Denmark
Norway
Sweden
Belgium
Being part of the EU, Denmark is subject to the eIDAS Regulation, which created standards granting electronic signatures and e-identities the same legal standing as their physical counterparts.
All e-signatures can be used to sign documents online, and the law prohibits discrimination against a signature on the sole grounds that it is in electronic form. In other words, whatever method is used to sign electronically, it will always be up to the judge to decide whether the signature should be considered valid or not in the specific case.
While all e-signatures are potentially court-admissible, not all of them have the same legal standing as a handwritten signature. Based on their security level, eIDAS defines three types of e-signatures: Simple E-Signatures (SES), Advanced E-Signatures (AES), and Qualified E-Signatures (QES).
Each Member State can define use cases where documents can be signed with a simple e-signature and situations when advanced or qualified e-signatures are instead required. Moreover, each country can decide to require a handwritten signature for specific cases.
Signature type required by law
Simple E-Signatures (SES)
Simple e-signatures can be used in all cases where a signature needs to be applied to a document, except for the situations where the law requires an advanced or qualified e-signature.
SES can be used for:
- Annual reports can be signed with simple electronics signatures created by uploading a picture of your handwritten signature
- HR documents, such as employment contracts, NDAs, etc.
- Commercial agreements, including purchase orders, procurement documents, sales agreements, invoices
- Consumer agreements, including new retail account opening documents, sales terms, services terms, software licenses, order confirmations, shipment documentation
- Commercial real estate documents, including lease agreements (except termination notices under residential leases), purchase and sales contracts, and other related documentation for residential and commercial real estate
Advanced E-Signatures (AES) & Qualified E-Signatures (QES)
In Denmark, the legislation provides for situations where both AES and QES can be used to sign documents. However, even in such cases, a QES is to be preferred over an AES for the higher security it provides.
AES or QES which meet the requirements established under the Danish OCES standard (Offentlige Certifikater til Elektronisk Service) must be used for:
- Annual reports and minutes and resolutions of AGMs, board meetings, and shareholder meetings can be signed digitally after authentication via MitID. The Danish Business Authority (Erhvervsstyrelsen) requires that the signed document show a unique reference demonstrating the validity of the digital signature and the identity of the signers. Besides digital signatures via eID, annual reports can also be signed with simple electronics signatures created by uploading a picture of your handwritten signature.
- Applications for registration, financial statements and other documents received by the Commerce and Companies Agency under the Danish Companies Act may be in hard copy or electronic form and have equal legal status, whatever their form. Where the Danish Companies Act requires a document to be signed, such requirement may be satisfied by a personal signature, an automatically reproduced signature, or a digital or similar electronic signature. The Danish Business Authority dictates rules on the use of and registration in the Agency’s IT system, the publication of documents and other notices, the electronic filing of documents, etc.
- Documents described in Section 478 of the Danish Administration of Justice Act (Retsplejeloven)
- Documents described in Section 7 of the Danish Land Registration Act (Tinglysningsloven)
- Certain loan agreements, under section 36 of the Danish Act on Credit Agreements (Kreditaftaleloven)
Handwritten Signatures
- Prenuptial agreements
- Notarial will and witness testament, for which handwritten signatures or formal notarial process are explicitly required (sec. 63, 64, and 66 of the Danish Inheritance Act – Arveloven)
- Signatures on the lease agreement and other agreements on the leased property must be drawn up in writing when one of the parties is exempt from Digital Post (section 4), and the landlord’s notification of rental agreement’s termination (pursuant to section 4.3) cannot be submitted as digital documents (Danish Rent Act – Lejeloven)
Can you use Penneo to sign digitally in Denmark?
Yes! Penneo enables the creation of Advanced Electronic Signatures with MitID, MitID Erhverv, Swedish BankID, and FTN. On top of that, we also enable the creation of Qualified Electronic Signatures with itsme®, .beID, Norwegian BankID, AusweisApp, and passport.
If you don’t have any eID, you can use Penneo’s Simple Electronic Signatures (SES) to create a simple e-signature by drawing it, typing your name, or uploading a picture of your signature.
As the regulatory landscape is constantly evolving, and stricter requirements for the validity of e-signatures might be implemented in the future, relying on a Qualified Trust Service Provider is the safest choice. Besides, it will prove to be an excellent investment in future-proofing your business, ensuring compliance, and securing smooth cross-border collaboration.
