Focusing on the hot spots of the two sessions, Ctrip joins hands with France Dabao to build a new "digital cultural tourism" ecosystem -

During the two sessions, promoting the integrated development of digital culture and tourism has become the focus of the public. As the world's leading one-stop travel platform, Ctrip also regards "digital tourism" and "cloud tourism" as the focus of exploration field, accelerate the embrace of digitalization, actively innovate, and create a new ecology for the tourism industry. For Ctrip, digitization is an action that has been explored and planned for a long time. The introduction of electronic contracts is one of them.

In 2017, Ctrip’s Vacation Rental Division took the lead in launching the online electronic contract of Fadda. After successful use, it was promoted to the entire company. Up to now, Ctrip has implemented it in Ctrip Hotels, Ctrip Vacation, Ctrip Car Rental, Ctrip HR, Ctrip OA, Ctrip has realized online signing in six major scenarios, significantly improving signing efficiency and significantly reducing signing costs. Through the product technology and solutions provided by Fada, Ctrip's monthly average number of electronic contract signings has exceeded 80,000.

Previously, Yang Qin, Vice President of Ctrip Group, said: “Advancing with the times has been the driving force for Ctrip to keep moving forward in the past 20 years. Today’s electronic contracts, which represent the trend of digitalization and informatization, are also helping Ctrip. It has effectively helped Ctrip improve its supplier management efficiency and relieve the group's increasing cost pressure."

About Ctrip

Ctrip is the world's leading one-stop travel provider. Platform, founded in 1999, is headquartered in Shanghai, China. The company's platforms provide a complete set of travel products, services and differentiated travel content to global users. Since its establishment, it has been selected into the "Fortune" China's top 500 companies many times. In 2019, it was ranked eighth among the "Future Top 50 Companies" by Fortune magazine. In April 2021, Ctrip was listed on the Hong Kong Stock Exchange.

Pain points of Ctrip paper contract signing

1. Low timeliness: business scenarios are diverse, there are a large number of employees, partners, and suppliers, the demand for signing is large, and offline signing efficiency is low.

2. High cost: The number of paper contracts is huge, and printing, mailing, and management require a lot of manpower, material resources, and economic costs.

3. Difficulty in management: A large number of paper contracts need to be stored and archived, making it difficult to check and retrieve.

4. High risk: Paper contracts are at risk of being lost or damaged during mailing and management.

5. Difficulty in collaboration: multiple businesses are running in parallel, and internal management systems are not smoothly connected.

Fada Electronic Contract Application Scenarios

Currently, six major scenarios including Ctrip Hotels, Ctrip Vacations, Ctrip Car Rental, Ctrip HR, Ctrip OA, and Ctrip Picture Notes have been launched on Fada Electronic contracts to achieve efficient signing with employees, suppliers, and partners.

Proposal Benefits

Efficient signing: Signing is done immediately, no postage is required, and the average signing completion time is reduced from 15 days to 15 minutes.

Cost reduction: The human, material and economic costs of contract signing are all effectively controlled.

Convenient management: The electronic contract can be read, modified and stored in the cloud, which is safe, efficient and convenient.

Security and compliance: Real-name authentication, third-party time retrieval, encryption and anti-tampering and other technologies strictly ensure that the signatory’s identity and intentions are true, and the contract is compliant and valid.

Efficient collaboration: Online signing opens up internal systems and effectively improves collaboration efficiency.

From the initial portability of fake contracts to the current online signing of six major scenarios, Fada electronic contracts have effectively solved the problems of paper contracts that are difficult to manage, easy to lose, have long signing cycles, and have difficulty in providing evidence. The cloud Advantages such as storage, instant delivery, and security compliance make electronic contracts a "rigorous need" for enterprises' digital upgrades.

In addition, as a representative of the global tourism industry and one of the founding members of the Global Sustainable Travel Initiative (Travalyst), Ctrip is committed to promoting the sustainable development and practice of the tourism industry. In addition to practicing the concept of sustainable development in tourism services, Ctrip has also extended it to the fulfillment of social responsibilities.

From the launch of the "Low-Carbon Travel ***Planting Ctrip Forest" campaign in 2010 to the launch of hybrid office in 2022, becoming the first "crab eater" of flexible office in the country, Ctrip has always been on the road to energy conservation. Ctrip is at the forefront of emission reduction and carbon reduction, and the continuous deepening of the application practice of electronic contracts and electronic signatures is undoubtedly a powerful action for Ctrip to implement the "double carbon" goal.