How Does eSign Work?

eSign, also called digital signature, allows parties to review a contract, add their official signature, and then send the contract to the next party – via email – who must sign. Companies that provide this service can track signatures as they are added to a document. This report, known as an audit trail, is a chronological log of who signed and when they signed. The service provider compiles this trail using a computer-generated, “universally unique identifier” number, and the trail serves as proof of contract execution.