Why is the retail industry also using electronic contracts?

An excellent third-party electronic signing platform can not only ensure the legal effect of electronic contracts, but also provide more comprehensive services in many aspects such as cost saving, convenience, security and legal services.

For new retail, the application of electronic contract mainly has the following advantages:

1, paperless office, optimize process and improve efficiency.

Data show that the average cost of a traditional paper contract plus printing, logistics, management and other links needs 25 yuan, plus round-trip logistics express delivery, which takes at least 2-5 days. Third-party electronic contracts, generally less than 5 yuan, can be signed online in 3 seconds. Greatly optimized the contract signing process, saved the operating cost of the enterprise and improved the work efficiency.

In the past, offline retail has always been a "burden" in signing contracts. In the new retail era, the use of electronic contract platform can empower enterprises in many aspects such as supply chain and channel management.

2, risk control, put an end to the radish chapter hidden dangers.

The advantages of electronic contract are nothing more than the advantages of cost and efficiency. However, in the increasingly developing Internet era, the more important significance of electronic contract is that it provides effective contract guarantee for countless online transactions. Due to historical and legislative reasons, the effective contract guarantee of online transactions in the past was vacant. Once an enterprise has an online transaction dispute, it will face many difficulties, such as difficulty in safeguarding rights and proof.

The contract management of new retail enterprises involves multiple rights and responsibilities. Convenient, secure and compliant electronic contracts can help enterprises achieve a more standardized signing process. A secure and compliant electronic contract can ensure the authenticity of the signer, the validity of the signature behavior, the tamper resistance of the electronic signature and the tamper resistance of the electronic document. When signing a contract with a reliable electronic signature, there is no hidden danger of radish stamp, and there will be no problems such as unknown identity of the signer or inconsistent signature behavior. In short, electronic contracts are more secure than paper contracts.

3. Evidence preservation

With the help of hash algorithm, the electronic contract platform will effectively solidify the file content through blockchain technology and PDF technology after signing. The signing subject and signing time cannot be tampered with, and online verification of contract authenticity is also supported. At the same time, Ubisoft's electronic contract platform supports computer download and storage or encrypted storage and backup in public cloud, which not only avoids the loss of the contract and is beneficial to management, but also legally fixes the signing time, electronic signature and electronic contract as evidence, which has strong probative force and is easy for judges to adopt.

In short, electronic contracts have entered various fields, whether it is the Internet industry or traditional industries, and they are all sharp tools for digital transformation and cost reduction and efficiency improvement of enterprises.