It appeared to me this morning after signing two reseller agreements in under 5 minutes from start to finish, just how dramatically efficient Digital Contracts are.
Maltix.co.uk has been promoting a number of Digital Contract platforms for three years.
Although the principle is well defined under regulation.
Implementing Digital Contracts has been a mind set issue based on reticence, especially with the Legal profession.
With the massive interruption by Covid 19 , Digital Contracts are now enjoying legal adoption for the first time.
So does the Contract then get printed off and stored in a dusty back room somewhere ? well actually no.
Contracts are stored within the ultra secure data house adopted by the Digital Contracts provider, that’s good enough security for every bank in the world these days.
The Notary or Lawyer can then add it to their own Data House storage system like Drop Box for additional replicated safe storage.
The Legal Profession like any business is feeling the heat of the downturn, and efficiency savings are determining their competitiveness in a crowded industry.
So with the removal of paper contracts other streamlining opportunities are manifesting particularly a CRM system.
Dramatic knock on staff savings potential enabling the Legal profession to focus on competitiveness for future business.
When combined with automatic Form Page integration on the website, the digital circle is complete and directly connects the clients legal contracts on their mobile phone.