eSign Document for Procurement Online
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Grasping online procurement with airSlate SignNow
In the current digital landscape, executing procurement online has turned into a requirement for effectiveness and dependability. AirSlate SignNow provides a strong solution that streamlines the process of signing and managing papers, simplifying workflow maintenance for businesses. This guide will lead you through the procedures to utilize airSlate SignNow for your document signing requirements.
Procedure to engage in online procurement with airSlate SignNow
- Navigate to the airSlate SignNow website using your chosen browser.
- Set up an account for a complimentary trial or log into your current account.
- Choose the document you intend to upload for signing or to send to others for their signatures.
- If you plan to utilize the document on multiple occasions, transform it into a template for subsequent use.
- Access your uploaded document and carry out necessary adjustments: this may entail adding fillable fields or including extra information.
- Sign the document and assign signature fields for the involved recipients.
- Conclude the setup by clicking Continue to send an eSignature request.
By employing airSlate SignNow, businesses can efficiently optimize their eSignature workflows. The platform's intuitive interface and comprehensive features provide remarkable value for its price, enabling companies to enhance their return on investment. With no concealed fees or additional costs, and 24/7 support for all paid subscriptions, airSlate SignNow is designed for small to medium-sized enterprises seeking a dependable solution.
Commence your journey with airSlate SignNow today to enhance your document management and eSigning experience!
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Scales with your use cases. From SMBs to mid-market, airSlate SignNow delivers results for businesses of all sizes.
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Intuitive UI and API. Sign and send documents from your apps in minutes.
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FAQs
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What is airSlate SignNow and how does it support procurement online?
airSlate SignNow is a digital solution that allows businesses to send and eSign documents securely. With its user-friendly interface, airSlate SignNow streamlines procurement online by automating documentation processes, thus saving time and reducing errors.
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How much does airSlate SignNow cost for procurement online use?
airSlate SignNow offers flexible pricing plans to suit a variety of business needs. Whether you're a small business or a large enterprise, you can choose a plan that optimizes your procurement online processes without breaking the bank.
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What features does airSlate SignNow provide for procurement online?
airSlate SignNow features include document templates, real-time collaboration, and advanced security measures. These tools facilitate efficient procurement online, enabling teams to complete signing processes swiftly and securely.
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Can airSlate SignNow integrate with other software for procurement online?
Yes, airSlate SignNow seamlessly integrates with various productivity and business applications. This capability enhances your procurement online operations by allowing you to sync documents and automate workflows between different platforms.
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How does eSigning improve procurement online?
eSigning improves procurement online by speeding up the approval process and reducing paperwork. With airSlate SignNow, you can obtain signatures electronically, which simplifies tracking and archiving, resulting in a more efficient workflow.
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Is airSlate SignNow secure for managing procurement online?
Absolutely. airSlate SignNow employs robust encryption and security protocols to ensure that all your documents are safe. This is particularly important for procurement online, where sensitive information needs to be protected.
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What benefits can I expect from using airSlate SignNow for procurement online?
Using airSlate SignNow for procurement online offers signNow benefits such as decreased turnaround times and enhanced collaboration. Businesses can expect streamlined processes that lead to improved productivity and cost savings.
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Is electronic signature legally binding in India?
Yes, e-signatures are legally valid in India. In fact, e-signatures have been recognized by the Indian law, with the passage of the Information Technology Act in year 2000.As per the IT Act, two types of signatures have the same legal status as handwritten signatures. These primarily include:(i) Digital Signatures: In this case, the signer is issued a long-term (1 to 2 year) certificate based digital ID stored on a USB token that can be used along with a personal PIN to sign a document.Note: Previously, the signer was issued a long-term (1 to 2 year) certificate based digital ID stored on a USB token that could be used along with a personal PIN to sign a document digitally. Now with Aadhaar, that complicated procedure isn’t required anymore. You can simply use signNow’s Aadhaar eSign to create a digital signature on the fly using your Aadhaar ID(ii) Electronic signatures: These electronic signatures combine Aadhaar identity number with an electronic Know-Your-Customer (eKYC) method (which includes sending an One-Time-Passcode to the mobile number linked to the Aadhaar card for verification)These Aadhaar based e-signatures and digital signatures are valid as long as they satisfy these conditions:(i) Electronic signatures must be uniquely linked to the person signing the document. (in the case of Aadhaar based signatures, they are linked by the unique Aadhaar ID)(ii) At the time if signing, the signatory must have control over the data used to generate the electronic signature (for eg: they should be able to directly affix the electronic signature to the document)(iii) There should be an audit trail of the steps taken during the signing the process(iv) In the case of digital signatures, signer certificates must be issued by signNowing Authority recognized by the Controller of signNowing Authorities appointed under the IT Act.Few of the exceptional cases in which documents cannot be signed electronically and must be executed using traditional handwritten signatures include:(i) Negotiable instruments such as a bill of exchange or a promissory note(ii) Powers of attorney(iii) Trust deeds(iv) Wills and any other testamentary disposition(v) Real-estate contracts such as leases or sales agreements.If you are looking to get legally compliant electronic signatures on contracts, invoices, quotes etc., try signNow, India’s first Aadhaar eSign solution that offers a complete fill-and-sign functionality with business workflows. Thus allowing users to finish their documents in one go.Here’s an informative ebook that will give you a brief overview of everything you need to know about electronic signature laws in some of the largest economies around the world: The Complete Guide to Electronic Signature Laws
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What are the types and usages of the digital signature certificate (DSC)?
