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Why are corporate procurement using electronic contracts?

The use of electronic contracts in procurement contracts must first ensure legal validity. On this basis, electronic contracts have absolute advantages over paper contracts.

Excellent third-party electronic signing platforms can not only ensure the legal validity of electronic contracts, but also provide more comprehensive services in terms of cost savings, convenience, security, and legal services.

Electronic procurement contracts are managed in the cloud through the SaaS system (platform). Electronic contracts can be searched, queried, viewed, classified, downloaded and managed anytime and anywhere through mobile phones, computers, etc., making it easy to retrieve them anywhere. Check the relevant information of the procurement contract and follow up on every link involved in the procurement in a timely manner.

Problems with traditional procurement contracts:

If the procurement process uses paper documents, both parties need to sign face-to-face or by express delivery, which affects the timeliness of the contract. If material price increases are involved in temporary procurement, there will be a time delay in the coordination between the supply and demand parties.

If the contract is sent by express delivery, if the purchase contract is lost during the delivery, a large amount of confidential information will be leaked, which will cause huge losses to both parties.

Information in the procurement process needs to be shared in real time. Paper contracts are used. Information is not transparent and smooth during the operation of the supply chain. It is difficult for participants to understand the real-time progress of transaction matters. Asymmetric information affects The efficiency of the entire chain ultimately affects the smooth collaboration of the entire procurement process.

The storage of paper documents takes up a lot of space, and requires dedicated personnel to be responsible for filing and management, which wastes manpower and material resources and is very inconvenient to use.

Advantages of using a third-party electronic contract platform for procurement contracts

Convenience: using electronic signatures and electronic tender documents to realize electronic bidding; establishing a collaborative work platform to realize automatic business flow, Assist office management; establish a text message service platform to ensure timely delivery of important notices; establish a digital bidding file system to realize automatic archiving of bidding documents; establish a query system to provide self-service query statistical services;

Safety: use Reliable electronic signatures solve the problem of online identity authentication of bidders; use third-party time access and blockchain certificate storage technology to solve the legal validity problem of electronic documents; use electronic bid document encryption and decryption technology to solve the security problem of electronic bidding documents; < /p>

Compliance: The use of electronic contracts to manage bidding is fully in compliance with the "Electronic Signature Law", "Regulations on the Implementation of the Bidding and Bidding Law", "Electronic Bidding and Bidding Measures", and "Internet +" Bidding and Procurement Action Plan (2017-2019)" and other regulations.

The transformation of traditional industries by the Internet has gradually moved from the sales side to the procurement link. More and more domestic and foreign companies have begun to try to adopt Internet-based procurement methods. New procurement is to break the traditional offline procurement model and use a new Internet method to complete the procurement end of the enterprise.

Electronic procurement contracts are managed in the cloud through the SaaS system (platform). Electronic contracts can be searched, queried, viewed, classified, downloaded and managed anytime and anywhere through mobile phones, computers, etc., making it easy to retrieve them anywhere. Check the relevant information of the procurement contract and follow up on every link involved in the procurement in a timely manner.

In short, electronic contracts have entered various scenarios in various fields. Whether it is the Internet industry or traditional industries, electronic contracts must be the inevitable development of the signing model in the digital era.