SINGAPORE
- Media OutReach - 14 April
2020 - Fuji
Xerox Asia Pacific announced today that it has partnered with DocuSign, the global leader in the eSignature market, to deliver DocuSign's industry
leading eSignature and Contract Lifecycle Management solutions to the APAC
market.. This partnership will see Fuji Xerox develop its direct
sales and implementation services for the APAC region.
DocuSign's Contract Lifecycle Management solution digitizes
the entire lifecycle of contract execution, before and after signing, featuring
a flexible, configurable workflow that allows users to automate even the most
complex agreement processes. Implemented together, eSignature and Contract Lifecycle
Management solutions allow users to expedite contract approvals securely and
offers them a true digital contract experience with encrypted and secure
digital signing.
The solutions offer multiple advantages over manual
processes, including reduced legal costs, location flexibility, easy contract
renewal, reduced paper waste and improved organization-wide overviews of all current
and past contract agreements.
The combined deployment of eSignature and Contract
Lifecycle Management solutions also create a secure, streamlined cloud-based platform
that unifies all business process. In addition, it provides track changes
functionality, reducing reliance on email communications and the associated
risks of managing negotiations and contracts across multiple channels.
Recent market trends have shown a rapid growth in the
industry. The eSignature market is expected to grow by 39 percent in 2020. By
leveraging eSignature software, businesses stand to benefit from 55-78.62 percent
in total savings[1].
Modern Enterprise-grade Contract Lifecycle Management has also emerged as a
priority for many businesses, and effective contract management is important to
the commercial success of any business[2].
"Fuji Xerox is an industry leader and the ideal
partner for DocuSign to showcase how its software enables businesses to easily
innovate old, manual paper-based processes and deploy a digital, paperless
solution, from eSignature right through to contract automation and lifecycle
management. We are eager to work with Fuji Xerox to spearhead a global shift to
more streamlined digital models of business processes," said Brad Newtown, Vice
President at DocuSign APAC.
"The partnership with DocuSign underscores Fuji
Xerox's commitment to our customers in helping them communicate better through
automation of their contracts and related documents," said Amane Inoue,
Corporate Vice President and Executive General Manager, Advanced Industrial
Services Business Group, Fuji Xerox Co., Ltd. "As more businesses make the
shift to digitize their business processes, Fuji Xerox is well-positioned to
stay ahead of the curve on enabling our customers with innovative and
comprehensive solutions to help them improve efficiency, lower operating costs
and transform manual processes."
Xerox,
Xerox and Design, as well as Fuji Xerox and Design are registered trademarks or
trademarks of Xerox Corporation in Japan and/or other countries.
[2] Gartner. (2018). IT Market Clock for
Procurement and Sourcing Solutions
The issuer is solely responsible for the content of this announcement.