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All about E-Signatures, from Adobe, the inventors of PDF.
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© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
from Adobe EchoSign E-Signatures: The Who, The When, The Where, The Why, The How
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Adobe EchoSign: Who We Are
• Sign, Track and File, On The Web -- In One Click • 50,000 customers and 4,000,000 users • Customers Small, Medium and Largest
• #1 highest ranked on web (Alexa/Comscore/Compete);
• #1 highest rated on Salesforce ’06-’11 • #1 installed app for NetSuite • 100+ of Fortune 500 as customers
• The choice of the web: Google, Dell, Facebook, Intuit, Groupon, NetSuite, Citrix, Time Warner Cable, Comcast, Qualcomm, VMware, AMEX, Dow Jones, Twitter, Verizon + 50,000 SMNBs
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign, Inc. Confidential
E-Signatures: The Who
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign: The Way the Web Signs
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The Web Chooses EchoSign
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
E-Signatures: The How
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
API How it Works (1/2)
API Just e-mail out the contract from EchoSign.com …
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
API How it Works (1/2)
API or send from Salesforce.com, NetSuite, SAP, Google Docs, CLM systems, or 20+ others …
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
How EchoSign Works (2/2)
… Customer Signs Effortlessly – On the Web
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Sign the Way You Want
… Biometric Mobile Fax
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Widgets & API
… Or Sign Right Inside Your Website with our Widget (or API)
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The “Echo” Pt 1: Track Your Team’s Deals in Real-Time
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The “Echo” Pt 2: Automated Document Repository
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Full & 100% Automated Audit Trail
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Global Edition: E-Sign and Fax Sign Across the World
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Collaboration, Negotiation & Redlining
EchoSign, Inc. CONFIDENTIAL
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
E-Signatures are Even Fun
“Facebook: … It’s even fun”
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Be Careful With Your Electronic Originals
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign, Inc. Confidential
E-Signatures: The When
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
If You Haven’t Yet … Just Try It
• Set up a Free or Free
Trial Account
• You’ll either be hooked in 15 minutes – or you won’t
• Lots of power and workflows – but simple to get started
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign Today Already Integrated into 100+ Web Services
Use the stand-alone web app – or integrated into yours
• #1 Highest Rated Salesforce Integration • #1 Highest Rated NetSuite Integration • Native Integrations with SAP, Apttus, Upside,
Selectica, Emptoris, Exari, Google Apps, DropBox, Box.net, Evernote, more
• 50+ other 3d party apps have intergated EchoSign
• It’s Proven. It’s Easy.
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign Today Already Integrated into 100+ Web Services
E-Signatures Work the Way You Work
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
It’s Easy: Start Before, During, or After Any Integrations
• Deploy web version in
an hour / a day
• Get an Easy, Early Win For Your Org
• Integrate with SFDC/CLM/etc. when it’s / you’re ready
• It’s Proven. It’s Easy.
