Welcome!

Blog Feed Post

DocuSign’s Procurement Adco Kickoff Meeting

 

A gentle hum of familiarity enveloped the room as I greeted old friends, colleagues and new acquaintances. Our guests mingled, exchanging opening thoughts before settling down for a provocative conversation on the future of Procurement. I took to the podium to set the stage knowing that this afternoon would be unique and memorable. 

A big thank you to all those who participated in DocuSign’s first Procurement Advisory Council (Adco), an invitation only event,  on the eve of “DocuSign MOMENTUM 2014”, our annual customer conference in early March in San Francisco. The theme of the conference this year was: “It’s not just a conference, it’s a community”; the Procurement Adco certainly reflected this. I am grateful to the 20+ participants, Procurement and Supply Chain experts, for sharing their experience and their enthusiasm, and for engaging in an ideation session to think wild-and-crazy ideas to make Procurement processes efficient and user friendly. Today’s “wild-and-crazy” is tomorrow’s normal and we are looking forward to building this future together. 

 

How the event came about

DocuSign has launched multiple Advisory Councils as forums for senior executives and thought leaders to come together in preparation for the 100% digital future of business. Council members explore both departmental and vertical use cases for Digital Transaction Management (DTM) – a category that DocuSign is defining to make enterprise processes efficient and to reduce transaction friction.

DocuSign Advisory Councils

 

The Kickoff Meeting

There was 400 years’ worth of procurement and supply chain experience in the room! It was a diverse group representing a variety of industry verticals including Bio-tech & Pharmaceutical, High tech, Financial Services, Telecommunications and comprising practitioners, analysts and academics.

We heard from two practitioners, both DocuSign customers, in how they had improved their Procurement processes to achieve results like:

  • Signatures obtained in less than a day for 82% of envelopes and less than an hour for 43%
  • Achieved goals of business simplification and pipeline acceleration
  • Eliminated the need to physically track or overnight documents
  • Moved from an average of 4 days per document signed to less than one hour per document signed

One presentation from a consulting firm focused on why and how enterprises are moving their Procurement function to the cloud. Midway through the program, we separated into three groups of 6-8 each to drive a focused discussion on the Chief Procurement Officer agenda for 2014, opportunities that DTM is making available and advise for DocuSign.  The facilitator in each group summarized the discussion to conclude the afternoon.

 

Emerging themes

While there were some interesting differences among the three groups, the following common themes emerged:

  1. Go Mobile – Vital for keeping up with the speed of business
  2. Simplify – Arguably the most important step towards the holy grail of a  frictionless workflow
  3. Value Creation – Intuitive products like DocuSign layer easily on existing investments (ERP, CRM, P2P etc.) and free-up procurement resources for more value add activities
  4. VelocityProcurement leaders must address the speed of their processes head-on
  5. Compliance – Make the right thing the easy thing to do

 

What’s next?

As the group packed up to head over to celebratory cocktails, I noted that they left in a flush of excitement, energized by the afternoon’s discussion. I bet they were thinking about what they would do differently when they got back to work.

One of the most interesting developments post Procurement Adco Kickoff meeting has been the publication of the following article by Bill McBeath of Chainlink Research. Bill has been a friend for over 10+ years and he agreed to join the Adco to learn about DTM. We at DocuSign were pleasantly surprised by his thorough coverage of Momentum. Thanks Bill! http://tinyurl.com/n2qnpru

We at DocuSign are headed to AribaLIVE in Las Vegas. DocuSign is the platinum sponsor and we will be doing a breakout session on Paperless Procurement which will highlight the DocuSign-Ariba integration. See you in Vegas and back here in the pages in the coming weeks. Please comment, your feedback is always welcome.

Blog Category:

Blog Image: 
DocuSign’s Procurement Adco Kickoff Meeting
Blog Banner Image: 

Read the original blog entry...

More Stories By An Bui

Social Media Professional with substantial experience identifying, characterizing and connecting online communities and authors. Strong orientation on actionable recommendations that provide mutually beneficial value for communities and organizations for stakeholders.

Currently, I serve as the social media manager for DocuSign, Inc., the market leader and global standard for electronic signature. DocuSign provides the world’s largest and fastest growing electronic signature platform, empowering businesses to complete transactions online quickly and securely while improving compliance and dramatically reducing costs.

DocuSign is the only cloud computing-based electronic signature platform that entirely replaces slow, expensive paper transactions with a fast, efficient and completely digital solution. Accessible from any Internet-connected device, DocuSign supports virtually any document and form type in simple and complex workflows, and provides broad user authentication options, data collection, secure document/data storage and retrieval, as well as real-time negotiation and collaboration tools.

Latest Stories
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
For better or worse, DevOps has gone mainstream. All doubt was removed when IBM and HP threw up their respective DevOps microsites. Where are we on the hype cycle? It's hard to say for sure but there's a feeling we're heading for the "Peak of Inflated Expectations." What does this mean for the enterprise? Should they avoid DevOps? Definitely not. Should they be cautious though? Absolutely. The truth is that DevOps and the enterprise are at best strange bedfellows. The movement has its roots in t...
DXWorldEXPO LLC, the producer of the world's most influential technology conferences and trade shows has announced the 22nd International CloudEXPO | DXWorldEXPO "Early Bird Registration" is now open. Register for Full Conference "Gold Pass" ▸ Here (Expo Hall ▸ Here)
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
Containers are rapidly finding their way into enterprise data centers, but change is difficult. How do enterprises transform their architecture with technologies like containers without losing the reliable components of their current solutions? In his session at @DevOpsSummit at 21st Cloud Expo, Tony Campbell, Director, Educational Services at CoreOS, will explore the challenges organizations are facing today as they move to containers and go over how Kubernetes applications can deploy with lega...
In their session at @DevOpsSummit at 21st Cloud Expo, Michael Berman, VP Engineering at TidalScale, and Ivo Jimenez, Engineer at TidalScale, will describe how automating tests in TidalScale is easy thanks to WaveRunner. They will show how they use WaveRunner, Jenkins, and Docker to have agile delivery of TidalScale. Michael Berman is VP Engineering at TidalScale. TidalScale is developing a scale up compute and resource architecture for customers to perform big data exploration and real time anal...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
I think DevOps is now a rambunctious teenager - it's starting to get a mind of its own, wanting to get its own things but it still needs some adult supervision," explained Thomas Hooker, VP of marketing at CollabNet, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"With Digital Experience Monitoring what used to be a simple visit to a web page has exploded into app on phones, data from social media feeds, competitive benchmarking - these are all components that are only available because of some type of digital asset," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
The “Digital Era” is forcing us to engage with new methods to build, operate and maintain applications. This transformation also implies an evolution to more and more intelligent applications to better engage with the customers, while creating significant market differentiators. In both cases, the cloud has become a key enabler to embrace this digital revolution. So, moving to the cloud is no longer the question; the new questions are HOW and WHEN. To make this equation even more complex, most ...
Recently, WebRTC has a lot of eyes from market. The use cases of WebRTC are expanding - video chat, online education, online health care etc. Not only for human-to-human communication, but also IoT use cases such as machine to human use cases can be seen recently. One of the typical use-case is remote camera monitoring. With WebRTC, people can have interoperability and flexibility for deploying monitoring service. However, the benefit of WebRTC for IoT is not only its convenience and interopera...
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...