Sunday, 10 April 2022 17:36

PBS to provide certification services for electronic signatures

Written by Evelyn Alas

The company Productive Business Solutions, PBS, announced that after having complied with the requirements of the Electronic Signature Law, its regulations and other applicable rules, it has been authorized by the Ministry of Economy to provide certification services for Electronic Signature, Electronic Seal and Time Stamp.

This process is key in the digital transformation that most companies are currently undergoing, applying digital capabilities to processes, products and assets to improve efficiency, enhance customer value, manage risk and discover new opportunities for revenue generation.

"Digital transformation helps an organization keep pace with emerging customer demands, keeping up with them into the future. It enables organizations to better compete in an economic environment that is constantly changing as technology evolves.

To that end, digital transformation is necessary for any business, non-profit organization or institution looking to survive into the future", said Mirian Alas, General Manager of PBS El Salvador.

What is the Certified Electronic Signature?

It is a set of electronic data that allows to identify, in a unique way, each person.

One of the electronic signature services offered by PBS is the one-shot signature. This service allows the issuance of an electronic certificate of short duration with which the user can sign up to 10 documents during a period of 24 hours. It is characterized by its unaltered user experience, flexibility and ease of use.

Other electronic signature services are the long-lived signature and the automated signature. The first one contains a set of validations which allows it to remain valid for long periods of time. The second is the best option for signing large volumes of documents in an automated way, which allows companies to make the different processes more efficient.

There are also electronic services, including time stamping and validation services. Time stamping allows to validate a digital document by certifying the exact date and time of its creation. The validation service allows verifying that the signatures used in the documents are valid and issued by a certification service provider.

These certified services are an essential component for the digital transformation processes of different companies, institutions and organizations in all sectors.

In the financial sector, some of the processes that become more efficient with these services are: signing consumer loans, opening bank accounts, signing transactions and receipts, among others.

In the insurance sector, the contracting or cancellation of policies and other processes become more immediate and agile with electronic signature services.

Corporate telecommunications processes become more efficient, because with these certified services they can obtain immediate signature of service contracts, time stamping of transactions, digitalization of processes with full guarantees, and more.

The implementation of the different electronic signature services makes the legal sector more efficient in its processes, since this provides flexibility for clients and contracts can be finalized with greater agility.

"At PBS we make things happen. As we have a robust portfolio of integral technological solutions, this new service complements the needs of our clients, whom we will continue to accompany in their digital transformation", concluded Miriam Alas.