Latest news with #Docusign
Business Wire
4 days ago
- Business
- Business Wire
Guidewire Announces Docusign for PolicyCenter and ClaimCenter
SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) today announced the availability of Docusign for PolicyCenter and ClaimCenter, new integrated solutions that help property and casualty (P&C) insurers streamline agreement workflows, reduce manual effort, and improve customer and agent satisfaction through faster digital service. By acquiring and implementing Docusign's electronic signature technology directly through Guidewire, insurers can simplify procurement, accelerate deployment, and process policies and claims faster to deliver measurable business impact. ''Within the first six months, we reached more than 80% straight-through processing—an achievement that continues to impress us," said Tim Hays, Vice President and CIO, Mountain West Farm Bureau Share 'The results we've seen with Guidewire and Docusign have been nothing short of remarkable,' said Tim Hays, Vice President and CIO, Mountain West Farm Bureau. 'Within the first six months, we reached more than 80% straight-through processing —an achievement that continues to impress us.' Docusign for PolicyCenter and ClaimCenter addresses a long-standing challenge in the insurance industry: the time-consuming, error-prone processes associated with paper-based agreements and signatures. With 75% of insurance customers willing to switch providers for a better omnichannel experience, this partnership helps insurers meet evolving customer expectations in an increasingly digital world. 'Policyholders today expect the same digital convenience from their insurers that they experience in other areas of their lives,' said Will Murphy, Vice President, Marketplace and Technology Alliances at Guidewire. 'Digital signatures are no longer optional—they're essential for keeping pace in a competitive market. By integrating Docusign into our platform, we're enabling insurers to streamline agreement processes securely and efficiently, all within the Guidewire ecosystem and through a single trusted partner.' Key Benefits for P&C Insurers: Increase straight-through processing: Experience up to more than 80% straight-through processing, automating critical claims and policy workflows. Expedite deployment and time-to-value: Use out-of-the-box, prebuilt workflow connectivity to PolicyCenter and ClaimCenter to streamline implementation and realize rapid business impact. Accelerate submission processing and policy changes: Achieve up to an 80% signature collection rate within five minutes and reduce policy change processing time from days to minutes. Minimize claim cycle times: Obtain release signatures electronically to settle claims quicker. Enable enterprise-wide adoption with scalable pricing: Deploy Docusign across the organization with a direct written premium-based pricing model—avoiding user-based license limits. Enhance security and compliance: Ensure legally enforceable signatures with audit trails, timestamps, and document protection that prevents alterations. Improve customer experience: Enable customers to sign documents from practically anywhere, on any device, eliminating delays in policy binding and claims resolution. Optimize operational efficiency: Eliminate manual tasks and reduce Not In Good Order (NIGO) instances to lower costs. Reduce fraud risk: Help minimize fraud exposure across policy and claims processes with built-in security controls including identity verification. Why It Matters: Scalable Digitalization Enterprise-wide The direct written premium-based pricing model enables insurers to deploy e-signature capabilities enterprise-wide without the user-based licensing constraints of traditional agreements, enabling comprehensive adoption across departments and business lines. Insurers can now standardize their digital document processes, ensure consistent customer experiences, and achieve the operational scale needed to compete in today's market. 'Integrating Docusign directly into Guidewire's systems empowers insurers to digitize and streamline customer agreement authorizations—such as claim approvals, policy updates, and coverage confirmations—into a secure, convenient experience,' said Scott Harrison, Vice President of ISV Partnerships at Docusign. 'Together with Guidewire, we're helping P&C insurers move faster, operate more efficiently, and build deeper, more trusted relationships with their customers.' Availability Docusign for PolicyCenter and ClaimCenter is available globally directly from Guidewire for cloud implementations. This removes the need for a separate contract with Docusign by enabling insurers to manage contracting directly through Guidewire, offering the simplicity of a single vendor relationship for provisioning, billing, and front-line support. For more information about Guidewire technology offerings, visit Guidewire Marketplace, the industry's hub for innovation. About Guidewire Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry's largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation. For more information, please visit and follow us on X (formerly known as Twitter) and LinkedIn. NOTE: For information about Guidewire trademarks, visit .
