Six types of digital signatures

Versatility is indeed one of the main features of digital signatures, as they can be used in several processes and can tailor the needs of each user. In this article we will explain the different types of eSignatures and which ones are available at Viafirma Digital transformation has brought many advantages and changes in the […]

Versatility is indeed one of the main features of digital signatures, as they can be used in several processes and can tailor the needs of each user. In this article we will explain the different types of eSignatures and which ones are available at Viafirma

Digital transformation has brought many advantages and changes in the way we work and do business. Paperwork is slowly being replaced by digital communications. Administrative procedures are now easier and faster, and there are other ways of signing apart from wet signatures, as signers can now enjoy the benefits of eSignatures.

Numbers show that the popularity of the digital signature has grown over years and continues to do so. According to the data collected by Statista, there has been a 20% increase from 2009 to 2017 in terms of Spanish companies using eSignatures in the use of the digital signatures, reaching its peak at 77.1%.

As digital signatures are legally valid, (see more details on the types of the electronic signature and its features) and are able to satisfy any legal requirements in the same way as the handwritten one, this tool has become more important in the business world.

Advantages of digital signatures

Digital signatures have other advantages apart from being legally binding, offering more advantages than the wet signature. First, digitization means cost savings, since it allows to automate processes. Therefore, it is not necessary to be present at the office to close an agreement, as contracts can be signed remotely.

In addition to the cost savings in infrastructure and materials, electronic signatures also provides the user with something very important: mobility. This benefit the sales team, especially those who are constantly traveling.

Versatility is also a major feature of the digital signature. Sometimes human intervention is not necessary for a contract to be signed.

Below are the different types of electronic signatures, all of them supported by Viafirma.

  • Server-based signature: Automated signature without requiring user interaction and placed once the parties have reached an agreement.
  • Face-to-face signature: Refers to the traditional signing process, where all signatories are on-site.
  • Bulk signing: A single request that includes several documents allowing the user to sign them in one go. This type of signature is useful for executives who need to sign stacks of documents that have been previously reviewed by someone else.
  • Multi-signature: In this case, there is only one document that must by signed by two people.
  • Bulk multi-signature: Similar to the multi-signature, but in this case there is more than one document involved in the signing process.
  • Centralized signature: It’s a secure and confortable signature. It allows to store your digital certificate on a secure server so the owner can use it anywhere, anytime, on any device through robust authentication.