Electronic Signature technology To:Elizabeth Huston, Ph.D. Subject:Electronic Signature Technology During our February 3 meeting, upper level management expressed concerns about not being able to deal with customer accounts online. We discussed some of the problems they encounter when trying to process transactions online. We agreed some changes needed to be made and that new technology needs to be researched for our online business transactions. An electronic signature program can provide this company with an advanced solution for handling transactions online. The electronic signature provides trust and security in e-commerce, in electronic data interchange and in the open network as a whole. It allows any recipient of an electronic data to define the sender and to check whether the data has been changed, or whether its integrity has been violated. An electronic signature, which incorporates cryptography, encryption and decryption, is important, to this business, the government, and all of us as individuals. It is time to upgrade, renew and advance our systems for this growing trend.IntroductionDuring our February 3 meeting, upper level management expressed concerns about not being able to deal with customer accounts online. We discussed some of the problems they encounter when trying to process transactions online. We agreed some changes needed to be made and that new technology needs to be researched for our online business transactions. The use of electronic signatures was at the top of our list.Many of our competitors have already built-in e-signature verification within their systems for online business and for handling their financial records. Using this innovative, high-ranking technology can significantly cut down on the time it takes to process online business. Consequently, it is urgent that we take rapid action toward the procedures required for incorporating the ...
