DocuSign Inc.

04/16/2025 | News release | Distributed by Public on 04/16/2025 06:11

Agreement Desk: A Collaboration Space for the Contract Process

Creating new business agreements can be cumbersome and time-consuming. Those who manage the process are often drowning in an inbox full of requests, struggling to keep track of all of the latest versions, statuses, and updates. This results in slower contract processes that prevent businesses from moving as quickly as required, frustrating everyone involved.

All of the chaos of disjointed agreement management comes with a real and tangible cost: your company's time and money. The

National Contract Management Association
says it takes B2B companies 4-6 weeks to create new agreements. And the standard agreement goes through more than three iterations, averaging a cost of $1,700 to develop.

The traditional manual agreement process slows down everything from onboarding new vendors and kicking off strategic projects to closing sales deals, ultimately delaying revenue.

That's why we're excited to introduce Docusign Agreement Desk-designed to speed up the intake, review, and finalization of agreements, empowering procurement, legal, and sales teams to get things done faster than ever.

Agreement Desk is a central hub for collaboration and approvals, streamlines review and negotiation using automation and AI, and provides instant visibility for everyone involved in every deal, so no one is left wondering where an agreement stands.

Here's how Agreement Desk can help you make sense of your agreement requests and next steps.

Simplified intake

Even when a formal agreement process exists, there's a lack of visibility on the status of requests. This leads people to submit requests through unofficial channels, making visibility and scalability even more difficult.

Agreement Desk streamlines the agreement request submission process and provides a user-friendly access point. With no configuration or training required, Agreement Desk can be immediately utilized by your team, so making an agreement request is as simple as sending an email.

Then, that email is instantly turned into a trackable task on your dashboard. You can also configure and use customized forms to make sure you're gathering all the information you need to handle a request quickly-without all the frustrating back and forth.

It also takes the legwork out of tracking details-all activities are logged in the activity feed and key details like statuses and owners are easily visible to key stakeholders. That means less time giving people status updates and more time getting the agreement to the finish line.

Streamlined collaboration

Tracking changes across multiple stakeholders and review cycles can be tricky and can delay important contracts. Imagine how much more efficient your contract management process could be if all parties and stakeholders redlined, commented on, and edited in the same place in real-time. Agreement Desk makes this dream a reality by keeping all stakeholders in one place with centralized collaboration tools like commenting, redlines, and version control.

Work together from start to finish to close a deal from one centralized dashboard. As the process moves along, users can add and view details like status, owners, documents, approvals, and additional notes to make sure everyone's on the same page.

Accelerate with AI & automation

There are a million reasons why deals stall, and it can cost you big-both in terms of revenue and relationships. Agreement delays not only caused 21% of revenue to be deferred to the next reporting period, but 48% of sales professionals reported deteriorated customer relationships. That's a hard pill to swallow, so anything you can do to keep the agreement moving forward is paramount.

That's another reason Agreement Desk is a great addition to your everyday work space. It leverages AI and automation to speed up tasks and reduce manual effort throughout the agreement management process.

For example, users can use Docusign AI-Assisted Review to automate contract review with AI. You can review contracts against your organization's pre-approved playbooks and get redline suggestions to bring terms back into compliance. Additionally, by using Docusign Maestro, you can easily build and deploy automated workflows that accelerate your agreement processes without writing any code.

Enhance visibility

How many times have you struggled to get a timely update on the status of your contract? It's practically an inevitable reality of agreement management, but Agreement Desk helps to give everyone involved-especially the key stakeholders-total visibility into how in-flight agreements are progressing.

With just a few clicks, you can see all the necessary information, like status updates, due dates, and new drafts. Agreement Desk's dashboards and reporting capabilities give you both a bird's eye view of all of your agreements, as well as the ability to zoom in on individual details and statuses.

Agreement Desk: The future of agreements is here

Agreement Desk gives your team the structure and visibility you need to work more efficiently and get agreements ready for signature faster than ever. Even better, you can start instantly and tweak it as you go, so you can feel the impact of a streamlined process from day one.

Agreement Desk will be available in the US in July 2025. Reach out to your account team for more information.