Should You Sign a HIPAA Form?
In today’s world of cyber attacks and hacks, we have a lot of personal information to protect. While most of us think of our social security number or banking information when we think about sensitive information that we need to protect, there’s another category that you might overlook: your healthcare information. A privacy law is in […]
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What Is the Purpose of Audit Trails?
Audit trails track and verify different types of transactions, including electronic signatures. An audit trail helps internal and external auditors track changes to confidential databases, investigate potential fraud, and understand the timeline leading up to a particular outcome. The law also requires audit trails in many industries. However, even if they aren’t legally required, audit […]
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Contract Amendment vs Addendum Explained
Creating a legally binding contract is difficult enough the first time around. Making changes to the initial document can feel like an impossible challenge. Amendments and addendums are legal devices you can use to adjust and fine-tune contracts. When should you make an addendum to a contract, and when should you use an amendment to […]
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How Do HIPAA Privacy Rules Benefit the Healthcare Industry?
Hospitals, clinics, and doctors have been working to protect the health of their patients for hundreds of years. But in the U.S., it has only been a few decades since those same healthcare facilities and professionals were also required to take measures to protect the privacy and security of their patients. While the HIPAA Privacy […]
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5 Benefits of Electronic Signatures for Digital Marketing
In a fast-paced digital world, innovations redefine how businesses operate. It’s no surprise that the age-old practice of handwritten signatures is undergoing a revolutionary transformation. The shift from traditional pen-and-ink signatures to electronic signatures has become standard, especially in digital marketing. It wasn’t long ago when crucial sales contracts and legal documents were physically printed, […]
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6 Benefits of Electronic Signatures in Healthcare
In this era of technological advancements, electronic signatures have emerged as a transformative force within healthcare. By digitizing the signing process of documents and forms, healthcare organizations are experiencing improved administrative efficiency, enhanced data accuracy, heightened privacy, and increased patient engagement. Electronic signatures, as the digital representation of an individual’s signature, play a pivotal role in signing […]
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5 Benefits of Electronic Signatures for Banking
The digital signature market is a rapidly growing segment of fintech expected to reach $25.2 billion by 2027. Given the massive amount of paperwork required in the banking industry, electronic signatures represent a significant opportunity for time and cost savings. The Importance of Digital Signatures for Banking In 1999, Congress passed the Uniform Electronic Transactions Act (UETA), making online […]
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4 Benefits of Electronic Signatures for Lawyers
Although the law is a storied profession steeped in traditionalism, it hasn’t escaped the digital revolution. Legal tech — the digital tools, platforms, and software that have improved the efficiency, effectiveness, and accessibility of law services — has transformed how lawyers practice and provide services to their clients. Electronic signatures have been one of the […]
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4 Benefits of Electronic Signatures for Insurance Businesses
The digital transformation — including the rise of fintech and changing customer behaviors — is rapidly disrupting the insurance industry. Fintech is the combination of finance and technology. With 88% of U.S. consumers adopting fintech to handle their finances, it’s now a mainstream expectation in all industries, including insurance. Electronic signatures are one example of how […]
