Wakayama Prefecture Starts Using CloudSign®︎ for the Implementation of an e-Contract Service

　Bengo4.com (Minato-ku, Tokyo; Taichiro Motoe, Representative Director, President, and CEO; hereinafter, “the Company”) announces that Wakayama Prefecture (Governor: Shuhei Kishimoto) has implemented its contract management platform CloudSign®︎.

　Besides, CloudSign®︎ has an implementation share of 70%*1 among municipalities across Japan and continues to promote contract digitalization as the servicer that is the most popular*1 among provincial municipalities.

*1: Comparison based on in-house survey of the number of municipalities deciding on implementation following a value contract from information on public solicitations, tenders and proposals released by municipalities nationwide. As of January 1, 2025.

　Wakayama Prefecture decided to start operating an e-contract service using CloudSign®︎ from February 2025. Implementation of this service will enable the digitization of contract procedures for more than 3,000 businesses*2, improving operational efficiency.

*2: Based on the total number of businesses in the prefecture that are qualified to participate in competitive tenders relating to the procurement of goods or the provision of services by Wakayama Prefecture or that are qualified to participate in construction-related tenders by Wakayama Prefecture (as of December 1, 2024).

　CloudSign®︎ is being implemented with the aim of digitizing all contract procedures that were previously paper-based and in-person processes, optimizing business operations and accelerating digital transformation initiatives. The digitization of contract procedures that were previously paper-based is expected to improve convenience for prefecture residents and government officials while businesses that use the e-service will also benefit from more efficient contract procedures and lower costs.

■ Statement from Wakayama Prefecture

　With the establishment of the Wakayama Prefectural Government Office DX Promotion Headquarters in April 2022, Wakayama Prefecture started to fully implement DX initiatives for a shift towards full digital government. As part of this, the prefecture will implement a cloud-based e-contract system from Monday, February 24, 2025. Through the digitization of most contracts, we intend to further accelerate the digitization of all organizations. Going forward, we will continue actively working to improve services for prefecture residents and increase the efficiency of government services through the use of digital technologies.”

■ CloudSign®︎ plan for municipalities: 　https://www.cloudsign.jp/government/

■ About CloudSign®︎: 　https://www.cloudsign.jp/

　CloudSign®︎ is a contract management platform that enables digitization of everything from contract execution to management and AI review. The electronic signatures and timestamps are compliant with the Act on Electronic Signatures and Certification Business, ensuring smooth and secure contract execution. CloudSign®︎ also began offering Japan’s first ever MY NUMBER Card signature capability as part of its general-purpose contracting service in 2023. The platform also shortens the time required for the entire contracting process through the active adoption of AI technology including an AI contract management capability and an AI-powered contract review service, CloudSign®︎ Review. CloudSign®︎ has become the No. 1 service in the electronic contract market*3, and is widely adopted by companies and local governments.

*3: Market share in “New Markets of Software Business 2024” (2023 result of e-contract tools) by Fuji Chimera Research Institute, Inc.