What is Contract360 Platform?

introduction the contract360 platform of signzy offers comprehensive tools for streamlining your contract processes in a digital environment within this platform, you gain the ability to perform a variety of tasks, such as generating contracts for digital signatures using customizable templates and tailored customer information simplifying the digital signing process through efficient and secure esignature workflows these workflows are fully compliant with regulations such as aadhaar esign (india) carrying out digital stamping across major states in india, supporting estamps via shcil and aligning with indian states that utilize e gras systems integration of nesl dde for the effective management of digital loan contracts in india for res (regulated entities) enabling organization based digital signing , allowing authorized signatories of indian organizations to digitally sign documents programmatically what is a digital contract? a digital contract , also known as an electronic contract, is a legally binding agreement between parties that is created, signed, and stored in digital format unlike traditional paper contracts, digital contracts are formed and executed electronically, often using digital signatures or other forms of secure authentication digital contracts hold the same legal validity as their paper counterparts, as long as they fulfill the legal requirements for contract formation and are stored in a manner that ensures their integrity and authenticity over time what is digital signing? digital signing , also referred to as electronic signing, is a method of adding a secure and verifiable electronic signature to a digital document or contract digital signing enhances security and authenticity in the digital realm, serving as a virtual equivalent of a handwritten signature on paper documents it ensures that the signed document has not been altered since the signature was applied and helps establish a legally binding agreement between parties what is digital stamping? digital stamping , also known as electronic stamping or e stamping, is a method used to electronically validate and authenticate documents, often for legal or financial purposes similar to traditional paper stamps that provide evidence of payment or approval, digital stamping involves imprinting a unique digital mark or code onto a document to indicate that a specified fee or duty has been paid this process helps verify the document's legality, origin, and compliance with relevant regulations digital stamping is commonly used for various transactions, such as property agreements, contracts, and financial instruments, ensuring transparency and reducing the risk of fraudulent or unauthorized activities use cases loan contracts? digital lending? merchant onboarding? savings account opening form? demat account opening form? whatever your needs, we have you covered we will help you reduce your gtm (go to market) and improve efficiency and what’s even better? it offers complete customization and caters to various products, each designed to meet specific use case scenarios loan agreements personal loans financial institutions can use digital contracts to offer personal loans to individuals borrowers can complete the application process online, provide necessary documentation electronically, and sign the loan agreement digitally, expediting the approval and disbursal process business loans for businesses seeking financing, digital contracts enable streamlined loan application and approval processes borrowers can submit financial documents and business plans electronically, allowing lenders to assess the application efficiently and execute the loan agreement digitally home loans homebuyers can benefit from digital contracts by submitting mortgage applications and required documentation online lenders can review the application, execute the mortgage agreement digitally, and provide a seamless experience for borrowers demat accounts brokerage firms and financial institutions can use digital contracting to facilitate the opening of demat accounts for investors investors can complete the necessary forms online, provide identification documents electronically, and sign the account opening agreement digitally, making the process more efficient merchant onboarding digital contracting simplifies the onboarding of merchants onto payment processing platforms merchants can submit business details, financial information, and compliance documents online, expediting the approval process and allowing for quicker integration with payment gateways savings accounts opening banks can offer customers the convenience of opening savings accounts through digital channels customers can fill out application forms online, submit identification documents electronically, and digitally sign the account opening agreement, reducing the need for in person visits current account opening digital contracting benefits businesses by allowing them to open current accounts online companies can provide business documents, identification details, and sign the account opening agreement digitally, streamlining the process in the case of corporate accounts, digital contracting enables multiple authorized signatories to sign the account opening agreement electronically, even if they are located in different places digital contracting offers significant advantages across these use cases, including faster processing, reduced administrative burdens, improved accuracy, and enhanced customer experiences