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Today’s Tabbloid
PERSONAL NEWS FOR jason@echosign.com
But perhaps the most common theoretical use case is simply talking a
prospect or customer through a proposal or contract over the web, in
real-time. One new way to do that is leveraging Box.net’s existing
integration with EchoSign and its new integration with Fuze web-
meetings.
As the example in this post shows, now you can grab a contract or other
document on Box.net; review it in real-time with a prospect using the
Box.net-Fuze integration, together on the screen; and then sign the
contract and close the deal using the Box.net-EchoSign integration.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
“Pricing Models
EchoSign “Send” works great for documents you want to get signed. Use
We’ll see you there.
“Approve” when instead, someone has sent you something to sign.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
One of our trademark features since 2005 has been the EchoSign blue
border around the sides of each signed document.
We were extremely pleased to see that the debut episode of The
It’s an immediate visual sign to all parties the agreement has been Tomorrow Show on CBS was entirely about the Future of Paper
signed, locked down and finalized. It also contains hyperlinks to a full including the paperless office.
audit trail for the transaction, so any party can click through the
Transaction ID in the blue border in any PDF copy and see exactly when Interviews included Jim Juzack, pictured left, who lives in a house made
the contract was created, viewed, signed, and countersigned. entirely of paper byproducts.
However, there are use cases where you may want this blue border As well as Doug Fink, President of the Pennsylvania Paper & Supply
removed, in particular forms you may forward to a commercial or Company of Scranton, PA (the geographical inspiration for The Office).
governmental institution unfamiliar with e-signatures.
Mr. Fink makes a strong point around the Paperless Office. He argues
(as head of a paper supply company) that “we won’t be completely
paperless for the next few generations”. But, interestingly, he notes and
Making the change is easy — paid accounts can just go to the Account admits his company is almost entirely paperless for its backend
tab, and under Signature Preferences, you’ll see an option to remove the processes — and its accounting department “retains no paper”.
border and EchoSign ID.
When The Pennsylvania Paper & Supply Company is “paperless”, you
know it’s probably time for the rest of us ...
When combined with our biometric signature option, you can then close
transactions that will look, act, and feel just like ink-and-paper ... with all
the convenience of a 100% web-based signing process.
The electronic signature stamps in the documents will still link to the full
audit trail for the document for reference purposes, so no functionality is
lost.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS use electronic signatures to for the very first time, bring real-time
visibility and status to the contracting process:
Radio America Features
EchoSign
AUG 12, 2009 11:32P.M.
“This is where I got the major “aha” over the benefit. Records
handling and archiving has become largely electronic which provides
significant benefits and cost reductions to firms. The signature has been
the last remaining vestige of the analog world as I mention up front. Now
that vestige goes away opening the complete life cycle of transaction to
electronic storage, either on premise or in the cloud. You can now get
RSS alerts of all aspects of a contract, email alerts as I did on the status,
reports can be generated real time on contract status. It allows for the
transparency of enterprise 2.0 into the contracting process.
We were very pleased to have been profiled in depth by Intuit’s AppGap. Now it’s even smoother to add your “handwritten” signature on your
iPhone (should you choose to do so) — or just use the virtual keyboard.
They focused particularly on the “Echo” part of EchoSign — the ability to
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
________________ Chris Lindsay, responsible for 1.2 million SME relationships at BT, had
some great statistics:
B/OSS: Closing the Deal With adds up and affects your cash flow. The quicker the
contract is signed, the quicker we can rate the bill and
EchoSign the quicker we can collect the cash.”
AUG 04, 2009 09:22P.M.
He said he went with EchoSign because of two
qualities: Speed and simplicity. “It was the speed in
getting started using it and the simplicity of actually
doing what it said.“
More here.
B/OSS (Billing & OSS World) recently profiled EchoSign’s success in the
telecom space, highlighting customers including BT, Comcast, Alltel,
Qualcomm, Abica Telecom, Time Warner, and others.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
EchoSign Forms-Salesforce
Data Connector 2.0 Our “widget” functionality has allowed EchoSign Enterprise customers
AUG 04, 2009 01:50A.M. to embed PDF forms to fill out, review, and e-sign on their own websites
for over 2 years.
