eContracts

eContracts are digital agreements created, signed, and stored electronically. They automate traditional contract processes using online platforms, often including secure signatures, document sharing, and tracking changes. This electronic approach increases efficiency, reduces paper use, and allows parties to manage contracts remotely. eContracts are legally binding, provided they meet relevant legal standards, just like paper contracts. They are widely used in business transactions, employment agreements, and service arrangements to streamline negotiations and ensure secure, transparent, and accessible contractual relationships.