Are Overnight Delivery Companies Next on the Bailout Roster???

 I thoroughly enjoy finding little 'gems of blogs' on the net - especially when the content crosses over into the business arena DocuSign is a leading player in. Being a pretty new and innovative technology, we're leveraging every opportunity possible to communicate about a technology that frankly kicks butt! So imagine the smile that came across my face when I found the following blog post on Seeking Alpha discussing the U.S. bailout programs and the overnight delivery sector.

The post communicates, “Thankfully, bailouts haven't been extended to the overnight delivery sector yet. Deutsche Post, the parent company of DHL, announced that it was shutting down its US delivery operations and cutting 9,500 jobs. After several years of trying to boost its market share, DHL decided that the continued costs of operating their delivery infrastructure did not justify the benefits of having 4% market share. While no one ever likes to see job cuts, in a world when we can easily fax or email documents, how many national overnight carriers do we need? ”

I wholeheartedly agree and can expand on that sentiment by adding that eventually we'll also be asking ourselves the value of fax and email as a reliable and secure way to 'ship' documents, especially sensitive and legally-binding ones. The answer is in technology like DocuSign. Now companies can literally save millions of dollars in overnight shipping expense with the use of electronic signature and online contract execution services like DocuSign. And besides the TREMENDOUS cost savings, companies can complete deals light years faster than traditional shipping and mailing process...meaning in hours and minutes versus days and weeks. Completed documents also come back error-free and archived for easy retrieval and review. And perhaps most important, leveraging this technology like DocuSign keeps companies environmentally responsible because it eliminates the need to use paper, faxes and/or fuel required for shipping and mailing.