Forbes: Winter Release Highlights Expansion Of Digital Transaction Management
12/10/2014 7:58:24 PM
One vertical market that has embraced DocuSign ardently is real estate. Property transfer transactions are ideal for DTM. They involve one-time, ad-hoc groups that must execute a complex set of documents in the right order without making any mistakes. As such, real estate lends itself to the concept of a “digital transaction room,” which creates a virtual center for all parties to see what’s going on and do what they have to do in a secure environment — one that they all have access to, but others don’t. The Winter ’15 Release includes integration with zipForm Plus organized templates from within transaction rooms.
In addition, with this release DocuSign is rolling out connectors to two new partners — Nintex and K2. Nintex offers workflow automation software, and K2 develops business process software. In both cases, users can now digitally sign documents without having to leave the application.
Other news from the latest quarter not strictly related to the release includes strategic investments from Mitsui, NTT Finance, Recruit, BBVA Ventures, Samsung Venture Investment, and EDBI. These new infusions of funds reflect DocuSign’s growing presence in Asia. In addition, the company has added Apttus, Intuit, and Telstra as resellers. The first two represent integrations — with Apttus’ contract management system and with Intuit’s software for tax professionals — while the third is a straightforward reseller agreement for the Australian market.