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RightSignature: Sign Away...With Your Mouse

Written by Alex Williams / October 21, 2009 12:02 PM / 4 Comments

RightSignature-logo.pngRightSignature, the company that allows you to sign with a mouse, is making a play to serve as a core integration for the Software-as-a-Service market.

It's a trend we expect to see more from third-party providers that seek to establish anchor positions as agnostic tools for Salesforce.com and vertically oriented SaaS services.

RightSignature is a digital signature company launched last April. The company started as a service for the small business market (SMB) but has seen pick up in the enterprise, which sees digital signatures as a way to save on the costs associated with creating, processing and completing contracts. Competitors to RightSignature include DocuSign and EchoSign.

It's pretty clear that third party developers are seeking ways to get into the SaaS market. Salesforce.com has an extensive partner program. They call it an ecosystem, a reflection on how third party developers are working with SaaS providers. On the leading edge, Google Wave is seeing budding interest from developers. For example, Twilio is one of the early developers on Google Wave. The company provides a voice API that companies use to build applications for making and receiving calls.

Daryl Bernstein is CEO at RightSignature. He says that they are planning to integrate with a number of SaaS vendors in vertical specific markets. They now have an integration with Freshbooks. They also integrate with Google Docs. When creating a document, users have the option of uploading from their computer or Google Docs.

Vendors know that SaaS services are like coral reefs. We first heard Dave Winer use this term to describe how third party developers have built extensively on the Twitter API. The same trend is occurring in the SaaS market. Companies like RightSignature are developing applications that work in the SaaS ecosystem.

The RightSignature service allows forms to be uploaded as reusable templates. People are directed to a document, such as a lease agreement, that that they sign with their mouse or with an iPhone application.

RightSignature iPhone App.png

The RightSignature user interface is pretty elegant. It has a flow that makes it simple to complete the signing of documents through the automation of tasks such as adding initials to each page, a requirement of most contracts. A flag follows the user, similar to a tab on a printed contract that shows you where to sign. The flag follows the user as he completes signing the document. Photo authentication is included so the person signing the document may be identified.

Part of RightSignature's appeal is in its overall change to the workflow and the efficiencies that result. Faxing contracts can be eliminated. It decreases the need for services like FedEx, which can run $10-$20 per package delivered.

RightSignature costs $14 per month per user. Up to five users is $49 per month and $249 for up to 25 users. Enterprise contracts work on volume.



Comments

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  1. Didn't congress pass a bill a LOOOONG time ago that allows you to just TYPE your initials for it to be legal??? Signature looks nice, but I don't think this is legally necessary in the U.S.

    Posted by: jeux | October 22, 2009 2:21 AM



  2. I'm not sure I get it, Signatures are not actually that secure - but in the paper based world, it was the best we had. Why would you want to recreate the "put your scrawl here" paradigm on the web? There have to be much more secure ways to prove your identity electronically, I mean no online bank asks for a signature before letting you transfer funds!

     Posted by: Ian McNaught Author Profile Page | October 22, 2009 4:34 AM



  3. You are absolutly right electronic signatures do not make sense in every context.

    Our products are being used by leading companies in industries such as: telecommunications, banking, insurance and others mainly at the point of sales our service. Most of our customers have already implemented sophisticated document management and other solutions. With a digital signature solutions it is very easy and convenient for them to enhance this existing infrastructure with all the necessary functionalities for a total paperless process. The combination of the existing infrastructure with a digital signature suite is an optimal alternative to paper-based processes, as they minimize signature fraud and reduce paper related costs and labor, resulting in increased efficiency of business processes.

    You can see a video about how telecom companies use digital signatures in their retail stores here: http://vimeo.com/3064423

     Posted by: Gerald Author Profile Page | October 26, 2009 10:48 AM



  4. This is a really an awesome technology as it lets add our
    signature to the documents or for some site or some business
    deals. It lets us sign with a mouse and on mobile phones with touch screen.

    Posted by: survival kits | November 23, 2009 7:57 PM



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