As a Qualified Trust Service Provider (QTSP), Penneo ensures a higher level of security of your document transactions and signatures.
DISCLAIMER: The content provided on this website is intended to help understand the legal framework of e-signatures and not to serve as legal advice. As laws and regulations may change often, we cannot guarantee the accuracy of the information presented, as it may not be up to date with the most recent legal developments. Penneo disclaims all liability with respect to this material, expressed or implied, to the maximum extent permitted by law. We suggest consulting a licensed attorney in your area for advice on specific legal issues and jurisdictions. (Last updated: June 2022)
Being part of the EU, Sweden is subject to the eIDAS Regulation, which created standards granting electronic signatures and e-identities the same legal standing as their physical counterparts.
All e-signatures can be used to sign documents online, and the law prohibits discrimination against a signature on the sole grounds that it is in electronic form. In other words, whatever method is used to sign electronically, it will always be up to the judge to decide whether the signature should be considered valid or not in the specific case.
While all e-signatures are potentially court-admissible, not all of them have the same legal standing as a handwritten signature. Based on their security level, eIDAS defines three types of e-signatures: Simple E-Signatures (SES), Advanced E-Signatures (AES), and Qualified E-Signatures (QES).
Each Member State can define use cases where documents can be signed with a simple e-signature and situations when advanced or qualified e-signatures are instead required. Moreover, each country can decide to require a handwritten signature for specific cases.
Signature type required by law
Simple E-Signatures (SES)
Simple e-signatures can be used in all cases where a signature needs to be applied to a document, except for the situations where the law requires an advanced or qualified e-signature.
SES can be used for:
- HR documents (except termination notices), including employment contracts, NDAs, etc.
- Commercial agreements, including purchase orders, procurement documents, sales agreements, invoices
- Consumer agreements, including new retail account opening documents, sales terms, services terms, software licenses, order confirmations, shipment documentation
- Residential and commercial lease agreements
- Intellectual property licenses, such as patent, copyright, trademark, and other intangible property transfers
Advanced E-Signatures (AES)
AES or QES must be used for:
- Annual reports prepared in an electronic form (Ch. 2 Sec. 7 of the Annual Reports Act – Årsredovisningslagen)
- Some real estate documents, such as the assignment agreement and the deposit agreement – according to the newly amended Real Estate Brokers Act (Sec. 5 of the Fastighetsmäklarlag of 2021)
- Certificates created in electronic form (Ch. 1 Sec. 5a of the Banking and Financing Business Regulation – Förordning om bank- och finansieringsrörelse)
- Electronic offers if demanded by the procuring entity, under:
- Ch. 10 Sec. 3 of the Act on Procurement in the Defence and Security Sector – Lag om upphandling på försvars- och säkerhetsområdet
- Ch. 9 Sec. 3 of the Act on Procurement within the Sectors Water, Energy, Transportation and Postal Services – Lag om upphandling inom områdena vatten, energi, transporter och posttjänster
- Ch. 12 Sec. 7 of the Act on Public Procurement – Lag om offentlig upphandling
- Summons applications in civil cases and power of attorney (Ch. 33 Sec. 1a and Ch. 12 Sec. 8 of the Swedish Code of Judicial Procedure – Rättegångsbalken)
- Record of revenues created electronically (Sec. 26 of the Act on Transparency in the Financing of Political Parties – Lag om insyn i finansiering av partier)
- Other documents for which an AES or QES is required under:
- the Companies Act (Ch. 1 Sec. 13 Aktiebolagslagen)
- the Act on Economic Associations (Ch. 1 Sec. 7 Lag om ekonomiska föreningar)
- the Auditing Act (Sec. 2a Revisionslag)
- the Consumer Credit Act – Sec. 43 of the Konsumentkreditlagen
- the Act on Membership Banks (Ch. 1 Sec. 7 of the Lag om medlemsbanker)
- the Foundation Act (Ch. 1 Sec. 9 of the Stiftelselag)
- the Savings-bank Act (Ch. 1 Sec. 4 of the Sparbankslag)
- the Credit Sales Between Undertakings Act (Sec. 11 of the Lag om avbetalningsköp mellan näringsidkare m.fl.)
