Digital signature solutions enable the creation of compliant and legally enforceable electronic records, eliminating an organization's need to print documentation for signature authorizations. This reality allows organizations to enjoy the benefits of a truly automated workflow, which includes the replacement of slow and expensive paper-based approval processes with fast, low-cost, and fully digital ones.
In recent years, most countries worldwide have adopted legislation and regulations that recognize the legality of a digital signature (standard electronic signatures) and deem it a binding signature. In addition to governments, many industries have established regulations (e.g., FDA 21 CFR Part 11 in the Life Sciences industry) that define digital signatures as a replacement for handwritten signatures.
Since CoSign® uses digital signatures, a secure form of electronic signatures, it can provide legal compliance in the most tightly regulated industries and geographies. CoSign offers a solution that is FIPS 140-2 Level 3 certified and is based on the Digital Signature Standard (FIPS 186-2). With the proper standard operating procedures in place, CoSign can comply with e-sign, EU directives and VAT law, FDA 21CFR part 11, HIPAA, USDA and SOX.
