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Is it reliable for companies to use electronic signatures to sign contracts? What are the benefits?

When enterprises use electronic contracts, the first thing they need to consider is the legal validity of the electronic contract. On the premise of ensuring the legal validity of the electronic contract, the most important purpose is naturally to reduce costs and improve work efficiency:

1. Improve the efficiency of contract signing

A major feature of online signing of electronic contracts is that it is convenient and efficient. When there is an Internet connection, users can quickly sign electronic contracts through PC, APP, WeChat, Alipay and other channels, eliminating the cumbersome process of traditional offline paper contract interviews or express signing.

2. Save operating costs for enterprises

Electronic contract editing, signing, management, and storage are all completed online, eliminating the consumption of paper contract printing materials, as well as manpower and logistics , warehousing and other types of costs, which can help enterprises significantly save contract management and operating costs.

3. Ensure the security of electronic contract storage

Electronic contracts are transmitted in encrypted form and stored in the cloud, which can effectively ensure the legality and integrity of electronic contracts. Take the Fada Electronic Signing Platform as an example. The Fada Electronic Contract uses encryption technology and blockchain certification technology to ensure that the electronic contract is not tampered with during the storage process and has zero data loss. The electronic contract’s signing time, signature The digital fingerprint information of electronic contracts such as the subject and file hash values ??will be broadcast to the respective nodes of all members of the "Legal Chain". Once all information is stored, no party can tamper with it, fully meeting the requirements for judicial storage of electronic evidence.

4. Third-party electronic signing platforms are more credible

Imagine that as a party to a contract, an enterprise is both the signatory and the custodian of the contract, which will inevitably lead to suspicion and doubt. Authenticity of electronic contract data. As a neutral third party, the third-party electronic signing platform does not intervene in any contract content itself, which can ensure the security and authenticity of the data, and the evidence provided is more credible. At the same time, the use of a third-party electronic signing platform also complies with the requirements of laws and regulations.

5. Third-party electronic signing platforms can provide complete legal services

In addition to providing electronic contract signing, contract editing, contract management and other functions, third-party electronic signing platforms also have the ability to With evidence technology, when a dispute arises between the parties to the contract, the third-party electronic signing platform can also provide a complete chain of evidence to ensure the legitimate rights and interests of both parties to the contract dispute. Taking the Fada electronic contracting platform as an example, Fada can provide users with legal services such as legal consultation, evidence deposit and issuance, judicial appraisal, and online arbitration to help users resolve contract disputes efficiently.

Electronic signing is a new online signing method based on Internet technology. The introduction of a third-party electronic signing platform not only helps enterprises sign and manage contracts efficiently, but also improves the third-party electronic signing platform. Legal services and brand awareness can also play a role in promoting the digital transformation of enterprises and establishing a good corporate image.