Conclude’s electronic signatures for B-BBEE VERIFICATION
Paper-based systems introduce several risks for companies, consultants, and verification agencies involved in B-BBEE verification. The strict protocols, processes, and plethora of documentation that moves between parties mean that accuracy, speed, and verifiability are paramount – and these are requirements that paper-based processes simply cannot support.
Conclude’s electronic signatures solutions enables any organisation to optimise how they create and quickly, share, review, approve, and securely sign important business documents.
Electronic signatures are accepted under South African law and offer the added advantage of being convenient and tamper-proof. Conclude’s electronic signatures offer a simple and secure solution for the presentation, circulation, and approval of verification documents – making them ideal for use in the B-BBEE Verification process.
Conclude’s solution is secure, legal, and will save you time, cut your costs and introduce strong controls that eliminate errors.
Electronic signatures are SECURE
Electronic signatures have been in use in the banking sector in South Africa for decades. This is evidence that for documents where traceability, accountability, and auditability are crucial, a digital signature offers clear legal weight, data integrity, and individually signed approval, together with easy-to-access workflow process evidence.
“Wet” signatures vs electronic signatures
Electronic documents are always available online, and more than one original can exist.
Impossible to have missing, lost or damaged pages.
Uses advanced electronic signatures with notary optional
Uses encrypted SSL/TLS secure sessions.
Online timestamp authority provides a secure and trusted time of signing.
The document status and the next user action are always available
Multiple copies can be kept at different sites in a secure digital archive and copies maintain the legality of proof.