The rapid adoption of electronic signature solutions in recent years has been significantly driven by the shift to hybrid work environments. As the world continues to move towards a paperless, digital landscape, e-signatures are becoming essential. They provide a secure and customer-friendly experience, are legally recognized in most countries, and offer key advantages that enhance operational efficiency. These solutions can be used across industries and business lines. For instance, Human Resources can use them for onboarding and employee paperwork, sales departments for sending quotes and invoices, and real estate agents for completing transactions efficiently.
Advancing business operations efficiently can be difficult when reliant on manual processes. Today, the average company uses 976 applications across the organization, but only 28% of those applications are integrated. That means teams spend way too much time doing disconnected work or toggling back and forth between systems. System integrations are necessary to digitize processes across your organization and create better experiences for employees, customers, and partners. By integrating Docusign with the SAP applications already utilized by teams, organizations can equip their workforce with the necessary tools to eliminate repetitive manual tasks, thereby saving valuable employee time and achieving the following benefits:
Increased Employee Productivity: Docusign enhances efficiency throughout the entire sending and signing process. For frequently used forms, Docusign allows users to save and reuse repeatable information by creating templates and provides pre-built templates for common contracts and forms. When sending the same document to multiple recipients, Docusign's bulk send functionality saves time and reduces errors by eliminating the need to manually create and send separate documents. By importing a list of signers, each recipient can receive a unique copy of the form to sign.
Reduced Errors: Manual agreement processes often result in errors from manually transferring data, such as customer or product information, into agreements. Employees can spend significant time correcting these mistakes and tracking down missing information in contracts and forms. Docusign eSignature guides signers through forms and documents, ensuring that all designated fields are completed, thereby reducing the chance of errors and the likelihood of missing fields. Additionally, eSignature can be integrated with other applications, like Microsoft, to automatically prepopulate contracts with existing data, further minimizing the potential for errors.
Enhanced Visibility: With eSignature, users can easily track who has signed and who still needs to sign, giving a clear view of the contract's status. This allows identification and prompting individuals needed to advance the process. Additionally, notification settings can be customized to have Docusign automatically remind signers when their actions are required.
Accelerate Time to Revenue: Docusign eliminates errors and cumbersome manual processes that can delay sales. Faster contract closures lead to quicker revenue recognition. With eSignature, up to 80% of agreements are finalized within a day, and 44% are completed in under 15 minutes.
Docusign and SAP offer robust integration for various key use cases, enhancing efficiency across multiple business functions.
ERP systems: The integration allows users to execute signed agreements, streamlining processes such as sales quotes, bills of lading, vendor agreements, purchase orders, and invoices quickly and securely.
HR: The integration simplifies hiring by enabling rapid digital signing of job offers and expediting new-hire paperwork, providing HR teams with complete visibility into document statuses through automated workflows.
CRM: Sales acceleration and improved visibility are achieved by transitioning from manual to fully digital customer engagements, allowing decision-makers to electronically sign documents instantly.
Source-to-pay process: Benefits can be achieved from seamless digital contracting by creating new agreements from Ariba Contract Workspaces and managing supplier negotiations with complete audit histories.
Vendor management: Vendor management can be optimized with the ability to quickly sign and return vendor agreements, aiding in the efficient management of various external resources.
Government sector: Digitize regulated document management, ensuring the generation, versioning, and signing of documents through automated workflows within a secure, searchable, and compliant repository.