Advantages and Disadvantages of Digitizing Contract Operations from Paper to Electronic | paperlogic

By digitizing contract operations, you can reduce many costs, including stamp duty and mailing fees.
◆ Four Benefits of Electronic Contracts
- Cost reduction for printing, stamp duty, mailing fees, and original document storage
- Improved business efficiency through system-based sending and stamping
- Prevention of tampering with timestamps
- Enhanced document searchability
【Many Benefits for the Other Party as Well!】
- Both parties can confirm that the document has not been tampered with
- No worry about losing the original paper documents
- Increased operational efficiency due to the absence of mailing and binding hassles
- Quick contract conclusion through email or system verification
◆ Disadvantages of Electronic Contracts
- Costs for implementing and operating the service
- Need to ensure that business partners understand electronic transactions
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