow users to add these documents during the signing process. Clients can be alerted with pop-up alerts in case if something is missing while e-signing the same. As all these files are stored digitally, accessing them at a later stage becomes easy. Such digital workflows make life easy for field agents. 

Increase in productivity

Insurers have a lot to juggle. Agents who are forced to work with pen and paper, wet-signature documentation often spend days, weeks, or even months completing files. E-signatures can help in avoiding such profit-eating, time-wasting tasks. 

With the inefficient paper signing procedure out of the way, there is no wastage of time on printing, scanning, or waiting for couriers. Thus, automating various workflows and introducing the facility to sign PDF documents online can help agents be in a better position. 

Improves customer experience during claims processing

A study conducted by Accenture has pointed out that customers who faced issues while processing a claim are twice likely to switch to another provider. Thus, improving the claim experience is crucial for offering the best CX. The same research pointed out that roughly 41% of consumers may switch to another insurer if the provider fails to provide digital access to information.

An insured person expects rapid resolution after making a claim. When e-signature software is integrated into the CRM, consumers can use digital devices to sign in, file a claim. Agents can quickly assign the document to the claim handler and the next official in the chain. Put simply; a customer will trust an insurer who has adopted digital technologies like e-signatures. 

Helps in offering an outstanding customer experience

Controlling customer churn rate is crucial for every insurance firm these days. Inferior self-support options add fuel to the fury. Several studies have pointed out that the insurance sector is considered to be the worst when it comes to customer service. These perceptions about poor customer service are magnified if companies do not support e-signature. The absence of this option is considered a red flag in this era of the coronavirus pandemic. 

The solution is simple. Buying an insurance policy, then renewing it, and filing a claim for the same are three crucial moments in a consumer’s journey. The documentation part involves getting the signatures of multiple people. Insurers and their agents can match the current digital generation’s expectations by using e-signatures for policy approvals and changes. Consumers expect ease and convenience from day one. E-signature facility acts as an assurance for clients. They can read and eSign documents using the device of their choice. There is no need to get a print, sign, and scan physical copies of papers. 

Reduces paper and labor costs

The traditional ‘print, courier, receive, scan, and store’ procedure involves a considerable cost. E-signatures, on the other hand, can help in providing seamless service by reducing turnaround and eliminating expenditure on paper, printers, shipping charges, physical storage, etc. Insurance companies can integrate free or premium e-signature software with CRM. There’s a free electronic signature app as well.

Since the introduction of the ESIGN Act (2000) and UETA (1999), e-signatures are considered a more secure alternative to a wet ink sign. 

Which features are offered by e-signature software?

Tamper evidence is automatically generated 

Documents can be encrypted with SSL 256 encryption

Both parties can benefit from the detailed audit trail

Which insurance documents can be e-signed?

Health questionnaires

Welcome letters

Insurance policy documents 

SEPA mandates

Medical reports

Challenges in implementing e-signatures in insurance

Digitizing the company’s entire value chain is crucial 

Some traditional customers may not feel comfortable using digital signatures

ESIGN and UETA do not cover documents like codicils and wills. Thus, they cannot be e-signed and submitted digitally in some cases

[gosigner]

10 elements To consider when processing transactions with an Electronic signature online.

Modern technology has changed the way the world conducts financial transactions. In the transformation from paper to computer, one thing…

Modern technology has changed the way the world conducts financial transactions. In the transformation from paper to computer, one thing remained the same as the ‘signature.’ It can be handwritten or typed by using a smartphone, but attaching the signature is still the sign of a person’s bond. Electronic signatures are immensely used as they offer the signer to sign wherever they are on the globe. In this article let’s understand how much we actually know about the electronic signature online. And what are the issues that might occur while using them on finance transactions. Here are the 10 elements that are needed to be considered when processing transactions with an Electronic signature online.

1. Type of signature

The type of signature one chooses will be based on the reason they require the signature. The level of security, shape, size, and sophistication should match the event. The data gathered is based on the type of digital signature firm one is using. The original electronic signature uses the technology based on the eSignature patent, and evidential weight that will be afforded to any type of eSignature.

2. Type of documents and limitations of use

Documents for signing may come into a computer, tablet, or mobile phone. A document could be opened and signed by the person, with the witness seeing the signature and countersigning on a similar device. However, things get complex if the document is signed and witnessed on totally different devices and it’s inconceivable to ascertain whether or not the witness was within the same physical location, or whether or not the document received by the witness for counter-signature is that identical one that they saw being signed.

Considering contractual limitations on the use of eSign documents will be crucial for two reasons:

· Is the signatory hold the capacity and power to use e-signature?

· If not, who will bring a claim against whom, and the way will that directly or indirectly have an effect on a finance arrangement?

3. Parties and location of the signer

Demonstrate the signatory had definite intent to sign. Prove the signer consented to do their business electronically. Most electronic signatures need to give consent before signing. Some would possibly give the choice to finish the shape on paper.

4. Date and time of documents

The potential advantages and dangers with e-signatures and platforms combined are that they supply the chance to send and receive an enormous quantity of documentation. However, caution is required to make sure that any automatic date and time stamps, either recorded within the system’s activity log or inserted into documents once signed, don’t produce important confusion around once documents truly came into force (or the capability of signatories to execute on behalf of various parties if this changes throughout the course of a transaction). Those victimization technologies of this nature ought to think about, however, the qualitative analysis and temporal arrangement method are managed, to make sure that documents square measure completed, signed, delivered, regular, and dated within the correct order.

