The digital economy has become a new driving force to promote the high-quality development of China's national economy. As a sharp tool for reducing costs, increasing efficiency, and ensuring safety in the digital transformation of enterprises, electronic contracting has broad application prospects. To this end, we have studied the domestic mainstream electronic contract signing platforms and made an in-depth analysis and comparison. In addition, we have introduced some common sense, hoping to help you in your selection.
An electronic contract signing system generally refers to a system that has the functions of party identity authentication, contract electronic signature, contract storage and call, etc. to realize online conclusion of electronic contracts and processing information in accordance with the regulations of the Ministry of Commerce, and an electronic contract conclusion system.
Electronic signature software companies participating in this evaluation and analysis include : eSignature , Fada, Contract Lock, Shangshangsign, Agile Aichi Star, Beijing Anzhengtong, Anxinsignature, Tencent Electronic Signature, and Electronic Signature.
1. Analysis of Top 10 Domestic Electronic Contract Signing Platforms
The 10 electronic signature software selected in this inventory are all well-known enterprises in the domestic electronic signature field. The results of this evaluation are based on public and comprehensive analysis of Baidu Index, App downloads, professional reports (such as IDC reports, iResearch, iiMedia Consulting), official website information, etc. Absolutely objective! !
1. Brand awareness and market share analysis
In the evaluation of brand awareness and market share, e-Signature takes the lead in all publicly available channels, such as Baidu Index, App downloads, professional reports (IDC report/iResearch/aiMedia), etc.! !
No search index means that the search volume is very low. If you don’t know what the Baidu index is, you can refer to the official introduction of the Baidu index: index.baidu.com. In short, it represents the popularity of netizens on a certain keyword .
2. Comparative evaluation of 10 electronic contract signing platforms
After comparative analysis, e-Signature and Fada are the two leading electronic signature service providers with relatively comprehensive product capabilities in China, and e-Signature is recommended for comprehensive prices.
2. What are the electronic contract signing platforms?
e sign treasure
Status: According to Baidu Index, App downloads, IDC reports, iResearch, iiMedia, etc., it is the earliest established, largest market share, and most well-known provider of electronic signature management solutions in China.
Services: Provide full-field, full-lifecycle solutions for enterprises, government affairs, and individuals.
Features: It can be connected with mainstream OA, ERP, and CRM products.
Disadvantages: At present, there are no special shortcomings, and the advantages in security and government affairs are obvious.
Official website: https://www.esign.cn/
Fa Da Da
Status: Founded in 2014, D-round financing, Tencent led the investment in 2021, an electronic contract management SaaS software provider second only to e-signature in popularity and share.
Features: Standardized contract full-process services and legal services; cooperation with enterprise WeChat, mainstream CRM, and SAP.
Disadvantages: The product is complex; the performance and stability of the product cannot meet some business needs; the price is too high.
Official website: https://www.fadada.com/
contract lock
Status: Founded in 2015, with B-round financing, the current market share ranks among the top five. Focus on providing medium and large organizations with digital trustworthy basic solutions integrating "digital identity, electronic signature, seal control and data storage".
Features: Complete functions, providing contract life cycle management; rich application cases in colleges and universities; seamless integration of OA, ERP, CRM, HRM, BPM, SRM and other business software.
Disadvantages: high price; strong binding with pan-micro business system; young team, low market share
Official website: https://www.qiyuesuo.com/
sign on
Status: Founded in 2014, the latest C-round financing was in 2018. The investors are Jingwei China, DCM, Shunwei, etc., and its market share ranks among the top 5.
Product: Electronic contract full life cycle intelligent management service. The main target clients are large enterprises.
Features: rich in human resources and medical cases; SaaS products have better functions.
Disadvantages: Insufficient localization capabilities; the business has fallen behind in recent years and has withdrawn from the first echelon; high-level shocks, core personnel resigned
Official website: https://www.bestsign.cn/
Agile Aichi Star
Status: Established in 2003, listed on the NEEQ, mainly serving the government.
Products: Software products include electronic signatures, electronic contracts, full-process paperless products, and AI audit products.
Disadvantages: It is not very Internet-friendly, and its online popularity is very low.
Official website: http://www.agilestarcn.com/
Beijing Anzhengtong
Status: Established in 2013, one of the earliest developers specializing in electronic seal management systems and various electronic signature software. It mainly provides electronic contract services for governments and enterprises.
Features: It occupies 80% of the market share in the survey and design industry electronic signature market.
Disadvantages: The product does not have an App
Official website: https://www.esa2000.com/
Sign with peace of mind
Status: Established in 2016, under the CFCA China Financial Certification Center, it is invincible in the financial field.
Products: mainly provide electronic signature services for the financial sector.
Disadvantages: Don't consider small and medium-sized enterprises and individuals
Official website: https://www.anxinsign.com/
Tencent electronic signature
Status: Founded in 2021, it provides contract management services for Internet companies, completes contract drafting, contract signing and post-signing management in one stop, and meets the needs of the entire industry and multi-scenario contract signing and management.
Features: Produced by big factories. 2C personal use scenarios are mainly used, such as small IOUs, small contracts, and small receipts.
Disadvantages: the establishment time is too short.
Official website: https://qian.tencent.com/
electronic lead
Status: Founded in 2020, ByteDance's massive engine incubation.
