Contact Information: For more media information, contact: Media Relations Upside Software Inc. Tel: (780) 702-1432 Fax: (780) 702-1438 Email: Email Contact Lisa Hendrickson Public relations for EchoSign Tel: (516) 767-8390 Email: Email Contact
Upside Software Partners With EchoSign to Deliver First Contract Management Service With Web-Based Electronic Signature Capabilities
| Source: EchoSign
EDMONTON, AB and PALO ALTO, CA -- (MARKET WIRE) -- March 23, 2007 -- Upside Software Inc. and
EchoSign, Inc. announced a partnership to integrate EchoSign's web-based
electronic signature service with Upside's contract management service,
enabling users to reduce the overall contract lifecycle by streamlining the
signing process. With the joint solution, users can sign contracts
instantly, with the e-signature capability powered by EchoSign.
At IDB's "Under the Radar" Office 2.0 event held today at Microsoft Silicon
Valley (Mountain View, Calif.) and at the International Association of
Contract and Commercial Management (IACCM) conference (April 11-13, New
Orleans), EchoSign and Upside Software will be demonstrating this new
integrated contract management service with web-based electronic signature
capabilities.
Upside Software, the leading contract & commitment management solution
globally, offers organizations the ability to streamline their entire
contract lifecycle, for all types of contracts (e.g. buy, sell and
non-monetary). Upside Software has about 200 customers worldwide in
virtually all industries. Now, with EchoSign fully integrated with Upside,
contracts can go from draft, to signed, to tracked and managed -- literally
in seconds, and with a complete and fully automated audit trail.
"To help organizations meet compliance requirements and also facilitate a
shorter contract life-cycle, the Upside/EchoSign solution ensures that
signed contracts are captured and included in a central repository for
evidentiary purposes," said Ashif Mawji, CEO of Upside Software. "As the
importance of proper governance, compliance and monitoring are being
recognized in companies globally, the benefits of our solution are
significant -- furthermore, the need for organizations to be competitive
means that a shorter contract lifecycle is highly beneficial."
The web-based EchoSign service enables users to instantly get contracts and
other documents signed from any browser, anywhere, without the hassles of
waiting for paperwork to make it back through the fax machines or overnight
mail. EchoSign's instant e-signatures and automated fax signatures make it
easy for mobile workers to close deals, approve expense reports and
authorize work from the road. EchoSign's customers have on average
brought their "quote-to-close" time down from a week or more to less than
45 minutes, thanks to its web-based service to finalize contracts.
According to Jason Lemkin, CEO of EchoSign, "With EchoSign fully integrated
with Upside, organizations can now go from creating a contract to having it
signed and archived in minutes, a huge productivity benefit from the hours
or days it used to take."
About Upside Software Inc.
Upside Software is the worldwide leader in Contract Lifecycle Management
(CLM) solutions. Customers around the globe use UpsideContract and other
integrated business solutions to confidently perform Contract Management,
Sourcing & Procurement, and Invoice & Billing Management activities
throughout their organizations. Upside Software's products address the
needs of Enterprise (e.g. Fortune 500, Global 2000), Public sector
(Federal, State/Provincial, Municipal and Health Care), and Small & Medium
Enterprise (SME) customers. Customers realize significant cost savings
while improving customer and supplier relationships. Upside Software's
solutions are deployed in as little as 3 days and typically provide a full
return-on-investment (ROI) in under a year. Founded in 2000, Upside
Software is a profitable, growing company with an advanced, yet mature, and
comprehensive product suite. The company has extensive experience
delivering real value to customers of every size and in most industry
verticals. Upside Software is headquartered in Edmonton, Alberta, Canada --
for more information visit the company's website at
http://www.upsidesoft.com/
About EchoSign
EchoSign is Web 2.0 Signatures. With nothing to download, learn or
install, there is simply no faster way to get your contracts signed,
tracked and filed. EchoSign has won numerous Office 2.0 awards including
Best of Show at Office 2.0 Conference; Judge's Choice from IBD
Network/Under the Radar; and Best Start-Up Honors from Sun Microsystems'
Start-up Camp. Already, thousands of businesses are using the EchoSign
service, including leaders such as BT, Brooks-Eckerd, Cisco Systems,
Network General, AtRoad and the University of California. More
information and the web service itself are available at www.echosign.com.