XU Magazine - Issue 30

Page 14

Digital Signatures and Verified ID - The Secret To Customers And Profits When the pandemic arrived, the future came silently with it, hidden under the immeasurable threat to global economies. This article is

B

usiness As Usual for Accounting Professionals

Despite the complete disruption caused by the pandemic, accountants worldwide continued to lodge documentation as required by global regulators who have already moved towards digital.

Exploding the myth that baby boomers wouldn’t embrace digital change.

Amreeta Abbott, CEO, Annature Amreeta Abbott is an accomplished fintech entrepreneur, innovator and director who successfully developed and sold NowInfinity for $25 million to an ASX-listed company in 2021. She founded Annature, an ISO 27001 certified technology company that builds digital signature, identity verification and payment software used by Qantas and more than 1,500 medium and small businesses in the accounting and financial services and legal, real estate, healthcare, construction, and other industries.

is a mathematical code that conforms to the law to ensure the document to which it is attached cannot be changed after signing.

Digital signatures

The most visible, effective and vital sign of this is eSignatures. If you paste your signature or an image into a document, that is an electronic Here in Australia, signature. It is the accounting valid if it identifies “Digital Signatures the person signing, sector was already are forcing as big a their intention embracing the future and at the change to business and if the person forefront of the receiving it as the arrival of continued digital consents to the the internet.” transformation of eSignature. But it business. is not accepted as legally binding or courtThe solution for many firms was admissible under the Electronic greater and deeper digitisation. Transactions Act. Survival mode. Remote work for staff, tax-related and business A digital signature is something matter access for clients who no else entirely. It provides robust longer wanted or were allowed verification of identity and to turn up at offices to sign provides a cryptographic key in person. Creating a surge in and the standards of Public online lodgements, integrated Key Infrastructure as a way to tax returns, self-populating guarantee that the electronic tax forms, client portals and signature is authentic. If the the transformation of digital content of that message is marketing in a digital world. changed, then the digital signature becomes invalid. It

14 / Issue 30

@AnnatureAU

Only a year or two ago, businesses that had access to eSignatures for their clients and internal use were considered at the leading edge. Now even that is no longer enough. As 2022 dawned, Annature led the pack as Australia’s premier electronic signature provider with a feature-rich platform built on a highly secure blockchain model. Integrating with the leading document management solutions and working seamlessly with existing business tools, such as Xero as a Connected App Partner. Global verification But the eSigning platform of the future is more than eSigning - it has to be capable of identifying, signing and paying in one secure blockchain. In an Australian first, Annature is now integrating a global ID, payment, billing and invoicing verification powered by Stripe into that same workflow.

XU Magazine - the independent magazine for Xero users, by Xero users.


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Articles inside

XERO APP PARTNERS OF THE MONTH

2min
pages 136-137

Updates and new releases from Xero connected apps

4min
pages 138-141

and finally Xero App Launcher

2min
pages 142-144

FOCUS: MENTAL HEALTH

6min
pages 128-131

EVENT Accountex

2min
pages 124-125

CloudPayroll Questions to Ask When Choosing an Online Payroll Provider

4min
pages 126-127

ExpenseOnDemand How disruptive tech solutions are benefitting small business

5min
pages 120-121

EVENTS Accounting Finance Shows

3min
pages 118-119

NEW TO THE XERO MARKETPLACE B2B Wave

2min
pages 112-113

QicWorks Find out why more businesses are moving to QicWorks!

3min
pages 116-117

TUTORIAL ApprovalMax

4min
pages 110-111

UPDATES FROM XERO

10min
pages 104-109

Joiin Cloud finance apps are on the up - The pandemic proved a cloud technology tipping point for many businesses

3min
pages 102-103

HR Partner How to Create a Wellness Program in Your Workplace

5min
pages 96-99

NEW XERO CONNECTED APPS

5min
pages 92-95

CASE STUDY Tidy International

5min
pages 82-83

WorkflowMax 3 business challenges you can help clients conquer

5min
pages 84-85

FuseWorks Digital signing for accountants: When frustration lights a fuse

4min
pages 90-91

Q & A Kolleno

4min
pages 86-87

NEW TO THE XERO MARKETPLACE Comma

4min
pages 78-81

AccountancyManager 10 tips to implementing new software

3min
pages 76-77

INTERVIEW Castaway Forecasting

3min
pages 74-75

Zahara Fundamentals for business finance success in 2022 - An updated guide to the future of finance and automation

5min
pages 72-73

NextMinute Back Costing is Business Fitness

3min
pages 68-71

WorldFirst Find out why every small business accounts team needs an FX risk management strategy

5min
pages 64-65

Spotlight Reporting Selling and Upselling Advisory Services in 3 Steps

4min
pages 58-59

Flagship Reporting Challenges when

3min
pages 66-67

MarketFinance 5 ways that tech is changing accounting

7min
pages 52-57

Annature Digital Signatures and Verified ID - The Secret To Customers And Profits

5min
pages 14-15

Satago Your clients’ least favourite job could actually be a golden ticket

6min
pages 16-19

CASE STUDY ApprovalMax

4min
pages 20-23

AdvanceTrack Outsourcing

8min
pages 36-39

Aider Aider: the Advisory Intelligence Platform for proactive accountants and bookkeepers

5min
pages 40-43

TUTORIAL G-Accon

6min
pages 24-27

INTERVIEW oNesto

5min
pages 34-35

Chaser Chase payments more effectively by supplementing email reminders with text

4min
pages 32-33
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