eSign API vs Traditional Signing: Which Is Better in 2024?

In this digital age, businesses are continuously seeking innovative ways so that they can streamline their operations. When we talk about security and efficiency, the choice between eSign API and traditional signatures is crucial. Some businesses are still confused while making their choice. Which one is better for them and why?

Here in this guest post, we will discuss the differences, benefits, and which option might be best for you in 2024. So that you can make an informed decision for your business growth.

What is an eSign API?  

An eSign API (Application Programming Interface) allows businesses to integrate electronic signing capabilities into their applications. This means you can send, sign, and manage documents digitally without the need for physical paperwork. By integrating eSignature Service into your application, businesses can eliminate the need of in-person visits. Some popular eSignature APIs include DocuSign, Adobe Sign, and Meon eSign. 

Key Features of eSign APIs:

Convenience: with Aadhaar eSign, businesses can sign their documents from anywhere, anytime, using any device.

Speed: It allows you to quickly sign documents without waiting for days so that businesses can reduce turnaround times.

Security: eSign uses advanced encryption and authentication methods to protect the sensitive information of clients. 

Integration: Easily connect with other software like CRM, project management tools, and more.

The Traditional Signing Method

Unlike the Aadhaar eSign method, traditional signing involves physically printing documents, signing them by hand, and then scanning or mailing them back. Traditionally, individuals need to physically visit the branch and submit physical documents. So that businesses can proceed with their applications. While businesses have been using this method for centuries, it comes with its own set of challenges. 

Drawbacks of Traditional Signing

Time-Consuming: Both businesses and individuals need to print, sign and mail them back. As a result, it can significantly delay the process for even days.

Costly: Paper, ink, and postage can add up, especially for businesses that handle many documents. Also, businesses need to invest in storage cabinets so that they can manage signed documents.

Risk of Loss: Physical documents can be lost or damaged during transit, which can cause serious damage and data loss.

Inconvenience: The traditional signing method requires both parties to be physically present or to rely on postal services. 

Comparing the Aadhaar Signature and Traditional Signing

1. Efficiency

 eSign API

Using Aadhaar Signature offers a faster signing solution to businesses so that they can collect signed documents in a matter of minutes. By automating the workflow businesses can ensure that everyone involved receives notifications and reminders.

Traditional Signing

The process can take days or even weeks, especially if documents need to be mailed back and forth.

2. Cost

eSign API

While there may be subscription fees, Aadhaar eSign services have offered a more economical solution in the long run. It helps businesses to save on their operational costs so that they can improve their overall productivity.

Traditional Signing

With traditional signing, there is a cost associated with each printed page, mailing fee, and potential delays that can impact business operations.

3. Security

eSign API  

Most eSign Solution platforms offer advanced security features, including encryption, two-factor authentication, and audit trails. So that they can ensure that your documents are safe.

Traditional Signing

Physical documents can be easily lost, stolen, or tampered with. This can pose a significant risk to sensitive information.

User Experience

eSign API

Modern Aadhaar Signature solutions are user-friendly. So that one who is not so familiar with tech, can also use these services easily in just a few clicks.

Traditional Signing

This method can be complex and may require a more involved process, especially for those unfamiliar with printing or scanning.

Which is Better in 2024?

As we step into 2024, eSign APIs clearly stand out as the better option for most businesses. They offer unparalleled efficiency, cost savings, and security that traditional signing methods simply can’t match. By using this digital solution, there is no longer a need for them to physically invite their customers to sign documents. Instead, customers can now sign forms anywhere, anytime and with any device.

So, if you are still relying on traditional signing methods, now is the time to make the switch and experience the benefits of Aadhaar eSign for yourself!