DocuSign’s patent involves a system that allows delegation of document sending authority from one account to another, with specific requirements to be met. The system ensures compliance with these requirements before allowing the second account to send documents on behalf of the first account. GlobalData’s report on DocuSign gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on DocuSign, Smart Contracts was a key innovation area identified from patents. DocuSign's grant share as of February 2024 was 64%. Grant share is based on the ratio of number of grants to total number of patents.
Delegating authority to send documents on behalf of another account
The granted patent (Publication Number: US11921901B2) outlines a method for a document management system to delegate authority from one account to another to send sets of documents stored by the system. The method involves receiving requests, determining if requirements are met, and allowing or preventing the sending of documents accordingly. The delegated account can send documents on behalf of the first account, with specified requirements such as time period, document type, and price range. Electronic signatures for documents can be received and stored, and the system can differentiate between documents sent on behalf of the first account and those sent by the second account independently.
Furthermore, the patent includes claims for a non-transitory computer-readable storage medium containing program code that enables the processor to execute the steps outlined in the method. This medium allows for the delegation of authority, checking of requirements, sending of documents, and storage of electronic signatures. Additionally, a system is described that includes a processor and the computer-readable storage medium to perform the specified steps. The system facilitates the delegation of document sending authority between accounts, ensuring compliance with requirements and proper storage of electronic signatures, providing a comprehensive solution for document management and delegation within an organization.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
