An electronic signature is any electronic indicator that a person intends to agree to a document. Typed names, drawn marks, checkbox confirmations, and cryptographically secured certificates.
Sales contracts are where slow signing has the most direct commercial cost. Every day a contract sits unsigned is a day the deal can fall apart. A competitor quotes.
Electronic signatures have been an industry standard for years, yet a surprising number of operations teams still stall their deployments based on assumptions that simply do not hold up under scrutiny.