EchoSign Case Study: How Adobe Cut 2 Weeks From its Contracting Process

Mar 5, 2012Download as PPTX, PDF2 likes617 views

Adobe Procurement has seen a 70% improvement in contract speed since starting to use Adobe EchoSign in January 2011. The percentage of contracts completed within 7 days or less has increased from 54% to 79%, and the average contract speed in days has dropped from 17 to 6 days. EchoSign integration has provided benefits like easy mobile approvals, reduced paper usage, and happier suppliers who find the electronic signature process simple.

Adobe Procurement Contract KPI’s

70% Improvement in Contract Speed!
25 90%

22 79%
80%
76%
20 73% 74%
20
68% 70%

17
60%
54% 15 15 15
15 52%
56%
50%
14 51% 46%
% Completed in 7 Days or Less
40%
37% 11 40% Average Contract Speed (Days)
10 10
10

30%
8
6
20%
5

10%

0 0%
Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11

Adobe® EchoSign® | Web Contracts 2012

Adobe Procurement Operations

Maggie Hardin
Sr. Manager, Global Procurement Operations

Adobe® EchoSign® | Web Contracts 2012

Adobe Procurement Operations Background

 The majority of buy side contracts are created by Procurement staff
 Contract Volume Averages:
 North America - 395/quarter
 International – 165/quarter
 26 FTE’s globally are creating and sending contracts for signature
 Enterprise Contract Management tool is used for contract initiation, approvals
and archiving.
 Over 75% of buy side contracts are now signed electronically through
EchoSign.
 How do we determine if a contract is eligible for electronic signature?
 High volume standard contract templates are already preset for eSignature, no
determination required by the Buyer.
 All other contracts:
 Follow Legal policy on determining authorized document types
 Locate the governing law in the contract terms
 Cross reference against the acceptable form of signature chart

Adobe® EchoSign® | Web Contracts 2012

Benefits Achieved by Using Adobe EchoSign

 Improved contract return time – 1 or 2 days vs. 2 weeks or more. 79% of our contracts are completed
in 7 days or less.

 Easy to use for Suppliers - Supplier just clicks the link in the email and approves.

 Mobile approvals - PDF rendering of the document is easily viewed on a mobile device.

 Easy and efficient for signatories – Contracts can be signed from anywhere. Also very easy to
delegate.

 Integration with our Enterprise Contract Management tool - Some Contracts are filed in the system
automatically once fully signed.

 Reduced Headcount in Contracts Administration – Down to 1 FTE for Procurement contracts.

 Eco friendly – 80% reduction in paper and printing!

 Improved tracking and Management – Contracts tracked in EchoSign vs. manually in Outlook

 Reduced mailing costs

 Happy Suppliers

 “Wow this is a great system”. “We’ve been selling to Adobe for 10 years, and I have to say this is one
awesome process!”

 “I really liked how simple it was. Go Adobe!”

 “This is so exciting!!!”

Adobe® EchoSign® | Web Contracts 2012

Adobe Global Procurement

EchoSign
Document Exchange

Adobe® EchoSign® | Web Contracts 2012

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Talk at the final event of Data Fusion Dynamics: A Collaborative UK-Saudi Initiative in Cybersecurity and Artificial Intelligence funded by the British Council UK-Saudi Challenge Fund 2024, Cardiff Metropolitan University, 29th April 2025 https://alandix.com/academic/talks/CMet2025-AI-Changes-Everything/ Is AI just another technology, or does it fundamentally change the way we live and think? Every technology has a direct impact with micro-ethical consequences, some good, some bad. However more profound are the ways in which some technologies reshape the very fabric of society with macro-ethical impacts. The invention of the stirrup revolutionised mounted combat, but as a side effect gave rise to the feudal system, which still shapes politics today. The internal combustion engine offers personal freedom and creates pollution, but has also transformed the nature of urban planning and international trade. When we look at AI the micro-ethical issues, such as bias, are most obvious, but the macro-ethical challenges may be greater. At a micro-ethical level AI has the potential to deepen social, ethnic and gender bias, issues I have warned about since the early 1990s! It is also being used increasingly on the battlefield. However, it also offers amazing opportunities in health and educations, as the recent Nobel prizes for the developers of AlphaFold illustrate. More radically, the need to encode ethics acts as a mirror to surface essential ethical problems and conflicts. At the macro-ethical level, by the early 2000s digital technology had already begun to undermine sovereignty (e.g. gambling), market economics (through network effects and emergent monopolies), and the very meaning of money. Modern AI is the child of big data, big computation and ultimately big business, intensifying the inherent tendency of digital technology to concentrate power. AI is already unravelling the fundamentals of the social, political and economic world around us, but this is a world that needs radical reimagining to overcome the global environmental and human challenges that confront us. Our challenge is whether to let the threads fall as they may, or to use them to weave a better future.

HCL Nomad Web – Best Practices und Verwaltung von Multiuser-Umgebungenpanagenda

Webinar Recording: https://www.panagenda.com/webinars/hcl-nomad-web-best-practices-und-verwaltung-von-multiuser-umgebungen/ HCL Nomad Web wird als die nächste Generation des HCL Notes-Clients gefeiert und bietet zahlreiche Vorteile, wie die Beseitigung des Bedarfs an Paketierung, Verteilung und Installation. Nomad Web-Client-Updates werden “automatisch” im Hintergrund installiert, was den administrativen Aufwand im Vergleich zu traditionellen HCL Notes-Clients erheblich reduziert. Allerdings stellt die Fehlerbehebung in Nomad Web im Vergleich zum Notes-Client einzigartige Herausforderungen dar. Begleiten Sie Christoph und Marc, während sie demonstrieren, wie der Fehlerbehebungsprozess in HCL Nomad Web vereinfacht werden kann, um eine reibungslose und effiziente Benutzererfahrung zu gewährleisten. In diesem Webinar werden wir effektive Strategien zur Diagnose und Lösung häufiger Probleme in HCL Nomad Web untersuchen, einschließlich - Zugriff auf die Konsole - Auffinden und Interpretieren von Protokolldateien - Zugriff auf den Datenordner im Cache des Browsers (unter Verwendung von OPFS) - Verständnis der Unterschiede zwischen Einzel- und Mehrbenutzerszenarien - Nutzung der Client Clocking-Funktion

Technology Trends in 2025: AI and Big Data AnalyticsInData Labs

At InData Labs, we have been keeping an ear to the ground, looking out for AI-enabled digital transformation trends coming our way in 2025. Our report will provide a look into the technology landscape of the future, including: -Artificial Intelligence Market Overview -Strategies for AI Adoption in 2025 -Anticipated drivers of AI adoption and transformative technologies -Benefits of AI and Big data for your business -Tips on how to prepare your business for innovation -AI and data privacy: Strategies for securing data privacy in AI models, etc. Download your free copy nowand implement the key findings to improve your business.