Signa2.0 is a project that establishes a knowledge base that allows the company to offer solutions related to digital transformation by creating new solutions to market needs. Through the development of technological tools (electronic signature, machine learning, OCR, smartcontracts and blockchain solutions) for contractual automation and within the framework of the Project it is intended to solve the problems related to document and contractual management related to the expenses of time, consumables and human resources in any hiring process.
With the traditional paper way, the contractual processes have a longer duration and require a series of administrative-type jobs that make more complicate to manage within an organization regardless of its size. With the solutions developed it is intended to optimize the entire contracting process, automating and adding a security bonus.
The potential impact that these tools can have for the management of the contractual process and document management makes the solution establish the appropriate basis in the contractual field to optimize the creation, management and execution processes. With these solutions it is intended to achieve an automation of the execution of the contract and the registration of the related data to allow the storage of the internal procedures of the user and, through data analysis, obtain greater knowledge of their contracts.
Within the framework of the implementation of solutions related to the trust services of the eIDAS Regulation, blockchain solutions, smartcontracts, Machine Learning and OCR it can be concluded that the benefits can be apart from tangible cost savings, avoiding shipments, or reducing the consumption of ink or paper:
- Avoid displacements and save time in the signature processes
- The digital archive of signed documents.
- An optimization of the document management process thanks to storage in digital format.
- Offer greater security in the signature processes since there is more evidence throughout the signing process.
- Optimization and automation of contract execution processes and, therefore, those related to customer service.
- Greater reliability and reduction of risks in the execution and interpretation of contracts.
- Increased knowledge of the needs and habits in the signature processes of the clients and prediction of needs and trends.
- Classification of documents according to their typology.
The Signa 2.0 main objectives are provide QES, official timestamp and eDelivery services, the development of a commercial Smart Contract, development of an Optical Character Recognition of European Ids and development of Machine Learning within a single contract and document management platform that reaches the entire contraction process of a company.