Yahoo
6 days ago
- Business
- Yahoo
1 Magnificent Growth Stock Down 75% to Buy Hand Over Fist in June
Docusign stock was a pandemic darling, but the stock couldn't sustain its momentum once social distancing efforts ended. Docusign stock is down 75% from its 2021 peak, but the company continues to deliver steady revenue growth and its profits are soaring. The stock now trades at an attractive valuation relative to its history, and artificial intelligence (AI) could fuel its next move higher. 10 stocks we like better than Docusign › Docusign (NASDAQ: DOCU) stock soared to a peak of $310 in 2021 on the back of an incredible spike in demand for the company's suite of digital document tools, which helped businesses keep their operations running smoothly in the face of the pandemic's lockdowns and social distancing restrictions. Since that pandemic tailwind subsided, the stock has slumped by 75% from that peak, but the business itself is still generating steady revenue growth, and its profits are currently soaring. Plus, Docusign is experiencing strong demand for its new Intelligent Agreement Management (IAM) platform, which is powered by artificial intelligence (AI). On June 6, Docusign reported results for its fiscal 2026 first quarter (which ended April 30), and management increased its full-year revenue guidance, which signals clear momentum across the business. Here's why investors might want to buy the stock now. Docusign transformed its product portfolio over the past year. It still helps businesses create, negotiate, and close contracts, but AI is now at the center of that mission. The IAM platform is designed to solve the "agreement trap" more effectively. According to a study by Deloitte, the inefficiencies caused by poor contract management processes result in $2 trillion in lost economic value every year. That represents a massive opportunity for Docusign. IAM features a growing list of revolutionary products. Navigator, for example, is a digital repository where businesses can store their agreements. It uses AI to extract critical details from each document so they are discoverable via its search function, which saves employees from spending valuable time digging through contracts manually. Then there is AI-Assisted Review, which can help employees rapidly identify problematic clauses or even opportunities within each agreement. Businesses can also set pre-approved standards so the tool knows exactly what to look for, which reduces the time it takes to reach a final deal. Maestro ties the IAM platform together with a series of no-code tools that allow businesses to automate agreement workflows. They can drag-and-drop features like webforms, ID verification, and eSignature into each contract, which saves significant amounts of time and money compared to manual processes, especially when creating agreements at scale. At the end of its first quarter of fiscal 2026, Docusign had 1.7 million paying enterprise customers and more than 1 billion individual users. The company launched the IAM platform in April 2024, and it already has 10,000 paying enterprise customers who have used it to process tens of millions of agreements so far. During the quarter, IAM sales in international markets soared by 50% compared to fiscal 2025 Q4, which highlights the platform's serious momentum. Docusign generated $763.7 million in total revenue during fiscal Q1. That was an 8% increase from the year-ago period, and comfortably above the $749 million that had been the high end of management's guidance range. In fact, the strong result prompted the company to revise its revenue forecast for fiscal 2026 upward by $22 million to $3.163 billion at the high end of the range. In my opinion, Docusign could be growing its revenue more quickly, but it's carefully managing its costs to improve its bottom line rather than investing more heavily in customer acquisition. The company's total operating expenses only increased by 1.6% year over year during the first quarter, which was a much slower rate than its revenue increased. As a result, its net income surged by 113.5% to $72.1 million on a GAAP (generally accepted accounting principles) basis. Docusign also achieved a solid result in the bottom line on a non-GAAP basis, which excludes one-off and non-cash expenses like stock-based compensation. Non-GAAP net income came in at $190.8 million, which was an increase of 10% from the year-ago period. Non-GAAP results can be particularly useful for investors to consider when a company incurs a large one-off benefit or expense. For example, during