Enabling digital signature of a credit agreement at the point of sale

The digitalization of the contracts concluded will improve the data quality of the contracts and the internal database and establish a more conclusive type of signature (QES – qualified electronic signature). This generally leads to a reversal of the burden of proof towards the signatory. Full digitalization also reduces the human effort required for post-processing and archiving contracts and their GDPR-compliant archiving, because they are destroyed fully automatically at the end of the retention period. In addition, the digitalization of the credit agreement's letter of intent will also realize the customer's expectations of modern contracting.