Until today, though, the technology generally required the use of Adobe
Reader by signers. No more.
Now, you can embed any form contract on your own web site; have your
For our EchoSign-for-Salesforce users, we’ve signficantly enhanced the customers review it, fill in data, and then electronically sign it — even
ability to take data inputted from forms and push that data into with a written signature, using their mouse — and see the signed contract
Salesforce. appear right on your own website.
This functionality has been available on a limited basis for quite some Our signing wizard which tells your customer exactly where to sign,
time, but now we’ve connected Salesforce.com together with our latest initial, and fill in data also works right inside our widget as well.
web forms for something quite powerful. Now, EchoSign can take any
form (web or PDF), collect data from your signer/customer (e.g., start A very basic example is here.
date, address data, P.O. contracts, anything) and automatically push that
data into mapped fields in Salesforce. No rekeying of any data entered
into forms.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS Business is lost. No visibility or status. It’s just plain sad.
EchoSign-for-Clunkers In fact at EchoSign, we’ve just had our best month ever, and 10% of our
AUG 01, 2009 12:06A.M. new revenue in July came through contracts e-signed after 6pm on the
last day of the month. And a number of our customers emailed us today
to tell us about deals they’d closed on EchoSign that just wouldn’t have
closed otherwise.
So trade in that analog fax machine fast. (Hopefully, we’ll make it more
than 5 days with this offer.)
With the $1 billion set aside for cash-for-clunkers have been burnt
through in less than a week, and even another potential $2b likely to be
gone by the end of the month, we thought we’d try to do our part.
Like cash-for-clunkers, the analog fax machine will need to be destroyed, To many of our longtime users, the idea of signing with a signature pad
to avoid forcing the same fate on a subsequent owner. on EchoSign may seem downright odd ... why use a signature pad when
you can sign with just a browser, a Blackberry, or an iPhone?
We’re not against fax per se at EchoSign — we view fax as an important
and integral part of the signature and document process, and one used
by millions every day. In fact, we natively integrate several electronic fax
services — and offer our own option for fax signatures. For most transactions, you wouldn’t. But for (x) internal signatures, and
countersignatures, (y) where you want to use our Biometric Signature
But what’s clearly as big a clunker as that 22’, 8 mpg Ford Excursion option, a signature pad can be an even easier way to sign a large number
clogging up 2 parking spaces is having a sales team waiting around an of documents than with a mouse.
analog fax machine at the end of the quarter or month, waiting for the
contract to come through. And you know — it often doesn’t.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
We’re pleased that Google chose to highlight and feature EchoSign and
EchoSign customer Patients Know Best, Ltd. as a customer success story
in its solutions marketplace.
The story is a good one of using, and trusting, the cloud to dramatically
enhance the contracting process:
Challenge
PKB is using Google Docs, part of the Google Apps suite, to
revolutionize the patient-clinician relationship in the UK.
Since so much of their service deals with contracts and
sensitive private information, it was important for PKB to
instill a strong sense of trust in users – for that, they turned
to EchoSign. “We need to have operational excellence and we
In our latest 5.1 release, EchoSign has been enhanced to make the need to be able to move fast,” says Dr Mohammed Al-
biometric, or handwritten experience, even smoother on both signature Ubaydli, CEO, Patients Know Best. “We have a lot of
pads and iPhones. documents, a lot of moving pieces, and employees spread
across 4 different time zones so we need operational solutions
that help keep us organized, let us move fast, and are
inexpensive.” ....
No need to change anything on your side — we’ll autodetect what you are
using and enhance the experience. More here.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
And while many of our workflows and nuanced features are only used by
our largest customers, our trademark ease of use — for the sender, the
signer, the manager, and his or her boss — is disproporrtionately
influenced by the sheer volume of our small customers. And that inures
to the benefit of users and customers of every size.
