Electronic Signature Pricing — What Should You Look For Before Buying?
Electronic signature solutions are all in trend right now. From educational institutions to Government offices — more and more people are switching to paperless documentation alternatives. But the most important question is, what exactly should you pay for good eSignature software? The answer is very much unsure.
Most electronic signature plans are based on the following points:
- Number of documents
- Number of users
- Overcharges
- Customer support & implementation
With so many available options in today’s market, there are numerous eSignature solutions for you to choose from. But to understand the best one suited for your organisation, VeriDoc Sign puts together four major pricing considerations for you to understand before investing in eSignature software.
Number of documents
Most eSignature software providers refer to the number of documents in a plan (monthly/annually) as packets or envelopes. These are mostly a shelter for a single or group of documents sent to an individual or multiple signers allocated within the agreement/plan. You need to be particularly careful when opting for a set subscription plan — always check for the number of envelopes/packets available. Not only that but also check the limits of the number of documents in an envelope (you can send or receive) and how those limits are applicable. It can be per user/per month, per account/annually, or any other. If there are limits, estimate the approximate number of documents your business will need to send/receive electronically signed. Keep in account important internal documents like HR agreements, and employee contracts, as well as external paperwork like vendor contracts, legal agreements, and invoices.
Some eSignature software providers have features where the unused number of envelopes per month roll over to the next month of subscription to prevent any wastage of resources and money. Keep an eye out for those to save a few extra bucks!
Number of users
Another crucial factor, when you want to invest in any eSignature solution is to consider the number of users allowed within each plan. A good place to start is to start counting the number of people who are allocated to getting documents signed or sent. Also, the people who will be accessing those stored documents within the system. Most well-functioning companies use a single system across all departments to keep information centralized and easily accessible whenever required. So, once you have come to terms with the number of users you will need, you can now access what pricing options will be the best for you.
Overcharges
At times, it is really difficult to exactly pin down the number of envelopes/documents you will need to send for signatures. Some eSignature software providers might charge extra for extra documents. During the implementation of any electronic signature software, many providers might not disclose these extra charges. That is where you need to be careful and do your market research. Many providers might not alert you about your exceeded document limit, or that you have gone over your usual plan allotment. This can build up the charges you pay per eSignature subscription plan each month/year.
Many smart organisations opt for plans that allow them to send or receive unlimited documents for eSigning for:
- Greater flexibility
- No overcharges
- Not worrying over keeping track of the number of sent/received documents
- Improved productivity
Customer support & implementation
Always consider the technical part of any software before investing in one. There are a lot of questions that should come to your mind before consideration. What if we need to have tech-savvy people to use it? Who will help to implement the software? Who to talk to in case of any concerns or malfunctioning?
You will be surprised to know that many eSign software providers do not implement or address any concerns for free! Some software providers only provide live support to subscribers within particular price tiers. Electronic signature solutions that offer a smooth implementation process and ongoing customer support ensure higher productivity within any organisation. So, before buying one, always do your research well and invest in the one that’s best suited for you and your organisation’s daily workflow.
VeriDoc Sign eSignature solution is a blockchain-secured software that provides you with the most attractive features like never before! We assure you of no hidden charges, all your unused envelopes will roll over to the next month to save money, 24x7 customer support, no fancy technical knowledge required, and blockchain security for all documents. You can also try out VeriDoc Sign by opting for our 10-day free trial at www.veridocsign.com.
Why wait any longer now? Get improved productivity, increased efficiency, and 100% document transparency only with VeriDoc Sign!
