[Case Study of Electronic Contract Service] Nankai Electric Railway Co., Ltd.

Achieved annual cost savings of 1 million yen through the digitization of contracts with group companies! The appeal lies in the domestically produced data center and detailed authority management.

We would like to introduce the case study of the electronic contract service "WAN-Sign" implemented at Nankai Electric Railway Co., Ltd., which engages in railway operations, development-related activities, and ancillary businesses. The background for the implementation was the launch of an electronic contract introduction project aimed at business reform and cost reduction, necessitating the need to streamline the contract operations that frequently occur within the group. After the implementation, the electronic conversion of monetary loan contracts led to a reduction in previously incurred expenses such as stamp duty and labor costs, achieving approximately 1 million yen in annual cost savings. Additionally, the minutes of board meetings were also digitized, and efforts are being made to further digitize contracts. 【Effects of Implementation】 ■ Successfully achieved annual cost savings of about 1 million yen through the digitization of monetary loan contracts. ■ Digitized contracts and purchase orders, leading to a reduction in administrative burden. ■ Reduced overall group expenses by approximately 2 to 3 million yen annually. *For more details, please download the PDF or feel free to contact us.

Electronic documents