arm of the China-based Fujian Foxit Software Development JSC Ltd. After the transaction is complete, Foxit leverages public key infrastructure to digitally seal the document, verify that electronic signatures are valid and ensure that documents haven’t been altered.įoxit Software is the U.S. Audit trail information such as the date and time the document was opened, when it was signed, its geolocation and its certificate of completion can be seen from the PDF Editor user interface.
Users can see the signature transaction within Foxit PDF Editor while the information is kept in the Foxit cloud, where the document is uploaded as an electronic, legally binding record, the company said. The process of distributing signed PDF documents has made the procedure of in-person contract closing obsolete,” it said. The research firm cited “the increasing adoption of remote working policies… and the burgeoning requirement for secure online transactions…. The global e-signature market is expected to grow faster than 26% annually through 2030, to $12.7 billion, according to Prescient & Strategic Intelligence Private Ltd. “You don’t have to go to a portal if you have a Foxit eSign account and you’re logged in you fill in the form and in the signature area just click,” said Chief Marketing Officer Frank Kettenstock. They can collect signatures from multiple contacts and manage the signature workflow without using a third-party service. People with a Foxit license and account create, redact, edit and collaborate on forms before sending and signing them. The feature it has integrated is based on technology the company picked up with last month’s acquisition of eSign Genie, which is the trade name of AccountSight Inc.įoxit with eSign provides a legally binding and secure digital signature workflow that can apply to digital contracts, agreements and forms. The company is banking on simplicity in an environment in which digital contracts are typically distributed through third-party services for signatures. The combination enables users to create, edit and sign legally binding documents without leaving the PDF editor. Foxit Software Inc., maker of a line of tools for creating and editing PDF documents, today announced version 11.2 of its Foxit PDF Editor with integrated e-signature capabilities.
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