DocMagic, Inc. has made an agnostic version of its eSign technology available for free to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted, the company announced in a release.

DocMagic is a leader in eSign technology within the mortgage industry, having executed more than 300 million eSign transactions and counting.

DocMagic’s eSign technology traditionally is used by mortgage loan borrowers to compliantly eSign initial mortgage loan document disclosures and closing documents. However, DocMagic has modified the platform, making it document agnostic, enabling it to easily handle the execution of important documents such as contracts, NDAs, LOIs and virtually  any other agreement, to be electronically signed and legally binding.

“As stay-at-home orders began to open up in more states, large numbers of home-based workers in all industries will continue with the telecommute model and thus continue facing challenges with signing and executing documents,” DocMagic President and CEO Dominic Iannitti said in the release. “Many employees are using makeshift home offices that lack the hardware, devices, and software to facilitate compliant eSignings. Fortunately, DocMagic is in a great position to help with a proven platform used in one of the strictest, most highly regulated industries.

“Our eSign technology allows companies to circumvent wet signings, back-and-forth emails, and scanning or faxing documents, for a proven, highly secure, compliant electronic platform,” Iannitti added.  

DocMagic’s eSign platform is 100 percent web-based, requires no installation or maintenance, and can be securely accessed via any device with an Internet connection.

DocMagic eSign, according to the release, provides for the secure capture of electronic signatures for all documents stored in the PDF file format. Documents are digitally sealed and access is provided to all parties with audit trail capabilities, document versioning, tracking, and email notifications.

In a recent Zillow survey conducted by The Harris Poll, more than half of employed Americans (56 percent) have had the opportunity to work from home and a vast majority wants to continue working from home, at least occasionally, according to the poll. Among Americans working from home because of the pandemic, 75 percent said they would prefer to continue to do so at least half the time, if given the option, after the pandemic subsides.

And two-thirds (66 percent) of those employees said they would be at least somewhat likely to consider moving if they had the flexibility to work from home as often as they want.

“We believe that even after stay-at-home orders are gradually lifted, there will still be a significant number of businesses that find the telecommute model to be pragmatic, efficient, and cost effective,” Iannitti said. “After the COVID-19 pandemic slowly winds down, we still want to make our eSign technology available for free. It’s our ongoing way of giving back in order to help companies remain as successful as possible.”