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DocuSign Gains Significant Visibility with Adaptive Insights

TMCnews Featured Article


April 17, 2014

DocuSign Gains Significant Visibility with Adaptive Insights

By Meenakshi Shankar, TMCnet Contributor


Adaptive Insights, a company specializing in cloud-based business analytics solutions, recently partnered with DocuSign, a developer of Digital Transaction Management platform, to allow the company to use its Adaptive Suite.

Adaptive Insights’ Adaptive Suite is a cloud Business Intelligence and Corporate Performance Management suite that delivers uni?ed planning, reporting, consolidation and analytics solutions suited for all types of business users. DocuSign started using this to gain greater insight into key financial and sales metrics within departmental budgets throughout the company.


"Instead of doing analysis, Finance would spend 80 percent of their time adjusting data and structure in spreadsheets," Mike Wong (News - Alert), senior director of financial planning & analysis, DocuSign said in a statement.

"Contrast that with 20 percent of their time currently. That extra time is now spent helping business owners understand and scale their business efficiently," Wong added.

In a statement, DocuSign also clarified that before implementing the Adaptive Suite, DocuSign was relying on spreadsheets for financial planning and budgeting which created several challenges for the company.

Foreseeing its future growth and business opportunities, the company was looking for a new solution that could meet key requirements including; the ability to streamline processes and improve decision-making; add visibility into bookings, resources, and revenue forecasts; give business owners visibility into headcount and requisition status; readily integrate with the company's existing human resource and finance applications; capacity to scale with and support DocuSign's global expansion.

Upon implementing Adaptive Suite, DocuSign indicated that it has achieved an 802 percent ROI within two months of use, and are saving an annual average of $269,000. Since the initial implementation, the company significantly expanded the use of the Adaptive Suite to include bookings, provide forecasted revenues, and create quota builds with multiple quarter-based reporting that have helped the company to meet and exceed forecasts.

The deployment has helped the company to gain greater visibility and productivity across the organization by providing managers and finance users with a cloud-based application that they can access from anywhere.

"We are thrilled to hear that an industry-leading company like DocuSign has received such significant value out of the Adaptive Suite, and even more encouraged by their expanded use of our solution over the last three years," John Herr, chief executive officer at Adaptive Insights said in a statement.




Edited by Maurice Nagle







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