DocuSign CLM, formerly SpringCM, is a cloud-based platform that can be used to manage documents, contracts and related collateral. The solution includes workflows that can be tailored to an organization's business processes. It is also designed to accelerate team collaboration. SpringCM was acquired by DocuSign in the summer of 2018.
$15
per month
INHUBBER
Score 8.9 out of 10
Mid-Size Companies (51-1,000 employees)
Contract lifecycle management platform with cloud security, digital signature and AI-powered document management.
AI helps customers simplify contract management by making it understandable, interactive and automated. Digital signature signs any file format along with text and images.
DocuSign is useful for collecting electronic signatures on isolated documents and packets that are administered separately or integrated into another system. DocuSign is integrated into our onboarding system, Paylocity, which is where the employee completes all onboarding tasks required for employment. Integrating DocuSign with Paylocity allows us to send documents that require more than one signature along with other onboarding tasks, which makes for a less confusing onboarding experience for the worker. DocuSign also allows us to automatically run E-Verify from the integrated Form I-9 Document, which saves us lots of time onboarding each employee.
It covers the basic contract management functions like setting deadlines, organizing documents in one place, and sending them for signature very well. We use it to reduce document complexity and extract and enhance metadata. It's perfect for managing obligations and information stored in contracts. In fact, AI-powered extraction is a great help to set up all relevant tasks during the initial contract management. It is perfect if you want to explicitly share not only the contract itself but also the attachments.
When correcting a document, no new email is sent for notification of an update. The clients have to go back to the old document, and it feels uncomfortable for them.
Before we started using DocuSign, getting contracts actually signed by new clients was one more barrier to new business and to begin work. Once we started using DocuSign, it eliminated that barrier and has become a much less cumbersome process for us and our clients
The platform helps you to get your things done. It is designed the way so that user spends as little time as possible on dealing with low-value activities like labeling, structuring, signing and focuses more on the things that will determine how much you will get out of the contract, like setting reminders for the deliverables, extracting the key information, etc.
DocuSign CLM has a much improved user experience compared to similar products we have used. The streamlining of templates and traceability through the signing process are huge benefits, and better than competitors. The ability to set up designated templates for different use-case scenarios, and roll out efficient documents for signing, is invaluable, as well as other functions like Bulk Send and PowerForms.
Positive - has helped us track renewals which allows us to get out of "bad" contracts or renew "good" ones.
Negative - we had hoped for it to help us determine which terms and conditions we have agreed to in other contracts. This has made contract review remain a lengthy process.
Positive - We are now able to find all of our contracts which has helped us get out of unnecessary contracts (which positively impacts finances).
It saves time by replacing channels for document encryption. No need for emails; makes work safer and easier to figure out what document the team is working on.
No need to switch between the platforms to sign documents.
No need to read the whole document; just the places AI highlighted.