Click here for Digital SignatureTYPES OF DSCBased on the level of validation, DSC is issued in three classes. Class I only validates the email address of the user. You may not be required to provide any documents for this.Such DSCs are used by employers while communicating with employees on email. With a Class II DSC, the certificate may be validated by the signNowing authority or its representative. You will have to provide identity and address proof. These are used for e-filing income tax returns.A Class III DSC is issued directly by the signNowing authority and indicates a higher level of authenticity. To get a Class III DSC, you have to be personally present in front of the signNowing authority, along with identity and address proofs.Such DSCs are used to participate in e-tendering or e-auctions organized by governments or public sector companies. These can also be used for e-filing tax returns.What are different types/classes of Digital Signature Certificate (DSC)?Different classes of DSC are:Class-IClass-IIClass-IIIIncrement in Class is for security reasons and each class of DSC have different usage. Class-I is most basic form digital id and it not used in any of government service.Class-II is most used DSC and it is used for signing documents, filing IT returns, filing MCA forms and GST returns.Class-III is used to tenders and is costly than Class-II DSC.Class of Digital Signature Certificate (DSC) for Income Tax FilingFor filing income tax returns, tax audit reports you need Class-II Digital Signature Certificate (DSC).Income Tax website accepts Class-II DSC and you can buy a valid Class-II certificate to file your IT returns or any other form such as Form 15CA.Class of Digital Signature Certificate (DSC) for GSTYou need Class-II DSC to file GST returns. GST website allows Class-II DSC for registration, returns and authentication.
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Is it a good side business to import stuff on Alibaba and sell it on eBay/Amazon?
I feel qualified to answer this question. I began selling on Ebay in 2004 and on amazon around 2007–2008. In the beginning the mark ups were great. I had products costing 8£ and selling at £119.99. The competition was less than today. The RMB to the £ was also around 15.5. Now we getting around 8.6rmb to the £. The wages have since doubled, warehousing and shipping costs have risen as well as the cost of the goods. I don't sell that product anymore due to import restrictions but if I did it would now cost me £17 and would sell for around £39.99.The market is now saturated and I would say it is much harder to start a online business now than 8 years ago. The restrictions now are far greater than before. And it is easy to get a item pulled down from Ebay or Amazon.I now have a turnover of around 100,000 - 120,000 £ a month from online sales. But each year we are increasing our sales but profit is just remaining steady due to the competition and fall of currency.My advantages are I'm now living in China so I'm working direct with factories, can get credit arrangements with the factories and can ship containers much easier than if I was in the UK.To point out some kind of maths in a sale - if you sell a product at £9.99 maybe the goods have cost you £2 shipped to the UK , the VAT is £1.66, the delivery is £1.95, 15% amazon selling charge which is £1.50 , Amazon advertisement fees, amazon monthly subscription seller charge and you can see there is little left at the end of the transaction and I have to factor in packing materials, wages, rent, business rates, tax, national insurance, accountant fees etc. And then allow for returns, refunds and also when customers say they have not received as Amazon and Ebay are heavily in favour of the buyer and usually they will be granted their claim.Its purely about numbers. I can do up to 1000 packages a day which gives me the cheaper postage service with courier services, my bulk buying gives me a cheaper price than someone who is starting out and because I'm consolidating my goods and shipping in my own containers I can bring the shipping prices down.In todays market it is not as simple as just buying from Alibaba and then selling and making easy money. This is a tough game and it is very common for us to sell a product at a loss until we are top of our category and then raise the price. So we may lose a few hundred pounds doing this in order to see the returns later.So in answer to your question it is possible but it has to be on a high volume model in order to make any real money.
