Leading Firms Progress Towards Paperless Procurement

Leading Firms Progress Towards Paperless Procurement

Today, procurement plays an increasingly strategic role in every company. From RFPs and MSAs to supplier contracts and financing agreements, Procurement is responsible for the way organizations manage suppliers. Unfortunately, however, inefficient paper-based processes can tarnish the department’s reputation by generating excessive costs, unsatisfactory service levels and frustrating delays. A recent commissioned survey,* The State of Systems of Agreement, 2019, conducted by Forrester Consulting on behalf of DocuSign, found that almost half (46%) of respondents’ companies had experienced postponements in starting projects as a result of inefficient agreement processes in the past year, while 42% had experienced delays in recognizing revenue. At DocuSign, we know from our clients that modernizing agreement processes is key to achieving business priorities. That’s why procurement leaders are using technology to achieve greater efficiencies, secure the best products and services, and improve vendor relationships.

When you download this content, your data will be shared with our trusted partner DocuSign, who may contact you with further relevant information. I agree to receive marketing communications and promotional offers from DocuSign. By clicking the ‘SUBMIT’ button below, you accept the Terms & Conditions and acknowledge that your data will be used as described in the DocuSign Privacy Policy. For full details about how we process your personal data, please see the Procurement Leaders Privacy Policy.