Docusign's fiscal 2025 second quarter, it reported a large one-off tax benefit worth $816 million which massively skewed its net income, so its GAAP earnings weren't a true reflection of the performance of its actual business. When Docusign stock peaked in 2021, its price-to-sales (P/S) ratio soared to an unsustainable level of around 40. The 75% decline in its stock since then, combined with the company's steady revenue growth, has pushed its P/S ratio down to a more reasonable 5.4. In fact, that's a 56% discount to its average P/S ratio of 12.5 since the stock went public in 2018. Docusign also trades at a price-to-earnings (P/E) ratio of just 14.6, which makes it far cheaper than the S&P 500 index, which is trading at a P/E ratio of 23.3. However, that is based on Docusign's trailing 12-month GAAP earnings per share (EPS) which, as I mentioned earlier, was skewed by a one-off tax benefit from the second quarter of fiscal 2025. Therefore, the P/S ratio might be a better way to value the stock right now, but no matter which way you slice it, Docusign's valuation appears attractive. The picture looks even better when you factor in the company's addressable market, which could be worth $50 billion according to an estimate issued by management last year. Based on its current revenue, it has barely scratched the surface of that opportunity. In summary, Docusign stock can offer investors unique exposure to the AI revolution, and its combination of steady revenue growth and soaring profits could make it a great addition to any diversified portfolio at the current price. Before you buy stock in Docusign, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Docusign wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $655,255!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $888,780!* Now, it's worth noting Stock Advisor's total average return is 999% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy. 1 Magnificent Growth Stock Down 75% to Buy Hand Over Fist in June was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
Docusign Stock Just Got Hammered. Here's Why the Market Got It Wrong and Why the Sell-Off Could Be a Buying Opportunity.
Docusign shares crashed after the company lowered its full-year billings guidance. The reason it did could actually turn out to be a long-term positive. Meanwhile, the sell-off has left the stock at an attractive valuation. 10 stocks we like better than Docusign › Docusign (NASDAQ: DOCU) shares tanked after the provider of electronic signature solutions cut its full-year guidance on billings. Billings are the total value of custom contracts signed, and are a leading indicator of future revenue growth. Despite the cut in billings guidance, I think the market is overreacting. Let's explore why. Docusign was a pandemic winner that saw steep revenue growth in 2020 and 2021. However, this growth wasn't a new normal; instead, it was a pulling forward of demand that then caused revenue growth to slow significantly. Docusign was far from the only company to experience this, as companies like Zoom Communications and Peloton Interactive also got caught in this trap. Since then, Docusign has been looking to help reinvigorate growth. It almost sold itself to go private and work on its turnaround outside of the prying eyes of the public market, but it ended up balking at the price and remained a public company. Last year, its turnaround seemed to begin gaining momentum, but with the company cutting its billing guidance, investors once again are concerned about where it's headed. Docusign now expects full-year billings in a range of $3.28 billion to $3.34 billion, down from its prior outlook of between $3.3 billion and $3.35 billion. However, it said this was largely a result of timing, not demand, noting that a change in its go-to-market strategy is impacting the timing of renewals. It added that it sees an improved and accelerating outlook for billings growth by the end of fiscal 2026 (in January 2026). The company is shifting its focus from e-signature services to a more comprehensive Intelligent Agreement Management (IAM) platform, and in the process is looking to upsell customers to IAM. It has historically seen a lot of early renewals, but with IAM, customers are taking more time to evaluate whether or not to upgrade, which in turn impacts billings. So despite the market reaction, this could actually be a positive if more customers are exploring upgrading to IAM. On this week's earnings call (for the first fiscal quarter), Docusign called IAM the fastest-growing offering in its history, as