More likely than not, your old contract system is nothing more than a collection of separate pieces, which are by chance grouped by manual processes. None of these pieces were made to work together, and forcing them to do so is more effort than it is worth it. Whether in the areas of law, procurement, sales, marketing or services, it is very likely that the agreement processes are positioned throughout your business. Modernizing your contract system is essential and helps you do business faster, while reducing costs, reducing risk and creating better experiences for your customers and employees. Business revolves around agreements and contracts. Here, DocuSign`s plan is to be a system of agreements and manage them beyond electronic signature. DocuSign is the eSignature of choice for hundreds of millions of people around the world to enter into contracts and agreements. But how were these agreements concluded? What are the “systems”? What happens to them after they sign? These questions are behind docuSigns System of Agreement Platform. The System of Agreement platform connects DocuSign`s electronic signature platform to all other aspects of the agreement process and revolutionizes the way agreements are prepared, signed, implemented and managed. This helps businesses accelerate the transition to digital and quickly get started where it is most useful for customer acquisition, onboarding and service cases. Update records or trigger actions in other systems. DocuSign offers a payment collection option, and many partners allow DocuSign to be updated or triggered to the partner product.
Agreement Cloud and what happens after an electronic signature. Springer said DocuSign`s corporate customers focus on what happens after signing. Enter the cloud of the agreement. The Cloud Agreement is an API system that triggers actions. Once a lease has been signed, a company can send an invoice. Salesforce sends a contract, and as soon as the contract has been signed, it is sent to a CRM system, the service starts and the company sends an invoice. There is also contract lifecycle management where agreements are stored in a safe place. Springer explains that once the contracts are in the same place, companies can search for them to determine how much is related to the price of oil and other risks. “Every company has an agreement system and strives to automate it and make it more efficient,” Springer said.