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Do you want to build e signature software but are unfamiliar with the development process? If yes, you are at the right place. This blog outlines a strategic roadmap of 7 key steps to develop e signature software and meet your business goals.

E signature is the future of business and is already here. Nowadays, any document can be electronically signed, which immediately impacts all commercial domains. As per a study, 82% of e-signature businesses experience an ROI in an annual budget cycle, while 25% have an ROI within 3 months. With this data, businesses find it profitable to build e signature software to operate effectively.

However, when it comes to building signature software, a common question comes to the investor’s mind: “How to make e signature software?” If you are one of them, no need to worry. With this blog, you will learn about the process of developing e-signature software, its must-have features, and development cost.

Let’s begin!

Table of Contents

Introduction of E Signature Software

E-signature software is a digital tool that allows users to sign documents electronically. It has replaced the traditional method of printing, scanning paper, and physically signing documents. The software streamlines workflows and offers secure storage of signed documents. Additionally, it ensures a hassle-free way of getting signatures instantly from anywhere.

So, if you also want to build e signature software to operate your business efficiently, you can take assistance from a software product development company. Professionals will turn your vision into reality. With the expertise of a software development company, you can build user-friendly and secure e-signature software, meeting your business needs.

Current Market Stats On E Signature Software

By 2023, the value of the global digital signature market was projected to reach USD 7.5 billion.
The sector is expected to be worth USD 10.0 billion by the end of 2024.
Over the course of the expected period, the digital signature industry is forecasted to grow at a rate of 33.5% CAGR that reach a valuation of USD 134.9 billion by 2033.

Source: Statista

By 2030, the market for electronic signatures is expected to have grown from its 2022 valuation of about 3.9 billion US dollars to 43.14 billion.

7 Key Steps to Build E Signature Software

Are you wondering how to build e signature software? Building e-signature software is quite a complex process, as it requires careful planning and extensive expertise. However, consulting with an e signature software development Solutions provider can make the process easy. Now, look at the guide for modern software development process:

1. Conduct Market Research

Before you start building e-signature software, you have to understand the landscape. For this, you are supposed to conduct market research to identify your target audience and study existing competitors and their strategies. Additionally, you need to analyze what features you should insert in your e-signature software to meet the market gap.

2. Choose the Right Tech Stack

To build e signature software successfully, you are responsible for choosing the best tech stack, offering scalability, security, and ease of integration. Consider Programming languages and databases that align with your software’s specific needs. At this stage, you can seek assistance from an enterprise product development company in selecting popular options, ensuring real-time collaboration and accessibility.

3. UI/UX Design

To stand out in the market, your e-signature software must be user-friendly and intuitive. So, you have to invest in a well-designed user interface that users find easy to navigate and visually appealing. Emphasizing a straightforward user experience that can guide users can minimize confusion. An efficient and smooth signing experience can grab user attention and make your software successful.

4. App Development

Now, it’s time to develop the core functionality and features of your e-signature software. Here, ensure to include features like signing capture, document uploading, audit trails, and signer authentication. Furthermore, you are advised to consult with an IT consulting services provider to ensure that your e-signature software adheres to relevant security standards and regulations.

5. Testing and Quality Assurance

It’s the most critical stage in building e-signature software. Here, you are responsible for implementing a QA procedure so that bugs and other issues can be identified and addressed efficiently. As this phase requires much effort, you are advised to hire a mobile app development company that can guide you through the testing you need to conduct to obtain a better outcome.

6. Launching and Marketing

After completing the software product development and testing process successfully, create a strategic marketing plan so that you can inform your target audience about your software. To differentiate your software from the other alternatives, you should highlight the unique selling points of your e-signature software and showcase its unique features.

7. Scale and Maintenance

The process does not end here once you have launched your software in the market. With a growing user base, your e-signature software needs to scale seamlessly. You are also advised to hire dedicated developers who can implement robust infrastructure so that traffic can be handled while maintaining optimal performance.

Essential Features of E Signature Software

In the current digital world, e-signature software has become a critical game-changer for business. With multiple options and unique features, the competition is increasing day by day. Hence, as per SaaS application development, to stay competitive, ensure to insert the following feature in your e-signature software:

1. Authentication and Verification

To ensure signature authenticity, your e-signature software should employ different authentication methods, validation checks, and digital certificates.

2. Mobile-friendly Signing

Build e signature software that allows users to easily access and sign documents from different devices, ensuring accessibility and flexibility.

3. Multi-party Signing

With a smooth signing procedure for multiple recipients, specify the signing order and ensure everyone has access.

4. Audit Trail and Document History

Ensure your signature document records the signing procedure, including IP addresses, timestamps, and who signed what.

