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Aragon Research Highlights the Benefits of Digital Transaction Management

This is an exhilarating time for DocuSign. We recently hosted our annual DocuSign MOMENTUM conference in San Francisco where we were joined by over 1,200 kindred spirits working to fundamentally transform their businesses and “keep business digital.”

One of the most exciting things at the conference was the realization that collectively, we’re driving the emergence of a new category of business solutions called Digital Transaction Management (“DTM”).

Recently, Aragon Research, a leading technology analyst firm, released a report on DTM: “Digital Transaction Management: The New Way Ahead for Digital Business.” Click here to get the report.

Aragon defines Digital Transaction Management as

“…a new type of business application that uses cloud-based software and services to digitally manage a wide range of document-centric business processes involving people, documents, data and transactions both inside and outside the firewall.”

Highlights from the report include:

  • DTM will become a strategic imperative at large enterprises by YE 2015. The reason is simple: DTM affects virtually all aspects of how a firm is measured and evaluated for business success. Few technologies have such an impact. The impact is transformational and goes across most lines of business.
  • By YE 2016, 70% of large enterprises will have a DTM initiative underway or fully implemented.
  • ROI benefits can reach tens of millions of dollars per year, or from $5 to $100 per document, depending on use case and current processes, and translate into earnings-per-share benefits.
  • Except for the explosion of tablet computing, DTM is expected to grow faster than almost any other category of business. Aragon Research estimates that DTM will grow from US $500-700 million in 2014 to $30 billion by 2020.
  • It isn’t a matter of if enterprises will go digital, it is when.

We agree that DTM is fundamentally transformative to organizations – leading to significant ROI, better customer experiences, and compliance benefits. We’d encourage anyone interested in accelerating steps toward going digital in their organizations to read the Aragon Research report. DTM is a game changer.

Click here to access the Aragon Research report and let us know your thoughts on DTM in the comment section below.

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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.