Small Firms Quickest on IRS 4506-T E-Signing
One vendor in a partnership that has been gearing up to offer industry clients access to the electronic signatures the Internal Revenue Service began allowing this week is finding those with smaller operations are moving the fastest.
Smaller mortgage brokers and bankers have been the most “agile,” said Veri-Tax senior director of product management Maria Kirgan, whose verification and fraud management company offers the e-signature function in through a partnership with Adobe and its EchoSign platform.
“That’s what we’re finding,” she said, noting that the companies provide the capability in such a way that it can “turn customers off and on,” with the latter done after clients go through a contract process. Clients can also use separate e-signature vendors if they choose.
She said in a recent interview that the companies have been able to bring on board “a handful” of clients for the 4506-T e-signatures this week and has had about 10 inquiries a week about them in the weeks leading up to this one.
“We’ve always had a lot of interest,” Kirgan said. “There have always been clients chomping at the bit.”