Although electronic contract services have made it possible to go paperless and eliminate the use of seals, are there still many cumbersome contract procedures that remain?

HULFT problem-solving solutions | For legal affairs

Although electronic contract services have been introduced...
There are still remaining pre- and post-electronic contract processes, such as approval workflows and ledger entries.

Electronic contracts have now become the standard method of contracting between companies.
According to the "Corporate IT Utilization Trends Survey" published by the Japan Information Technology Promotion Association (JIPDEC), the percentage of companies using electronic contracts has increased to 73.9% (survey conducted in January 2023).

Introducing an electronic contract service has many benefits for employees, such as shortening the lead time until contract conclusion and enabling them to work from home.
However, behind this convenience, many people say that legal departments and contract managers still have to deal with the following tedious tasks:

Three remaining tedious tasks

1) Manual linking from the workflow system to the electronic contract service
After workflow approval, contracts are manually sent to the electronic contract service.

2) Saving the concluded contract data to the company's internal server and updating the management ledger
Due to company policy, data cannot be stored on the cloud, so data must be saved manually to the company's server. In addition, data must be manually entered into the management ledger for employee viewing for each contract.

3) Workflow system status update
After a contract is completed, the status of the workflow system is updated manually every time.

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The key to the solution!
Easily automate complex tasks with no-code/low-code!

By utilizing an ETL tool *, you can easily automate the complicated tasks mentioned in the previous section using no-code/low-code methods.

Here are some benefits of automating with an ETL tool!

  • Promoting in-house development as it can be achieved with no-code/low-code
  • Achieve automation without modifying each distributed system
  • It supports integration with various systems, making it easy to switch to other electronic contract services.

Automation points based on business flow!

Automation brings the following benefits!

  • Reduction of work hours
  • Reducing human error
  • No dependency on individual work, making handover easy
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