Qualified E-Signatures (QES)
QES must be used for:
- Certain contracts governed by family law, such as marriage contracts and cohabitant contracts (Ch. 7 Sec. 3 Marriage Code – Äktenskapsbalken and Sec. 9 Cohabitees Act – Sambolagen)
Handwritten Signatures
- Documents that transfer the rights to a property or an asset cannot be submitted electronically (Swedish Land Code – Jordabalk). However, the Government and authorized authorities may issue regulations stating that an application for registration may be submitted in the form of an electronic document.
- Share certificates, issue certificates, convertible instruments issued in the form of debentures, and warrant certificates (ch. 6 sec. 3 and ch. 11 sec. 6 of the Swedish Companies Act – Aktiebolagslag).
- Will and testamentary documents shall be drawn up in writing and signed in the simultaneous presence of two witnesses, who shall certify the deed with their names (ch. 10 sec. 1 of the Swedish Inheritance Act – Ärvdabalk).
Special Cases
- Advanced e-signatures can be used for annual reports, financial statements, and minutes and resolutions of AGMs, board meetings, and shareholder meetings in accordance with the Swedish Companies Act, the Annual Accounts Act, and the Economic Associations Act. However, the annual report must be submitted to the Swedish Companies Registration Office (SCRO) together with a so-called verification page, informing that the signatures were made electronically, proving their validity, and linking the signatures to the documents signed. Such a page must include information about the signers’ identities and the time of signature, and enable the verification of the validity and authenticity of the signatures. Moreover, some documents (such as confirmation certificates and notifications) must always be hand-signed and submitted in original or via the SCRO’s e-service. Thus, the annual report can either be signed digitally and then printed and attached to the hand-signed confirmation certificates and notifications and mailed to the SCRO; or it can be submitted electronically via the SCRO’s e-service, by the board member or CEO who signs the confirmation certificate and logs in with their eID to review, sign, and send in the annual report.
- Employment termination and dismissal notices shall be delivered to the employee personally or via registered letter to the employee’s last known address (sec. 10, 20, and 38 of the Swedish Employment Protection Act – Lag om anställningsskydd). However, this does not mean that a notice of termination cannot be signed electronically; it just means that a physical copy of the notice must still be delivered to the employee.
Can you use Penneo to sign digitally in Sweden?
Yes! Penneo enables the creation of Advanced Electronic Signatures with Swedish BankID, MitID, MitID Erhverv, and FTN. On top of that, we also enable the creation of Qualified Electronic Signatures with itsme®, .beID, Norwegian BankID, AusweisApp, and passport.
If you don’t have any eID, you can use Penneo’s Simple Electronic Signatures (SES) to create a simple e-signature by drawing it, typing your name, or uploading a picture of your signature.
As the regulatory landscape is constantly evolving, and stricter requirements for the validity of e-signatures might be implemented in the future, relying on a Qualified Trust Service Provider is the safest choice. Besides, it will prove to be an excellent investment in future-proofing your business, ensuring compliance, and securing smooth cross-border collaboration.
As a Qualified Trust Service Provider (QTSP), Penneo ensures a higher level of security of your document transactions and signatures.
DISCLAIMER: The content provided on this website is intended to help understand the legal framework of e-signatures and not to serve as legal advice. As laws and regulations may change often, we cannot guarantee the accuracy of the information presented, as it may not be up to date with the most recent legal developments. Penneo disclaims all liability with respect to this material, expressed or implied, to the maximum extent permitted by law. We suggest consulting a licensed attorney in your area for advice on specific legal issues and jurisdictions. (Last updated: June 2022)
Being part of the EU, Belgium is subject to the eIDAS Regulation, which created standards granting electronic signatures and e-identities the same legal standing as their physical counterparts.
All e-signatures can be used to sign documents online, and the law prohibits discrimination against a signature on the sole grounds that it is in electronic form. In other words, whatever method is used to sign electronically, it will always be up to the judge to decide whether the signature should be considered valid or not in the specific case.
While all e-signatures are potentially court-admissible, not all of them have the same legal standing as a handwritten signature. Based on their security level, eIDAS defines three types of e-signatures: Simple E-Signatures (SES), Advanced E-Signatures (AES), and Qualified E-Signatures (QES).
Each Member State can define use cases where documents can be signed with a simple e-signature and situations when advanced or qualified e-signatures are instead required. Moreover, each country can decide to require a handwritten signature for specific cases.
