Nippon Steel Solutions Co., Ltd. (NSSOL) announced on the 14th that it has started offering the enterprise electronic transaction platform “CONTRACT CROSS” in April. CONTRACT CROSS is a solution that promotes comprehensive digitalization of inter-company transactions, including electronic contracts, and realizes control and optimization of the entire business process. It eliminates the fragmentation of the electronic contract environment, such as when a company can use its own electronic contract system for ordering, but is forced to use the system specified by the trading partner for receiving orders, and enables control and automation of the entire inter-company transaction.
As a control and automation function optimized for the enterprise environment, it provides authority/role management and workflow control to realize unified business processes across the organization. Seamless integration with existing core systems (ERP, SCM, etc.) promotes automation of transaction operations. It also realizes smooth inter-company transactions and integration of the electronic contract environment. With conventional electronic contract services (CONTRACTHUB), even if using the same service, multiple accounts had to be used for each transaction with different companies, which made management complicated.
Also Read: NTT Unveils AI Chip for Real-Time 4K Video Processing
However, with CONTRACT CROSS, companies can participate in a common platform, enabling smooth electronic transactions with all business partners and centralized management of transaction documents. In addition, it is equipped with handwritten signature and one-time user functions to enable the expansion of electronicization, and can also be used in areas where electronicization has not progressed until now. It promotes the electronicization of operations that required physical face-to-face processes and accelerates the promotion of DX. Through the provision of CONTRACT CROSS, NSSOL aims to accelerate the digitalization of all inter-company transactions, improve business efficiency and strengthen compliance, and thereby contribute to strengthening corporate competitiveness and promoting sustainable DX.
SOURCE: Yahoo