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Let’s first briefly analyze the advantages of electronic contracts compared to paper contracts How does a Bside product manager quickly get started with new business When joining a new company or being responsible for a new business, how can a Bside product manager quickly get started with the new business so that he can enter the work process more smoothly View details> Disadvantages of paper contracts Long signing period Contract signing requires express delivery, which affects the signing efficiency and involves uncontrollable risks High signing costs In addition to contract printing costs and mailing costs, there are also storage and management costs for paper contracts The risk of using seals is high the carrot stamp incident
and the seal theft incident are all manifestations of the risk of Austria WhatsApp Number using seals. Advantages of electronic contracts Short signing period SMS or link is sent directly to the mobile phone of the contracting party, and the contract is signed online in real time Low signing costs Compared with the costs of mailing and paper contract storage, online cloud costs are lower and more efficient Controllable risks Enterprises set up approval processes for different business scenarios and manage risks in a streamlined manner (signatures and seals can be managed, and seal records can be traced). Therefore, electronic contracts solve the problems of effectiveness, compliance and security during the signing process . Allow all signatory parties to connect efficiently, quickly sign
contracts, improve efficiency and reduce costs. What problems does smart contract solve Electronic contract Electronic contracts solve practical problems in the signing process, focusing on efficiency, safety, compliance and legal benefits during signing. The customer group is the signing parties, and the problem of efficiency in contract signing is solved. Smart contract Electronic contracts powered by affairsmanagers and solve the risk compliance and contract management issues of the contract itself before and after signing. What changes has artificial intelligence technology brought to electronic contracts Traditional AI technology represented by OCR and NLP technology electronic contract OCR, optical character recognition Optical character recognition .
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