DocuSign vs SIGNiX MyDoX

May 28, 2023 | Author: Michael Stromann
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DocuSign
The future of business is digital. DocuSign helps businesses of all sizes easily and securely sign, send, and manage documents in the cloud, with unmatched availability and legal enforceability. Go 100% digital with DocuSign. Securely sign and manage documents online from any device with the most widely used e-signature solution
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SIGNiX MyDoX
MyDoX is perfect for small and medium-sized businesses who want to start getting documents signed online right away. You can access this cloud-based software on any computer or mobile device. There’s nothing to download or install, so implementation is quick and easy.
DocuSign and SIGNiX MyDoX are both electronic signature solutions designed to streamline document signing processes and enhance digital workflows. While they share the common goal of facilitating secure and efficient electronic signatures, there are distinct differences between the two platforms.

DocuSign is a widely recognized and widely used electronic signature solution with a robust set of features. It offers advanced capabilities such as document preparation, template creation, multiple signer support, workflow automation, and extensive integrations with popular business tools. DocuSign provides a user-friendly interface and complies with stringent security standards, making it suitable for businesses of all sizes and industries.

SIGNiX MyDoX, on the other hand, focuses on providing a highly secure and compliant electronic signature solution. It places a strong emphasis on legal and regulatory compliance, offering features like audit trails, tamper-proof document storage, and identity verification. SIGNiX MyDoX caters to industries with strict compliance requirements, such as healthcare, government, and financial services.

See also: Top 10 Electronic Signature software
DocuSign vs SIGNiX MyDoX in our news:

2022. DocuSign announces end-to-end contract lifecycle integration inside Slack



Slack has always excelled in its ability to perform tasks seamlessly, eliminating the need to navigate multiple applications. In 2020, DocuSign introduced electronic signature integration within Slack, which proved especially valuable during the peak of the pandemic. Today, DocuSign announced a significant advancement: the entire contract lifecycle can now be managed directly within Slack. Recognizing the importance of integrating the signing process into the most widely used SaaS tools, DocuSign has been exploring various avenues. This development follows the company's earlier announcement this year regarding document signing in Zoom, another application that experienced a surge in popularity during the pandemic-induced lockdown.


2020. DocuSign acquires Seal Software for $188M to enhance its AI chops



Contract management service DocuSign has announced its acquisition of Seal Software for $188 million. Established in 2010, Seal Software may not be widely recognized, but its clientele includes prominent companies such as PayPal, Dell, Nokia, and even DocuSign itself. These organizations utilize Seal's contract management tools, as well as its analytics, discovery, and data extraction services. It is specifically Seal's AI capabilities, developed over time to assist businesses in contract analysis, that motivated DocuSign to pursue the acquisition. This move aims to significantly streamline processes such as legal reviews, enabling substantial time savings for DocuSign and its customers.


2018. DocuSign filed for IPO



DocuSign, the trailblazer in e-signatures, is preparing for its highly anticipated initial public offering (IPO) within the next six months. By leveraging a commonly used provision of the JOBS Act, DocuSign has confidentially submitted its IPO filing, with plans to unveil it a few weeks prior to its public debut. Similar to Dropbox, which is set to go public this week after years of anticipation, DocuSign, headquartered in San Francisco, has been generating excitement as an IPO candidate for several years. Since its establishment in 2003, the company has successfully raised over $500 million in funding and currently holds a valuation of $3 billion. Notable investors such as Kleiner Perkins, Bain Capital, Intel Capital, GV (Google Ventures), and Dell have recognized the potential of DocuSign and have made significant investments in the company.


2016. DocuSign partners with major payment providers to offer pay at signing



Electronic signature provider DocuSign now offers the ability for users to include a digital payment during the signing process. This feature is particularly valuable for contracts that necessitate an initial payment to proceed. Previously, parties had to handle payment separately from the electronic contract signing, often resorting to phone calls, emails, or traditional mail to collect payment before work could commence or the agreement could be deemed official. The introduction of this payments functionality enables parties to conveniently arrange payments upfront, resulting in a streamlined process overall.


2015. Electronic signature platform DocuSign raises $233M



DocuSign, a renowned company recognized for its electronic signature platform, has successfully secured a funding of $233 million. DocuSign stands as one of the market leaders and a globally accepted standard for electronic signatures. Its electronic signature platform is the largest and fastest-growing in the world, empowering businesses to swiftly and securely complete transactions online, while enhancing compliance and reducing costs. Unlike sluggish and costly document management systems, DocuSign's cloud computing-based electronic signature platform serves as a comprehensive replacement. The CEO of DocuSign has outlined three primary objectives for the company: to expand its revenue, make progress towards profitability, and establish its global identity standard. To achieve these goals, a portion of the newly acquired capital will be allocated towards facilitating international expansion.


2015. DocuSign acquires digital signature provider CoSign



DocuSign has announced its acquisition of ARX, building upon their successful three-year business partnership. This collaboration brings together ARX's exceptional CoSign digital signature technology with DocuSign's leading Digital Transaction Management (DTM) platform, enabling customers worldwide to conduct business transactions with complete trust and confidence. ARX's CoSign line of products holds crucial compliance certifications, such as NIST's FIPS 140-2 Level 3 and Common Criteria EAL4+, which are highly valued by customers across Europe, the Americas, and Asia. CoSign is extensively utilized by millions of users in heavily regulated industries like life sciences, government and public sector, financial services, healthcare, and engineering. Moreover, the CoSign product line seamlessly integrates with a wide range of systems, including Microsoft Office, Office 365, SharePoint, Nintex, K2, OpenText, Oracle, Alfresco, and more.

Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com