the platform surpassed 10,000 direct customers in the quarter. It expects IAM to account for a double-digit percentage of its "subscription book of business" exiting the fiscal year. It highlighted that international IAM deals were up over 50% sequentially, while the new IAM self-service channel is showing early promise with 1,000 new IAM customers added within three weeks of its launch. Overall, Docusign turned in solid fiscal Q1 results. Revenue jumped 8% from a year ago to $763.7 million, while subscription revenue also rose by 8% to $746.2 million. Professional service revenue increased by 4% to $17.5 million. Adjusted earnings per share (EPS) climbed 10% to $0.90; that easily surpassed analyst expectations for adjusted EPS of $0.81 on revenue of $748 million, as compiled by LSEG. International markets continued to lead the way with revenue growth of 10%, or 13% in constant currency. International revenue was 28% of Docusign's total revenue mix. Billings grew 4% to $740 million for the quarter. That was below prior guidance of $741 million to $751 million. The company ended the quarter with more than 1.7 million customers, an increase of 10% compared to a year ago. Large customers spending over $300,000 annually rose by 6% year over year to 1,123. Dollar net retention in the quarter was 101%, unchanged from last quarter. Docusign continues to be a strong cash flow generator. It produced $307.9 million of operating cash flow in the quarter, with free cash flow of $279.6 million. It ended the quarter with cash and investments of $1.1 billion and zero debt, after repurchasing $161.7 million worth of shares in the quarter. It also initiated a new $1 billion share repurchase program. Looking ahead, the company increased its full-year revenue and subscription revenue forecasts while lowering its billings guidance. It now expects revenue to be in the range of $3.151 billion to $3.163 billion, with subscription revenue of $3.083 billion to $3.095 billion. Below is a chart of the full-year guidance changes: Metric March 13 Guidance June 5 Guidance Revenue $3.129 billion to $3.141 billion $3.151 billion to $3.163 billion Subscription revenue $3.062 billion to $3.074 billion $3.083 billion to $3.095 billion Billings $3.3 billion to $3.354 billion $3.285 billion to $3.339 billion Data source: Docusign earnings releases. For the second fiscal quarter, the company projected revenue of $777 million to $781 million and subscription revenue of $760 million to $764 million, each representing growth of 6%. Billings are forecast to be between $757 million and $767 million, which would be growth of about 5% at the midpoint of guidance. The sell-off in Docusign stock drops its valuation to a forward price-to-earnings (P/E) ratio of just over 21 times this year's analyst estimates, and a price-to-sales (P/S) ratio of under 5. Approximately 7% of its market cap is also in cash. That's a pretty attractive valuation for a high-gross-margin software-as-a-service (SaaS) company generating a lot of cash. Of course, when it comes to tech stocks, growth often takes priority over valuation. That means investors will focus on continued momentum in revenue and billings. While the shift to IAM is impacting renewal timing and weighing on near-term billings, it should ultimately be a positive driver for long-term revenue growth. In that context, the market looks to be overreacting to Docusign's lowered billings outlook. As a result, I'd view this pullback as a buying opportunity. Before you buy stock in Docusign, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Docusign wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Geoffrey Seiler has positions in Zoom Communications. The Motley Fool has positions in and recommends Docusign, Peloton Interactive, and Zoom Communications. The Motley Fool has a disclosure policy. Docusign Stock Just Got Hammered. Here's Why the Market Got It Wrong and Why the Sell-Off Could Be a Buying Opportunity. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
AI-Powered Signatures? Docusign Does That. DOCU Stock Clears Key Benchmark, Jumping 13 Points To Hit 80-Plus RS Rating.
Docusign, long a leader in electronic signatures, stepped up its game by adding artificial intelligence to analyze agreements, sign documents electronically, and automate workflows. Introduced in mid-December, it calls its upgraded product Docusign Intelligent Agreement Management, or Docusign IAM. On Tuesday, Docusign stock got a huge rating increase, popping 13 points to an 82 Relative Strength (RS) Rating, up from 69 the day before.
