Getting an official signature on documents sent via the Web is tricky. Tune Core, a Brooklyn-based online music distribution company founded in 2005, faced this exact issue when dealing with legal documents for artists. The company was flooded with documents, and sending, tracking, and storing signed these physical letters quickly became a nightmare. In order to deal with this new mass of paperwork, Jamie Purpora, the company’s new president of music publishing, turned to RightSignature. The company is California-based and specializes in legally binding signatures, and competes with other e-signature companies like DocuSign and EchoSign.
According to Crain’s NY Business, this market has been booming because of the widespread adoption of cloud-based tools by businesses. A recent report released by technology research firm Gartner reported that the e-signature market grew 48% in 2011, with some $164 million in revenues.
RightSignature uses a variation of uploaded PDFs and Word files that work with online services. A virtual version of the process is offered, and collects a legally binding signature. The actual signing is done with the computer mouse, producing a very close lookalike to a paper and pen signature. Plans start at $14 per month, but most premium features, including the ability to add multiple users and document templates, begin at $49 per month.