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What is the difference between Aadhar card, NPR(National Population Register) card / Multi Purpose Identity Card?
Aadhaar does not distribute a "card" in the classical definition of a card. It is rather a 12 digit number that is provided against your biometric data "after" the same has been reduplicated. This means that the number is unique and associated with you and you alone. The Aadhaar number on its own does NOT provide any rights, citizenship or guarantees. It only assures that this is unique and belongs to you and you alone.The NPR - or National Population Register is a database of Indian Nationals - that uses the biometric reduplicated number of Aadhaar and provides one with a place in the National Population Register i.e. Indian National status.The Multipurpose National Identity card - will be a smart card that will be issued to all people who are in the National Population Register i.e. Indian Nationals.
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What is Zoho.com?
Zoho is a web-based online office suite containing word processing, spreadsheets, presentations, databases, note-taking, wikis, web conferencing, customer relationship management (CRM), project management, invoicing, and other applications developed by ZOHO Corporation (formerly AdventNet Inc.), a California-based company. It was launched in 2005 with a web-based word processor. Additional products such as spreadsheets and presentations, were incorporated later into Zoho. Zoho applications are distributed as software as a service (SaaS).Zoho uses an open application programming interface for its Writer, Sheet, Show, Creator, Meeting, and Planner products. It also has plugins into Microsoft Word and Excel, an Apache OpenOffice plugin, and a plugin for Firefox.Zoho Sites is an online, drag and drop website builder. It provides web hosting, unlimited storage, bandwidth and web pages. Features also include an array of website templates and mobile websites. Create, Edit, Share and Collaborate and e-Sign documents online with Zoho Writer.Zoho Creator is a low-code platform to create custom web and mobile apps. It employs a drag-and-drop builder to create forms, reports, dashboards, and workflows—the basics of any app—and can be used to manage data, automate business process, and more.Zoho CRM is a customer relationship management application with features like procurement, inventory, and some accounting functions from the realm of ERP. The free version is limited to 10 users.In October 2009, Zoho integrated some of their applications with the Google Apps online suite. This enabled users to sign into both suites under one login. Zoho and Google still remain separate, competing companies.Source: Zoho Office Suite - Wikipedia
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What is a class 3 digital signature?
A Class 3 Digital Signature is generated using a Class 3 Digital Signature Certificate. A Class 3 Digital Signature Certificate is issued by a signNowing Authority (CA) after thorough verification of the user’s identity and therefore provides higher level of assurance to the relying party (generally the receiver of such digitally signed document). In India, to obtain a Class 3 DSC, one needs to personally appear before the CA.
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Where can we use class 2 and class 3 digital signature certificates?
Click here for Digital Signature CertificateDigital signature certificates or DSC are required for filing income tax returns, company filings, import export clearance and e-tenders.A Digital Signature is the equivalent of a physical signature in electronic format, as it establishes the identity of the sender of an electronic document in the Internet. Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company or LLP Incorporation, Filing Annual Return, E-Tenders, etc., There are three types of Digital Signatures, Class I, Class II and Class III Digital Signature. Class I type of Digital Signatures are only used for securing email communication. Class II type of Digital Signatures are used for Company or LLP Incorporation, IT Return E-Filing, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and Income Tax Department. Class III type Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions. Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically.With E-Return filing becoming mandatory for Income Tax Assesses with an income of over Rs.5 lakhs per annum, the requirement and prevalence of Digital Signatures has increased manifold. IndiaFilings can help you obtain your Digital Signature hassle-free online. IndiaFilings is a Registered Partner of SIFY and E-Mudhra.Class II Digital Signatures are used for Income Tax E-Filing, Company or LLP Incorporation, Annual Return Filing, etc., Class II Digital Signatures are required to file documents electronically with the Ministry of Corporate Affairs and Income Tax Department.Difference between Class 2 and Class 3 Digital Signature CertificatesIn this day and age of technology, physical signatures are increasingly being converted to digital media for security reasons. Digital Signature Certificates, (DSC) are simply the electronic equivalent of physical or paper certificates such as identity proofs, driver�s licenses, passports or PAN cards. These certificates can prove to be helpful for many online transactions that require digital proof of identities and to receive and send information on the web