Signature type required by law
Simple E-Signatures (SES) & Advanced E-Signatures (AES)
Simple and advanced e-signatures can be used in all cases where a signature needs to be applied to a document, except for the situations where the law requires an advanced or qualified e-signature.
SES & AES can be used for:
- Annual reports, which must be then filed electronically to the National Bank of Belgium according to the predefined format determined by the Central Balance Sheet Office
- Ordinary rental and lease agreements
- Commercial agreements, such as sales agreements, procurement documents, NDAs
- Certain corporate documents, such as the assignment of nominative shares, stocks or bonds when recorded on relevant registries
- Consumer agreements, including new retail account opening documents
Qualified E-Signatures (QES)
- Minutes and resolutions of board meetings and shareholders’ meetings
- Certain forms, including tax returns and applications, filed with public authorities
- Employment contracts (Article 3bis of the Employment Contracts Act)
- Consumer credit contracts
- Contracts requiring by law the involvement of the courts, government/public authorities, or professions exercising a public service (e.g., a notary), and documents that would need to be filed with official instances such as the clerk’s office, notary public, bank, etc.
- Connect to government e-services (my eBox, MyMinFin)
Handwritten Signatures
- Contracts which create or transfer rights in real estate and contracts for personal and real guarantees given by persons acting for purposes other than their trade, business or profession (Code de droit économique / Wetboek van economisch recht)
- Contracts governed by family law or inheritance law, e.g., prenups, wills, deeds of adoption, divorce agreements, etc. (Code Civil / Nieuw Burgerlijk Wetboek)
- Contracts of suretyship granted and involving collateral securities furnished by persons acting for purposes outside their trade, business or profession (Article XII.16 of the Economic Law Code)
Can you use Penneo to sign digitally in Belgium?
Yes! Penneo enables the creation of Advanced Electronic Signatures with Swedish BankID, MitID, MitID Erhverv, and FTN. On top of that, we also enable the creation of Qualified Electronic Signatures with itsme®, .beID, Norwegian BankID, AusweisApp, and passport.
DISCLAIMER: The content provided on this website is intended to help understand the legal framework of e-signatures and not to serve as legal advice. As laws and regulations may change often, we cannot guarantee the accuracy of the information presented, as it may not be up to date with the most recent legal developments. Penneo disclaims all liability with respect to this material, expressed or implied, to the maximum extent permitted by law. We suggest consulting a licensed attorney in your area for advice on specific legal issues and jurisdictions. (Last updated: April 2024)
As Norway is associated with the EU through its membership in the European Economic Area (EEA), the country decided to adopt an internal law implementing the provisions of the eIDAS Regulation – which created standards granting electronic signatures and e-identities the same legal standing as their physical counterparts.
Norway incorporated eIDAS into Norwegian law through the “Act on implementation of the eIDAS EU Regulation” of 2018 (Lov om elektroniske tillitstjenester).
Under eIDAS, all e-signatures can be used to sign documents online, and the law prohibits discrimination against a signature on the sole grounds that it is in electronic form. In other words, whatever method is used to sign electronically, it will always be up to the judge to decide whether the signature should be considered valid or not in the specific case.
While all e-signatures are potentially court-admissible, not all of them have the same legal standing as a handwritten signature. Based on their security level, eIDAS defines three types of e-signatures: Simple E-Signatures (SES), Advanced E-Signatures (AES), and Qualified E-Signatures (QES).
Each Member State (and countries where the Regulation applies on the basis of international law and national implementation, like Norway) can define use cases where documents can be signed with a simple e-signature and situations when advanced or qualified e-signatures are instead required. Moreover, each country can decide to require a handwritten signature for specific cases.
Signature type required by law
Simple E-Signatures (SES)
Simple e-signatures can be used in all cases where a signature needs to be applied to a document, except for the situations where the law requires an advanced or qualified e-signature.
SES can be used for:
- HR documents, including employment onboarding documents, benefits paperwork, NDAs, etc.
