App of the Week / EchoSign

Accounting Technology writes: As more practitioners are accessing documents via their mobile devices, so grows the need for electronic signature applications like EchoSign, which is now directly integrated with Adobe and allows users to get documents signed right from your iPhone or iPad.

EchoSign

EchoSign was purchased by Adobe in 2011 and has since integrated it into their products, as well as integrations with GoogleApps, as well as many accounting, CRM, and ERP systems.

EchoSign for iOS lets users get legally binding e-Signatures in minutes with the ability to sign right on the screen; send documents for signature from the EchoSign library, photo album, or email attachments; attach documents from Acrobat.com, Dropbox, Box.net, or Google Drive; track progress and manage agreements; The app is also compliant with the Federal eSign Act, UETA, and the Electronic Commerce Directive. EchoSign claims to provide protection for both the sender and the signer during the signing process including key authentication and privacy, fraud protection, and consumer disclosure.

EchoSign is currently on version 2.0.3 and is free in the Apple iTunes Store

Pricing / Subscription Options for EchoSign

• Free: Free (1 user)
• Pro: $14.95 / month (1 user)
• Team: $40-180 / month (2-9 users)
• Enterprise: $299 / month (10 users)
• Global: starts at $399 / month (10 users)

Using a platform like EchoSign has a number of significant benefits.

Signing Contracts Before EchoSign:

Send contract to client, either by email, fax or courier. They must receive, and in many cases print, the document, then review and sign it. Once signed, they needed to either scan, fax or ship the completed document back. Because of the time involved, signed contracts often sat for days before being returned. And even after they were sent, delays like weather, poorly addressed packages and delays on the recipient's end often consumed even more time. Once received the documents needed to be reviewed and filed.

Signing Contracts With EchoSign:

Contract is sent, received, signed, tracked and returned - all electronically. And often within the same day. From a business perspective, the time savings alone justify the expense. EchoSign shortens the sale cycle thus increasing profitability.

Using a contract signing / management tool like EchoSign is great way to improve daily operations in your online business. Learn how to start an online business.

Problems solved by using EchoSign:

• Delays due to shipping
• Delays due to contract recipient
• Extra shipping and time expense

Benefits to Using EchoSign

• Everyone receives a completed pdf file of the contract once it is signed. Contract signing timeframes reduced from weeks to just a few hours. The average time to a signed contract is just 42 minutes.
• Elimination of courier charges. When a single contract needs to be sent it could incur transport costs of roughly $40 ($20 each way). If a company has to process multiple contracts per month, this becomes a significant expense. There are no shipping or signing fees with EchoSign.
• Organization of Contracts. The EchoSign dashboard manages all new, pending and closed contracts. It archives past contracts for easy management.

EchoSign is marketed as: "The Easiest and Fastest Way to Get Contracts Signed".

Some Impressive EchoSign Statistics

• 6,000,000 Current Number of Active Clients
• 42 minutes average time to signed contract
• $900 million closed each month
• 97% customer recommended

EchoSign Works With the Following Applications and Platforms:

• SALESFORCE
• GOOGLE APPS
• NETSUITE
• SUGARCRM
• SAP CLM
• APPLE IOS
• MICROSOFT DYNAMICS CRM

While EchoSign is a good tool for companies who sign the occasional contract it is indispensable to companies that handle contracts on a weekly or monthly basis. Using EchoSign will save hours of labor and hundreds (even thousands) of dollars per month.

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