DocuSign Melds Process, Paper, Technology into Management SolutionBy Frank Ohlhorst | Posted 2008-07-31 Email Print
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Most businesses are trapped in a world of paper contracts and authorizations; can DocuSign's updated e-signature solution bring freedom?
There is something about paper contracts. Is it the tangibility, the legality, the simplicity or something else? While many corporate entities are, for lack of a better term, addicted to paper and its legacy requirements, there is still one simple truth—managing and routing paper documents can be an expensive process. What's more, paper often becomes misplaced, lost or routed incorrectly.
DocuSign is aiming to pull paper out of the picture with the latest release of its e-signature solution, DocuSign Solutions for eBusiness. Built on an SAAS (software as a service) model, DocuSign offers a quick way for businesses to move their paper contracts and agreements into the digital world, or, at the very least, track the status of those pieces of paper.
DocuSign is billed as a complete contract execution service, providing document security, transaction workflow, e-signature, data collection and storage services. The product (or more appropriately, service) is aimed at businesses of all sizes. The SAAS implementation of the product makes it suitable for even the smallest of businesses that need to get a handle on paper contracts. The product has been on the market for a while, but with the release of the latest version, DocuSign Professional V2.1, several enhancements have been added that make the service a better fit for a broader selection of businesses.