With the air starting to get a bit crisp at EchoSign headquarters, we’ve With EchoSign’s integration with Google Apps and Docs, you can now
kicked off our 2010 planning process a bit early. leverage the collaborative power of Google Docs to not only get contracts
signed, but first get comments, tracked changes, and “redlines”, from
There’s still a lot in store for 2009 (including a host of new features next your customers before they sign.
week) but one thing is clear: we’re going to stay committed to being the
fastest, simplest, most powerful way to sign contracts on the web. Here’s how:
What we’ve learned though is that for signing on the web, there’s a
symbiotic relationship between the enterprise and the SMB, and we
suspect it exists for somewhat similar, adjacent web services as well.
The largest enterprises have the power of not just the purse, but the
power of people. What that means is that it’s much easier to get their
structured feedback, their product needs, their input on tactical
directions for EchoSign. For example, with BT, we regularly have First, go to the EchoSign Send tab and click “View” next to the Google
feedback sessions from dozens of managers on improvements to the Doc you want your customer to be able to redline / mark-up.
system. Furthermore, larger enterprises have dedicated personnel
assigned to work through and review SaaS and other IT solutions. They
are able to provide a longer-term perspective on ways for us to improve.
EchoSign will then automatically open and bring up the document in
All told, all of our improvements driven by our large enterprise editable form inside of Google Docs.
customers also enure to our 9,000+ small business customers as well.
This is what one would expect of SaaS. _______________________________________________
That the small businesses also help the enterprise customers even more
may be less obvious, but in fact the large enterprises are the bigger
winner in this symbiosis. Because the reality is that while it’s easier for
us to get a rich level of long-term feedback from our enterprise
customers, the small businesses simply dwarf them in number. And
because they don’t have an IT desk, or a support team, or an apps group
— we hear the feedback directly, immediately, and loud and clearly,
every day.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
On Google Docs, click the big blue “Share” button, and pick the specific
option to “Get the link to share”.
Select the options “Allow anyone with the link to view (no sign-in
required)” and “Also allow them to edit“.
_______________________________________________
_______________________________________________
You’ll then be able to track in real-time any suggested changes from the
other party inside of Google Docs, and do real-time “tracked changes”
and compare your version to their suggested changes (click on the image
to the left to see an example).
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
EchoSign is now regularly used in over 100 nations across the world.
Our top countries by users, in order, are pretty much what you would
expect: the U.S, the United Kingdom, Canada, Australia, India, Germany,
France, Netherlands, Ireland, Spain and Sweden.
______________________________________________
In the short-term, the biggest questions around global e-signatures and
e-contracting are around legislation. A basic overview of e-signature law
in North America and Europe is here (note: PDF), and please contact
support or your EchoSign rep for a more detailed primer and best
practices guide to deploying electronic signatures globally.
Beyond legislation though, looking forward a few years, the bigger issue
for global electronic signatures is likely going to be how billions of people
worldwide interact with and use the internet. The current paradigm is
based around email (for notification) to a PC-based web browser (for
signing) with a secondary mobile signature option. This works well for
the above countries.
We’re laying the groundwork now not only for the way people sign on the
web today, but also how they’ll be signing in 2013 across the world. Look
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS for more here, with initial steps beginning in our next release in mid-Q3
2009.
E-Signing Across the Globe, and
in 2013
JUL 16, 2009 03:02P.M. ECHOSIGN TIPS AND TRICKS
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
There are now two ways to “store” your form documents on EchoSign, Three months ago we looked at the aggregate, anonymous opt-in
edit or update them to finalize, and then send them out for signature. EchoSign benchmarking data and declared, a bit ahead of the market, a
“return to normalcy”.
The first way is through our Document Library, where you can upload
documents you use again and again — and share them across your We made no claims about the underlying health of the economy in Q1,
company. In the Doc Library, you can also optionally add fields to be but made strong data-driven claims from our benchmarking data that
filled in before Sending if you like (e.g., price, amount, address of signer, sales teams across the country were seeing a return to normal business
etc). processes after the post-Lehman paralysis in Q4 and early Q1.
