Fintech APIs
Digital Contracting API
Signzy’s Digital Contracting API Streamline your contract management and eliminate operational bottlenecks.
Leveraging cutting-edge AI technology and stringent security protocols, our solution transforms the traditional, paper-intensive contracting process into a seamless digital experience. With our Digital Contracting API, in-person meetings & physical paperwork become a thing of the past, giving you the freedom to focus on what matters most—your business.
How Does Digital Contracting API Work?
- The client generates a contract in PDF format, incorporating all required parameters.
- This PDF contract is then fed into the Signzy Contracting System.
- The system responds by creating unique URLs for each individual who needs to sign the contract.
- These URLs are forwarded to the end customers for digital signing.
- Upon execution, the Signzy Contracting System produces a fully-signed PDF, complete with essential metadata and an audit trail.
Use Cases of the API
USPs of the API
Customize & eSign complex contracts in minutes!
AI-driven decision engine & Instant access from anywhere!
No coding required – Automate burdensome tasks efficiently!
Benefits
Easy to Use
The cutting-edge Digital Contracting API meticulously optimized to deliver the finest user experience in the realm of digital contracts
Stops Fraudsters
With prime precision, our API will detect fraudsters who try to manipulate the contracting process with fake credentials. We will ensure your safety
Reliable Regulatory Compliance
When it comes to digital contracts, our API diligently adheres to regulatory requirements, ensuring full compliance
Paperless and Enhanced UX
Experience seamless and paperless automation of contracting with Signzy’s error-free digital contract solution
Streamline your Digital Contract Process!
Eliminate the need for printing multiple pages and cumbersome storage binders!
FAQ
How will the contract initiator know the completion of the full signing process of the e-contract?
The contract initiator will get the details of the final signed contract in the customer callback URL after everyone involved in the e-signing process completes the signing of the e-contract successfully.
Are Digital Contracts or E-contacts legally valid in India?
According to Section 10 of the Indian Contract Act, an agreement is a valid contract if made freely, lawfully, and by competent parties.
Also, Section 10(A) of the IT Act (2000) states – “Where in a contract formation, the communication of proposals, the acceptance of proposals, the revocation of proposals and acceptances, as the case may be, are expressed in electronic form or by means of an electronic record, such contract shall not be deemed to be unenforceable solely on the ground that such electronic form or means was used for that purpose.”
So, Digital Contracts/E-contacts or Electronic Contacts are legally valid.
What happens if the contract is deleted?
All the contract URLs are deleted from the Signzy system, irrespective of whether the contract is signed or unsigned, and that contract ID will become invalid.
What is the functionality of Delete Signer?
When a particular signer fails to sign the contract multiple times, then the failure transaction details will be posted into the signer callback URL. Based on the failure transaction details, the contract initiator can delete the particular signer using the delete signer API. Once the e-signer is deleted from the system, its URL will expire. Afterward, an email will be triggered to the next signer to sign the e-contract from their end.
Why is the e-contract status still pending even after all the signers have signed?
This could be due to the following reason :
- Too many signers and digital signatures are involved, and the generation of an audit trail takes time. Eventually, the e-contract status will be completed.
- Our server might be down for maintenance at odd times, and the finished contracts are in queue for processing. When it is up, the e-contract status gets updated with all the info.
Does the contracting work asynchronously?
Yes. Multiple parties can sign independently on the same agreement at different times. But this time can be limited. If not required, then the entire process can be synchronized.
What happens if the match fails? Will you terminate the process or ask the signer to start again?
If the match fails, there is an option to delete the e-signer and the digital signature. We can then proceed with the contracting flow with the rest of the signers involved.
