EN 
Technology plays an essential role in our lives by optimizing manual tasks and reducing bureaucracy. The signing of contracts and other documents fits into this context, with the use of digital signatures becoming increasingly common and providing savings in time and resources for companies.
In the context of consortium administrators, which deal daily with numerous sales, payment, and transfer processes and documents, having access to digital signature capabilities is highly useful.
Just imagine a contract with a new customer. To sign it in the traditional way, it is necessary to print the document, sign all copies, initial every page, go to a notary office to authenticate the signatures, and then store the document, taking up physical space within the company.
Digital signatures make it possible to eliminate this entire process. Below, we explain how digital signatures work and list three main benefits for consortium administrators.
Digital signature: how does it work?
A digital signature works like a conventional signature, but it is performed virtually, eliminating the need for paper and pen. It corresponds to a code agreed upon between the sender and the recipient that certifies the validity of a declaration made virtually.
In other words, a digital signature has the same purpose and validity as a traditional signature—that is, to provide that person’s approval of what is stated in the signed document—but it does so entirely electronically.
It is therefore a secure and legal way to sign digital documents from anywhere, at any time, without the need for printing or travel.
3 benefits of digital signatures for administrators
In general, digital signatures simplify and modernize the process of proposing and accepting terms expressed in online documents.
In addition, with the digitalization process underway across various sectors of society, the use of digital signatures becomes even more attractive, as it follows a global trend toward faster, more practical processes with less bureaucracy.
- Practicality
In the context of consortium administrators, operational convenience is an essential attribute, as they are part of a market that continues to grow. In April 2026, the Consortium System reached 12.94 million active participants, a new historical record and an 11.6% increase compared to the same month in 2025, according to the Brazilian Association of Consortium Administrators (ABAC).
Given the increase in demand, digital signatures become a fundamental resource for ensuring convenience in closing new contracts, which directly impacts the quality of service provided to consortium members.
- Agility
Another benefit of digital signatures that impacts the consortium member experience is speed when compared to traditional signatures. After all, everything is done online, without the need for travel.
Another point is that digital signatures also make the administrator’s internal processes faster. There is no need to wait for signatures from each party to authorize an activity. Everything is done online and stored in the cloud, allowing authorized users to access it from anywhere.
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Savings
The customer experience should be at the center of decision-making, which makes digital signatures an excellent resource. However, the savings that this tool provides to administrators are another major differentiator.
By using digital signatures, it is possible to reduce expenses related to document printing and transportation. There will be lower costs for paper, printing ink, energy, file folders, and other office supplies.
Complete and dynamic workflow
With technology, administrators can close new contracts digitally and with legal validity. The system can also be used by insurance companies, banks, brokerage firms, and other companies, entities, and financial institutions.
The major differentiator of Evertec’s solution is its complete workflow for managing digital and electronic signature processes: it includes document storage, distribution, consultation, and management.
With the technology, administrators send the document to the signatories, who complete the digital or electronic execution using a computer or mobile phone. After signing, a protocol is generated with full legal validity. Together with the audit trail, the document is available for future back-office consultations. Finally, all signatories receive a copy of the document.
It is important to highlight that adding technology and digitalization to the consortium sector, as is the case with digital signatures, means meeting the needs of an audience that wants greater convenience and less bureaucracy in its processes. Administrators that know how to adapt to these new demands will increasingly lead the segment.
Count on Evertec to help you through this digital signature process. Learn about our consortium solutions and contact one of our consultants today!
