Electronic Document Initialing
January 13, 2022
Updates
Updates
Electronic Signatures
High-value contracts require certainty that the document being signed matches the terms agreed during negotiations. A company representative may therefore ask legal counsel to initial the contract before applying the final signature.
AMODIT TrustCenter lets the people responsible for checking the agreed terms initial a document before the parties' representatives sign it. When sending an agreement for signature, the coordinator defines the order and each participant's role: signer, initialer or observer. An observer does not sign the agreement but receives notice when it is completed and gets a copy of the approved document. This role may be assigned to a finance director who needs the agreement immediately after signature.
The agreement coordinator sets the signing order and assigns participant roles. The signature card shows who initialed the agreement and who signed it.
Using AMODIT TrustCenter for agreements provides:
- less time needed to collect signatures from both parties;
- certainty that everyone holds the same version of the agreement;
- no paper-document logistics costs.
See electronic contract signing with AMODIT.