5. Signing the confirmations

It is necessary here to differentiate between a “party” and a “signatory”, as a result of assessing the validity of an electronic signature, the signatory has to have the intention to certify it and the party might have quite one more individual to a document. With the speedy advancement of legal-tech, it’s hoped that a secure resolution to evidencing signatories are often achieved, whereby signatories sign through a safe and encrypted server, to form the required part of the trust and take away any components of doubt from the signing procedure.

6. “eSignature friendly” law and jurisdiction

Another very crucial thought, all the same, is that the impact of eSignature friendly governing law and jurisdiction clauses among documents. In this, there might be lesser hoops to leap through to ascertain the validity of e-signatures. When choosing the use of signing pdf online via electronic signatures on financial transactions, the content of legal opinions must also be checked rigorously.

7. Statutory and filing requirements

The statutory and filing requirements needed documents to be signed or given in such a way they must be given priority during the outset of a transaction, as not all e-signatures will be accepted by all the parties. Consideration of where a document may have to be filed or registered is vital in making sure that proprietary and various interests are adequately protected, significantly if a registry features a strict filing point wherever it’s going to be harder to affect requisitions during a timely fashion.

8. Business Requirements

All e-signature solutions well-accomplished at serving organizations in the reduction of paper-process of getting wet signatures, however, few vendors might disappoint once it involves certain-industry data of their prospective purchasers. In extremely regulated industries like the money and insurance industries, it’s necessary to partner with an e-signature vendor that has professional knowledge of the laws and rules of your business, perceive your use cases, and the way e-signatures can meet your business desires.

9. Tampering documentation issues

When searching for an e-signature vendor, make sure the vendor gives the perfect solution to protect the documents so they cannot be tampered with easily, and if they are modified even in the smallest, the e-signature will be clearly invalidated. It is very important to do the right research and choose the best solution.

10. Confirmations

Confirmations are a very crucial aspect of any normal finance transaction. Take a share purchase contract or business sale agreement which is signed with e-signature. Taking security over a purchase document could also be crucial to a lender if it must enforce its security and convey a warranty or indemnity claim for a notable breach. The legal and sensible problems that were known on finance transactions will apply to different sorts of transactions and if the validity of an e-signature is unsure, there’s a risk that the safety may well be valueless.

The ten elements for considering while processing the transactions with an electronic signature online have been covered. Adapting to new and innovative technology is a challenge in itself. However, technology gives many rewards.

[gosigner]

3 Primary types of electronic signatures — choose your right type!!

1. Standard Electronic Signature (SES)

1. Standard Electronic Signature (SES)

2. Advanced Electronic Signature (AES)

3. Qualified Electronic Signature (QES)

What are different types of electronic signatures? Which one is the best for a business?

Your ultimate guide to electronic signatures

There are three primary types of electronic signatures to sign digital transactions. Every type has a different level and each type has its own kind of user experience, legality, and evidential power. In this article let’s know about the three Primary types of electronic signatures available in the market and how one can choose the right type of signature for their business.

1. Standard Electronic Signature (SES)

The Standard Electronic Signature (SES) is the most basic type of electronic signature and is also currently the most vastly used procedure. This has absolutely no basic security requirements and totally depended on logical assumptions. The Standard Electronic Signature does not hold any kind or equivalent legal effect of a handwritten signature. In this signature process, the signer applies the hand-signature mark on the document, and then this being protected with a cryptographic digital signature. The crypto digital signature is created with help of a server-held signing key.

2. Advanced Electronic Signature (AES)

A level above the Standard Electronic Signature (SES) is the Advanced Electronic Signature (AES) as they are dependent on a higher standard of legal requirements. The Advanced Electronic Signature is more secured and is also recommended for signing documents or also for larger financial transactions. The Advanced Electronic Signature must meet the below-mentioned requirements:

·         It is clearly and uniquely linked to the signatory;

·         It enables the signatory to be formally identified;

·         It is created using electronic signature creation data by means under the sole control of the signatory, such as his or her telephone or personal computer with a high level of confidence;

·         It ensures that the document to which it relates cannot be amended; and

·         It is totally dependent on the signed data in such a way that any changes that are done later in the data are detectable.

By using Advanced Electronic Signature the elimination of fraud is enhanced, and the creation of a system where only the intended signatory will have access and/or sign the legal contract, the legal standing of the contract also maximizes. There is also an advanced signature procedure with a qualified certificate that requires face-to-face verification either physically or remotely in that the signatory should be formally identified and can be used in specific cases. It is the midway solution between the Advanced Electronic Signature and the Qualified Electronic Signature.

3. Qualified Electronic Signature (QES)

The Qualified Electronic Signature (QES) is the higher advanced stage of electronic signature security. It is quite burdensome and is only used in special cases. In this Qualified Electronic Signature (QES) process an advanced electronic signature is been created by a qualified electronic signature creation device, and that is based on a qualified certificate for electronic signatures. In Qualified Electronic Signature, both the devices on which a signature is been created and the digital security protocols sum up to the integrity as well as the authenticity of the signed documents and the electronic signature.

The selection of the type of electronic signature, reconciling the ease of use, financial stakes, and security needs.