Digital signatures in the consulting industry!
The consulting industry is known for its focus on expertise, innovation and professionalism. But despite this, many consulting firms have been slow to embrace the digitalization of contract management. E-signing, or electronic signing, is a sophisticated solution that can transform the way consulting firms manage contracts and collaborate with their clients and partners. In this blog post, we will explore how e-signing can benefit the consulting industry and why it is time to embrace this modern technology.
More effective workflows
E-signing can streamline workflows by making it easier to track and manage documents. Resly offers features like automatic reminders and integrations with other business tools, making it easy for consulting agencies to keep track of important documents and deadlines.
Enhanced security
E-signing offers improved security compared to traditional paper-based processes. Electronic signatures are more difficult to forge and Resly has built-in security features to protect documents and personal information. In addition, e-signed documents can be stored digitally, reducing the risk of loss or deterioration.
Adaptability and scalability
Resly is adaptable and scalable, which means we can grow and change with the needs of the consultancy. Resly also offers features and integrations that can be customized to fit the company's specific processes and requirements.
Eco-friendly alternative
E-signing helps consulting firms reduce their environmental impact by reducing the paper, ink and transportation required to deliver physical documents. This contributes to a more sustainable business model and can enhance the company's reputation as environmentally conscious and responsible.
Archiving and organizing
Digital documents and e-signatures facilitate the archiving and organization of important documents. Digital documents are easier to search, retrieve and store than paper-based documents. In addition, digital storage minimizes the risk of losing or destroying documents, which can be crucial for meeting legal requirements and securing evidence in the event of litigation.
Global accessibility
E-signing enables consultants to work with clients, suppliers and employees all over the world. Digital signatures are accepted and legally binding in many jurisdictions, facilitating international collaboration and helping companies to expand their business.
For consultancy firms, e-signing is a powerful technology that can improve business efficiency, security and customer experience. By considering implementing e-signature in your consultancy, you can take advantage of these benefits and position your company for success in a digital and global business environment.
What can you as a consulting company sign digitally?
Consultants sign a variety of contracts, depending on their area of expertise, the type of client and the scope of the project. Here are some common types of contracts that consultants can use.
Non-disclosure agreement (NDA)
A non-disclosure agreement means that the consultant keeps sensitive information secret, and an important part of being a consultant or hiring consultants is to conclude a non-disclosure agreement so that you can trust each other 100%.
Customer agreements
A legally binding contract between the consultant and the hiring company that states exactly what is included is very important. By signing digitally, both parties have quick and easy access to the agreement in case of any doubts.
Employment agreements
By signing employment contracts digitally, you as a company simplify the administrative work. Sort the contracts by using the "contract archive" function and you have easy access and full control of the company's various contracts.
Service agreements
A service contract is more specific than a consultancy contract and focuses on a particular service or task to be performed by the consultant. It may include specific details on the scope of work, deliverables, timelines and payment terms.
Partnership agreements
If two or more consultants work together on a project or otherwise collaborate, a partnership agreement can be used to define the responsibilities, division of work, decision-making processes and profit sharing of each party.
Sub-consulting agreements
If a consultant hires a sub-consultant to carry out part of the work in the project, a sub-consultant agreement can be used to define the sub-consultant's responsibilities, remuneration and other conditions related to their work input.
Time sheets and invoices
By using digital signatures, consultancies can streamline the management of timesheets and invoices.
Project and work orders
Consulting firms can use digital signatures to send and approve project and work orders, enabling faster decision-making and smoother work processes.