Every time your team has to manually track contract terms, it adds steps to the workflow that slow down the process and leave room for errors. There is a better way. All of your contracts’ data points should be directly available to your other business systems so that automation can simplify routine tasks.
Implement: 45% of respondents do not have tools to track, search and analyze past agreements
To create and commit to the most advantageous agreements in the future, your team needs visibility into past agreements. A key element is the ability to search these documents to identify specific terms and track performance against commitments. When the contract nears expiration, your team will be prepared for a renewal decision and potential negotiations.
In this report, Deloitte adds up these inefficiencies in the deal and translates the loss of value into dollars and hours. It’s powerful and instructive for anyone who wants to get more business value from their contracts. If you want to learn more, download the report ” Unlocking the Value of Deal Management .”
The report includes ways to modernize your workflow, and Docusign can help make every step of the contracting process smarter for organizations like yours, so you can accelerate revenue, reduce risk, and unlock value. That’s why we’re announcing a major expansion of our business strategy, opening a new SaaS category— Intelligent Agreement Management —and the new Docusign IAM platform to lead the way. Docusign IAM solutions will be available starting May 30 in the U.S. and will roll out internationally starting later this year.