What is DocuSign?
DocuSign is a secure electronic signature technology that allows individuals to sign and consent to various documents, including legal documents, tax-related forms, and vendor agreements. It simplifies the signing and processing of real estate documents, allowing real estate professionals to manage transactions digitally. Its features include document preparation and management, electronic signature technology, and digital transaction management services, all of which help streamline the signing and processing of real estate documents. DocuSign is widely used in the real estate industry, making it easy for real estate professionals to sign and manage documents electronically.
What is Authentisign?
Authentisign is a browser-based electronic signature software designed for the real estate industry. It allows agents to obtain legal signatures on documents straight from their computer, iPad, or Android tablet. The software is secure, affordable, and compliant with ESIGN and FHA regulations. With Authentisign, users can monitor every step of the signing process, receive auto notifications, and access a complete document history. The tool features drag-and-drop technology, allowing agents to easily create signing and initial blocks that can be placed anywhere on the document.
What are the Benefits of Using DocuSign vs Authentisign?
1. Instant signature and approval capabilities
DocuSign and Authentisign both offer instant signature and approval capabilities, but they differ in certain aspects. DocuSign offers a customizable signing workflow, which allows users to add multiple signers, assign different permissions and roles, and customize the sequence of signatures. Users can also set up reminders and notifications for real-time updates. DocuSign adheres to the Americans with Disabilities Act (ADA) and Section 508 standards. However, DocuSign requires users to commit to a certain level of usage, which may not be suitable for all businesses.
On the other hand, Authentisign is built into Transactions, so users have all the necessary tools in one place. It offers a three-step signing process, which can be convenient for real estate agents. Authentisign also eliminates the need for manual entry and uploads. However, Authentisign may not offer the same level of customization as DocuSign, and it may not be suitable for businesses that require multiple signers or complex workflows.
2. Easy electronic signature creation and signature placement
With DocuSign, users can create and save reusable templates, drag-and-drop signatures, and integrate with many tools. Additionally, DocuSign offers a simplified wizard to make signing quick and easy.
Authentisign, on the other hand, is fully browser-based, which means users don’t have to download or install anything. Users can create layouts and save them, place signatures on their set locations, and drag-and-drop signatures.
Both platforms offer cloud storage integration, reusable design layouts, and API availability. DocuSign and Authentisign make the signing process simple, saving time, money, and paper.
3. Wide range of documents and signature options
With DocuSign, users can create, edit, and convert documents with over 20+ tags and fields for customization. Cloud storage integration allows easy access to documents from various servers. The signing workflow allows for multiple signers, bulk sending, and customizable permissions and roles.
Authentisign, on the other hand, offers similar features but with a focus on real estate documents. It allows users to add custom fields for property details and offers a variety of signing options, including in-person signing and remote online notarization. Both platforms prioritize security and compliance with industry standards.
4. Mobile app for easy signature creation and approval
Both DocuSign and Authentisign offer mobile apps that allow users to create and approve signatures on the go. However, there are some notable differences between the two apps.
DocuSign’s mobile app allows real estate professionals to send quotes and approvals from any device, improving customer relations and eliminating the need to physically chase down paper documents. The app also allows users to collect e-signatures in person and offers a secure backend structure that delivers a 99.9% uptime rate.
On the other hand, Authentisign’s mobile app focuses on security, offering features such as real-time tracking and management of e-signatures and automated placement of signature blocks in documents. Its user interface is designed to be user-friendly, with easy-to-use tools and a streamlined process that eliminates manual data entry and uploads.
5. Wide range of platforms and browsers supported
DocuSign offers a wide range of platform and browser support, making it a versatile e-signature solution. It is available for Android, iOS, and Windows, and supports 43 languages. It is also 100% browser-based, with no apps or installations required. DocuSign integrates with a variety of cloud storage services, including Dropbox, Google Drive, and One Drive.
In contrast, Authentisign is limited to a browser-based interface, with no apps available at the time of writing, and has no mention of cloud storage integration.
6. Security and privacy features
Both DocuSign and Authentisign offer robust security and privacy features to ensure the authenticity and safety of eSignatures. Here are the key security and privacy features offered by each platform:
- Multiple layers of security and authentication, including email, SMS, access code, and personal ID verification
- Compliance with ESIGN, SSAE, and ISO 27001 standards
- Tamper-proof security technology and final document encryption
- Secure website connections and SSL encryption
- Signature certificates issued by Certification Authority for every signing
- ESIGN compliant and FHA/Fannie Mae approved
- Tamper security-proof technology and document encryption
- Private keys stored in HSM and signature certificates issued by Certification Authority for every signing
- Tier IV SSAE-16 Type II certified data center with backup secondary storage center
- SSL encryption for internet connections
While both platforms offer strong security and privacy features, the key difference is that Authentisign’s data is hosted by its owner, Instanet Solutions, in their Tier IV SSAE-16 Type II certified data center with backup storage, while DocuSign stores data in the user’s data center with compliance to SSAE and ISO 27001 standards. Additionally, Docu Sign offers multiple layers of authentication, including knowledge-based questions, which Authentisign does not provide. Overall, both platforms prioritize security and privacy to ensure the authenticity and safety of eSignatures.
