This is a rational question with rational answers, but not everyone has the time or the tenacity to sit down and read the Electronic Signatures In Global and National Commerce Act (ESIGN), Uniform Electronic Transactions Act (UETA) or the stacks of other regulations and guidance that make this technology not only legal, but also stress the vital importance of adopting electronic signature technologies.
Today the average American office worker consumes (12,000) pieces of paper a year, with an average annual printing expense per employee ranging from $600-$2000. Storing paper and retrieving stored paper is also quite costly. The U.S. government estimates that (1 Lbs) of paper costs ($19) a year to store and manage. At that rate, assuming your business stores only 60% of the paper printed by your employees, your business is spending $1,500 annually per employee on paper storage alone.
There are obvious other costs associated with paper, for example the costs associated with faxing, shipping, receiving and time factors such as waiting for a job to finish printing or waiting on a package to arrive. In the end all businesses feel these costs, but most look at it as a...
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