Distributed Signing Definition and Examples

Understanding Distributed Signing for e-Signing

Distributed Signing is a process that allows multiple parties to sign a document in different locations and at different times. This method is especially useful in situations where signatories are not co-located, can't meet physically, or need to sign the document in a specified sequence.

Key Features and Benefits

Flexibility: Distributed signing lets your team members, clients, or partners sign documents from wherever they are, be it the next office over or across the globe.

Efficiency: By eliminating the need for physical meetings or mailing documents back and forth, you cut down significantly on time. The process can be efficiently managed online, speeding up the transaction lifecycle.

Security: Each signature is authenticated, ensuring that every signed document maintains its legal standing and security. Also, version control helps monitor changes and maintain document integrity.

Compliance: Many eSignature platforms, like GoodSign, adhere to international and industry-specific eSignature laws and standards, which ensures that your distributed signing processes are legally compliant.

Use Cases in e-Signing

Contracts: Imagine you're a company headquartered in New York, and you have legal partners in London and suppliers in Tokyo. With distributed signing, every party can review and sign the contract independently, thus accelerating the finalization phase.

Purchase Orders: Your procurement department in different regions can quickly execute purchase orders that require multi-level approvals without unnecessary delays.

Onboarding: HR departments can use distributed signing for employment contracts, ensuring new hires can complete their paperwork promptly, regardless of their location.

Why GoodSign?

Unlike other e-signature providers, GoodSign offers pay-per-use pricing, making it affordable for everyone from small teams to large enterprises. At just $1.50 per envelope and no extra charges for additional users or features, GoodSign ensures you have everything you need to implement a smooth and efficient distributed signing process.

Embrace the power of distributed signing with GoodSign—simplifying your business transactions one digital signature at a time. Give it a try, and see how easy, secure, and cost-effective e-signing can be!