That vision begins with Docusign IAM! an end-to-end agreement management platform! which we believe will be the first entrant into a new SaaS category – Intelligent Agreement Management.
Docusign IAM will launch in the US in May and expand to larger markets! including Latin America! by the end of the fiscal year.
The Challenges of Agreements and a New SaaS Category
Most businesses know the pain of having crucial deals delayed for another quarter. Plus! potential customers experiencing poorly designed sign-up processes and money lost because vendors don’t deliver on everything they promised in their contracts. These problems add up and cost businesses time! money and opportunities.
There is a simple explanation for why this complication is so universal: the way we manage agreements usa contact list is stuck in the past.
Most businesses use word processors and email to draft and send contracts! and store executed copies digitally. Many now execute their most important agreements using Docusign e-signatures. But beyond that! very little has changed. Drafting and negotiating agreements remains highly cumbersome and time-consuming! as it always was. And completed agreements largely remain unstructured! flat! disconnected files that can’t be easily located! searched! or connected to the systems and people that run your business.
The cost of these outdated processes and disconnected systems is significant*:
- Nearly US$2 trillion in global economic value is lost every year.
- Companies waste an average of 25!000 hours per year! per function! developing deals.
- Companies take an average of two weeks longer to close a big deal or hire top talent.
The opportunity for change here is so great (and the potential solutions so powerful)! that we believe we are on the cusp of a new category of SaaS: Intelligent Agreement Management.
Just as CRM! HRM and ERP leveraged the Internet to modernize sales! HR and resource management! hubspot workflow examples for inbound marketing we believe Intelligent Agreement Management will transform the deal management
Our solution: Docusign IAM
Docusign IAM will help businesses of all sizes create smarter agreements! formalize them more efficiently! and then actively manage them to unlock and leverage their full value.
Docusign’s new capabilities seamlessly connect different components of the deal resource data management process and leverage cutting-edge artificial intelligence to accelerate contract creation! improve negotiations! and provide insights to manage your deal portfolio.