Glossary
Electronic Signature (E-Signature)
Meaning & Definition
An e-signature, or electronic signature, is a digital way to sign documents electronically without a physical signature. They can help people and businesses approve contracts, HR documents, and forms in a secure, valid, and online way. E-signatures are frequently used throughout HR, payroll, onboarding processes, and compliance.
Important features of E-Signature
- Allows for quicker approvals of HR documents such as offer letters and contracts.
- Reduces paper and manual handling, increases efficiency in operations.
- Helps with remote hiring and digital onboarding of employees.
- Enhances security, traceability, and audit readiness of documents.
- Saves time and money on printing, scanning and storing.
Legal Compliance
- The Information Technology Act 2000 recognises the use of electronic signatures as having legal validity.
- The Electronic Signature or e-Signature must meet the requirements outlined in accordance with the Act.
- The e-signature using Aadhaar is legally acceptable where it applies, following legal parameters and with the consent of the signer.