Electronic Signature in Digital Contract Management

Description

This Skill Bit shows that Digital contract management ensures the legal validity of electronic signatures by adhering to national and international regulations like ESIGN and eIDAS. These frameworks establish electronic signatures as secure and legally recognized alternatives to traditional ink signatures. Robust signatory authentication measures, including multi-factor authentication and biometric verification, mitigate the risk of unauthorized signatures, enhancing security. Digital signatures, distinguished by cryptographic techniques, provide heightened security and integrity, crucial for organizations navigating the contract management landscape.

Duration approx. 3 Min.

Tier: proficiency