Products: Provide a one-stop electronic contract signing management platform for enterprises and individuals.
Features: Deep integration with Feishu, open API; current mainstream customers are MCN agencies, advertising, and digital media industries.
Disadvantages: mainly for small and medium-sized enterprises, and the launch time is too short.
Official website: https://www.letsign.com/
3. Frequently Asked Questions About Electronic Contract Signing
1. What is an electronic contract?
According to the relevant provisions of the "Model Law on Electronic Commerce" and "The Civil Code of the People's Republic of China", an electronic contract is an agreement between two or more parties to establish, change, and terminate a property civil rights and obligations relationship reached electronically through an electronic information network.
2. What are the advantages of electronic contracts?
1) Online signing, high efficiency
The electronic contract passes the online identity authentication, uploads the contract text, and after generating the electronic signature, the contract can be signed online. The signature and seal are instant, which can well reduce the possibility of regret during the contract signing process. Maximize the transaction and improve the efficiency of contract signing.
2) Low signing cost
Compared with the traditional signing of contracts in different places, which need to be signed and stamped by mail, electronic contracts do not need to be mailed paper text, only need to upload the contract text, and there is no mailing fee for signing the contract, and even printing, binding and other related costs can be saved. Go, greatly reducing the cost in the contract signing process. Especially for the signing of contracts with overseas customers, it has high practical value.
3) Contract management is simple, low cost and easy to check
From the perspective of contract management, after the electronic contract is signed, it can be downloaded and saved by the signer, and it can also be saved online by the electronic contract signing platform. Of course, we can also choose to save it in the system of the corresponding notary office, which corresponds to Data storage and classification, so it is easier and more convenient to store electronic data online. Electronic data sorting and classification tools can be used to classify and manage electronic contracts, avoiding errors caused by manual classification operations. At the same time, based on The classification management of the electronic system solves the problems of online retrieval and consultation, and the management and consultation of online electronic contracts are more advantageous than traditional contract management. Electronic contracts do not require a site, let alone dedicated personnel for storage and management, so the cost of management and storage can be greatly reduced.
4) Electronic signatures and seals are used to automatically leave marks, which is easy to manage
The seals involved in electronic contract signing are generated online, each online use will automatically generate a corresponding signing log, and use the time stamp to form a corresponding unchangeable operation log for the signing time, content, operator and other operational details , this technical means of automatically leaving traces has greatly reduced the risk of private use of the official seal by the official seal manager. It is also supported by sufficient evidence to hold him accountable.
3. What kind of enterprises are suitable for electronic contracts?
According to the advantages of electronic contracts, it is especially suitable for companies with the following characteristics, and it is recommended to consider adopting electronic contracts:
●The law expressly requires or encourages the use of electronic contracts in industries (such as e-commerce industry, etc.)
●Companies that sign a large number of contracts in different places every year
●Companies with frequent online transactions and online business
●Companies with strong risk control and legal awareness
●Companies with small profit margins and high cost control requirements
●The competition is fierce, and the company must respond very quickly
4. Is the law of electronic contracts recognized by the country?
admittedly. The earliest electronic signatures appeared in China in 2001, and the "Electronic Signature Law of the People's Republic of China" was implemented in 2005, which established the legal effect of electronic signatures. Afterwards, the "Administrative Measures for Electronic Authentication Service Passwords", "Certificate Authentication System Password and its Relevant Security Technical Specifications" and "Electronic Contract Online Formation Process Specifications" have further improved the specifications for the application of electronic signatures.
5. How to make an electronic official seal? What is a Digital Certificate Authority?
The electronic official seal must be issued by a CA institution. Digital certificate certification authority (English: Certificate Authority, abbreviated as CA), also known as e-commerce certification center, e-commerce certification authority, is an authority responsible for issuing and managing digital certificates, and acts as a trusted authority in e-commerce transactions. The third party is responsible for the legality verification of the public key in the public key system.
6. What are real-name authentication and CA authentication?
In the process of signing an electronic contract, real-name authentication and CA authentication are generally required.
Real-name authentication is the core link of electronic contract signing. Electronic contracts with real-name authentication facilitate the smooth progress of evidence collection when disputes occur, making the identity information of contract signatories authentic and credible.
"Real-name authentication + identity verification" guarantees the exclusive right and control of electronic signatures, and is a necessary condition for reliable electronic signatures. Real-name authentication requires a huge citizen or enterprise information database as support information, which must be queried through official data channels. Official websites such as the Ministry of Public Security allow companies to call official API interfaces in their identity authentication systems to obtain identity information authentication results.
7. How to charge for the electronic contract management system?
Generally, the fee is charged according to the number of contracts. Each contract of the personal version is 6.5-8 yuan, and each contract of the enterprise version is 5.5-6.5 yuan. The following is the fee package of e-sign treasure:
8. Where can I check the electronic contract?
Electronic contracts can be queried on the purchased electronic contract signing platform. General service providers provide management solutions, and you can download and manage them yourself.
9. How to judge whether the electronic contract management system is reliable?
Because of the legal nature of electronic contracts, it is necessary to choose a safe and compliant service provider. All of the domestic service providers introduced in this article, especially the top service providers such as e-signature, are recognized by the state as regular large institutions. If you are interested, you can contact us. Request a free trial: