eSignature Lawfulness for Finance in Canada: Streamline Your Document Signing Process

How to eSign a document: eSignature lawfulness for Finance in Canada

redefine your organization's contract execution process with bids and tenders contract builder and eSignatures by building your contracts within bids and tenders and collecting legally recognized forms of digital signatures you can enhance how your organization operates and functions organizations are facing new realities and challenges of operating and are effectively improving and redefining old business processes by integrating with technology for example using electronic signatures as a viable alternative to handwritten ones on contracts and other important documents create and execute your important documents and contracts with your suppliers using a completely digital solution with a high level of confidence as any attempt to change the data is detectable and auditable in bids and tenders you can initiate your contract by setting up the signatories and related workflow then building your contract requirements by selecting the relevant items to have a fully executed agreement you can choose what requirements each signatory needs to provide like their signature initials or the date they signed you can also include additional fields such as check boxes radio buttons and more it's easy for each recipient to see what items they need to complete because each person is assigned a different color agencies can use parallel approvals so that multiple signatories can sign simultaneously for a faster agreement execution signatories don't need an account with bids and tenders so whether it's an individual within your organization with no user profile or a supplier signatory that isn't in the system you can easily include them all you need is their email address notifications are automated and signatories will receive email notifications when they are required to sign based on the workflow you developed this will eliminate the administrative burden of contacting signatories and following up when they take too long to sign you can monitor the status of the contract completion visually on your contract builder dashboard since bids and tenders is a cloud-based platform you can log in securely on any computer with an internet connection data for canadian clients is stored in canada and for u.s clients is stored in the u.s our bids and tenders bank grade data encryption at rest and transport meets or exceeds the security requirements of many international standards bits and tenders contract builder and eSignatures also meets the requirements necessary for a digital signature to be legally enforceable in canada this applies to the personal information protection and electronic documents act as well as various provincial acts including ontario's electronic commerce act and british columbia's electronic transaction act in the u.s our eSignatures technology complies under the e-sign act which covers nearly all commercial contracts transform your business processes for good contact bids and tenders today to start executing paperless contracts with contract builder and eSignatures