Spend Matters 50/50: DocuSign – A Provider to Know in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about DocuSign:

DocuSign, likely the market leader in the digital signature sector, is a Spend Matters 50/50 provider that every procurement organization should know ... Digital signatures are not just a replacement for approaches that have existed since the first signed document – they are a foundation for much, much more. They can help procurement, finance and supply chain organizations with both hard dollar cost savings (e.g., no paper costs, no printing, no faxing, no overnight delivery fees, no archiving costs, etc.) as well as improving overall efficiency and effectiveness (e.g., cycle-time compression for contracts to implement savings more quickly) ... In addition to core “signing” capability, DocuSign adds workflow that can help build surrounding functional capabilities ...

There's more on what our US colleagues have to say on DocuSign here, but in Europe the firm has a good presence, although to be honest our small European SM team has not had any real contact. But offices in London (in the same street where I worked years ago), Dublin and Paris, as well as an VP and GM of EMEA, suggests this is not just a US tech business. We'll try and get closer to the firm in 2016!

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