Olga Elantseva, Financial Director of Auriga LLC,

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This forecast was given by Dmitry Makhlin, partner and development director of Innovations in Personnel Management LLC (HRlink). In his opinion, KEDO has already become the norm for Russian companies. Most large corporations from various industries have already implemented paperless HR services, and second-tier companies have entered the race. Also, KEDO market players note high demand for electronic document management systems for personnel records management from medium and small businesses.

"Using KEDO is an indicator cambodia whatsapp number database of maturity and an important element of a company's attractiveness in the fight for talent. Maintaining personnel records in paper format is now perceived by applicants as a disadvantage and negatively affects candidates' decisions when choosing a place of work. Against the backdrop of an acute shortage of specialists, this additionally stimulates the market - as a result, according to our estimates, it will grow at least twofold in 2024," said Dmitry Makhlin.

believes that this forecast is quite realistic: "I believe that the forecast of doubling the volume of the KEDO market in Russia is quite realistic. It is convenient for both the employee and the HR department. For companies with the possibility of remote KEDO, it helps to reduce the time for processing documents. At the same time, in my opinion, it is commercial companies that will work more actively with electronic document management, since the process of implementing changes in them usually occurs faster than in the public sector."

HR Director of the KORUS Consulting Group of Companies Daria Tsiruleva sees potential for a twofold growth in this market: "The growth rate will be largely determined by the following factors. Firstly, much will depend on whether vendors will be able to improve their products based on current market requirements - for example, to ensure complete transparency in working with unqualified electronic signatures, to build high-quality customer service in terms of timely and effective technical support, etc. Secondly, the regulatory factor may also have a significant impact if the relevant departments adopt a law requiring all public sector companies and government agencies to completely switch to KEDO."

"According to our observations, the forecast for doubling the volume of the KEDO market in Russia is more than realistic. At the end of 2023 and the beginning of 2024, new potential players in the KEDO market began to contact us for a legal analysis of the current legislation of the Russian Federation and assistance in the legal aspects of creating/using KEDO services. Electronic document management services will take into account not only the requirements of the Labor Code of the Russian Federation in terms of interaction with employees, but also the requirements of the Federal Tax Service of Russia for civil law contracts - with the self-employed, for example," believes Svetlana Nemova, Managing Partner of LOIT.

Already by the end of 2023, the number of electronic documents created in the Kontur.KEDO service increased 10 times compared to 2022. At the same time, the consolidated volume of documents created in all SKB Kontur services increased by 26% in 2023. Yulia Popova, head of the HR EDO department at Kontur.Diadoc, estimated the total volume of the Russian KEDO market at the end of 2023 at 1 billion rubles.

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