SOURCE: Callidus Software Inc.

Callidus Software Inc.

May 13, 2015 11:09 ET

CallidusCloud and DocuSign Promise Faster-Closing Deals and Quicker Sales Compensation

CallidusCloud to Embed and Re-Sell DocuSign's Digital Transaction Management Platform

DUBLIN, CA--(Marketwired - May 13, 2015) - Callidus Software Inc. (NASDAQ: CALD), a global leader in cloud-based sales, marketing, learning and customer experience solutions, announced it is embedding the DocuSign® Digital Transaction Management (DTM) platform into CallidusCloud's Configure Price Quote (CPQ), Contract Lifecycle Management (CLM) and Commissions products.

The agreement between the two companies allows CallidusCloud to resell the DTM platform, enabling customers to standardize on a single e-signature system embedded into their Lead to Money process.

With DTM, sales teams enabled with CallidusCloud's CPQ and CLM will close deals faster, improve the customer experience and increase compliance. DocuSign for Commissions will ensure that sales reps get paid faster and can spend more time focused on selling. 

"Speed is something both CallidusCloud and DocuSign are intently focused on, because it drives business," said Giles House, chief marketing officer of CallidusCloud. "Keeping the Lead to Money cycle digital offers businesses a faster route to the deal. We're excited to deepen our e-signature integration and be able to offer our customers a seamless buying experience for the embedded DocuSign and Lead to Money solution."

"We're delighted to have CallidusCloud join The DocuSign Global Trust Network," said DocuSign's chief revenue officer Neil Hudspith. "As a DocuSign reseller, CallidusCloud will bring the power of Digital Transaction Management to more customers around the world."

DocuSign automates manual, paper-based processes with the only open, independent, standards-based DTM platform for managing all aspects of documented business transactions. DocuSign helps companies go fully digital with industry-leading identity management, authentication, electronic and digital signature, forms/data collection, collaboration, workflow automation, payment collection, and document retention.

DocuSign accelerates transactions for dramatic ROI, improved security and compliance, and better customer experiences with the easiest, fastest, most secure global network for sending, signing, tracking, and retaining documents in the cloud. DocuSign helps companies securely collect information and payments, automate workflows, and transact anything, anytime, anywhere, on any device -- securely.

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About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the global leader in cloud based sales, marketing, learning and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money process with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, and streamline sales compensation -- driving bigger deals, faster. Over 3,900 leading organizations, across all industries, rely on CallidusCloud to optimize the lead to money process to close more deals for more money in record time.

Note on Forward-Looking Statements
The forward-looking statements included in this press release, including, for example, the announcement of new products or services, reflect management's best judgment based on factors currently known and involve many risks and uncertainties. These risks and uncertainties include, but are not limited to, risks detailed in periodic reports we file with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q.

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