Docusign CLM Connector for Coupa Certified as Coupa Total Spend Management Platform Ready
Rhea-AI Summary
DocuSign (DOCU) announced that its CLM Connector for Coupa is now certified and available in the Coupa App Marketplace. The integration connects DocuSign's CLM with Coupa's Total Spend Management platform, enabling automated procurement contracting workflows. The connector allows procurement teams to automatically generate contracts in DocuSign CLM from Coupa purchase requests, with data seamlessly synchronized between both platforms.
The integration streamlines contract creation, negotiation, approval, and signature processes while reducing manual data entry errors. Procurement teams can access completed contracts and their details directly through the integrated platform, providing improved visibility and efficiency across the organization.
Positive
- Integration provides automated contract generation and management between Coupa and DocuSign platforms
- Reduces manual data entry and associated errors through automated data synchronization
- Improves workflow efficiency and transparency across procurement contracting processes
- Expands DocuSign's market reach through Coupa App Marketplace certification
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, DOCU gained 2.31%, reflecting a moderate positive market reaction.
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The Docusign CLM Connector for Coupa is now available in the Coupa App Marketplace, enhancing Coupa's platform with faster and more automated procurement contracting
With the Docusign CLM Connector for Coupa, procurement teams can collaborate seamlessly with legal and other departments for quick contract creation and signature through Docusign CLM. The Docusign CLM repository also delivers a single source of truth for all completed contracts across the business.
"By integrating Docusign CLM into the Coupa Total Spend Management platform, we're giving our customers a fast and streamlined procurement contracting experience that minimizes errors and increases visibility," said Dmitri Krakovsky, Chief Product Officer at Docusign. "We're excited to be a part of the Coupa App Marketplace and look forward to working together with Coupa to transform the future of intelligent agreement management, not just in procurement but also across legal, sales, and other teams across the organization."
How Docusign CLM Connector works with Coupa
Procurement teams can submit purchase requests in Coupa, which automatically generates contracts in Docusign CLM. The contracts are pre-populated with data from the Coupa requisition and ready for negotiation, approval, and signature. Coupa contracts can also be automatically created using data from CLM agreements. After completion, relevant agreement details and links to signed agreements are seamlessly passed back between Coupa and CLM, giving Procurement teams instant visibility and access to the agreed upon terms and obligations.
This seamless automation across contracting workflows saves time by streamlining negotiation, approval, and signature across all teams involved. It also reduces errors by minimizing manual work, such as data entry – ensuring that data is never entered twice – and also improves transparency for all stakeholders across procurement contracting.
"Procurement and the teams they work with are increasingly being asked to do more with less, and to create more value for the organization. Innovative new workflow tools that deliver automation, increase capacity, and increase productivity are more critical now than ever," said Rajiv Ramachandran, SVP of Product Management and Chief Product Officer at Coupa. "We're proud to have Docusign on the Coupa App Marketplace to give our customers additional contract management capabilities, not only for procurement, but for the entire enterprise."
As a certified Coupa App Marketplace solution, the Docusign CLM Connector for Coupa meets the requirements established by Coupa through its App Marketplace Partner Program. The program enables software partners to build complementary solutions that easily connect into the Coupa platform. Customers benefit by extending the capabilities of their spend management platform and solve unique business challenges, while reducing the cost of third-party software integrations.
Learn more about how your organization can benefit from Docusign CLM and Coupa by visiting the Coupa App Marketplace listing.
Coupa and all Coupa logos are trademarks of Coupa Software Inc. All rights reserved.
About Docusign
Docusign brings agreements to life. Nearly 1.7 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people's lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign's IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com.
Media Contact
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SOURCE Docusign, Inc.
FAQ
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