One of Slack’s key advantages has always been its capacity to carry out a series of operations without switching between several programs. In Slack, DocuSign integrated electronic signatures at the height of the epidemic in 2020. The business revealed today that you can manage the whole contract lifecycle inside of Slack.
The company said in a blog post announcing the new features that “with the CLM (contract lifecycle management) for Slack integration, you can navigate the full agreement processes — like redlining, reviews, and approvals — with DocuSign’s leading CLM solution all from within Slack, and with colleagues and customers alike.”
Moving as much work as you could into a digital setting became crucial in 2020 during the COVID crisis when employees were obliged to work from home. Being able to transfer papers through an approval process without hard copies and without switching between programs frequently is extremely useful as our society transitions more and more towards a hybrid workplace.
The company stated in the blog post that it is crucial to be able to do business as fast and effectively as possible, simplifying where appropriate and reducing the number of applications and tools that stakeholders must use to complete agreements.
DocuSign does this by integrating each stage of the contract signing process directly into Slack, removing the need to check multiple communication channels and software applications to see where the contract is in the workflow.
DocuSign has been exploring several options for incorporating the signature process into the SaaS applications that users use most frequently. This expands on the business’s earlier-in-the-year revelation concerning document signing in Zoom, another program that gained enormous popularity during the peak of the pandemic lockdown.
DocuSign has a 75% market share in eSignatures, according to research from Deloitte. Nevertheless, despite all of this, the price of DocuSign stock has plummeted this year, falling a staggering 65%.
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