Tech Outperforms So Q1 saw a return to normalcy. Q2 saw tech lead the way in pulling out
of the recession. But the rest of the economy seems to not yet have
JUL 10, 2009 01:57P.M.
followed tech’s lead.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS increased by 30 percent from April to May, continuing
a trend for the company, and many of the company’s
InsideCRM: “EchoSign Thrives new customers came about “virally” after they signed a
in the Era of Quick Time-to- document electronically. “Our goal is to acquire 70
percent of our customers virally,” Lemkin says.
ROI”
JUL 07, 2009 08:11P.M.
Why is Echosign doing well? They’re one of an
assortment of CRM “peripherals” that are
doing well in the recession by providing very
fast return on investment for relatively little
expense. “It absolutely makes sense that there’s an
acceleration of interest in tools that are instantly ROI-
positive,” Lemkin says. The trick is making sure that
the prospective users understand the value of the
technology in question.
So it was great to hear just how much, and in what ways, 60-year old
Upstate Cerebral Palsy had done with EchoSign to automate its signature
EchoSign allows subscriptions to start earlier,
process:
to close customers who might otherwise be anxious
about completing contracts, and feeds data about
unsigned contracts to sales reps, who can then
proactively work on the final step in the sales process. “Each month we had 3-400 documents that needed
internal signatures, and the manual process to collect
signatures was not working.” Bruce implemented an
EchoSign has had a good year, says Lemkin – sales
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
online system using forms created by Acrobat and You can now select Advanced signatures, which allow an instant script
stored centrally online. However, users had to open a signature placed anywhere in the document, or if you want, Handwritten
biometric signatures, where signers can sign with a mouse.
form, complete it offline, re-attach, and email it off for
one or more signatures that repeated the process.
There are two ways to pick an Advanced signature. First, you can do it
“This was better than our volunteer courier system,
for any document on a one-time basis just by clicking “I would like to
but not by much because many of our users had old position signatures or add form fields” on the Send page:
versions of Acrobat and not everyone in the
organization had email.”
They went on to take a user-poll and share the results back with us:
EchoSign has added two powerful new ways to sign in addition to our
trademark Instant e-signatures.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
EchoSign Spring/Summer 2009 Atlantic Realty has been doing business for over 25 years, renting out
vacation homes and doing business with good old pen, paper, paper ads,
Release Launches and the telephone:
JUN 22, 2009 01:03P.M.
“There’s a lot of paperwork associated with the vacation rentals. “We
EchoSign’s Spring 2009 release is here. The theme: Sign the Way You send out about 20 contracts per property,” says Nancy Beasley, Property
Want. Manager. “During our reservation high season, from January to June, we
probably send close to 1000 documents per month.” During the balance
E-Sign, Fax Sign, Mobile Sign ... as well as a slick new Biometric of the year, Atlantic Realty sends out approximately 500 documents per
Handwritten Signature option so you can sign right with your mouse on month to home owners and guests.”
the screen!
They learned about EchoSign from a trusted advisor, and decided to take
And forms go 2.0 with a native PDF-to-HTML form editor, so no more the plunge.
need for Acrobat ... and if you have PDF forms, we’ll webify them
instantly, on the fly! ““EchoSign was very easy to implement”, says Nancy. “We had one
training session ... and we were ready to go. Our agents still tell me how
A preview video is below and a tour of the major features is on the easy it is to use EchoSign.” Now, Atlantic Realty is sending out 99% of
Summer09 blog here. their documents for electronic signature and only 1% for fax signature.
“Most of our customers are very comfortable with electronic signatures.
However, EchoSign’s fax capability is great for those [1%] that want to
sign the ‘traditional’ way.”
So what’s changed for a 25 year old property rental business like Atlantic
Realty? Well the properties haven’t. Most of the vacation homes in Kitty
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS Hawk, NC are likely the same ones that were there three decades ago.
The principals are the same.
