I discovered an interesting blog post about enterprise contract management automation this morning, discussing how the contract execution process gets overlooked when organizations consider automating contracts.

According to Ken Miklos, some organizations that have implemented contract management solutions still print paper contracts and use wet signatures. I admit I agree with Miklos when he calls this inefficient and costly.

According to Xerox research:

…by 2010, 53 trillion pages will be printed worldwide (including graphic arts applications as well as transactional printing). That’s trillion with a capital T.


Why should you consider electronic signature and online contract execution?

The benefits of an electronic signatures and electronic contract execution process:

  1. Reducing costs,
  2. Accelerating the contract negotiation cycle,
  3. Improving the security of executed contract documents,
  4. Improving contract visibility and control,
  5. Playing into green initiatives given the paperless nature of the combined electronic signature/online contract execution solution.

The bloggers at Supply Excellence, a supply management and technology blog, show they really get what we’re doing at DocuSign. Ultimately, we want to help our customers realize a high ROI, accelerate their business and address their risk mitigation issues. Not only are we building the tools to do that, we have forums to solicit your feedback and answer your questions.

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