DocuSign Announces Integration with DocCentral, LPS Real Estate Group's Award-Winning Document Management Platform
Incorporating Electronic Signature Service into DocCentral Enables Real Estate Professionals to Expedite Sales, Cut Costs and Improve Customer Service
SEATTLE- August 25, 2009 - DocuSign, the industry-leading provider of on-demand electronic signature and electronic contract execution solutions, announced today its integration with LPS Real Estate Group Inc.'s DocCentral™ document management platform. LPS Real Estate Group, a wholly owned subsidiary of Lender Processing Services, Inc. (NYSE:LPS), integrates comprehensive marketing, productivity and business solutions for MLS and other associations, franchisors, brokers, agents and consumers.
By combining the strengths of DocuSign's electronic signature service and DocCentral's document management and sharing capabilities, contracts and other documents can now be executed, managed and shared via a secure Web environment. This enables busy professionals and their clients to efficiently complete files associated with buying and selling property, without being encumbered by faxes, regular mail and a myriad of paper documents.
"The overwhelming success of our individual products is a testament that real estate professionals, and the organizations that support them, are looking for ways to reduce paper while improving the security, workflow, and access to documents required for today's real estate transactions, as well as those used for internal operations," said Walt Clark, senior vice president of transaction and document management solutions with LPS Real Estate Group. "The integration of DocuSign and DocCentral will make it even easier to conduct real estate transactions while realizing the benefits of digital signatures and electronic document-sharing and retention."
Real estate transactions involve a lot of detailed paperwork and often have multiple signers who do not live or work near their agents and brokers. Signing in person or sending lengthy faxes back and forth is often inconvenient and time-consuming. By enabling agreements to be completed online, all parties involved in the process can securely access documents at their convenience from any location via the Internet. DocuSign's on-demand service is fast, easy to use, and dramatically improves the traditional signing process. To date, DocuSign has executed more than 37 million signature events and has more than 18,000 registered real estate professionals in the United States.
"DocuSign is the market leader for electronic signature - especially in real estate. Our award-winning product and support are ideally suited for real estate professionals." said Tom Gonser, founder and vice president of product strategy at DocuSign. "It was natural for the two companies to partner and offer our market-leading products to real estate professionals, who can close deals faster while reducing costs, eliminating errors and providing better service to their clients."
DocCentral is a simple, intuitive and cost-effective tool that allows real estate professionals to digitize, organize and share their documents. Documents are stored on secure servers and accessible online 24/7 by agents and the other transaction participants they authorize. By taking transaction documentation off laptops and out of filing cabinets, DocCentral eliminates redundancy, safeguards information and provides an audit trail for today’s increasingly complex real estate transactions. With DocCentral’s offsite storage, courier costs are virtually eliminated while customer service is enhanced.
Real estate professionals who manage and organize their documents on DocCentral can now automate the entire contract lifecycle and secure signatures in a more simplified and streamlined process than the traditionally slow "print-ship-sign-copy-return-scan-fax" cycle. From within DocuSign, users can quickly send documents for signature via e-mail. Once the forms are electronically signed, they can be automatically stored in DocCentral, where they can be accessed by authorized parties.
About Lender Processing Services
Lender Processing Services, Inc. (LPS) is a leading provider of integrated technology and services to the mortgage and real estate industries. LPS offers solutions that span the mortgage continuum, including lead generation, origination, servicing, workflow automation (Desktop), portfolio retention, risk management and default, augmented by the company's award-winning customer support and professional services. Approximately 50 percent of all U.S. mortgages, based on volume, are serviced using LPS' Mortgage Servicing Package (MSP). In fact, many of the nation’s top servicers rely on MSP, including eight of the top 10 and 14 of the top 20. LPS also offers proprietary mortgage and real estate data and analytics for the mortgage and capital markets industries. For more information about LPS, please visit www.lpsvcs.com.
The LPS Real Estate Group has relationships with more than 300 MLS organizations, 250 broker companies, settlement services companies, and more than 350,000 real estate professionals. The technology applications include innovative tools such as Paragon™; the reInsight™ collection; rDesk® Broker & Agent Suite of products; TransactionPoint®; DocCentral; Cyberhomes; the Real Estate & Living Media Network that generates revenue for its publishers; as well as a robust real estate property and tax database that includes 285 million residential and commercial property, ownership, sales, assessment and mortgage records. This represents detailed information on at least 92 percent of U.S. property ownership records in more than 2,000 counties with over 648,000 new ownership records added monthly. For more information about LPS Real Estate Group, please visit.
About DocuSign Inc.
DocuSign Inc. is the leading provider of on-demand software services for electronic signature and contract execution, empowering individuals, small business and global enterprises to operate faster, more efficiently and profitably with enhanced security and compliance. DocuSign is the only Web-based service to fully automate the entire contract execution process. To date, more than 25 million signature events have been executed using DocuSign. Experience the service at www.docusign.com, and for regular updates go to.
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