1. A computer-implemented process of accepting electronic signature from user that is personalized using formatting options, the process comprising: using a computing device to perform the steps of: capturing signature text from user which are formatted using formatting options, wherein signature text comprise user name, user initials, user identifier, user pin or any other text assigned or sent to user that identifies the user, and wherein the formatting options comprise Font, Font Size, Font Color, Shading, Font Style, Font Effects, Font Underline, and character effects; sending formatting instructions to the user to format signature text; comparing the captured formatted signature text against system generated formatted signature text using same formatting options that user is instructed to use; flagging the captured electronic signature as valid if match occurs and marking the user action as electronically signed, flagging the captured electronic signature as invalid and rejecting it to mark as signed if match doesn't occur; alerting the user via alert communication methods chosen by the user including email, text message, voice message, voice call, SMS, audible alarm, or visual clues; and logging the user action, process steps and its outcome.