Expanding Global Strategic Partnership Offers New DocuSign Agreement Cloud Integrations and Capabilities in Microsoft Business Solutions
DocuSign (NASDAQ: DOCU) has extended its global strategic partnership with Microsoft to accelerate the way people collaborate and enter into agreements in economies anywhere in the world – anywhere economy.
Credit | DocuSign website
The expansion of services between the two companies confirms that it is becoming evident that companies, whether global or SMBs, need to digitally transform to remain competitive and relevant. To assist in this process, DocuSign and Microsoft are providing new integrations and features that together improve their customers' ability to prepare, sign, and manage contracts in the cloud, from virtually anywhere.
“Microsoft is central to our vision of simplifying the settlement process for our customers, wherever they are operating. With much of the world working on Microsoft's cloud applications and services, we're excited to deepen our relationship with the company to deliver on Microsoft's promise. economy anywhere (anywhere economy),” says Dan Springer, CEO of DocuSign.
“Our collaboration with DocuSign enhances our ability to help customers bring settlement processes directly into their workflow,” said Judson Althoff, Executive Vice President and Chief Commercial Officer at Microsoft. “Together we will reduce the complexity of collaboration on agreements, increasing efficiency and productivity, making working from anywhere in the world more doable.”
This strategic partnership will help mutual customers achieve 'anywhere' collaboration, building on Microsoft's relationship as a customer and partner of DocuSign. It will also deepen existing integrations across Microsoft 365, Dynamics 365, and Power Platform apps to further automate contract processes.
Innovations include:
- DocuSign eSignature for Microsoft Teams: Today, this integration allows employees to receive real-time notifications about contracts to sign directly through Teams, enabling a more efficient and connected experience. Going forward, Microsoft and DocuSign will work to deepen this integration by providing additional end-user scenarios, which include live signing into a meeting via the app.
- DocuSign eSignature for Microsoft 365: The existing solution allows organizations to securely send, sign and track documents directly from SharePoint, Outlook and word. Later this year, DocuSign plans to release an appropriate user interface, integrated dashboards, and automatic data synchronization between Sharepoint and eSignature envelopes.
- DocuSign CLM for Microsoft Word: This connection allows users to access a library of legal clauses and an AI-powered risk performance table from within Word. By the end of this year, interoperability of Word and CLM comments will be added to align the negotiation process between the two systems.
- DocuSign eSignature for Power Platform: Today, the solutions enable organizations to create automated subscription workflows using the Microsoft Power Platform, which includes pre-built templates in Power Automate.
- DocuSign eSignature for Dynamics 365: This integration helps sales teams close deals faster and gives sales leaders greater visibility into the status of the subscription process. User interface enhancements to further increase the productivity of sales reps are also being developed.
This agreement reinforces the DocuSign Agreement Cloud as a Preferred Solution on Microsoft AppSource, which represents a commitment to quality, performance and the ability to meet the needs of mutual customers.
As part of the agreement, Microsoft and DocuSign will also expand the use of each other's products within their own organizations. Microsoft will adopt DocuSign products and services, including DocuSign eSignature and CLM, to streamline eSignature and contract management workflows. DocuSign plans to implement Power Platform to automate a wide variety of business dynamics, such as payroll processing, accounts payable management, and the employee experience, and will expand its use of Microsoft Azure to regions beyond Canada and Australia.