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign, Inc. Confidential
E-Signatures: The Why
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
2011+: All Businesses Are Being Run on the Web
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Web Signatures – We’ve Now The Entered Mainstream Phase
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
2012+: Business Contracts Require a Web Signature To Work
Web / Cloud- Based
Contract Creation
Web / Cloud- Based
Document Management
Web Signature
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign, Inc. Confidential
E-Signatures: The Where
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Best Practices for E-Signatures Across the World
U.S. (and Canada, U.K., Australia,
NZ, Singapore, Hong Kong, etc.): 100% same as ink under Federal E-SIGN Act, i.e. non-issue, for commercial contracts • U.S. E-SIGN Act (and EUTA)
compliance is simple and easy with EchoSign and compliant products
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Best Practices for E-Signatures Across the World
Rest of World More Nuanced • Choice of Law
Can Help
• “Two Tier” countries of Southern Europe
• Challenges in Brazil, India
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Best Practices for E-Signatures Across the World
Also consider using “biometric” signatures to get written signatures (as well as / as part of e-signatures) in Yellow / Orange / Red Countries
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign, Inc. Confidential
E-Signatures: Case Studies
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Todd Miner Head of Sales IT
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Buying Ads
• Self-Service • Online setup • Credit card payment
Connect with customers
• Insertion Order • Managed accounts • Contract with signatures
• Download, print, sign, scan, email
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign Helps Automate Contract Completion
Faster campaign setup
Sales Credit PYM Client Sign Rev Assurance
Sales
Credit
PYM
Client Sign
Rev Assurance
Before
After
Sum of all team approval times < 7 hrs
54% of clients sign in < 1hr
• Parallel approvals before client signature reduces time and eliminates churn
• Auto-approvals make it
even faster
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign Helps Close Deals Faster
And is fun
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Benefits for our Business
• Closed-loop • Contracts are returned
electronically without stray edits • Eases revenue assurance
approval
• Enables automation • Integrates with our workflow • Tracking and metrics
• Increases mobility
• No more tracking down approvers
• Flexibility to approve via phone
Speed and scalability
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Chris Bland Finance Manager
North American Operations Groupon
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Groupon Today
43 COUNTRIES
1000 unique deals per day
• Founded in Chicago in November 2008, Groupon is a shopping website that features a daily deal on the top goods, services and cultural events, spanning across 43 countries worldwide.
• Groupon is a win-win for local
shoppers and business owners. For the consumer, Groupon brings unbeatable deals on top local experiences – everything from restaurants and salons to skydiving, hotels and dentistry.
• For local businesses, Groupon has
changed the way they market themselves and drives new customers into their establishments.
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
How EchoSign Helps With Those Challenges
40
Merchant Experience
Sales Relationship
- 1,000 deals per day = 1,000 Contracts
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 41
Business Challenges
Why EchoSign? When we started contracts were simply an email template with some merge fields. Contracts were forwarded to an email address @groupon for archiving. This created a lot of problems and as we grew we needed a system that could keep up. Contracts are dynamically generated for multiple products for sales. They don’t have to remember who gets what type of contract, the system auto-generates it. (Daily Deal, GrouponLive, Groupon Getaways with Expedia) Contracts are stored directly with the opportunity, one place to look for all the information about that deal.
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 42
EchoSign Can be More than a “Contract” 1,000 deals means we have a lot of data to collect! We Simplify Data Collection for Sales How would you like to be paid? • By Check?
• Where should we send your check? • Who should we write the check payable to?
• By Wire? • Bank Account Details?
• What is your Tax ID Number? • Collected in a secure environment
By collecting this information from our Merchants at the time of the sale, we ensure accurate data in salesforce.com and save our Sales Team time and prevent mistakes.
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential. 43
Rollout and Adoption What departments think of EchoSign? Legal: Contracts in one location, secure signatures Sales: Ease of use, automatic data collection, intuitive, reminder emails Sales Team Mgmt.: Analytics on their Team, Who needs help? Who produces? Salesforce Team: Easy to Administer, Clicks not code, Technical Support
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Mark Brennan Director,
Information Services Pandora
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
Pandora
Personalized Internet Radio
Free – ad supported radio
Music Genome Project - founded 2005
Web + mobile + auto + CE devices
100 Million registered listeners
Listed NYSE – June 2011 – Symbol: P
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign: Making it all Quicker & Easier
Sellers need documents signed
Employees need to sign vendor agreements
HR and Legal need employees, candidates, vendors to sign our paper
We would be almost paperless….. Except for signatures + scans + PDFs + email back
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
August 2010 - Proposed Echosign
Showed it to a few employees
They asked to adopt right away
Snowball effect
Legal team is conservative: start simple
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
EchoSign – What We’ve Done so Far
Vendor agreements – some good adoption
Sales teams – coming ….
No software to install
Accounts provisioned via Okta single sign-on
Training is optional as product is intuitive
Audit trail + signed documents library
Easy templates: NDA, vendor / contractor agreement
Acceptance obstacles are few & clearing
© 2011 Adobe Systems Incorporated. All Rights Reserved. Adobe Confidential.
The Way the Web Signs! Adobe EchoSign