Document management and electronic signature in an online contract service

Abstract

In this paper, we present a Web-hosted contract service application that enables small and medium-size businesses to execute and manage contracts entirely online, such as the merging several documents to form an electronic contract and the superimposing of users' signing information as a watermark in a signed contract, eliminating the need to work with paper documents. This application has found to improve substantially the efficiency, and at the same time eliminates the potential for human error and security breaches in the performance of electronic contract management and processing tasks.