DocuSign Electronic Signature News from Real Estate, Credit Unions, Mortgage Lending & Technology

Did you know that this month has been a busy one for electronic signature in the news? Going paperless and using DocuSign was named the number one way to use technology to save time and money in Inman News.

Inman News: 5 Ways to Use Tech To Save Time and Money by Katie Lance

1. Go paperless. One of the biggest trends I am seeing are agents using DocuSign. DocuSign is an amazing product that really helps agents be more efficient and save more time and money. Clients love it, and as a bonus, it helps you to go “green.”

My biggest piece of advice for agents is to embrace technology. It's not always easy, but we are living in an amazing age. Think of the world before we had the Internet, compared to now -- isn't it amazing?!  Don't be afraid of technology; embrace it and it will save you more time and money in the long haul.

DocuSign has partnered with many other real estate technology providers to enable you to keep your processes paperless. Click to learn more about our real estate partners.

Recently, Adobe announced an e-Signature SaaS offering, which prompted commentary from our own Tom Gonser. TechFlash published Tom's response, following their reporting on Adobe's new electronic signature service.

TechFlash: DocuSign to Adobe: Thanks for validating the e-signature market by John Cook

Last Friday, we reported on Adobe's new offering in the electronic signatures arena, a move that we suggested could strike some fear into the hearts of the folks behind DocuSign. But the Seattle electronic signature startup is hardly running scared. In fact, founder and vice president of product strategy Tom Gonser said in a follow-up statement that his initial reaction to Adobe's new offering was: "What took them so long?"

"Seeing Adobe enter the market validates what we've known for years—this is a huge market, and our SaaS-based product delivers tremendous value very quickly. Seeing Adobe abandon software-based electronic signature software in favor of this new service-based approach illustrates the rapid decline of software-based PKI digital signature solutions, which are too complex and costly to administer and manage. As the trusted leader in SaaS-based electronic signatures with over four million users, and the established standard in important markets like Financial Services and Real Estate (where the National Association for Realtors (NAR) has named DocuSign as the exclusive provider to the entire REALTOR market), we have a sizeable market lead over Adobe.

If you compare our service to the new Adobe service, it is immediately obvious that we have a sizable product lead also. DocuSign provides much more than just a signature. We also provide authentication, workflow, data collection and collaboration—all critical components of a business-class e-signature platform. The Adobe service has none of this. So we see this announcement as the best of both worlds. A large company just validated the market we created more than six years ago is huge, and it offers a solution that is not competitive. The awareness created by Adobe will accelerate DocuSign's business even more."

If you want to try DocuSign's free electronic signature service, DocuSign Lite, go to DocuSign.com and use the widget on the right hand side of your screen. You can also use DocuSign Lite as a Firefox plug in or as an iGoogle gadget.

Mortgage Technology Magazine mentioned DocuSign's “Designed for Mobile” functionality, as it enables users to eSign from their mobile devices, including iPhone, Blackberry, Android, and Windows Mobile phones.

Mortgage Technology Magazine: Mobile Technology Boom by Anthony Garritano

DocuSign has taken it a step further by allowing users to e-sign on their iPhone. With the recent release of DocuSign Version 9 and the newly deployed 'Designed for Mobile' functionality, DocuSign users can now view and e-sign documents on Android-based handhelds, such as Google Nexus One, T-Mobile G1 and more than two dozen devices, and access a new status console optimized for mobile browsers. This expanded functionality ensures business transactions are completed faster and easier—from anywhere, anytime.

Today busy professionals are demanding services that offer the convenience to conduct business while on the move. These services must be cost effective and flexible, with the ability to adapt to any environment, including quickly-evolving mobile platforms. Analysts predict that Android will become the world's most popular smartphone platform by 2012, with estimates of more than 31.8 million Android phones and 126 million Android-based portable products to ship in 2013. DocuSign's interoperability with Android technology offers users the ultimate in global on-the-go signing flexibility.

Learn more about DocuSign's mobile eSigning capabilities and see specific "Designed for Mobile" content on the DocuSign blog.

DocuSign also enables loan lenders, such as credit unions, to close loans paperlessly and stay ahead of Regulation Z. eDOC Innovations chose DocuSign to add eSignature to its ProDOC solution.

Credit Union Times: eDoc Adds Online Signatures, Hosts User Meeting by Marc Rapport

eDOC Innovations said it has added online electronic signature capabilities to its lending documentation platform and that a group of customer credit unions have just held their first user meeting.

The Utah-based company said it partnered with DocuSign to add the signature capability to its ProDOC solution and that $838 million, 85,000-member Idaho Central Credit Union is a first user.

The digital signature capability allows for a paperless loan closing, the document management company said.

Click for more information about how DocuSign speeds up the loan closing process and helps credit unions stay ahead of Regulation Z. Learn more about credit unions that have integrated DocuSign eSignature by clicking here.