Mint
08-06-2025
- Business
- Mint
How Docusign is modernizing the age-old business contract
When Allan Thygesen became CEO of Docusign in 2022, the company's stock was on a steep down-ramp after a nearly two-year rally. Shares of the digital agreements company's surged during the Covid-19 pandemic, peaking at $310. 'A lot of companies had overbought licenses," Thygesen told Barron's editor at large Andy Serwer in an interview for the At Barron's video series. As the pandemic cooled, some businesses' needs for virtual contract signing went away, he explained, adding, 'Of course, that is very disruptive inside the company." Thygesen, who joined Docusign after more than 10 years at Google, worked to turn things around. In the summer of 2023, a solution was conceived: implementing artificial intelligence assistance into the digital agreements workflow. Docusign started integrating its intelligent agreement management in early 2024 and rolled out an AI contract agent in April. Thygesen said Docusign now has about $3 billion in revenue from the 1.7 million businesses, nonprofits, and government organizations that pay monthly for its services. Ninety-five percent of Fortune 500 companies use Docusign, according to Thygesen. 'Docusign is probably the best-known company in signatures," Thygesen said. 'Most people regard Docusign as the gold standard for signing documents." In conversation with Serwer, Thygesen detailed the company's AI agent and how it is changing the business. Below are some highlights from their interview, which have been edited and condensed for clarity. Barron's: Some people might think of your company as a one-product company, but I bet you don't think of it that way. Allan Thygesen: We don't. But it's not unfair to say that we are so identified with our product category. As a result, we have built a tremendous amount of trust that over the years we've extended to other moments in the journey. An agreement goes through a journey. You draft it, you negotiate it, you execute it, and then you manage it once it is executed. And we have, over time, added pieces of all those workflows. If you want to sell mass-customized agreements, we can do that. If you want to verify the identity of people who you are sending documents to, we can do that. But we never really put the whole thing together and we never put it on modern plumbing. So that is what I've been working on. We announced our new platform called intelligent agreement management last year. And now we're releasing the full suite with modern AI built in. How do you go through the Docusign agreements journey? We help you create templates of various forms of agreements. You can then customize it, maybe pulling in data from your other systems. That creates a tailored agreement that then goes to the other party. You can go back and forth, and when you see their edits, you can have the AI review whether you approve or disagree with their comments. Then you sign electronically, of course, with Docusign. And then the agreement goes to our intelligent repository, where now we can give you AI-assisted intelligence about everything in those agreements. When is my agreement up for renewal? What would I want to renegotiate next time around? What are things I want to keep an eye on? All those things we can extract out of the agreements and present them to you. How is the AI rollout going? It is the fastest-growing product in our company's history. I announced at a customer event that we have over 10,000 customers live with the product already, which is just an exceptional ramp for a new software product. And we keep building new functionality. This spring, we're announcing a whole suite of new functionality, including a contract agent—using AI to automate the end-to-end agreement workflow. Let's imagine your job is to review contracts with all your vendors. We can automate every step in that process: checking the vendor, whether something has changed with them. Checking the contract, whether it complies with your templates now. Automating the communication with the vendor. Every one of those steps, which normally would have been a separate workflow and step for a contract person or procurement person, can now be fully automated. How are humans integrated into that process? That will be a risk-adjusted thing. Maybe if you're negotiating an nondisclosure agreement, you'd let the [AI] system just run it because there is a standard set of rules. But if it is a complicated, high-value agreement, there would be both a review on the front end and maybe multiple reviews during the negotiation process. So it is really tailored; the system is flexible enough to let you use as much or as little automation as you want. There is a lot of talk about Washington policies impacting different businesses in different ways. What does that mean for Docusign? We have a very diversified customer base across all industries, so we aren't as exposed to individual industries that might suffer more in the case of short-term swings in trade. And to the extent the trade shifts between countries, that also doesn't have a huge impact on us. Obviously, if global trade really compresses, that wouldn't be great for the big companies that work with us that import or export a lot. We haven't seen any evidence of that yet, but that could happen. The uncertainty could impact the investment climate, and we are an investment for companies. So we will just have to see. But we are hopeful—I think all Americans should be, that the U.S. economy can continue to perform strongly. Final question. Why should someone buy or hold Docusign stock now? We have the benefit of being trusted, well positioned, having established distribution, and we have a vision that I think addresses a very large pain point. We worked with Deloitte, and they estimated that over two trillion dollars are lost globally every year to inefficient agreement practices and systems. That is a meaty problem to attack, and I think we are in the best position to do it. And I think we are delivering. There is some good early evidence that customers are adopting. So I think it is a good story.
