Oracle NetSuite Corporate Communications
DocuSign Digital Transaction Management (DTM) SuiteApp for NetSuite Achieves 'Built for NetSuite' Verification
DocuSign DTM Helps NetSuite and Its Users Drive Rapid ROI, Enhance Security and Compliance & Delight Customers
SAN FRANCISCO, CA—DOCUSIGN MOMENTUM—March 5, 2014—DocuSign, Inc. (DocuSign) and NetSuite, Inc. (NYSE: N) today announced a partnership to bring their shared vision of helping more organizations globally conduct business digitally. The companies are partnering to offer DocuSign's Digital Transaction Management (DTM) SuiteApp, an integrated solution with NetSuite, to help organizations accelerate transactions to achieve significant ROI and enhance security and compliance—all while delighting customers, partners, suppliers, and employees. In addition, NetSuite uses DocuSign's DTM platform internally to streamline sales and ensure regulatory compliance.
The DocuSign SuiteApp, an integrated solution of DocuSign's DTM platform and NetSuite, built on the NetSuite SuiteCloud Computing Platform, has achieved "Built for NetSuite" verification. Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides them with information, resources, and a method to verify that their applications and integrations, built using the NetSuite SuiteCloud Computing Platform, meet the latest NetSuite standards and best practices. The 'Built for NetSuite' program is designed to give NetSuite customers additional confidence that SuiteApps have been built to meet these standards.
DocuSign enables NetSuite users to send contracts and other documents for signature directly from within NetSuite. Customers receive a link in email to sign their agreement, and can securely DocuSign in seconds—anytime, anywhere, on any device. Senders can track envelope status from the DocuSign window within NetSuite for full visibility and control. Once DocuSigned, documents are automatically brought into NetSuite as PDFs and attached to the relevant record.
“NetSuite's partnership with DocuSign is rooted in our own experience using DocuSign's Digital Transaction Management platform to automate and streamline processes to accelerate our speed to results,” said Zach Nelson, NetSuite CEO. “Our sales team achieved a 61% increase in productivity and improved document turnaround time by 77% by DocuSigning to reduce sales contract processing. With a seamless integration with NetSuite, DocuSign is the global standard and the kind of opportunity we must bring to our own customers.”
NetSuite replaced its existing eSignature solution with DocuSign's DTM platform for improved reliability and availability on a trusted and secure platform. With its switch to DocuSign, NetSuite's sales team is generating more than $1.5K in incremental revenue per sales contract simply by closing deals when they need to. DocuSign has helped NetSuite:
“NetSuite is a great partner and solution for DocuSign that's enabled us to scale in this hyper growth environment,” said Keith Krach, chairman and CEO, DocuSign. “Our deeper relationship with NetSuite brings the best of two industry-leading cloud providers with highly complementary solutions together to help companies achieve their digital transformations.”
DocuSign's DTM platform is used to accelerate transaction times and increase speed to results across nearly every industry—from financial services, insurance, technology, healthcare, government, manufacturing, communications, real estate, retail, and consumer goods to higher education, non-profits and others—as well as every business department, including sales, marketing, finance, procurement, HR/staffing, legal, operations, and customer support.
Sales teams interested in learning more about DocuSign's Digital Transaction Management SuiteApp may visit www.suiteapp.com or http://www.docusign.com/partner/netsuite.
About DocuSign Inc.
DocuSign® is The Global Standard for Digital Transaction Management™. Global enterprises, business departments, individual professionals, and consumers have standardized on DocuSign, with more than 40,000 new users joining the DocuSign Global Network every day. Today, that network includes millions of users in 188 countries. DocuSign's DTM platform is used to accelerate transaction times to increase speed to results, reduce costs, and delight customers across nearly every industry—from financial services, insurance, technology, healthcare, manufacturing, communications, real estate, retail, and consumer goods to higher education and others—as well as every business department, including sales, finance, operations, procurement, HR/staffing, legal, and customer support. For more information, visit www.docusign.com or call 877.720.2040. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn, and Facebook.
NetSuite Inc. is the industry's leading provider of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software suites. In addition to financials / ERP software suites, NetSuite offers a broad suite of applications, including accounting, Customer Relationship Management (CRM), Professional Services Automation (PSA) and ecommerce that enable companies to manage most of their core business operations in its single integrated suite. NetSuite software allows businesses to automate operations, streamline processes and access real-time business information anytime, anywhere.
For more information about NetSuite, please visit www.netsuite.com.
NOTE: NetSuite and the NetSuite logo are service marks of NetSuite Inc.