In the automotive industry, contract signing is a very important link, involving cooperation and transactions between multiple parties such as suppliers, manufacturers, dealers, and customers. Online signing of business contracts is a key part of the digital upgrade of the automotive industry. The recent Digital Intelligence Transformation Summit of the Automotive Industry released the "Digital Intelligence of Contracts in the Automotive Industry", hereinafter referred to as the "Digital Intelligence of Automotive Contracts", which shows that in the process of digital transformation, the establishment of a professional and intelligent electronic contract management system can improve the efficiency and accuracy of contract management, solve the challenges of system data access and inter-system collaboration, and reduce compliance and legal risks, which is of great significance for the promotion of digital transformation and internal management of enterprises.
According to iiMedia Consulting data, the size of China's electronic contract market in 2022 will be 21.7 billion yuan, a year-on-year increase of 42%. At present, the overall market penetration rate of domestic electronic signing is around 5%, and as the industry as a whole enters the fast lane of development, the scale of China's electronic signing market will continue to rise, and it is expected to reach 48.7 billion yuan in 2025.
The reporter learned that electronic signing has been applied to a certain extent in the automotive industry, such as new energy car companies Tesla, Xiaopeng, ideal, etc., traditional car companies such as SAIC, Dongfeng Motor, BAIC, FAW, etc., parts manufacturers such as Nexteer, Clarios and other enterprises, have launched electronic signing functions in different business sectors.
** pointed out that enterprises need to create and maintain a good ecosystem, and rely on ecological cooperation to open up the digital business connection with upstream and downstream enterprises, build service docking between car companies, dealers, service providers and users, and create a scalable digital system. This is conducive to the integration of extensive and scattered data assets by various enterprises in the automotive industry, initiating agile improvements through precise matching, forming a data-driven business portfolio, establishing their own digital "moat", and strengthening their core competitiveness. Electronic signing can run through multiple application scenarios to accelerate production capacity recovery and product circulation.
The person in charge of the Electronic Contracting Manufacturers Law said that in terms of production, electronic signing can meet the online closed-loop needs of OEMs for business links such as business management, inquiry procurement, bidding procurement, electronic bidding, and agreement procurement. In terms of circulation, electronic signing can help enterprises form an online closed-loop for business links such as business management, transportation agreements, and arrival confirmation. In terms of sales, electronic signing can be seamlessly integrated with the business system of automobile 4S stores, so that customers, sales and after-sales personnel can complete service businesses such as appointment test drives, new car sales, after-sales repair and maintenance, and second-hand cars. In terms of internal management, the electronic signature is seamlessly integrated with the enterprise EHR system or OA system, which can realize the full life cycle management of the contract and the approval management of internal documents.
*: China ** News Author: Mu Qingfeng.