Switching between Docusign and other essential tools during contract management can be time-consuming and disruptive. The constant platform switching not only hampers productivity but also elevates the risk of errors.

This highlights the need for a centralized ecosystem where contract managers can perform all contract-related tasks from one interface.

In this guide, we will discuss how the SpotDraft-Docusign integration solves this challenge and how it can benefit your organization.

What is Docusign?

Docusign is a leading electronic signature (eSignature) tool that enables individuals and business teams to securely sign, send, and manage agreements digitally. It eliminates the need for physical paper, ink, and mailing, making the signing process faster, more convenient, and environmentally friendly.

Here’s how it typically works:

1. Document preparation: You open Docusign and upload the documents that need signing. You add fields where signatories must input information, such as their name, signature, date, or initials.

2. Sending: You enter the email addresses of the people who need to sign the document. Docusign sends them an email notification with a link to the document.

3. Signing: Recipients click the link, review the document, and then sign it using their mouse, drawing on their touchscreen device, or uploading an image of their signature.

4. Management: Docusign tracks the document's progress, notifying you when each person has signed. Once everyone has signed, Docusign provides a secure and tamper-evident copy of the signed document.

Also read: The 11 Best Electronic Signature Software Platforms

How Docusign fares in contract management processes

Docusign has undoubtedly solidified its position as an industry-leading eSignature platform. It streamlines the crucial final step in contract execution, making it quick and easy for parties to sign agreements securely from virtually anywhere.

However, while Docusign excels in its core functionality, contract management extends far beyond the simple act of signing.

In traditional contract management processes, contract managers often find themselves juggling a disparate collection of tools to handle different aspects of the contract lifecycle. They might use one platform for drafting, another for negotiation and redlining, a separate system for storage and retrieval, and, of course, Docusign for signatures.

This fragmented ecosystem creates a significant operational challenge, as it requires constant switching between tools and platforms.

The constant toggling between applications is not only inconvenient but also inefficient. It introduces friction into the contract process, slowing down cycle times and increasing the risk of errors. Valuable information can easily get lost in the shuffle, and maintaining version control can become cumbersome.

To create a cohesive ecosystem that drives true productivity, there’s a need for a robust CLM that doesn’t only organize core contract management processes but also integrates seamlessly with tools like Docusign.

Also read: Contract Workflow: A Step-By-Step Guide

Introducing the SpotDraft-Docusign integration

“Leveraging a CLM has been key because it has reduced a lot of friction from handoffs between legal and business. Rather than going back and forth over email, Slack, Word, Zoom, Docusign, and a whole tech stack, the CLM acts as a single source of truth.”

~Jonathan Franz, Head of Legal, Crunchbase
Navigating Economic Turbulence and Thriving in Chaos

SpotDraft, a cutting-edge Contract Lifecycle Management (CLM) platform, addresses the challenges of fragmented contract management by offering seamless integration to platforms like Docusign.

Through SpotDraft CLM, you get access to robust tools and automation functionalities that optimize every aspect of the contract management process, from drafting and negotiation to storage and tracking. 

With its integration with Docusign, you can send contracts to counterparties, collect their signatures, and execute contracts at scale without ever leaving your SpotDraft interface.

Also read: 6 Must-Have CLM Integrations with Business Tools

Here’s how the SpotDraft-Docusign integration works:

1. You utilize SpotDraft for every other contract-related process—drafting, redlining, negotiation, etc.

2. When the time comes to collect signatures, you select Docusign as your eSignature service within your SpotDraft interface. SpotDraft automatically populates relevant signatory fields, including names and emails, allowing you to make adjustments if needed.

3. When you send the signature request, recipients will receive an email containing instructions for signing the contract via Docusign.

4. Once they sign the contract on Docusign, they'll receive a copy of their contract, and SpotDraft automatically updates the copy in its repository, giving you access to one source of truth.

Also read: Tools & Tips to Automate the Contract Creation Process

Features of the SpotDraft-Docusign integration

The SpotDraft-Docusign integration offers several functionalities that enable contract managers to achieve higher levels of efficiency and productivity.

