What is the bar for a "legally binding digital signature"? Is this a very complicated topic - or is it quite simple?
I can sign a PDF with OSX Preview for free. I can pay a bunch of money to sign with Docusign. Both produce a PDF with a digital image of my signature. I assume both documents constitute a legally binding agreement, so long as I actually preformed the digital signature. What justification do the e-signature SaaS companies have for their exorbitant prices? I understand the "audit trail" angle - that's just collecting my IP every time I interact with the document.
I can sign a PDF with OSX Preview for free. I can pay a bunch of money to sign with Docusign. Both produce a PDF with a digital image of my signature. I assume both documents constitute a legally binding agreement, so long as I actually preformed the digital signature. What justification do the e-signature SaaS companies have for their exorbitant prices? I understand the "audit trail" angle - that's just collecting my IP every time I interact with the document.
Is this a big SaaS scam?