“After 25 Years, We’ve Gone to
But what has changed is how they get their customers. From the
99% E-Signatures” internet. So what would have seemed odd just 5 years ago — closing
JUN 20, 2009 11:25P.M. their customers over the internet — now becomes natural.
A good friend of EchoSign often takes the position that many of the users
Computerworld: “It Couldn’t Be
of web-based electronic signatures are very tech-focused, relatively early
adopters.
Easier” than with EchoSign
JUN 18, 2009 07:56P.M.
There’s some truth to that - we’re proud to count tech leaders like
Facebook, Iron Mountain, Citrix, Dell, SAP, HP and others as our
customers.
But the bulk of our customers are just seemingly ordinary businesses
that one way or another, do business over the Internet. This recent case
study from Atlantic Realty caught our eye and represents perhaps the
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
SaaS, web services, the Cloud, call it what you want. It’s for every
business now. Close in on the web with EchoSign.
”Nearly eight years ago Pearl Izumi Inc., the high-end apparel
maker for cyclists and runners in Louisville, Colo., shut down
its custom clothing business because it was not hitting profit
targets. Today, new services available online are making it
possible for the company to revive a proven revenue-
generating business, only this time with the expectation that
the profit margins are in line with corporate strategy ...
BT has just put up a terrific web presentation on how it and its
According to Regan, to make the high-end customization business unit a 1,000,000+ SMBs use best-of-breed SaaS/cloud computing applications.
success he needs online services that are “highly knucklehead resistant.” Highlighted are Salesforce.com, NetSuite, Sugar, Genius, Ribbit and
He describes his market as comprised of users, largely bike shop owners, EchoSign/BT eSignature.
lacking deep computer technical skills and are short on patience.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
to use Cloud Computing to expand the success of your sales and posts to buy and sell shares of some of today’s most exciting
marketing efforts and teams. private companies, including Facebook, LinkedIn, SolarCity,
Tesla Motors, eHarmony and more.”
To automate the contracts for the transactions, we’re pleased that Marketo: “We EchoSign’d the
SharesPost turned to EchoSign to make the process as simple and
efficient — and automated — as possible. agmt to the CFO. He signed on
his Blackberry. We Closed the
“Available today in public beta, SharesPost is poised to Deal.”
become the largest community for private equity transactions JUN 15, 2009 09:48P.M.
and the central hub for private company research and
valuation data. By offering independent third-party research
from Next Up! Research and VC Experts; escrow services
from U.S. Bank; and electronic signature from EchoSign,
SharesPost is providing the transparency and low-cost
execution required to drive market liquidity. The SharesPost
community has already seen an increasing number of new
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
We had a great visit with EchoSign customer Marketo, Inc. when Bill
Binch, VP of Sales and Customer Success, dropped by our offices a few
Thanks to the hundreds of you that joined Salesforce.com yesterday for
weeks ago. The full story is here, but some excerpts below:
their webinar featuring EchoSign and ServiceMax as Success Lessons for
Force.com/ AppExchange Entrepeneurs.
Both EchoSign and ServiceMax were named by Salesforce last year to the
• “We’ve seen the incidence of redlining on custom SLAs
“Best of 2008” Salesforce applications and Salesforce invited us to share
(service level agreements) reduced by 50-75% so we engage
our learnings.
less in contract negotiations, and experience a smoother
closing process” We’ll put the full video and slides up shortly and continue to answer all
follow-up questions.
• “Since using EchoSign, signed contracts are returned on
average in 2 days, with the fastest turnaround in 5 minutes.
There’s a two minute video tour if you click the above image, or go here
for a tour of many of the key new features. And highlights after the
break.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
processing last week and it’s over 247. I.e., there are over 247 ways faxes
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS come into EchoSign if your customer decides to fax sign instead of esign
— and that’s just one little piece of our system. Overall, we count almost
A Record May 6,000 workflows in our system, or 1 for every 1.58 customers ;)
JUN 01, 2009 09:50P.M.
So we can’t do it all. That’s where our friends and partners come in.
They leverage EchoSign in two ways — via our API, and in the Salesforce
ecosystem, via our Salesforce custom object (which eliminates the need
to even use our API).
