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Docusign for Procurement Teams

Transform the source-to-pay process

Increase visibility into the full lifecycle of supplier contracts—including contract analysis—with Docusign. Connect and centralize agreements across your procurement processes to save time, control costs and decrease risk.

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Advance your goals

Protect your organization from supply chain risks and force majeure issues. Docusign can help you provide strategic business value, enhance the agility of procurement operations, and minimize risk, all while fostering better relationships with vendors and stakeholders.

  • Get to "Yes" faster

    Faster and better contract execution helps increase efficiency and reduce operational costs.

  • Improve outcomes

    Use AI-driven analytics to inform business decisions, respond to supply chain disruptions, and negotiate supplier terms.

  • Improve data privacy

    Tightly secure your vendor and contractual data, protect against breaches and maintain the highest standards for protecting data.

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How you can use Docusign

Streamline use cases across the procure-to-pay process with Docusign.

  • Vendor negotiations

    Eliminate errors and rework by automatically ingesting 3rd-party contracts and ensuring favorable terms (i.e. force majeure provisions).

  • Contract execution

    Save time and money throughout contract creation and commitment from the RFx process to automated routing for multi-party approvals and signatures.

  • Vendor management

    Discovery and report on agreements per party, date or contract type and get automated alerts on renewing or expiring vendor contracts.

  • Contract analytics

    Find and absorb contract terms and provisions that expose your business to legal, regulatory and financial risks.

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Florida State University flows 100k+ documents through Docusign every month

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How procurement departments use Docusign

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  • Spring Branch Independent School District

    $4M saved through digital procurement initiatives

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  • Missouri Department of Higher Education and Workforce Development

    > 78% quicker processing time for grants and procurement contracts

    "We’ve gone from taking weeks or sometimes a month to move things through the old system to completing contracts within three days with Docusign CLM."

    Author Rachel Hogrefe
    Rachel Hogrefe Assistant Director of Contracts
  • Wieland

    Slashed human effort in half, for a time savings of 1,200 hours annually

    "Docusign not only accelerates time-to-signature, it streamlines the entire contract flow for increased efficiency, cost and time savings."

    Author Michael Krupka
    Michael KrupkaManager of digital transformation
  • Specsavers

    Implemented electronic agreements across the company

    "It’s straightforward to use, people understand it, and the Docusign API works how we want it to work."

    Author Jamie Holden
    Jamie HoldenContract Manager
  • "Back then, before we had Docusign, our contract approval would take two to four weeks to get a contract signed. Now it’s a matter of minutes."

    Author Kevin See
    Kevin SeeDeputy CIO
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eSignature for procurement

Send and capture electronic signatures for supplier agreements in minutes from almost anywhere, on most devices.

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Additional Docusign products for procurement

  • CLM

    Centralize the generation, negotiation, and management of vendor contracts across the full contract lifecycle. Negotiate contracts with the power of AI.

  • Advanced Workflows

    Add more flexibility, control and ease to your eSignature workflows with conditional routing, signing groups and more.

  • Monitor

    Safeguard your supply chain and competitive edge by adding an additional layer of protection across 3rd party agreements.

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Whitepaper

Global Procurement Trends and Priorities

Delve into the research to learn how more than 800 procurement professionals are preparing for the future.

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Blog Post

6 Tips to Modernize the Contract Procurement Process

Learn how to streamline contract procurement to improve the experience for suppliers and vendors.

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Experience it for yourself

Modernize your approach to procurement with electronic agreements.

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Our team would love to help you find the perfect fit of products and solutions.