SAN FRANCISCO, June 12, 2019 /PRNewswire/ -- With a broad lineup
of world-class speakers, a host of innovation announcements, and a
strong vision for the future of agreements, DocuSign (NASDAQ: DOCU)
today kicked off its annual Momentum conference for more than
1500 customers, developers, and partners in San Francisco.
This year's event centers around the DocuSign Agreement
Cloud—the recently announced suite of more than a dozen products
and over 350 integrations for digitally transforming how
organizations prepare, sign, act on, and manage agreements.
Today, the company enhanced the DocuSign Agreement Cloud with
several new products and features via its latest quarterly update,
the DocuSign Summer '19 Release. The company was also joined on
stage by Keller Williams, Refinitiv, Shell, the University of California San Francisco, and Walmart
to showcase the revenue and productivity impact it can have on real
estate, financial services, manufacturing, healthcare and life
sciences, and retail—among many other industries.
DocuSign Momentum comes on the heels of the company showcasing
strong revenue growth and a growing base of paying customers around
the world during its Q1 FY 2020 earnings last week. And it all
points to what DocuSign CEO Dan
Springer believes is substantial potential for the company's
expanded solution portfolio.
"Since we unveiled the DocuSign Agreement Cloud in March, we
have seen a positive response from existing and potential
customers—it is designed to meet their need to manage not just
signing, but the entire agreement process both before and after
that signature takes place," said Springer. "The fact that we now
have over half a million paying customers worldwide bears that out.
In addition, given the caliber of customers and partners we have on
stage today and the value they are driving with our technology, we
believe we are creating the industry's next must-have cloud."
By helping to automate and connect the entire agreement process,
the DocuSign Agreement Cloud enables business to be done faster
with less risk and lower costs, and to deliver better experiences
for customers, partners, and employees. The company continues to
innovate in that regard, and as part of the DocuSign Summer
'19 Release, several enhancements were announced today:
- DocuSign Rooms for Mortgage. Part of the company's
broader solution for the real estate industry, DocuSign Rooms
for Mortgage accelerates closing times and improves the
borrower experience with a secure, digital workspace for everyone
involved in the process. Aimed primarily at mortgage lenders, it is
flexible enough to support traditional closings via pen and paper,
fully digital closings using eNotary, eNote, and Asset Vaulting, or
anything in between. The product has been in beta testing since
October last year, and is now slated for US availability in
mid-July this year.
- Conditional Recipients. This feature allows
customers to automate their existing workflows by configuring the
rules on an envelope and automatically routing it to different
recipients. Conditional Recipients is the first advanced
recipient routing feature that will be available globally this
month (with additional features slated for the DocuSign Fall '19
Release).
- eWitness. This capability allows signers to
identify a witness and capture their information as part of
agreements and deeds. eWitness is targeted towards larger
mid-market and enterprise customers and will be available globally
this month.
- eSignature API v2.1. In a move to strengthen its
developer-first experience, DocuSign will now make the API it uses
internally available to developers this month. This is expected to
give developers access to the very latest features—such as
comments, bulk envelopes, and more—and to in turn ensure the
DocuSign API continues to originate more than 60% of DocuSign's
successful transactions.
During Momentum, DocuSign will also be expanding its commitment
to protecting the environment through its DocuSign for
Forests initiative—this time in partnership with The
Wilderness Society, and environmentalist and Grammy Award-winning
singer-songwriter, Dave
Matthews.
"Since our inception in 2003, we have helped millions of people
around the world to replace almost 20 billion sheets of paper with
eco-friendly digital processes," said Springer. "We are committed
to the continued protection of the environment. That's why we
launched the DocuSign for Forests initiative earlier this year to
support organizations doing critical work to preserve the world's
forests. And I'm looking forward to making a further announcement
on that this afternoon."
For more information, visit https://momentum.docusign.com/
Media Relations:
Adrian
Wainwright
Head of Communications
media@docusign.com
Investor Relations:
Annie
Leschin
VP Investor Relations
investors@docusign.com
About DocuSign
DocuSign helps organizations connect
and automate how they prepare, sign, act on, and manage agreements.
As part of the DocuSign Agreement Cloud, DocuSign offers
eSignature: the world's #1 way to sign electronically on
practically any device, from almost anywhere, at any time. Today,
more than 500,000 customers and hundreds of millions of users in
over 180 countries use DocuSign to accelerate the process of doing
business and to simplify people's lives.
For more information, visit www.docusign.com, call
+1-877-720-2040, or follow @DocuSign on Twitter, LinkedIn, Facebook
and Instagram.
Forward-Looking Statements
This press release may
contain "forward-looking" statements that are based on our
management's beliefs and assumptions and on information currently
available to management. Forward-looking statements include all
statements that are not historical facts and can be identified by
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Forward-looking statements involve known and unknown risks,
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should not be considered as an indication of our future
performance. More information about factors that could affect our
performance are described in greater detail in our public filings
with the Securities and Exchange Commission (the "SEC"), copies of
which may be obtained by visiting our Investor Relations web site
at http://investor.docusign.com or the SEC's web site at
www.sec.gov. In addition, any forward-looking statements contained
in this release are based on assumptions that we believe to be
reasonable as of this date. Except as required by law, we assume no
obligation to update such statements.
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SOURCE DocuSign, Inc.