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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
W HI T E PA P E R                                                                                                                                                                                     docusign.com



About Electronic Signatures
With an electronic signature, documents can be securely signed
online, without printing, faxing or mailing. Electronic signatures
can replace pen-and-ink on any kind of agreement from real
estate contracts to loan applications to commercial contracts
for any kind of goods or services. Electronic signatures have the
same legal effect as pen-and-ink, as long as they are executed
through a process that clearly establishes intent to sign and
ensures all legal elements of proof, thus complying with the
federal Electronic Signature In Global and National Commerce
Act (ESIGN), as well as the Uniform Electronic Transactions
Act (UETA).



    Traditional Signing & Delivery Methods                                                                           Total elapsed time = 7 days (2.5 weeks)




    Customer        Document        Document                          Document                      Customer                Client faxes,                  Document is                      Contract is
    agrees          created         printed                           faxed,                        reviews                 overnights,                    received and                     processed
    to buy                                                            overnighted,                  document                couriers or                    scanned for
                                                                      couriered or                                          snail mails                    archiving or
                                                                      snail mailed to                                       signed                         physically filed
                                                                      Customer                                              document

    DocuSign e-Signature Process                                                                                     Total elapsed time = Less than 10 minutes




    Customer         Document          Document                        Customer                  Customer                       Contract is
    agrees           created           sent via                        reviews                   signs and sales                processed
    to buy                             DocuSign                        document                  representative
                                                                                                 is notified




About DocuSign
DocuSign is the world’s most trusted electronic signature network, with millions of DocuSigners who have signed tens of millions of documents.
With DocuSign you can accelerate the speed of business using the easiest, fastest, most secure way to send, sign, track and store documents in the cloud.
Visit docusign.com or call 1-866-219-4318.

                                    1301 Second Avenue, Suite 2000 | Seattle, Washington 98101 | toll free 866.219.4318 | docusign.com
                                    Copyright © 2003-2011 DocuSign, Inc. All rights reserved. DocuSign, the DocuSign logo, “Close it in the Cloud”, SecureFields, Stick-eTabs, PowerForms, “The fastest way to get a
                                    signature”, The No-Paper logo, Smart Envelopes, SmartNav, “DocuSign It!”, “The World Works Better with DocuSign” and ForceFields are trademarks or registered trademarks of
                                    DocuSign, Inc. in the United States and or other countries. All other trademarks and registered trademarks are the property of their respective holders.

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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
  • 2. W HI T E PA P E R docusign.com About Electronic Signatures With an electronic signature, documents can be securely signed online, without printing, faxing or mailing. Electronic signatures can replace pen-and-ink on any kind of agreement from real estate contracts to loan applications to commercial contracts for any kind of goods or services. Electronic signatures have the same legal effect as pen-and-ink, as long as they are executed through a process that clearly establishes intent to sign and ensures all legal elements of proof, thus complying with the federal Electronic Signature In Global and National Commerce Act (ESIGN), as well as the Uniform Electronic Transactions Act (UETA). Traditional Signing & Delivery Methods Total elapsed time = 7 days (2.5 weeks) Customer Document Document Document Customer Client faxes, Document is Contract is agrees created printed faxed, reviews overnights, received and processed to buy overnighted, document couriers or scanned for couriered or snail mails archiving or snail mailed to signed physically filed Customer document DocuSign e-Signature Process Total elapsed time = Less than 10 minutes Customer Document Document Customer Customer Contract is agrees created sent via reviews signs and sales processed to buy DocuSign document representative is notified About DocuSign DocuSign is the world’s most trusted electronic signature network, with millions of DocuSigners who have signed tens of millions of documents. With DocuSign you can accelerate the speed of business using the easiest, fastest, most secure way to send, sign, track and store documents in the cloud. Visit docusign.com or call 1-866-219-4318. 1301 Second Avenue, Suite 2000 | Seattle, Washington 98101 | toll free 866.219.4318 | docusign.com Copyright © 2003-2011 DocuSign, Inc. All rights reserved. DocuSign, the DocuSign logo, “Close it in the Cloud”, SecureFields, Stick-eTabs, PowerForms, “The fastest way to get a signature”, The No-Paper logo, Smart Envelopes, SmartNav, “DocuSign It!”, “The World Works Better with DocuSign” and ForceFields are trademarks or registered trademarks of DocuSign, Inc. in the United States and or other countries. All other trademarks and registered trademarks are the property of their respective holders.