Green shoots. We’ll take them these days where we can get them.
We wanted to update you and let you know May was a record month for
EchoSign. New paid customers were up over 35% from our previous
record, and we added another 50,000 new active users for the first time.
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS It indeed takes a village to do everything. We’ll keep you posted as our
It Takes a Village partners add high value workflow extensions like these to EchoSign.
One of the most common questions we get from financial analysts, Wall
Street, VCs, and others who do not actually use EchoSign is, “So what
else are you going to do? Redlining? Term extraction? Collaboration?
Seems like you’ve sort of nailed that signing stuff.”
We could, but it turns out just signing, tracking, and filing contracts the
exact way over 9,500 customers want it signed is pretty much an endless
job ticket for our engineers. It turns out that while the majority of
businesses use contracts to close their customers, they each do it slightly
differently. For example, we counted our workflows around inbound fax
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
“How I hired 9 people in 7 cities More here on making 9 hires in 7 cities in 21 days with Craigslist, Gmail,
Excel, Genbook, Comcast VOIP, and EchoSign.
in 21 days using EchoSign”
MAY 19, 2009 01:13P.M. Net results: 9 hires for $165. Disruptive technology indeed.
We’re not all quite like Mike yet. But we’re all getting there, on one path
or another.
This was simply a great and rather humorous post on how web services
can dramatically accelerate your business:
Given enough time, I’m certain I could have found people one by one,
but there was simply no time to do so. Instead of Dinner Impossible, this
was Hiring Impossible.
I turned to [six] low-cost and free tools online to find people, interview
them, and get them signed to a contract. I started on April 23 and got the
last contract signed on May 13. Here’s how I did it: ...”
EchoSign is extremely proud to announce that for a second year in a row,
More here with his nod to EchoSign: we’ve been named by JMP Securities to the “Hot 100”.
“6. Echosign.com. ... This application is so good, and so bullet proof JMP is one of the leading technology investment banks and each year
that it was worth the extra $15 to easily get e-signatures on the contracts. researches its list of the best privately held software companies.
It’s clear that this application could handle everything from a small
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
This is one of the great insiders’ awards, with the list including most of Network Solutions, one of the web’s early big success stories and its
the up-and-coming leaders in SaaS. Congratulations to our customers largest provider of domain names (among other key SMB web services),
who also made the Hot 100 — over 20% of the Hot 100 are our recently gave a presentation at the Sales Leadership Conference in Las
customers. Vegas on “Accelerating Sales with Sales 2.0 Solutions”.
Criteria for inclusion include momentum, customer success, and path to Network Solutions’ toolkit was interesting and reflective of where sales is
successful IPO. Seven of the 100 are already in registration for an initial today and is rapidly going:
public offering, even in these challenging times.
* Lead Generation: Enhanced with SalesGenie to search prospects
Key themes JMP found gaining momentum this year were: and leads dynamically
• Sales and Marketing Automation - which they call * Salesforce.com to manage prospecting, proposal generation, closing
“smarketing”. Leaders highlighted here include Eloqua, Genius, and account management
Jigsaw, InsideView and Marketo — all of whom are our customers -
congratulations! * Social Media tools such as Twitter and blogs to create communities
that strengthen your sales force
• Cloud Computing. OK, we get it ;) EchoSign customer
RightScale is highlighted, along with BlueArc and Parallels. and ..
• Analytics and Data Integration. * EchoSign to automate and ensure “quick and easy closes” (see their
demo above/left)
And thanks to you, our users and customers, for creating the traction and
goodwill to propel EchoSign to a second straight win here. Finally, Network Solutions noted that “Going Mobile” is the future of
sales. Indeed. We’re proud to support mobile signatures across almost
any browser-based device - Blackberry, iPhone, Android, etc. and offer a
unique mobile interface.
