Insurance
Embracing advanced technology like eSigning Aadhaar for insurance companies is a strategic move towards modernisation. Incorporating this paperless signature facility into your existing system delivers various benefits, such as streamlined workflow, error reduction, cost-effectiveness, robust security and compliance, enhanced customer experience, and integration with other digital solutions.
- The perfect alternative to wet-ink signatures enables agents to close the deal with customers with an instant signature solution.
- A faster electronic signature process allows policyholders to process claims faster and achieve overall operational efficiency.
- The legal validity of this signature solution enhances the customer's trust and experience with the insurance company.
- The policyholders do not need to visit the insurance office personally with various physical documents.
- Prone to errors, avoid manual processes, and promote a systematic system for any insurance company.
Hospital
Healthcare employees are always pressured to handle various aspects of comprehensive hospital operations. Integrating electronic signatures through Aadhaar has modified documentation procedures in one of the fastest-growing sectors. The signed documents through these specific signature solutions hold legal validity through a time stamp authenticated by India's government.
- The hospital staff does not need to store physical documents with wet-ink signatures in drawers.
- Hospital staff can handle bulk signature processes by leveraging the power of eSign with Aadhaar.
- It can only be performed on digital documents and is impossible to destroy, destroy,or imitate for unauthorised use.
- Environment-friendly signature process that reduces carbon footprints and saves tons of trees from being cut down.
- Multiple parties can be invited to perform their signatures without worrying about data loss, theft,or misplacement.
Banking
Using e-signs in this demanding sector is an inevitable facility that has changed the banking process. This user-friendly innovation is beneficial for both tech-savvy employees and modern banking customers'. Banks can open their new customer's accounts and process the home or car loan procedures using this convenient signature solution.
- ESignature can be used in place of wet-ink signatures in the banking process from a remote location.
- Sign the electronic documents for various banking purposes using OTP on a registered mobile number linked with UIDAI.
- Elevate the level of security for banking institutions where the eSign reduces the chance of misuse.
- Faster document execution process without multiple verification steps, and eSignature online is easy to use.
- It enables a faster loan process, uses the transaction cycle, and saves time and energy.
Capital Market
Using eSign with Aadhaar has changed the various processes in the capital market in terms of profitability and security. This paperless signature process is widely used in this demanding sector for account opening, KYC verification, transaction authorisation, contract signing, digital wealth management, etc.
- Speed up transaction time, reduce the physical paper burden, and eliminate the need for physical documentation.
- The authentication process is done through an instant OTP, which adds an extra layer of security.
- eSignature Online allows investors and market participants to sign documents from anywhere.
- It is a cost-effective signature procedure to reduce various administrative overheads.
- The Aadhaar Signature contributes to protecting the environment by decreasing paper consumption.
E-Commerce
eSignature enables business owners to perform their digital signatures from remote places with legal authentication (The Information Technology Act, 2000). The e-commerce industry is drastically growing, with US$200 billion by 2026 at a Compound Annual Growth Rate (CAGR) of 28 percent. Shifting from a traditional to a digital process through Aadhaar eSign can be a game-changer for this businessperson.
- The entrepreneurs do not think twice when it comes to this legal signature process.
- It opens avenues for various business opportunities with an added layer of trust.
- eSign with Aadhaar can be used on small devices with an Internet connection.
- Reduces the burden of storing multiple physical copies of customers' documents in drawers.
- Instead of the traditional signature process, Aadhaar eSign contributes to a faster transaction process in various ways.
Manufacturing
Manufacturing industry owners are moving towards holistic and efficiency-oriented technology like eSign with Aadhaar to speed up the workflow. Implementing this specific signature solution can help manufacturing owners reduce labour and maintenance costs while boosting efficiency and productivity.
- Improved contact cycles and enhanced user experience through templatised contracts and sent real-time alerts.
- Vendors and contracts can easily access and share the signed document remotely.
- Only authorised persons can access the signature documents, reducing the chance of theft or misuse.
- It boosts transparency, enhances status tracking and contract status, and removes all physical obstacles.
- Incorporating the eSign API into your existing systems offers a more efficient way of performing administrative tasks.
Real Estate
After the IT ACT amendment, eSign will be extended to property agreements. The real estate industry embraces this digital signature technology to enable large-scale digital documentation. Implementing the Aadhaar eSign API into the existing real estate system provides a more convenient way for buyers and sellers to sign contracts digitally.
- It speeds up and enhances the efficiency of mandatory agreement workflows through eSign solutions.
- Multiple parties can access property agreements and sign them from a distance.
- The eSign with Aadhaar infrastructure is specially designed to allow multiple parties to perform their signatures on the digital documents.
- With the help of electronic signature solutions, real estate agents or administrative staff can track the activities of agreements in real-time.
- Reduce agreement execution time from weeks to just a few minutes and avoid various overheads.
Hotels
The paper-based signature process is time-consuming and sometimes becomes the biggest blunder. Adopting eSign Aadhaar in the hospitality industry has helped the owners improve operations and boost efficiency.
- It reduces the need for printing, scanning, and mailing, saving time and resources.
- Hospital staff can ask the guests for an eSignature before allocating the room to ensure safety.
- The hospital employees can speed up their internal workflow by leveraging the power of this paperless signature solution.
- Embracing these advanced technologies can help businesses proactively overcome any potential challenges.
- Accelerate hotel operations, boost the guest experience, and stay ahead in the digital world. Prone to errors, it reduces the manual signature process, and facilitates faster workflow.