RNS Reach
15 May 2018
GetBusy plc ("GetBusy" or the "Company" or the "Group")
DocuSign integration and partnership
Cambridge, UK, 15 May 2018: GetBusy plc (AIM: GETB), a leading developer of document management and productivity software products, announces a major integration and partnership with DocuSign Inc. ("DocuSign"), a leading secure e-signature provider.
GetBusy has completed the integration of DocuSign's e-signature technology into its SmartVault product, having signed a global non-exclusive partnership and reseller agreement. DocuSign's technology is now embedded into SmartVault's Connected Desktop and Portal, allowing customers to e-sign and archive automatically any file stored in their SmartVault account.
In 2017, 836,000 digital signatures were completed through GetBusy's products, 31,000 of which were through SmartVault. DocuSign's knowledge-based authentication technology meets the United States Internal Revenue Service's ("IRS") most stringent verification criteria, allowing SmartVault's customers to sign IRS forms 8878 and 8879 entirely digitally, saving time, money and removing the possibility of lost documents.
Under the agreement, which has an initial term to November 2020, the Group will resell DocuSign's e-signature envelopes, equipped with knowledge-based authentication, through the SmartVault platform.
Daniel Rabie, CEO of GetBusy, commented:
"Our partnership and integration with DocuSign is an enormous benefit to our SmartVault customers. DocuSign's Knowledge-Based Authentication meets the highest standards of e-signature verification that are required for digital filing of tax returns in the US, allowing our customers to provide a seamless, highly-automated tax return delivery for their clients and enhancing the quality of our customers' service and reputation. 256-bit SSL encryption ensures that documents can be signed securely and legally anytime, anywhere from a computer, tablet or smartphone.
"With over 836,000 digital signatures applied through GetBusy's products in 2017, this partnership continues our strategy to identify opportunities to attract new users to our platforms and to better monetise existing customers."
Enquiries:
GetBusy plc
Daniel Rabie (Chief Executive Officer) +44 (0)845 166 1165
Paul Haworth (Chief Financial Officer) +44 (0) 7979 703904
[email protected]
Grant Thornton UK LLP (Nomad)
Philip Secrett / Jamie Barklem 020 7383 5100
Stockdale Securities Limited (Broker)
Andy Crossley / Richard Johnson / Fiona Conroy 020 7601 6100
About GetBusy
GetBusy is an established, successful, award-winning Document Management software business, with operations in UK, USA, Australia and New Zealand, providing over 57,000 customers with a highly secure form of digital document distribution with the flexibility to suit any business or industry. It has found particular success in the accountancy, legal and financial services verticals. Over 864,000 users are registered to share information through GetBusy's online client portals.
The Group has three core product offerings:
· Virtual Cabinet is Document Management software focused on the medium size to enterprise size markets. It is used by 27 of the 100 largest accounting firms in the UK and 12 of the top 20 accounting firms in Australia and New Zealand;
· SmartVault is an award-winning Document Management software targeting the professional small and medium enterprise market, and is long established in the USA;
· GetBusy (in development) is a new product which will help customers create stronger relationships with less effort, help users become more organised and productive, and reduce their administrative burden.
The Group has an international reach, rapidly growing existing products, a proven business model, and strong momentum moving into the future.
Further information on the Group is available at www.getbusy.com.