Some of these features include:

#1 Automatic fields population

SpotDraft intelligently identifies recipient names and email addresses within your contracts, automatically populating the relevant signatory fields in Docusign.
This minimizes manual data entry, saving time and lowering the risk of errors. You can still review and adjust these fields before sending the contract for signature.

#2 Approver and signing orders

Before sending out your contracts, you can easily define the order in which recipients should sign or approve the document. This ensures a structured workflow and clarifies who needs to sign first.

#3 Automatic update of signed contracts

Once a contract is signed via Docusign, SpotDraft automatically updates its copy with the signed version. This eliminates the need for manual uploads or updates, ensuring that your contract repository always reflects the latest, legally binding version of each agreement.

#4 Real-time status updates

The integration provides real-time tracking of each contract's status throughout the signing process. You'll always know who has signed, who is pending, and who might need a reminder, allowing you to proactively manage the process and ensure timely completion.

#5 Third party contract  uploads

You can upload third-party documents, and SpotDraft will format them, making them ready for signing in Docusign. This flexibility ensures that all your contracts, regardless of origin, can benefit from the optimized eSignature process.

Want to see a quick demo? Click here to see the integration in action.

Benefits of the SpotDraft-Docusign integration

Integrating SpotDraft and Docusign offers a wide range of benefits, from improved productivity to accelerated approval lead times.

Let’s discuss this in more detail below:

#1 Access to one source of truth for contract information

With this integration, all your contract data—from drafts and negotiations to final signed agreements—is consolidated within SpotDraft. This eliminates the need to search through multiple platforms or folders, providing a single, easily accessible source of truth for all contract data.

You can easily track changes, view signatures, and access the latest version of any contract, minimizing the risk of errors and miscommunication.

#2 Accelerated contract cycles

 By eliminating the need to switch between different tools for drafting, negotiation, approval, and signing, the SpotDraft-Docusign integration significantly reduces friction and accelerates contract turnaround times. 

Automated workflows, pre-approved templates, and seamless eSignature processes eliminate bottlenecks, reduce delays, and accelerate the overall contract process, enabling your teams to close deals faster and seize opportunities more efficiently.

#3 Improved scalability

The SpotDraft-Docusign integration is designed to grow with your business. Whether managing a few contracts or a vast portfolio, the platforms’ scalable architecture ensures that your contract management processes remain efficient and effective as your business expands.

#4 Enhanced compliance and risk management

SpotDraft's robust compliance features, combined with Docusign's secure eSignature technology, ensure that contracts are executed in accordance with established best practices and legal requirements.

This lowers the risk of errors, disputes, and legal challenges, safeguarding your business interests and promoting ethical contracting practices.

Also read: What is Contract Compliance? The Ultimate Guide

#5 Data-driven insights

SpotDraft's advanced analytics capabilities provide valuable insights into contract performance, trends, and bottlenecks. This enables informed decision-making, continuous improvement of contract processes, and optimization of contract outcomes.

“Insights can help the legal team identify gaps in the system and work toward improving workflows and building solutions that would increase efficiency.”

~Igor Poroger, Director of Legal, EMEA, Vectra AI
How CLMs Empower Legal Teams in B2B SaaS Companies

Grow beyond the ordinary

The SpotDraft-Docusign integration goes beyond simply connecting two tools. It creates a harmonious ecosystem that simplifies the entire contract management process, enabling teams and businesses like yours to achieve greater efficiency, productivity, and compliance.

Want to learn more about this integration? Click here.

“I have seen a demo of SpotDraft’s CLM technology and they should be on your short list of vendors to talk to about a contract management system.”

~Sterling Miller, CEO and Senior Counsel at Hilgers Grabens PLLC
Ten Things: “Cool Tech” For In-House Counsel (2022 Edition)

If you’d like to get a first-hand view of how this integration can benefit your organization, click here to request a demo tailored just for you!