With agreements at the heart of almost every company’s business, it’s no wonder that there is a push to transform the way they are handled. Given that truth, DocuSign—known for offering the world’s #1 e-signature solution—announced a broader strategy and solution set under the banner of the DocuSign Agreement Cloud. And at Spaulding Ridge, we’re throwing our weight behind it.
At its core, the DocuSign Agreement Cloud is about transforming the way that organizations prepare, sign, act-on and then manage the agreements that are fundamental to their business. It offers more than a dozen applications and more than 350 integrations, covering the entire agreement process. And by modernizing your system of agreement with the DocuSign Agreement Cloud, you’ll do business faster with less risk, lower costs, and better experiences for customers and employees.
Our experience suggests that these agreements exist across different technologies, and it takes dedicated resources to be successful. That’s why, in conjunction with the announcement of the DocuSign Agreement Cloud, Spaulding Ridge is announcing the creation of the first Agreement Cloud practice.
The foundational mission at Spaulding Ridge is to deliver best-in-cloud IT and advisory services. We’ve built practices dedicated to a number of technologies that are leaders in the market—including Salesforce, SpringCM, MuleSoft, Anaplan, OneStream and NetSuite. And while we’ve seen the potential in SpringCM and contract lifecycle management for quite some time, with DocuSign’s acquisition of SpringCM in August last year and the launch of DocuSign Agreement Cloud, we believe there’s an opportunity to do so much more.
Let’s take a look at the DocuSign Agreement Cloud in a little more detail, and understand the four components of the System of Agreement that it helps to transform.
Before you can put any new systems or projects in place, you need to prepare the documentation that makes everything ‘official’. This means generating forms and contracts that adhere to industry best practices and contain pre-filled fields and contract clauses. With the DocuSign Agreement Cloud, you can generate documents from industry-specific templates and customize them to fit your needs.
Once your documents have been generated, you need to obtain signatures. When you have multiple parties working digitally, getting sign-offs can be a hassle. The DocuSign Agreement Cloud streamlines the workflow approval process with a legally-enforceable electronic signature capture system, as well as signer identity verification. This can drastically reduce the time you spend getting signatures—we’ve seen it go from months down to hours—which in turn drastically simplifies and accelerates the process of doing business.
Now that your agreement is in place, it’s time to act on it. This could mean providing goods and/or services or collecting payment. Organizations should always have a system in place to make sure each of the terms of your agreement come to fruition and that all back-end systems are updated with the same information. Also, they should make sure every step of the agreement is properly recorded for both legal and organizational purposes.
Once in place, it is important to manage the terms of your agreement, and the agreements themselves. With the DocuSign Agreement Cloud, you can easily prep for audits, update agreements, analyze company compliance, and much more. This is a step that many companies either neglect or simply don’t realize is important, but our experience proves it’s vitally important for managing clients and employees effectively on a long-term basis.
With over 475,000 paying customers and hundreds of millions of users around the world, DocuSign is creating a new category of cloud computing, and transforming the world’s systems of agreement as a result. As part of this transition, the opportunity to support organizations through their transformation only grows. And as DocuSign COO Scott Olrich said recently: “Let’s agree to agree, better”.
Founded in 2018, Spaulding Ridge is a top management consulting firm, dedicated to client success and helping organizations implement and adopt best-in-cloud technology to solve their most pressing challenges. We provide the office of the CFO financial clarity to Sales and Operational complexity by integrating financial and sales SaaS Platforms.
• Finance gain control ” Increasing financial effectiveness, insight and impact
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