Organizations that can demonstrate to the courts that they've used the proper process in an electronic environment will strengthen the enforceability of their records.
Montreal, QC (PRWEB) January 22, 2009
Silanis Technology, the leader in electronic signatures, announced today that it will co-host a free, live webcast with law firm, Locke Lord Bisell & Lidell LLP, to review the latest case law and lessons learned involving business contracts executed with electronic signature technology. The 60-minute webcast will take place on Thursday, January 29 at 2:00 pm (EST) and focus on how to reduce contract disputes and strengthen the enforceability of electronically signed records by automating the enforcement of regulatory requirements and the capture of strong legal evidence.
While the E-SIGN Act was passed into legislation nearly 10 years ago giving electronically signed records the same legal validity as their pen and paper counterparts, it is no guarantee that the records will be admitted into court as evidence, or that electronically signed records will provide the needed defense to ensure a positive outcome in the event of litigation.
"The process used to capture a signer's understanding of contract terms and intent to sign and be bound to those terms, must be sound and comply with regulatory requirements," said Michael Laurie, Vice President and Co-Founder of Silanis Technology. "Organizations that can demonstrate to the courts that they've used the proper process in an electronic environment will strengthen the enforceability of their records."
Following a brief overview of e-signature legislation and lessons learned from recent court cases , webcast participants will learn:
- How to automate the enforcement of regulatory requirements and ensure that no information or step in the document review and signing process are missed
- How an electronic process can help individuals to better understand contract terms and that they are entering into a binding agreement
- What information can be captured along with the electronically signed document to create stronger evidence than currently available with paper documents
- How to store the electronic evidence in a format that can be easily presented, reviewed and understood in a court of law
To register for the webcast, visit Silanis' website at:
Silanis Technology is the leading provider of e-signature process management solutions. The world's leading insurance and financial services companies, major government agencies, integrators and service providers depend on Silanis to accelerate business transactions and reduce costs while improving compliance with legal and regulatory requirements. The company's electronic signature platform, ApproveIt®, is an enterprise-class e-signature process management solution that transforms paper-based business transactions to all-electronic, web-based processes for e-commerce and e-government. Visit us on the web at http://www.silanis.com