- Commercial agreements, including procurement documents, sales agreements, consumer transactions, software licenses
- Renting and leasing agreements
- Corporate resolutions
- Banking and insurance agreements
- Certain intellectual property licenses
Advanced E-Signatures (AES)
- Documents that relate to public tenders, if a QES is not specifically required
- Deed of conveyance filed with the help of a real estate agent who is registered with the Norwegian Mapping Authority (Kartverket)
Qualified E-Signatures (QES)
- Identity verification of a person under the Hvitvaskingsforskriften (section 4-3) when the identity is not to be confirmed in person
- Some documents that relate to real estate
- Documents that relate to the submission of public tenders, if an AES is not admitted
Handwritten Signatures
- Marriage and pre-marital agreements, and marriage settlements must be entered into in writing by hand-signing (ch. 11 sec. 54 of the Norwegian Marriage Act – Ekteskapsloven)
- Testaments, wills, and springing power of attorney to manage a person’s financial affairs if they become incapacitated (as an alternative to a government-appointed guardianship)
Special Cases
- Annual reports, annual accounts, and financial statements must be submitted electronically via Altinn, a portal serving as a single access point for businesses to government reporting. As the Norwegian Companies Act is technology-neutral, both physical and electronic signatures are admitted.
- Employment termination and dismissal notices shall be delivered to the employee personally or via registered letter to the employee’s last known address (ch. 15 sec. 4 of the Norwegian Working Environment Act – Arbeidsmiljøloven). However, this does not mean that a notice of termination cannot be signed electronically; it just means that a physical copy of the notice must still be delivered to the employee.
- Corporate documents (like minutes of board meetings and shareholder meetings) can be created as a paper document or through the Register of Business Enterprises’ electronic solution for founding limited companies. This means that handwritten signatures are required unless the documents are electronically signed on the platform provided by the Registry of Business Enterprises (Norwegian Companies Act – Aksjeloven)
Can you use Penneo to sign digitally in Norway?
Yes! Penneo enables the creation of Qualified Electronic Signatures with Norwegian BankID, itsme®, .beID, AusweisApp, and passport. On top of that, we also enable the creation of Advanced Electronic Signatures with MitID, MitID Erhverv, Swedish BankID, and FTN.
If you don’t have any eID, you can use Penneo’s Simple Electronic Signatures (SES) to create a simple e-signature by drawing it, typing your name, or uploading a picture of your signature.
As the regulatory landscape is constantly evolving, and stricter requirements for the validity of e-signatures might be implemented in the future, relying on a Qualified Trust Service Provider is the safest choice. Besides, it will prove to be an excellent investment in future-proofing your business, ensuring compliance, and securing smooth cross-border collaboration.
As a Qualified Trust Service Provider (QTSP), Penneo ensures a higher level of security of your document transactions and signatures.
DISCLAIMER: The content provided on this website is intended to help understand the legal framework of e-signatures and not to serve as legal advice. As laws and regulations may change often, we cannot guarantee the accuracy of the information presented, as it may not be up to date with the most recent legal developments. Penneo disclaims all liability with respect to this material, expressed or implied, to the maximum extent permitted by law. We suggest consulting a licensed attorney in your area for advice on specific legal issues and jurisdictions. (Last updated: June 2022)
Did you know that a single lawyer typically generates 20K to 100K printed pages per year?
The legal profession has historically been heavily paper-reliant, change-averse, and, therefore, behind the innovation curve. But in an increasingly saturated legal services market, firms worldwide need to find new ways to stand out in the crowd. And that’s where LegalTech comes into play.
By 2025, legal departments are going to triple their spending on digital solutions to become more efficient and competitive on the global map. Yet, the attention to data protection and cybersecurity remains top of mind when picking digital tools.
How can you trust software providers and make sure their services are compliant? What are the top tools that modern legal officers can’t do without?
This guide outlines LegalTech trends and modern clients’ demands to help you plan safe investments, make your business more agile, and your customers more satisfied.
Industry trends to future-proof BFSI organizations
An end-2020 survey found that 68% of BFSI companies interviewed had developed a digital transformation strategy to drive growth, innovation, and turnover.
Going digital is today more than ever crucial for business resiliency and competitiveness in the glocal market. That’s why banks and financial services companies are accelerating their adoption of innovative technology. But what exactly are the digital tools that can help the finance sector work better? What is the current state of finance automation? And what’s the approach your peers are adopting?
We’ve outlined major topics, recent trends, and key takeaways in the financial services industry to help you navigate the evolving landscape. Here are some of the insights you’ll find in this guide:
- What obstacles are your peers encountering in going forward with digital projects? And are they planning to address common challenges?
- What main regulations will impact financial services (and digitization needs) in 2021?
- How positive is the digital solutions’ ROI for BFSI firms?
