Unlike conventional paper-based tendering, e-tendering is the process of bidding for tenders online. e-Tendering allows businesses to be more flexible in the process of tendering along with reduced costs and time.
A digital signature is legally obligatory for businesses that are taking part in the e-tendering process. The digital signature must be registered in the name of the person authorized to participate in the e-tendering process on the behalf of the company. Digital signatures make the tendering process more transparent and secure. The usage of digital signatures helps eliminate paperwork like scanning and verifying paper documents.
Benefits of Using Digital Signature for e-Tendering
Here are some of the benefits of using digital signatures for e-tendering:
Businesses must use Class 3 digital signatures which are more secure for bidding for e-tendering. You can get a Class 3 digital signature for e-tendering from a trusted Certifying Authority like eMudhra. eMudhra is India's largest Certifying Authority providing digital signature services with clients across India and the world.