DocuSign introduces cloud-based offering to automate business agreements

Following a successful year as a public company, DocuSign is broadening its horizons and expanding beyond e-signatures and is setting its sights on a potential addressable market, which DocuSign estimates is worth upwards of $50 billion worldwide.

DocuSign has launched a new category and suite of over a dozen cloud-based solutions and over 350 integrations and apps to help businesses automate how they prepare, sign, act on and manage contracts and other types of agreements.

“We defined the original e-signature category. Now we are doing it again, only bigger, with the category of agreement clouds,” declared Dan Springer, chief executive officer at DocuSign. “Our customers want us to modernise their entire systems of agreement—what happens before, during, and after the signature—and that’s exactly what the DocuSign Agreement Cloud is designed to do.”

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Today, most small businesses and large enterprises still rely on an inefficient mess of manual processes and office technologies like printing, scanning, emailing and faxing that are often inconsistent between departments.

DocuSign state that their new suite of solutions which includes industry-specific products for finance, healthcare and retailers, will allow organisations to do business faster with less risk and lower costs.

“We are happy to see DocuSign expanding its presence on AppExchange with DocuSign Gen for Salesforce—powered by Lightning,” said Mike Wolff, SVP, ISV Sales, Salesforce. “Gen will provide salespeople with an exciting new way to automatically generate agreements.”

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“As a manufacturer of specialised opening glass wall systems, it’s critical for us to send out quotes as quickly as possible. With DocuSign Gen for Salesforce, we’ve seen how we can significantly reduce time spent on manual data entry, allowing us to win deals faster. And compared with other document generation solutions I’ve used in the past, DocuSign Gen for Salesforce is so much simpler to manage and use,” said Joe Rapolla, sales & marketing operations manager, NanaWall Systems.

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Andrew Ross

As a reporter with Information Age, Andrew Ross writes articles for technology leaders; helping them manage business critical issues both for today and in the future