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS
What’s “Sales 2.0” today is rapidly simply becoming “Sales” as more and
Accelerating Sales with Key more businesses find, track, manage and close their customers on the
web. We’re proud to be the leading sales tool in closing contracts and
Sales 2.0 Solutions (or what business on the ‘net.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
Again, votes are much appreciated for the final round: BT @ CloudForce London: “Last
www.tie50.net/polling
Month, We Did 25,000
Contracts Using EchoSign E-
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS
Signature”
Simplicity + Value = No Brainer APR 20, 2009 03:04P.M.
APR 29, 2009 01:54P.M.
Bill Murphy, Managing Director of BT’s entire SME business, gave part
of the keynote together with Mark Benioff. You can see it here. Bill
describes why BT has made such a big investment in SaaS: “Speed.
Velocity. Agility. and Utility, all wrapped together in a very agile
At EchoSign, we’ve been doing this for quite a while. As our space fashion”.
continues to heat up, we’re staying true to our vision from 2005: to be
the easiest way to get contracts signed, tracked and filed. He then goes on to talk about eSignature and EchoSign at about 2:00:
What’s changed over the years is what it takes to make something “Last month, we did 25,000 contracts, all using [EchoSign] eSignature
“simple”. With thousands of workflows and dozens of ways to sign, we ... 2 years ago, all of that would have been post ... Our velocity is signing
have to keep on our toes to allow our users access to that power without contracts went from days and weeks to literally on average 40 minutes .
diluting the core — the ability for any two parties, of companies of any That’s a huge productivity burst ... And those are the things we’re looking
size, to get a contract signed in just minutes, or even seconds, on the at to transform ourselves, and deploy back out to our customers so they
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
can use them.” tools (including EchoSign) that fueled that growth.
See it below and more after the jump from BT and EchoSign at The interview is an interesting one, in terms of best practices in cold
Cloudforce. And don’t miss the Marc Benioff bear hug at the end of the calling, prospecting, enterprise vs inside sales, upselling, and much
video. Not sure our British colleagues knew what to make of it ;) more.
BT also did a tremendous job demo’ing EchoSign-for-Salesforce. He’s an AS: How did the Sales 2.0 technologies help you sell?
example from the BT booth: BL: Lots of ways. Jigsaw and Hoovers helped alert us to who the
players are in a given account. LinkedIn got us to the right people
faster and increases their response rate because an individual reaching
out to another individual makes the outreach more personal. EchoSign
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS accelerated the contracts cycle.
Using Sales 2.0 Tools to 10x the AS: What have your sales results been?
BL: When I started, we were producing $20,000/MRR. Two and a half
Productivity of Your Sales Team years later, with the same sales team, the productivity increased to
APR 18, 2009 09:23P.M. $700,000/MRR.”
The Sales 2.0 Advocate has a great piece entitled “The Emergence of the
Hybrid (Telesales/Field) Sales Rep” here.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
Having said that, there is still more that can be done. Going paperless by
using e-signatures is the low hanging fruit. But there are stil those pesky
servers. So we’ve gone Green 2.0 and 100% wind-powered.
The part that was of particular interest to us was the focus on the
To get that up to about 97%, we’ve done the following:
connection between contracts and doing business on the web. As the Biz
Jornal noted, “What do contracts and the Internet have in common? It’s
• Database and file enhancements to enable more customers / server
virtually impossible today to do business without them.”
Connect the Internet and contracts together ... as elegantly and simply as
your other web apps ... that’s not just interesting. That’s the present for
many, and the future for all.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
ECHOSIGN TIPS AND TRICKS those who see it as a key business enabler and one that further unlocks
the power in contracting and signing on the web. There are others who
Drag EchoSign to Your see “collaboration” as a bit of a Web 2.0 distraction, with the vast
majority of contracts being relatively formulaic, with no need to chat,
Browser’s Toolbar & Send Even interact, review or even redline.
Faster We think they both views are right — and so we work the way you work.
