Many businesses make significant investments in sales and
marketing automation to accelerate the acquisition of new
customers and revenue, only to leave the most crucial part of
the process—actually gaining binding customer agreement—
completely manual, time-consuming and labor-intensive. Could
you really have made strategic investments in automation only to
leave the crucial, deal closing part stranded in the world of pen
and paper?
The good news is that whether or not you have the ideal sales
automation system in place, you can quickly and cost-effectively
deploy electronic signature technology to obtain sales orders,
contracts and other agreements signed faster.
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Whitepaper: Accelerate Sales with Electronic Signature Technology
1. Accelerate Sales with Electronic
Signature Technology
WHITE PAPER docusign.com
Many businesses make significant investments in sales and whether or not a document has been reviewed or forwarded and
marketing automation to accelerate the acquisition of new when. Integrated with a CRM or SFA system, the audit trail data
customers and revenue, only to leave the most crucial part of can provide unprecedented pipeline visibility. See Figure 1 below
the process—actually gaining binding customer agreement— for a sample audit trail.
completely manual, time-consuming and labor-intensive. Could
you really have made strategic investments in automation only to Figure 1. An order was sent for signature at 5:01 pm on 9/13/2009. The
leave the crucial, deal closing part stranded in the world of pen order was viewed and signed, then received at 7:17 pm the same day.
and paper? Traditional delivery methods including printing, faxing and next day
delivery would have added up to 48 hours or more to complete the
The good news is that whether or not you have the ideal sales signing process.
automation system in place, you can quickly and cost-effectively
deploy electronic signature technology to obtain sales orders, Envelope Data
contracts and other agreements signed faster. Envelope ID: 9729d31e-4dc3-49f0-8bac-8eco569dyjoE
For organizations with existing systems, electronic signature Subject: Contract for Services
technology can actually accelerate the return on investment Sent: 9/13/2009 5:01:33PM
for customer relationship management (CRM) or sales force Registered: 9/13/2009 4:57:18PM
automation (SFA) systems.
Document: 1
What if you could shave days or even weeks off of every order Signers: Joseph Kauffman
or contract you sent for signature, as well as gain unsurpassed
Status: Completed
visibility into the contract life cycle? Plus, book revenue faster?
Date Time Source User Action
Isn’t that what you expected from sales automation in the first
place? This brief discusses the role of electronic signature 9/13/2009 4:57:18PM Web Ben Smith Registered
technology in accelerating the most crucial piece of the sales 9/13/2009 5:01:34PM Web Ben Smith Sent
cycle—getting a deal signed, closed and committed. Invitations
9/13/2009 7:16:54PM Web Joseph Viewed
If a prospect gives one of your sales representatives a verbal
Kauffman
“yes,” how long does it take to get the actual order sent for
9/13/2009 7:17:02PM Web Joseph Signed
signature—not to mention getting it returned? Assuming the
Kauffman
quote has already been provided, a bit of verbal negotiation has
taken place and the subsequent updates have been made, does 9/13/2009 7:17:11PM Web Joseph Printable
Kauffman Copy
the order now need to be printed and faxed or sent via next day
Delivered
delivery? How often are faxes or overnight envelopes lost or sent
with errors that require the process to begin all over again? Or
faxed so many times that the document is in effect illegible? Is it
enough time for a competitor put doubt in your buyer’s mind? Is
it enough time to push the order out past the deadline for that
crucial month or quarter? Very likely, the answer is often “yes.”
If you find yourself sitting next to the fax machine the last day
of the month, quarter or year, take a look at how electronic
signature technology is already giving other sales organizations
significant competitive advantage by ensuring that sales orders
get to and from their customers in the shortest time possible—
electronically. In addition, the most robust technologies for
electronic signing provide realtime audit trails which show Continued