DocuSign
Simplifying Lives, Accelerating Businesses

For long, businesses have benefitted from onpremises or delivered-as-a-service contract lifecycle management (CLM) solutions to simplify the life cycle of every contractual agreement—from discovery, uploading to extraction phase. However, the field of contract management is filled with obstacles that prevent an organisation from achieving operational efficiency. Though some of those impediments may be trivial, others are grinding profits and diminishing the chances for sustainable operation. Limitations of conventional contract management have brought forth several issues like missed deadlines, compliance and regulations violations, overlooked renewal dates and renegotiation terms, complication in finding and retrieving contracts, and liability of errors due to paper-based processing of contracts. Besides, organisations are unable to witness how complex outsourcing agreements were written in the past or view how a certain clause was written across different divisions without a central base of contracts. It takes a prodigious amount of staff resources for businesses to create, edit and finalise contracts. Organisations also face difficulty in organising, managing, and updating their numerous contracts. As such, these organisations need an expert who brings in a market-defining vision of how CLM technology can be leveraged to achieve business objectives for compliance management and elimination of process bottlenecks. DocuSign is one such market leader. When it comes to solving challenges related to contracting, DocuSign is moving the needle in the CLM space by accelerating the process of doing business and simplifying people’s lives.

With more than 17 years of industry experience, DocuSign helps organisations connect and automate how they prepare, sign, act on, and manage agreements. The company has also been on a mission to accelerate business and simplify life for organisations and people around the world.

Being the pioneer in the development of eSignature technology, DocuSign offers this technology to more than 500,000 customers and hundreds of millions of users across the world to sign electronically on almost any device, from approximately anywhere, at any time. “Expanding and strengthening our world-class board of directors is an important element of DocuSign's overall strategy, especially as we become an increasingly essential software cloud for customers of all sizes, verticals and geographies,” asserts Dan Springer, CEO of DocuSign. Alongside, the DocuSign Agreement Cloud^™ platform has 350+ prebuilt integrations with popular business apps. In addition, the API allows embedding and connecting DocuSign with customers’ websites, mobile apps, and custom workflows.
With an extensive background in contract management, electronic signature, Contract Lifecycle Management (CLM), contract analysis, and other domains, DocuSign brings insight and expertise to deliver successful contract management across organisations. It is also worth mentioning that the DocuSign Agreement Cloud^™ platform offered by the company, digitally transforms how organisations do business via contracts and other types of agreements.

Going the extra mile, DocuSign renders three distinct products to enhance the contract management system, which includes DocuSign eSignature, DocuSign CLM, and DocuSign Insight. When it comes to DocuSign eSignature, it enables signing at any time, on a wide variety of devices. This also benefits organisations to easily upload and send documents for signing as well as check signing status to send reminders in order to keep things moving forward. By leveraging DocuSign eSignature, organisations can execute electronic agreements that include a court-admissible audit trail. Through DocuSign CLM, customers can buy time and minimise errors by automating the overall contract lifecycle with document generation, collaboration, workflow, and a central agreement repository. In parallel, this helps in creating and generating agreements with pre-populated information from other systems. Similarly, DocuSign CLM not only makes it is easy to review and approve agreements with stakeholders; it also collaborates and negotiates with external parties via redlining and commenting. This also integrates with Salesforce and other systems of record. By utilising DocuSign Insight, the customers can certainly understand their agreements with AI-powered contract analytics to accelerate review, identify risks, and uncover hidden opportunities.

The value proposition of the company can be best explained through a customer success story, wherein one of the most eminent brands in the world, Unilever collaborated with DocuSign to digitally transform procurement contracting. Before joining hands with DocuSign, Unilever got its agreements done with a mix of office applications, email, printing, scanning, faxing, and phone follow-ups. With respect to the scale and global shape of Unilever, the cost and time to do this work were significant. Using DocuSign CLM, Unilever was able to improve speed throughout the contracting process for spend portfolios that were formerly not integrated into the contract management workflow.

With a global presence, DocuSign takes immense pride in partnering with some of the renowned names in the business world and have these companies as loyal customers.