A South Korean logistic company that recently started to use an electronic document and reporting solution called ‘eformsign’ evaluated the solution by saying that the solution simplified processes in signing a contract and drastically reduced time and cost compared to written contract and that the company was able to maximize work efficiency by connecting the solution to its system through API (application programming interface).
A contact-free electronic contract signing solution called ‘eformsign’ that was released by FORCS (CEO Park Mi-kyung) is drawing huge interest from the market. The solution was even selected as the main service for ‘2021 SMEs Cloud Service Voucher Project’ recently. The solution utilizes documents such as Word or Excel and easily converts various documents such as contracts, applications, and agreements into electronic documents. Besides tasks that simply require electronic signatures, the solution is able to set up document processing in any shape or form through its customized workflow function and is suitable for tasks that may require a complex approval path.
One of many reasons why eformsign is becoming so much popular is its reasonable pricing. FORCS provides different plans according to number of accounts and number of documents created through eformsign and allows freelancers to major companies to use its solution according to their needs. The solution also supports English and Japanese in addition to Korean. The solution also has excellent security features. It is able to verify whether a document is forged or not. It prevents fake electronic signatures and electronic stamps through a timestamp that include every information about the document and audit trail certificate, pen pressure and stroke count of signature, and stamp scan feature that allows actual size of a stamp to be entered.

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<Employees from FORCS are demonstrating a contact-free electronic contract signing service.>

“By linking an existing system to eformsign, a company is able to manage authorized documents created through the solution as electronic documents.” said FORCS. “Companies do not have to input tasks carried out through eformsign into their systems.”
Number of institutions and companies that has started to use the solution has been on a rise. Not only is the solution used by the public sector and the financial industry, it is also used by many hospitals and educational institutions. Recently, it has been used by other various fields such as transportation, manufacturing, distribution, logistics, construction, lodging, restaurants, IT, interior, retail, and shopping malls.
There have been many positive reviews on eformsign. A HR outsourcing company said that the solution provides many different features and that these features can be utilized for many different tasks in addition to tasks related to personnel.
A resort company said that the solution allows safe and easy storage of important documents that have customers’ personal information and efficient contract process.
CEO Park said that eformsign raises efficiency and productivity and is an electronic contract signing service that also provides cost reduction and that her company will provide support for small and medium-sized enterprises so that they can carry out various tasks such as contract, application, and agreement in a simple and safe manner.
Staff Reporter Yun, Daewon | yun1972@etnews.com