REDWOOD CITY, Calif.–(BUSINESS WIRE)–Box, Inc. (NYSE: BOX), the content cloud leader, today announced new and improved capabilities, integrations and developer tools for its native e-signature product, Box Sign. These new features include workflow features that automate processes once a document has been executed and APIs that feed electronic signatures into third-party and custom applications. Box also announced deep new integrations with UiPath and SIGNiX. With these new features, Box Sign can now power even more advanced signature-based processes, helping customers move more of their transactions to the cloud.
“Electronic signature technology offers a number of benefits to organizations, including reduced transaction time and costs, increased security, and improved experience for employees, vendors, partners, and customers,” said Steve Charbonnier, head of enterprise content strategy research at IDC. “That being said, e-signing is just one element of a fully digitized workflow, and it’s most beneficial when included in a broader portfolio of solutions for content sharing, collaboration, and workflow.” workflow automation. We expect Box’s approach to integrating Box Sign into its Content Cloud platform will position it well for organizations around the world looking to digitally transform their critical end-to-end processes.
Box Sign allows users on Business plans and above to easily run unlimited e-signatures where their content already exists, at no additional cost. Since the global rollout in November 2021, thousands of customers have enabled Box Sign within their organizations. Additionally, Box was appointed a major player in the IDC MarketScape Worldwide eSignature Software* 2021 Vendor Assessment. Building on this strong momentum, Box today announced the following:
New box sign features
The future of work is going digital first and paper-based processes are preventing businesses from reaching their full potential. Customers are already using Box Sign to digitally execute employee, customer, and partner transactions, from employee onboarding documents to sales contracts, vendor agreements, and more. To extend the power of Box Sign, Box today announced the following new features for the Box Sign web application:
- Compatibility with Box Relay. Customers using Box Relay for secure workflow automation will be able to trigger downstream workflows based on document status in Box Sign. With this new onboarding, for example, HR teams will be able to initiate onboarding steps for new hires if the signing status is complete, or if the status is denied, assign a task to the recruiter to follow up on the candidate. This new functionality should be available in the first half of 2022.
- Lock template fields. Customers will be able to lock template fields when creating signature templates, which will help reduce the need for additional auditing requirements and prevent senders from making changes to predefined contract templates. This new feature will give teams like business operations and finance granular controls to standardize documents such as NDAs sent for signature. This new functionality should be available in the first half of 2022.
- Custom signature settings. Admins will be able to manage e-signature disclosures in the admin console, with the option to use either disclosures they provide themselves or disclosures provided by Box. Additionally, end users will be able to upload signature images and stamps that can be applied while signing. These features give customers more personalized signing options and will be available later this month.
- Improved access to Box Verified Enterprise. Available today, this enhancement makes Sign compatible with Company Box Verified (BVE), which is used by security-conscious customers to protect sensitive content by preventing unprofessional Box access within their organization. This allows BVE customers to address internal and external electronic signature use cases without any changes to their network settings.
“According to IDC, the global e-signature market is expected to grow from $2.3 billion in 2020 to $6.4 billion by 2025**, making it one of the fastest growing enterprise software markets,” said Diego Dugatkin, chief product officer at Box. “Since entering the space with our acquisition of SignRequest less than a year ago, we have already brought seamless native electronic signatures to all of our customers on Business plans and above at no additional cost. Today’s announcements build on our promise to expand Box Sign’s core capabilities by providing customers and partners with a richer set of features, new and deeper integrations, and a world-class developer experience. . We’ve only begun to scratch the surface of what’s possible in the e-signature space, so customers can expect to see even more value from Box in the months ahead.
New development tools
At BoxWorks 2021, Box rolled out a core set of Box Sign APIs to reduce production time for custom and third-party app development. In just three months, developers are already relying on Box Sign APIs, leveraging Box’s powerful and secure e-signature technology to create personalized experiences that meet the unique needs of their business and their customers. To provide a smoother experience, Box has added the following new developer tools, available today:
- SDK support for .NET, Node, Python, Box CLI and iOS. Box has extended SDK support from Java to add additional server and mobile SDKs including .NET, Python, Node, and iOS. Now developers can work with Box Sign APIs, in the language or environment of their choice, to create secure e-signature experiences in their internal tools and custom integrations, as well as in their native mobile apps.
- Box Sign API for signer verification and document password protection. Box Sign has added API support for SMS two-factor authentication and for password protection of documents sent for signature deliveries. Together, these APIs provide an additional layer of security for customers by helping to verify the identity of signers in third-party and custom applications, and allow customers to address use cases requiring additional authentication.
New and deep integrations
This robust set of APIs, combined with SDK support and the rest of the Box platform, provides a seamless experience for partners to integrate electronic signature functionality directly into their systems instead of building a similar solution to start from nothing. From workflow automation to notary services, partners such as UiPath and SIGNiX are already leveraging signature APIs to help joint customers save development time and improve business productivity. For example, Box today is also announcing the following new and deep integrations:
- Extended UiPath integration for Box Sign. As one of the most popular integrations for the UiPath platform, UiPath for Box already makes it easy for users and teams to leverage advanced UiPath technologies to automate processes that rely on files, data or documents in Box. UiPath also plans to add Box Sign to the UiPath Integration Service to help customers speed up complex enterprise workflows such as contract processing, HR onboarding and sales operations.
- Box Sign with SIGNiX for secure, remote online notarization. Some jurisdictions require notarization of entire categories of documents, including commercial leases, mortgage documents, and legal affidavits. Available today, Box Sign with SIGNiX is designed to help reduce bottlenecks by providing a seamless experience for using SIGNiX’s remote solution and automatically storing SIGNiX documents in Box Content Cloud.
“As interest in accelerated processes among organizations continues to grow, UiPath’s extensive integration with Box makes it easy for companies to start or continue their enterprise automation journey, mature and successfully scale their automation initiatives and refocus their workforce on business transformation,” Param said. Kahlon, UiPath Product Manager. “We’re proud to partner closely with Box to build integrations that help users improve productivity and get faster results at scale.”
About the box
Box (NYSE: BOX) is the leading content cloud that enables organizations to accelerate business processes, enhance workplace collaboration and protect their most valuable information, all while working with a computing stack of cutting-edge company. Founded in 2005, Box simplifies the work of leading global organizations including AstraZeneca, JLL and Morgan Stanley. Box is headquartered in Redwood City, California, and has offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box empowers nonprofits to fulfill their missions, visit Box.org.
*IDC MarketScape: 2021 Global E-Signature Software Vendor Assessment, Doc # US46742320, September 2021.
** IDC MarketScape: Global E-Signature Software Forecast, 2021-2025, December 2021