- What are your competitors’ investment plans for 2021?
- What digital tools can improve financial activities?
- What to look for when choosing the best digital solution?
Organizations from all sectors are focused on digital transformation, striving to optimize costs and time efficiency through technology investments. In such a context, where are the accounting firms on the digitization roadmap? Can they also take advantage of digital tools to improve their daily operations?
The guide aims to answer these questions by providing statistical data and tangible examples of the benefits auditors can gain from digitizing and automating their workflows. You’ll get insights about:
- Industry trends and drivers (the need for process optimization, political and legislative endorsement, better CSR performance to meet stakeholders’ expectations).
- How digital document management and automation address audit-process inefficiencies and speed up daily activities.
- What to look for in a digital solution to ensure a smooth transition from paper to digital processes.
Embracing the power of technology goes a long way in providing faster and safer operations, improving customer experience, and building overhead trust. Transparency, convenience, and compliance are additional benefits that come from the adoption of a cutting-edge digital solution.
As happened in all other industries, digitization went from a nice-to-have
to a need-to-have
for real estate agents in the last decade.
Our real estate guide investigated purchasing and renting scenarios to identify common issues and inefficiencies – from the length of the process and the frequency of delays in sharing and signing documents to the inherent security risks. Based on such problems, then, we illustrated the perks achievable through digitization for both parties involved.
For the landlord, time and cost savings are evident, as:
- it gets easier and faster to send out a document for signature and receive it back on the same digital platform instead of having to print it, mail it, wait to get it back, scan it, etc.;
- such simplicity and speed are then found again when renewing the lease, as the document can follow the same custom flow, and the process can be automated;
- moreover, document management solutions include security capabilities that help meet compliance requirements and provide assurance on protecting the privacy of the people involved.
Likewise, for the tenant, many advantages can be identified, such as enjoying a faster leasing process, greater transparency, better accessibility to the contract and information needed, and higher confidence in their personal data security and privacy.
How to keep documents safe & protect your data
As cyberattacks and massive data breaches make headlines in the news on a regular basis, cybersecurity is today as vital to our daily lives as digitalization itself. Every company is a target: no matter its function, size, or annual revenue, no region or industry is immune, as all organizations hold data that hackers covet. Thus, championing cybersecurity is not merely an IT issue but a key business problem that must rise from an afterthought to the primary focus.
We gathered insights related to the most common cyberattacks and detailed a Cybersecurity Management Plan – structured along the three pillars of readiness, proactivity, and resilience – to cut the chances of breach verification and preserve business continuity. As you will see, these goals are achievable by adopting a cloud-based Document Management System, able to respond to cybersecurity needs while improving operational efficiency.
A document management software provides an excellent level of protection for the data held by your company, in addition to revolutionizing the quality of your daily business activities – and it can make all the difference if your business comes under attack. Thanks to all the security capabilities provided, you can be sure that, whatever happens, sensitive information and documents are kept intact.
At a time where Human Resources departments are taking on a more business-critical role than ever before, industry analysts strongly support HR processes automation as pivotal for the overall digital transformation of a business. Nonetheless, many companies are still hesitant about whether they should undertake their digital journey.
Our human resources guide provides insights to assist HR managers from this reluctance phase to a stage of acquired trust – due to the recognition of the benefits achievable from employee onboarding digitization.
We took off from the main challenges faced by HR departments:
- the difficulties of coping with all the paper documents involved,
- the costs in terms of time and resources needed to perform manual administrative work,
- the need to keep up with new compliance requirements and protect the privacy of the people involved.
Our human resources guide precisely focuses on addressing these problems to let you welcome new employees with a smooth onboarding experience.
As time goes by, groundbreaking innovations keep changing the way business is conducted. From paper to electronic devices, from computers to the cloud, the auditing and accounting profession has continued to stand the test of time – without, however, taking full advantage of what these new technologies can offer.
Our accounting guide focuses on what are likely the paper-based processes that take up most of the auditors’ time: the annual report and the annual general meeting. We considered the true cost of handling the related documents manually, including hours of tedious manual work, exposure to privacy risks, and the costs of fixing mistakes stemming from human errors. Other costs need to be added to these already hefty expenses, such as the time and resources for collecting signatures and sharing, managing, and storing the final documents.
Do you want to know more about digitization in audit and accounting? Download our guide and put your company on track towards the digital future of auditing and accounting.