APR 14, 2009 04:21P.M. On that note, two interesting developments over the past week. First,
our friends and partner at Zoho launched Zoho Chat inside of Zoho
Writer. What does this mean for you? Well, EchoSign has been natively
integrated inside of Zoho Writer, the web’s leading standalone word
processor, since early 2007. With EchoSign-for-Zoho Writer, you can
collaborate on a contract together with your internal team (edits,
revisions, etc) or with a customer, and then get it signed in seconds with
the “DigiSign” link which directly links to your EchoSign account. Last
week, they added Zoho Chat to the mix, so you can now do instant-
messaging with your collaborators as well as you draft, iterate, and e-sign
a contract. Very cool.
Then, you’ll be able to instantly get to the Send tab in one click. You’ll
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS
save having to go to Home, or even having to log-in first.
Cutting Your Costs by 66% With
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS EchoSign and Best-of-Breed
EchoSign on “24” SaaS Apps
APR 05, 2009 02:53P.M. APR 02, 2009 04:32P.M.
It looks like there were several interesting dialogues on why SaaS and
web services adoption is really accelerating (beyond the hype), with real
ROI stories.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
“One CIO [on the panel] explained how he reduced his IT spend from With the release of anonymous opt-in benchmarking last fall, our users
$607K in 2007 to $259K in 2008 by switching to SaaS (Google Apps for have had access to unprecedented data as to what is happening in sales
gmail, videochat, documents, spreadsheets, charts, etc.). He adopted across their peer groups.
Netsuite as the core ERP/CRM application and picked other packages
like WorkOasis (facility management), Halogen (performance So what did we see in Q1‘09? A return to normalcy.
management), ADP (payroll. HRIS), and admin tools like Webex,
Echosign, eFax, Zoomerang, and VisualCV. His staff cost was Q3‘08 saw a huge huge push, but with an abnormal amount of
reduced from $166K in 2007 to zero in 2008. Hardware cost was contracting at the very end of the month as the economy began to fall off
reduced from $52K to $8K. His is a small size company selling exercise a cliff. Q4‘08 was the opposite: ennui, with usage dropping off toward
equipments. No wonder the first adopters of Saas are the small to the end of the year, when for the sake of our economy, we’d all hoped for
medium size companies.” a big end of the year push.
This is the heart of what’s happening. A combination of best-of-breed Q1‘09: back to business as usual, at least in terms of how we work and
web services — including EchoSign — cut this CIO’s IT spend in half, and sell. Yesterday (3/31), the last day of the quarter, was a record day for
his staff cost to, ahem, zero. Total savings: $514,000 a year, or a 66% EchoSign usage — but with the same general patterns we saw back in
cost reduction in his budget — with a positive impact on revenue. Where 2007 and Q1 and Q2 of 2008 ... relatively slow at the beginning of the
else can you cut costs in 2009, and also make more money by doing so? month, more contracts toward the end of the month, peaking toward the
very end of the quarter. In other words, what you’d expect in normal
sales, with folks trying to make quotas, cut deals, etc.
ECHOBLOG - ELECTRONIC SIGNATURE SOLUTIONS There’s no question times are challenging. An insta-cure would be nice.
But what most of us simply want in business right now is a return to
Q1‘09 for the 750,000+ normalcy. Understanding what the rules are, and how to play by them.
Understanding that the economy is working as expected, even in a
EchoSigners: A Return to recession.
Normalcy EchoSign leading indicators suggest we’re back on the path to normalcy.
APR 01, 2009 02:55P.M. That’s a good thing.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
For our customers, users and friends across the pond, please come see us
at Cloudforce 2009 in London on 7th April.
Well, luckily The New York Times agrees with our broader view and
highlighted EchoSign as one of the three killer apps for using Web 2.0 to
We’ll be hosted by our customer and partner BT (British Telecom),
Solve Problems. Subtitled, “Surprise! Web 2.0 does more than social
which has over 5,000 sales reps using EchoSign. In the U.K., BT also
networking”, the piece has a great interview with one of our customers:
resells a U.K.-localized version of EchoSign as “BT eSignature”. BT
eSignature will be prominently featured in their center pavilion at
Cloudforce 2009.
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Today’s Tabbloid PERSONAL NEWS FOR jason@echosign.com 20 August 2009
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