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Digital Signing Trends in Sweden
In Sweden, only 39 percent of companies utilize digital signing for agreements, a recent survey by Visma Sign reveals. This statistic is surprising considering Sweden’s reputation as one of the world’s most digitized nations.
Aarni Honkaniemi, Visma Sign’s product director, believes that digital signing usage will surge, citing its safety and flexibility compared to traditional paper contracts. Although digital signing has been legally approved in Sweden since 2000, adoption rates remain lower than in neighboring Norway and Finland, where 55 percent of companies embrace this technology.
The COVID-19 pandemic accelerated digital signing adoption in Norway and Finland due to stringent lockdown measures, forcing companies to transition from paper to digital contracts. However, Swedish companies, less affected by lockdown restrictions, maintained traditional practices.
Honkaniemi anticipates a gradual shift towards digital agreements and signing in Sweden due to their efficiency and security benefits. Digital agreements offer enhanced security features, including identity verification and integrity checks, surpassing the reliability of traditional paper contracts.
Digital signing not only saves time but also facilitates remote transactions, enabling seamless collaboration across different geographical locations. Honkaniemi emphasizes the ease of adopting digital contract management, highlighting its cultural maturity and legislative support in Sweden.
Visma Sign remains optimistic about the market’s growth, anticipating increased adoption among Swedish companies as they recognize the benefits of digital signing in modern business operations.