Extra Space Storage Inc. Streamlines Contracting Workflows with DocuSign for Salesforce via AppExchange 2
Premier Self Storage Provider to Eliminate 350,000 Paper-Based Contracts Annually Using DocuSign Electronic Signature Service
SEATTLE – November 15, 2010— DocuSign© (www.docusign.com), the global leader in electronic signature, today announced Extra Space Storage selected DocuSign for Salesforce electronic signature management service to complete and sign approximately 350,000 leases annually online. Extra Space Storage, one of the largest owners and operators of self-storage in the United States with almost 800 facilities nationwide, trusts DocuSign to quickly, securely and completely transact contracts online from anywhere at any time. A DocuSign pilot program will commence immediately with a future roll-out expected to all Extra Space facilities. Built using Force.com, the enterprise cloud computing platform, DocuSign for Salesforce is immediately available for test drive and deployment on AppExchange 2 cloud computing marketplace at http://www.salesforce.com/appexchange/.
"Extra Space faces a number of challenges when executing lease agreements in multiple states with multiple jurisdictions. We wanted an environmentally friendly solution that was easy to implement and minimized legal risk," said Karl Haas, executive vice president and chief operating officer at Extra Space Storage. "With DocuSign, we get a green, intuitive solution, seamlessly integrated with Salesforce CRM. We can streamline our workflows as information is automatically captured by DocuSign and pushed into Salesforce, eliminating the need to store as much paper. And, every contract is legally compliant. It's a win-win for Extra Space Storage."
With DocuSign for Salesforce, Extra Space Storage will standardize leasing contracts more effectively. Contracts can be pulled and generated quickly within Salesforce with pertinent information pre-populated into the document. DocuSign for Salesforce is easily accessed within Salesforce, eliminating toggling back and forth from disparate software applications. The client receives an e-mail notification, is authenticated and then automatically navigated through the contract. Once completed, Extra Space Storage and the client have access to signed digital copies of the contract. The entire transaction can take minutes to complete from any laptop, PC or mobile device with Internet access.
"Today's customers aren't waiting at home for the contracts to be delivered. They're on Cloud 2 – they're mobile, using social networks and demanding real-time delivery of the contracts on-the-go," said Kendall Collins, chief marketing officer at salesforce.com. "By employing DocuSign for Salesforce, customers can now work through the contract workflow processes in the cloud without leaving Salesforce."
Extra Space Storage will reduce legal risk by automatically tying the right contract to the right jurisdiction in the right state and having a comprehensive and scalable records management system. Contracts will be easier to create and "sent" for electronic signature as encrypted PDFs, assuring security and eliminating possible redlining. Storing executed contracts will be quick and easy as all lease agreements will be stored digitally. With DocuSign, Extra Space Storage facility managers and clients alike will experience a fast and trusted method to complete lease agreements, thereby significantly reducing the time, environmental impact and cost of traditional paper-based processing.
"We are pleased to be the e-signature provider for Extra Space Storage and look forward to working with them," said Steve King, president and CEO of DocuSign. "We welcome Extra Space and anticipate an accelerated on-boarding of other technology enabled companies wanting to close business faster, easier and more securely using DocuSign."
Demonstrations of DocuSign for Salesforce will be available at DocuSign booth #825 at Dreamforce 2010, the cloud computing event of the year, at Moscone Convention Center in San Francisco on December 6-9, 2010. Built using Force.com, the enterprise cloud computing platform, DocuSign for Salesforce is immediately available for test drive and deployment on AppExchange 2 at http://www.salesforce.com/appexchange/.
DocuSign for Salesforce is featured in published research by Crimson Consulting. Crimson Consulting undertook a quantitative and qualitative analysis of the benefits of DocuSign for Salesforce and actual clients are highlighted in the research. To obtain the white paper and a recording of the webinar or to learn more about DocuSign for Salesforce, visit.
Register for an upcoming DocuSign for Salesforce webinar entitled "Make Your Business Soar with Electronic Signatures" by visiting.
To download DocuSign for Salesforce from the AppExchange, visit http://sites.force.com/appexchange/listingDetail?listingId=a0N30000001taX4EAI.
About Extra Space Storage Inc.
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a fully integrated, self-administered and self-managed real estate investment trust that owns and/or operates 809 self-storage properties in 34 states and Washington, D.C. The Company's properties comprise approximately 540,000 units and over 58 million square feet of rentable space offering customers a wide selection of conveniently located and secure storage solutions across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self storage properties in the United States and is the largest self-storage management company in the United States. .
About the Force.com Platform and AppExchange 2
Force.com is the only proven enterprise platform for building and running business applications in the cloud. The Force.com platform powers the Salesforce CRM (http://www.salesforce.com/) applications, more than 800 ISV partner applications like those from CA Technologies, FinancialForce.com and Fujitsu, and 170,000 custom applications used by salesforce.com's 82,400 customers such as Japan Post, Kaiser Permanente, KONE and Sprint Nextel. Force.com also enables developers to make any enterprise app social by leveraging the social collaboration components including profiles, status updates, and real-time feeds available with Chatter.
Applications built on the Force.com platform can be easily distributed to the entire cloud computing community through the salesforce.com AppExchange 2 marketplace http://www.salesforce.com/appexchange/, now featuring the ChatterExchange.
DocuSign, Inc. is the global leader in 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.
DocuSign employs the industry's only multi-site enterprise class, SAS-70 data centers delivering 99.9% uptime for customers over the last four years. With more than 8 million unique signers processing millions of transactions per year, DocuSign is trusted by more people, more companies, more times than any other electronic signature provider in the world.
To learn how DocuSign can accelerate your business, visit www.docusign.com or call (866) 219-4318. Subscribe to the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter at http://twitter.com/DocuSign, LinkedIn at http://www.linkedin.com/company/docusign-inc.?trk=null or on Facebook at http://www.facebook.com/pages/DocuSign/71115427991.
DocuSign, the DocuSign logo and "the fastest way to get a signature" are trademarks or registered trademarks of DocuSign, Inc. in the United States and/or other countries. All other marks are the property of their respective owners.