AI review This is a service in which AI automatically performs a document review (legal check) by uploading the relevant contract documents into the system. It eliminates the ne to assign a person with specializ knowlge, which leads to a ruction in work time and human resources. In the finance and insurance industry, the spread of electronic contract services is progressing. If electronic contracts are introduc, non-face-to-face contract procures can be realiz, and customer satisfaction can be expect to improve. Electronic contracts offer advantages for both customers and financial institutions.
In this article we will explain
In detail why the financial industry should introduce electronic contracts, what can be achiev by introducing electronic China Email List contracts, and the safety of electronic contracts.In the past, contracts were sign on paper. On the other hand, electronic contracts have appear with the spread of the Internet. In general, electronic contracts are exchang by applying an electronic signature to a contract that has been convert to electronic data by an electronic contract service and affixing a time stamp to prevent falsification. The legal effect of electronic signatures is recogniz in Article 3 of the Electronic.
Signature Law enforc in and electronic
Contracts with electronic signatures have sufficient evidence as contracts. Electronic contracts, which allow you to quickly exchange contracts with non-face-to-face and distant customers, can be expect to be effective not only in responding to SG Phone List telework, which has become establish due to the new coronavirus, but also in promoting the DX transformation of companies. 2. Reasons why the financial industry should introduce electronic contracts According to JIPDEC research, 71.0% of companies in the financial and insurance industries use some form of electronic contract. This is one of the highest utilization rates in Japan, along with industries such as information and communications and manufacturing. [Note 1] Why is electronic contract spreading in the financial industry.