When I go to the local home improvement store, they have a funny little 'signing' process they make me go through. They want me to 'sign' on one of those checkout pads when I use my credit card. Apparently, this prevents people from stealing my card and using it without my permission. Nice idea, but nothing they do prevents this theft.
When I try to 'sign,' either the pad is slippery, or the surface so scratched, I cannot get anything to look remotely like my signature. That does not appear to matter!
Overview
A lot of business applications today are starting to use commercial web services. The ubiquity of connectivity allows us to move mission critical business processes outside of our internal firewalls to cut down on maintenance, increase reliability, create more feature rich applications and get instant updates.
Whether or not your application is installed or delivered as a service, integration with web services such as the ones delivered by DocuSign requires a shift in user interface, support and architecture.
We're pleased to receive another recognition for our electronic signature and online contract execution services. Network Products Guide has named DocuSign the winner of the Network Products Guide 2009 Product Innovation Awards in the Electronic Contract Execution (ECE) Category, for DocuSign® Corporate Edition.
We're very pleased to be named to the “Red Herring 100″ for excellence in entrepreneurship and innovation in North American technology companies. A list of 200 finalists were culled from a list of hundreds of candidates and last week, 100 were announced. We're proud to be named one of the year's most promising private technology ventures in North America.
The demand for on-demand electronic signature and online contract execution continues to grow in 2009. DocuSign has hit some tremendous milestones as we help our customers completely replace the expensive and inefficient processes of printing, transporting, signing, tracking, storing paper contracts and capturing business data.
Adequate auditing and sealing technologies make determining the authenticity of an electronic copy of an electronic record easy. Electronic copies of DocuSign transactions are digitally signed to ensure the integrity of versions of the electronic records that exist outside of the DocuSign system.
Like their paper counterparts, however, electronic records pose authenticity challenges when they are copied onto a paper medium.
Compliance with the e-signature laws is a very basic step in defining an electronic transaction system. Like paper documents, electronically signed documents can become the subject of a dispute. The facts surrounding the signature process must provide enough proof to uphold the transaction in the event of repudiation of an electronically executed contract. Compliance with ESIGN is necessary, but not sufficient. As the one of the functions of electronic signatures is evidentiary, how can one ensure that electronically executed documents are admissible into evidence?
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