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 Wavenet 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
Our 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 Wavenet’s error-free digital contract solution
Streamline your Digital Contract Process!
Eliminate the need for printing multiple pages and cumbersome storage binders!
FAQs
How will the contract inititor 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 singer have singed?
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.
How do you integrate the e-Stamping API?
Design integration is easy! Once you receive the link to
the inquiry form, access it and fill in your details.
After this, proceed with the option of integrating
Signzy’s e-Stamping API. Next, provide the documents that
require e-Stamping. The API will verify the details and
continue the process.
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.
How does What happens if the match dfails? Will you terminate the process or ask the singer 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.
