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Avantus Contracts Thousands of New Clients with DocuSign Electronic Signature

Posted August 10, 2010

Business and Financial Reporting Service Streamlines Contracting Process with Electronic Signature From DocuSign

We're excited to announce that Avantus, a leading provider of business information to mortgage and consumer lenders, property management firms and other businesses, selected our electronic signature services to securely expedite end-user agreements online. Following a substantial acquisition, Avantus employed DocuSign to automate and securely obtain signed service agreements from newly acquired clients.

Louis R. Capobianco, president of Avantus, shared:

We wanted a quick and painless way to get thousands of clients a new service agreement - and then we found DocuSign. Automating thousands of contracts for electronic signature was easy with DocuSign, and within days more than 75 percent signed and completed. We eliminated the cost of paper, postage and the extra time paper processes take. It was clear why DocuSign is the standard in electronic signature services.

With Avantus' 25 page end-user agreement, sending contracts to thousands of newly acquired clients would have been a costly, monumental task, including the the initial printing, packaging, mailing and then the numerous follow-up requests for the documents to be signed and returned. Another factor Avantus considered included the management of the paper documents once signed and returned.

Avantus researched electronic signature providers and determined that DocuSign led in security, compliance and ease of use. DocuSign partnered with Avantus to develop a solution specifically tailored to meet its needs. Using DocuSign's bulk sending tool, Avantus gained the ability to automate the process of sending thousands of digital contracts to clients while providing an easy and convenient method to sign and complete the agreements.

Using a PC, laptop or mobile device like iPad or iPhone, Avantus clients electronically signed and returned agreements in minutes—not days, thereby significantly reducing the time, environmental impact and cost of traditional paper-based processing. Delighted with the program's overall success, Avantus is evaluating the integration of DocuSign within the Avantus online application process for an end-to-end online contracting solution.

Steve King, president and CEO of DocuSign, states:

We are pleased to be partnering with Avantus. We look forward to continuing our work with this forward-thinking financial services firm to reduce costs and accelerate the contract signing process online.

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