5. Signature Options

Your e-signature software must offer different signing methods, such as typing, drawing, or uploading a pre-saved signature image.

6. User Management and Roles

Build e signature software that assigns users roles and permissions to control document access and signing workflows.

7. Security and Compliance

Ensure that your e-signature software guarantees secure document storage with access controls and encryption and adheres to industry standards and regulations.

8. Bulk Sending

Build e signature software that enables users to share documents efficiently with several people. This will save them time and provide a convenient service.

9. Deadline Setting

Your e-signature software should be capable of establishing clear deadlines for signing so that everyone can stay accountable and on track.

10. Customer Support

To make your e-signature successful, ensure access to reliable customer support if there is any technical issue or query.

How Much Does It Cost To Build E Signature Software?

Building an e-signature software can be lucrative. However, it requires some upfront costs. So, what is the cost of custom software development? On average, the cost to create e signature software ranges $11000 – $28000. But, the cost of creating an e-signature software can be different depending on the software’s size and complexity, as shown in the table below:

E Signature Software Development Cost

E Signature Software’s Type	Estimated Cost	Time Frame
Simple E Signature Software Development	$11000 – $17000	3 to 5 Month
Medium Complex E Signature Software Development	$17000 – $22000	5 to 8 Month
High Complex E Signature Software Development	$28000+	10+ Month

With this table, you can estimate the cost of developing an e-signature software. However, it would help if you also considered the app’s features, complexity, chosen platform, mobile app development company, and many more. Hence, if you find it challenging to work with so much difficulty, you should hire software developers. Ensure that the app development company can guide you about different aspects to build e signature software within your budget.

Know Cost To Maintain E Signature Software

You must know that more than building e-signature software is needed to stay ahead of the cut-throat competition. You must constantly monitor your software to meet the user’s changing needs. Typically, the cost to maintain e-signature software falls somewhere between 15 and 20% of the overall software development cost. However, the maintenance cost can differ based on your project’s requirements. Hence, you can consult with a mobile app development company that maintains your e-signature software while improving overall productivity.

Why Must an Entrepreneur Invest In Building E Signature Software?

Whether your business is small or large and what industry you are in, everyone is looking to increase revenue and save money. Hence, e-signature software offers a powerful, easy way to make your goals a reality. As per the software or CRM development solution provider, e-signature software brings your business several benefits, mentioned below:

1. Cost Saving

As the traditional mythos of document signing include various expenses of ink, paper, storage, and postage, e-signature software has reduced these expenses. With the effective E-signature software development methodologies minimize the requirement of manual processing, which saves labor costs and also increases cost-effectiveness.

2. Increased Efficiency and Productivity

E-signature software allows businesses to automate repetitive tasks related to document signing, such as sending reminders, managing document status, and tracking signatures. According to a software development company, this automation frees up resources and time that enable employers to focus on strategic activities.

3. Enhance Security

With e-signature software, businesses can ensure advanced security features such as authentication, encryption, and audit trails that facilitate the confidentiality and integrity of signed documents. As per software or CMS development companies, it also ensures compliance with industry regulations.

4. Improved Customer Experience

By investing in e-signature software, businesses can improve user experience by facilitating a user-friendly and convenient signing procedure. It allows users to sign documents digitally from any device, which not only improves customer satisfaction but also fosters trust and loyalty in your software.

5. Scalability and Flexibility

Custom software development offers flexibility and scalability, tailoring to particular business needs. Businesses can integrate the custom e-signature software with their existing workflow and system, customize features based on unique requirements, and scale operations as they grow.

Know How We Can Help!

As you know, e-signature software with chatbot development is revolutionizing businesses by streamlining workflows. The software has made it easy to sign contracts instantly and get approval on the fly, as well as paper trails through digitalization. It boosts business efficiency, saves time, and cuts down on physical documents. Hence, to enjoy such benefits, you can also build your e-signature software with the help of a mobile app development company. If you are looking for the same, Dev Technosys is a software testing services provider that can help you in custom e signature software development that meets your business needs. We at Dev Technosys handle the security, design, and integration with the client’s existing system to give them a powerful tool, transforming how they operate.

So, what are you waiting for? Share your project’s requirements with us and let us bring your idea of e signature development to the table.

Frequently Asked Questions On E Signature Software

1. What Is E Signature Software?

It’s a digital solution that allows businesses to legally receive or give a binding signature. It leverages features like simplified sending process, easy to use platform, and tracking and managing contract progress.

2. How Much Does It Cost to Build SaaS Software?

If you are about to develop e signature software, you have to invest around $11000 to $28000. However, the SaaS software development cost can be changed as per your project’s requirements.

3. How Long Does It Take To Build E Signature Software?

Time frame of e signature software development depends on its complexity. On average, the time to make e signature software varied 3 to 11 months.