Due Diligence Readiness Made Easy with ContractZen and Adobe Sign
The world of business is changing faster than ever before. Speed of the global trade is unseen at the moment. Competition and technology are driving the change that both big enterprises and small startups can find hard to cope with. At the same time, regulation and compliance matters are consuming more and more resources within organizations.
From startups to Fortune 500 corporations, company executives are responsible for proper management of the most important documents like contracts, board meeting minutes and other corporate documents. This task is getting harder as we speak. Studies tell us that, for example:
- The average number of contracts per company has increased 20% over the last five years.
- Document challenges are robbing organizations of 21.3% of their overall productivity (IDC).
- GDPR non-compliance fines up to €20 million or 4% of the total worldwide annual turnover.
- Poor contract management costs companies a massive 9% of annual revenue (IACCM).
- Large corporations lose a document every 12 seconds.
That is why we at ContractZen started our mission to help every company on the planet to take care of this task easier than ever before with the help of new technologies and innovations. Our all-in-one solution integrates easy-to-use contract management, all-digital board portal, virtual data rooms and more.
Integration Creates New Value
Adobe Sign and ContractZen have now combined forces and offer an integrated solution that speeds up your processes, enhances security and saves you a lot of working hours. Together, ContractZen’s metadata-driven document management and easy-to-use Adobe Sign, achieve the seemingly impossible: improved security, usability and compliance all at the same time.
With the integrated solution, the contracts and meeting minutes are easily created, signed and stored securely in Microsoft Azure datacenters. ContractZen cloud service will also send you reminders on important dates. And when you have to share documents with external users, you can set up a secure Virtual Data Room with just a couple of clicks and move through transactions quicker – saving you time and money.
Usability is the Key
Connect your Adobe Sign account to ContractZen easily in our in-app Store. If you do not have an Adobe Sign account yet, just click the link to Adobe Sign store and open one. Adobe Sign Enterprise plan is required to use it with ContractZen. https://acrobat.adobe.com/us/en/sign/pricing/plans-business.html.
Sending the contracts and meeting minutes for e-signature could not be easier. In the document view, just click Send for Signature, enter the recipients (if not already automatically added by ContractZen) and click Send.
After that, you can keep track of when people sign the document in real time. After everybody has signed the document, the advanced metadata-driven document management system in ContractZen makes it easy to find the contracts fast, and set the reminders for important dates like contract due dates.
Do you want to know how great it feels to manage your most important documents with ease and be due diligence ready every day? Experience the integrated solution from ContractZen and Adobe Sign at www.contractzen.com – read more at Adobe Document Cloud marketplace or Adobe Sign-ContractZen Solution Brief.
January 9, 2018