In today's dynamic business landscape, efficiency and cost reduction are paramount. However, one crucial yet often overlooked aspect is agreement management. Traditional methods, relying on dated tools like word processors and emails, lead to cumbersome and time-consuming processes for drafting, negotiating, and managing agreements, with final documents often ending up as isolated and inaccessible files, what Docusign calls the "Agreement Trap." The Agreement Trap is a critical flaw that impedes a company's efficiency and agility, resulting in slow deal closures, missed opportunities, and fragmented information that obstructs decision-making.
These challenges can be addressed by Docusign’s AI-powered, end-to-end agreement management platform (IAM) that is designed to empower businesses of all sizes to forge smarter agreements, streamline their commitment processes, and manage them more effectively to harness their full potential.
Leveraging cutting-edge AI technology, Docusign's enhanced features integrate various aspects of agreement management, accelerating contract creation, refining negotiations, and delivering key insights for strategic management of agreement portfolios. With Docusign, organizations can craft agreements collaboratively, with automation and seamless integration across all critical business systems, including CRM, HCM, and ERP. SAP customers can seamlessly integrate Docusign into their existing investments tocommit to agreements more quickly and securely, improving the overall experience for customers, partners, and employees; and manage agreements by extracting and leveraging hidden data to unlock value and mitigate unnecessary risks.
Benefits of using Docusign with SAP
Integrating Docusign with SAP tools you use every day allows organizations to accelerate their business, save costs, increase productivity and mitigate risk. Here are just a few examples of how Docusign can help businesses using SAP:
Accelerate business: With Docusign, businesses can streamline their document signing workflows and eliminate the time-consuming process of printing, signing, scanning, and emailing documents.
Save costs: Docusign eliminates the need for paper-based workflows, which can be costly and time-consuming. By digitizing document signing workflows, businesses can save on paper, printing, shipping, and storage costs, and avoid the costs and errors associated with manual data entry.
Increase productivity: Docusign makes it easy for businesses to sign and manage documents from anywhere, at any time. By integrating Docusign with SAP solutions, businesses can empower their employees to work more efficiently and effectively, regardless of their location.
Mitigate risk: Docusign provides businesses with a secure and legally binding way to sign and manage documents. By integrating Docusign with SAP solutions, businesses can ensure that their document signing workflows are compliant with industry and regulatory standards.
With a long-standing partnership offering pre-built integrations across SAP SuccessFactors, SAP Ariba and SAP Customer Experience, Docusign and SAP aim to deliver solutions that digitally transform agreement processes across HR, procurement, sales and more. Docusign will be participating at SAP Sapphire 2024 at both Orlando and Barcelona events to showcase their Intelligent Agreement Management (IAM) platform and other latest innovations with SAP including how organizations can make the most of their investments by seamlessly integrating Docusign with the SAP tools they’re already using.
In Orlando, from June 3-5 at booth #533, DocuSign will showcase its joint solutions with SAP that focus on managing intelligent agreements within SAP systems. A highlight is a special session on June 5th with Jon Jones from Deloitte, discussing the new Docusign CLM Connector for SAP Ariba and how it can accelerate time to value and eliminate friction in Source-to-Pay agreement processes..
Following this, DocuSign will also be at Sapphire Barcelona from June 11-13 at booth #5.207. Attendees at this event will have the opportunity to meet the DocuSign team, learn about their solutions, and see the integrations with SAP firsthand.