EchoSign E-signatures Integrates With SAP® Contract Lifecycle Management to Complete Contracting Process in the Cloud

SAN FRANCISCO, May 16, 2011 /PRNewswire/ -- EchoSign, the leading Web-based provider of electronic signatures and signature automation, today announced its e-signature solution is now integrated with the SAP® Contract Lifecycle Management (SAP CLM) application. This integration enables users to send contracts directly from SAP CLM and manage the contract lifecycle process from start to finish, completely within the cloud.

SAP CLM supports a company's entire contract management process, helping users realize full savings and revenue through contract visibility and awareness. With EchoSign's e-signature solution integrated with SAP CLM, the contracting process is streamlined to allow users to send contracts for signature with a single click and review and manage contracts directly from SAP CLM.

"We are pleased to provide this valuable electronic signature service to our SAP CLM customers via integration with EchoSign's e-signature solution," said Chris Salis, global vice president of procurement solutions, SAP.  "Our customers have a clear need for this type of easy-to-use signature solution. This capability will allow customers to rapidly finalize their agreements and quickly begin reaping value."

With EchoSign integrated with SAP CLM, customers can benefit from:

• The ability to send the document for either e-signature or fax signature with a single click
• The option to add multiple signers (e.g., signers from both within and outside the company) to the contract document
• The capability to easily and comprehensively monitor status after the document is sent out for signature
• An intuitive user interface to electronically sign the contract online
• A final PDF version of the signed contract document stored in SAP CLM

"The integration of EchoSign's e-signature solution with SAP CLM offers users advantages that quickly deliver results, such as increased productivity for procurement officers and contract managers worldwide," said Jason Lemkin, CEO of EchoSign. "The integration brings together two essential services into a seamless sourcing process, which makes doing business easier, faster and more efficient."

About EchoSign

In just one click, the EchoSign electronic signature solution automates the entire signature process from the request for signature to the distribution and filing of the executed agreement or form. With nothing to download, learn or install, there is simply no faster or more secure way to get your contracts signed, tracked and filed. EchoSign customers close more than $300 million in contracts each month with an average quote-to-close time of 42 minutes. EchoSign has won numerous awards, including a 2009 WizKids Award from Beagle Research Group, LLC and a spot on Red Herring's Top 100 Private Company listing. Salesforce.com twice named EchoSign as an AppExchange Essential and JMP Securities included the company in its "Hot 100 Report." More than 1.2 million users at organizations such as British Telecom, Comcast, Delta Airlines, GE Capital, Qualcomm and Time Warner Cable use EchoSign everyday. For more information and access to Web service, visit the website.

Sign up for a free trial of EchoSign, or register for a weekly webinar. Click here for a video demo of EchoSign.

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SOURCE EchoSign