Box, Inc. (NYSE: BOX), the leading Content Cloud, today began rolling out Box Sign, its native e-signature capability, to customers on Business and Enterprise plans at no additional cost. With today's launch, Box Sign delivers unlimited signatures and a robust set of APIs, enabling businesses to digitize and modernize the way agreements are managed and governed in the cloud. Following the rollout of Box Sign, basic functionality will be included in all Box business plans and advanced features that help automate high-volume, complex e-signature use cases will be available in higher-tier plans.
In February, Box acquired SignRequest, a leading cloud-based electronic signature company, and developed Box Sign on its industry-leading technology. Natively integrated into Box, this new capability reduces business costs for third-party e-signature tools while enhancing team and individual productivity.
"Every day, more transactions are moving from paper-based manual workflows to the cloud, and we will only see this trend accelerate as companies shift to a hybrid work environment," said Diego Dugatkin, Chief Product Officer at Box. "With the addition of natively embedded e-signatures, Box customers will be able to manage the entire content lifecycle in the cloud, realizing the value of their content ? at no additional cost. From the moment a file is created to when it's shared, edited, published, approved, signed, classified, and retained, the entire content lifecycle can now happen in the Box Content Cloud."
Secure, Seamless E-Signatures Where Your Content Lives
The future of business is centered around digital-first and the cloud. Employee, customer, and partner transactions are increasingly executed digitally, from employee onboarding forms to sales contracts to vendor agreements. Yet, today, less than one-third of organizations* are deploying e-signatures because of cost barriers and the limitations of legacy tools.
More than 100,000 businesses already leverage the Box Content Cloud to securely power the way they work, and customers with Box Sign will be able to execute unlimited e-signatures where their content already lives at no additional cost.
Box Sign features include:
"eSignature solutions are key to fully digitizing signing workflows, ultimately helping businesses speed up processes, lower security and compliance risks, and reduce costs while improving the employee, supplier, partner, and customer experiences," said Holly Muscolino, research vice president, Content Strategies and The Future of Work at IDC. "The benefits are increased when the eSignature capability is an integrated part of the content services technology stack because it reduces IT spend, eliminates content silos, and delivers better governance and control."
The Box Content Cloud
Content underpins all mission-critical business processes, from closing deals with sales proposals and contracts, to getting new products to market faster with innovative designs and manufacturing specs, to securely onboarding new customers and employees.
Today, enterprises spend tens of billions of dollars every year just to store and manage content in fragmented legacy systems like network storage and document management systems, leaving no simple way to get the value out of their content. The Box Content Cloud provides businesses with one secure platform for managing their entire content journey in the cloud, making it simple to collaborate from anywhere, automate workflows, and keep their data secure and compliant.
Availability and Pricing
Box Sign is available to select Box customers today and will be rolling out to all customers in the coming months.
Customers with Box Business and Enterprise plans will have access to the following features at no additional cost:
Box customers with Enterprise plans will have access to everything listed above, as well as the following features later this year, at no additional cost:
Box Sign will be available for Starter plans at no additional cost later this year.
Introducing Enterprise Plus
Today, Box also introduced Enterprise Plus, building on Box's successful Digital Suites offering. Enterprise Plus is a new plan that includes all major add-ons: Box Shield, Box Governance, Box Relay, Box Platform, and the most advanced e-signature capabilities of Box Sign when available. In addition to all of the features listed above, Enterprise Plus customers will be able to send unlimited documents for signature directly from Salesforce using the Box Sign capabilities in the Box for Salesforce integration, which will be available later this summer.
Enterprise Plus is available today to both new and current Box customers. Box Digital Suites customers have the option to remain on their current plan or upgrade to Enterprise Plus at no additional cost.
Box (NYSE:BOX) is the leading Content Cloud that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, JLL, and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org.
*IDC TechBrief: eSignature Software, Doc # US46257920, May 2020
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