7. Document encryption and digital signature verification
DocuSign and Authentisign use document encryption and digital signature verification to ensure the security and authenticity of signed documents. DocuSign offers multiple layers of security, including authentication through email, SMS, access code, personal ID verification, and knowledge-based questions. It also complies with high-level encryption and security standards, such as SSAE and ISO 27001 certifications. DocuSign’s cloud storage integration allows users to retrieve documents from various cloud servers. DocuSign’s signing workflow allows users to add multiple signers, assign various consents and jobs, and set up reminders and notifications for real-time updates.
Similarly, Authentisign offers document encryption and digital signature verification through SSL encryption, two-factor authentication, and multi-factor authentication. Authentisign also offers a signing workflow that allows users to add multiple signers and assign various roles and permissions. However, unlike DocuSign, Authentisign does not offer cloud storage integration.
8. Integration with cloud storage and business apps
Both DocuSign and Authentisign offer cloud storage integration with popular services like Dropbox, Google Drive, and OneDrive, allowing real estate professionals to easily access and manage their electronic agreements from any platform. In addition, both services offer wide-ranging integrations with other business apps like CREA Webforms, Salesforce, and Workday, streamlining workflows and complementing existing processes. These integrations provide real estate professionals with the ability to easily prepare and manage electronic agreements, eliminate the need for paper documents, and increase efficiency by reducing time spent on manual tasks.
With DocuSign’s suite of applications, users can access the cloud through any platform, while Authentisign’s advanced features like reusable templates and conditional fields make it a great choice for those looking for a more customizable solution.
9. Customer support and updates
DocuSign and Authentisign both offer different levels of customer support and updates for their users. DocuSign offers phone and email support for all of its pricing plans, including a 24/7 tech support option for its Premium Plus plan. Additionally, DocuSign provides a help center and free 1-on-1 training for its Premium Plus users.
Authentisign, on the other hand, provides email support for its Basic plan and phone and email support for its Premium plan. Both platforms offer frequent software updates, with DocuSign updating its software every two weeks and Authentisign updating its software every three weeks. These updates include new features and integrations, as well as bug fixes and security enhancements. Overall, both platforms provide strong customer support and regular updates to ensure the best user experience for their customers.
10. Cost-efficiency compared to traditional methods
DocuSign and Authentisign are electronic signature software that can save real estate professionals time and money compared to traditional methods of document signing. Printing, faxing, and filing papers can be time-consuming, expensive, and wasteful. With electronic signature software, real estate professionals can easily sign and send documents without the need for physical paper. In addition to saving time, electronic signature software can also save money on printing, scanning, and faxing costs. According to a study by MarketsandMarkets, the global digital signature market is expected to grow from $2.8 billion in 2020 to $14.1 billion in 2026, representing a growth rate of 13.1%. DocuSign and Authentisign are just two examples of electronic signature software that can help real estate professionals save money and improve their workflow.
Which Document Signing Platform Should You Choose?
The article does not provide a direct comparison between DocuSign and Authentisign. However, it does mention that both are strong eSigning platforms with individual attributes. In general, when deciding between eSignature platforms, it is essential to consider factors such as the size of your team, budget, and what you need from an eSignature tool. Both platforms offer similar functionality but with a few nuances. Based on the information provided, DocuSign may be the better option for real estate signatures and documents due to its advanced analytics and powerful integrations. However, it is always recommended to do thorough research and consider all options before choosing an eSignature platform.
Partnering with Ubique Digital Solutions
When choosing between DocuSign and Authentisign, it’s essential to consider your specific needs, budget, and preferences. Assess factors such as ease of use, customization options, security features, and industry-specific requirements to make an informed decision.
To take your real estate business to the next level and ensure seamless document management, consider partnering with Ubique Digital Solutions. Our experienced team can help you integrate and optimize the chosen platform, provide training and support, and assist with customizing workflows to maximize efficiency. Contact Ubique Digital Solutions today to boost your business to success.
Q: Is DocuSign compatible with other software and apps?
DocuSign offers compatibility with a variety of software and apps commonly used in the real estate industry, including Google Suite, Salesforce, and Workday. These integrations can enhance the user experience by allowing users to access the cloud through their existing applications and processes. For example, users can easily prepare and manage electronic agreements through Salesforce, streamlining their workflow. The flexibility and configurability of DocuSign’s integrations ensure maximum assurance to the end user with minimal commitment.
Q: Are there any security issues with using DocuSign or Authentisign?
Both DocuSign and Authentisign offer robust security measures to ensure the safety and integrity of your documents. DocuSign utilizes multiple authentication forms to ensure the signer’s identity, including SMS authentication via OTPs, access code authentication with the phone, personal ID verification, and authentication through knowledge-based questions.
Does DocuSign offer customer support?
Yes, DocuSign offers customer support through various channels such as live chat, email, phone, and an extensive Support Center. Users can also join the DocuSign community to gain more insight into the best ways of using the platform. Real estate companies can request additional training for agents and brokers who want a deeper understanding of the platform’s capabilities.
How does DocuSign integrate into the workflow of real estate transactions?
DocuSign for Real Estate is a full-scale application that automates the end-to-end collection of digital signatures in real estate transactions. The platform seamlessly integrates with popular business tools like Drive, Box, zipForm, and Dropbox, allowing agents and brokers to build customized approvals that follow specific flows.