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July 5, 2019

3 Tips on When to Seal the Deal

It’s 1.30pm on Friday afternoon. You’re desperate to send out a batch of agreements for signing.

But first, stop. Think again. Do NOT press Send!

We looked at the last 100,000 business documents signed using Legalesign and the data shows this is the worst possible time to do so.

Here are 3 tips to get your timing right:

Tip 1. The response on Mondays and Fridays is the slowest in the week.

Tip 2. Only a small minority sign documents between 1-2 pm.

These are some of the findings we discovered from our analysis and sharing this data with you will enable your company to work faster, smarter and more efficiently.

We constantly gather data to support the needs of your company, to provide added value and help you achieve the quickest results with ease.

We see every day how more smart businesses and organisations are successfully using Legalesign, with a swift 53 per cent of documents signed within three hours.

Our figures speak for themselves: 72 per cent of documents were signed within 24 hours and 83 per cent were returned within three days. Only 8 per cent of recipients failed to reply within a week.

So when is the best time to press that Send button?

Tip 3. Our data shows the highest signing activity peaks for deals and agreements is between 2pm–3pm on Wednesdays.

While Tuesdays to Thursdays are also very active, the click rate is substantially lower on Mondays and Fridays. And don’t forget to enjoy your lunch hour.

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