safely.Organizations and firms, today require digital signature certificate to better facilitate communication and transactions between them and the Ministry of Corporate Affairs. For companies that have a turnover of more than INR 60 Lakhs have to apply for these certifications mandatorily, and it is considered a legally admissible instrument. Besides, it is always wise to get a digital signature as it offers a high level of security for online transactions by ensuring absolute privacy of the information exchanged. These certificates can also be useful for encrypting information that only the intended recipient can have access to. You can digitally sign information to assure the recipient that it has not been changed in transit, and also verify your identity as the sender of the message.There are two main types of Digital Signature Certificates � Class 2 Certificates and Class 3 Digital Signature Certificate. A Class 2 Digital Signature Certificate is used by individuals and is available for download after verification based on a trusted and pre-verified database. A Class 3 Digital Signature Certificate, on the other hand, is of the highest level as it is issued only after the registrant�s identity verification has been carried out by a Registration Authority.Class 2 Digital Signature Certificates are generally used for filing documents Income Tax, Registrar of Companies and VAT, whereas Class 3 Digital Signature Certificates are needed for e-tendering, which is a procurement process that is conducted online. The aspects where this comes into play include: � Contract download� Evaluation of tenders (May or may not involve e-auctions)� Supplier registration/expression of interest� Submission of bid documentThe Ministry of Company Affairs, Government of India (GoI) has initiated MCA21 program, for easy and secure access to its services in a manner that best suits the businesses and citizens. The MCA21 application is designed to support Class 2 & 3 Digital Signature Certificates (DSC) issued by licensed signNowing Authority under Controller of signNowing Authorities.
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What is the difference between class 2 and class 2B digital signature?
Class 2 Digital Signature Certificate can be issued to individual or an authorized individual on the behalf of any organization. Class 2 Digital Signature Certificate is available for download after verification based on a trusted and pre-verified databaseWhereas Class 2B Digital signature certificates are issued to Organization for various purposes. Class 2B digital signatures for organization is personal certificate that provides second highest level of assurance within the RCAI hierarchy setup by CCA (Controller of signNowing Authorities) in India which is mainly used for e tender filing, E Procurement, E Bidding, Bank Auction and Document Signing.
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What are the major pros and cons of E-tendering in India?
e-Tendering dsc System (or Electronic Tendering System) facilitates the complete tendering processfrom the advertising of the requirement through to the placing of the contract? This includes the exchange of all relevant documents in electronic format.Nowadays, large organizations usually have to handle multiple procurement needs by applying different kinds of information systems developed by various suppliers. Such process will become inevitably long and cumbersome in conventional e-tendering systems when the categories of products are not well sorted out.WHY E-TENDERING?Manual tender processes can be long and cumbersome, often taking three months or longer, which is costly for both buyer and supplier organizations.Tender Tailor, an e-Tendering dsc System (or Electronic Tendering System) developed by Software Tailor, replace these manual paper-based tender processes with electronically facilitated processes based on best tendering practices to save time and money.Buyers are able to manage the tenders coming in, with all tenders stored in one place. Buyers can cut and paste data from the electronic tender documents for easy comparison in a spreadsheet. Evaluation tools can provide automation of this comparison process.Tender Tailor e-Tendering dsc System offers an opportunity for automating most of the tendering process: from help with preparing the tender specification; advertising; tender aggregation; to the evaluation and placing of the contract.Digital Signature Certificate for E Tender :Class 3 dsc – the digital signature certificate with encryption is the best working product for e tendering.Class 3 dsc sign with encryption is highly secure and reliable for state – central e tender process.Few of government brand like ONCG – Indian Railway – Iffco etc mainly needed class 3 digital signature for e tendering.How to Buy Class 3 digital signature certificate for e tendering on low-cost price –Buy online e tender digital signature certificate with The Biz solution services. Click on below link and process your order.E tender digital signature – you will get it at your home with free shipping in 3 days.2 digital signature products available for e tendering – choose yourBuy Online Digital Signature for e tendering -E tender Digital Signature Certificate Individual With Encryption Lowest PriceE tender Digital Signature Certificate Organization with Encryption Lowest PriceRead Full article : click on below linkhttps://www.thebizsolution.in/e-...
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