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Contracts On Demand: EchoSign Delivers

January 24, 2008

Echosign, the eSignature and contract management company, seems to be making good headway selling its products via the AppEchange.

In a recent press release posted on CNN Money, the company announced it now has more than sixty Salesforce.com customers using its products including companies such as Vertical Response and LinkedIn.

eSignature and contract management systems would seem to be major cost savers in terms of misplaced contracts and the time it takes to have them completed and returned so I was a little surprised that only 60 Salesforce.com customers have the technology in use to date.

The technology would appear to remove a major pain sales people often encounter when moving to close a deal only to run into massive delays in having contracts properly filled out and returned on time.

From the official release:

“With EchoSign for Salesforce, contracts are either signed via e-signature or written signature, and when executed are automatically saved with the sales opportunity or contact. In addition, each party automatically receives a copy of the signed agreement via email, and an audit trail reveals the contract status at every step of the signature process. Sales teams of any size can leverage this powerful solution to track every deal in real-time, deliver accurate forecasts, measure contract performance through a report or dashboard, and significantly decrease the length of contract signature cycles from days or weeks to minutes. EchoSign customers close more than $100M in contracts each month with an average ‘quote to close’ time of 42 minutes.”

Continue reading the official EchoSign release or visit the EchoSign Blog for more details on the story.

Written by Adam Killam · Filed Under Salesforce.com News 

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