How Docusign IAM delivers value to procurement teams

Ask any Head of Procurement what their biggest challenges are, and they’ll likely cite, “slow and manual workflows”, “lack of visibility into spending”, or “problems with contract management.”

The struggle is real. Procurement teams are often juggling endless requests and a never-ending cycle of renewals, while dealing with fragmented systems and data. The result? Time wasted with follow up tasks, which means less time for identifying savings opportunities, controlling costs and enforcing company procurement policies.

Docusign IAM changes all that. Using AI and automation, it transforms the source-to-pay process. As Solution Consulting Manager Neha Gautam demonstrated , it helps save time, control costs and reduce risk utilising automated workflows and a connected view of the entire contract lifecycle. Which means no more juggling emails and spreadsheets.

Docusign IAM helps procurement teams strike the balance between managing all those purchase requests, while staying compliant and on-budget.  From one central dashboard, teams can see all procurement requests, renewals and obligations. It’s easy to drill down into detail, or zoom out for a bigger picture view. 

The demo also shows how AI can be used across the end-to-end agreement lifecycle. In contract negotiations, for example, it can be used to automatically highlight clauses in an MSA that aren’t aligned with company policy, and then make suggestions to bring the clauses back into alignment. More broadly, AI can help teams review completed agreements by extracting critical obligations that need attention, well before deadlines are missed. 

For procurement teams that struggle efficiently managing  autorenewals and vendor payments, Docusign IAM delivers a trusted, efficient and effective path forward. To learn more about how it could help transform your procurement processes, get in touch.