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INDIANAPOLIS –– November 12, 2020 –– PactSafe, a clickwrap transaction platform that helps enterprises securely grow their volume of online transactions, today announced it has been positioned by Aragon Research, Inc. as an Innovator of the Aragon Research Globe for Workflow and Content Automation (WCA).
Content automation has become a foundational component as enterprises implement more and more digital transformation initiatives. According to Aragon, “Most enterprises clearly understand that, to remain competitive, they must go fully digital with customer-facing documents and processes related to those documents.” Online agreements are one of the key customer-facing documents and processes requiring automation in the midst of the current e-commerce boom. Many businesses are turning to clickwrap agreements to embed as part of their online transactions rather than relying on legacy signature processes. Aragon has identified clickwrap transactions as a key capability for WCA. In October, Aragon named PactSafe an emerging provider in the new category, Clickwrap Transaction Platforms (CTPs).
“Just like many digital transformation initiatives, the shift to content automation has been accelerated by the pandemic,” said Jim Lundy, CEO and Lead Analyst of Aragon Research. “CTPs, like PactSafe, help enterprises accelerate their digital transformation efforts tied to the essential workflows around contracts.”
As a pioneer of the Clickwrap Transaction Platform market, PactSafe helps enterprises create, present, manage, track, and archive clickwrap agreements so that they can embrace the shift to e-commerce. PactSafe’s offerings include both ad hoc and dynamic document generation tied to user behavior, product selection and other form data rendered through its content engine in real-time.
“We believe the contracts businesses are relying on to transact online can be automated and distributed at a high velocity through clickwrap agreements,” said PactSafe co-founder and CEO, Brian Powers. “We believe that being named an innovator is validation of the opportunity we see for enterprises to turn to clickwrap as they eliminate the old paper and pen processes related to contracting workflows.”
The Aragon Research Globe for Workflow and Content Automation from Aragon highlights 14 major providers in the WCA category. In June, Aragon named PactSafe a hot vendor in the category.
To learn more about PactSafe and its position in the WCA category, please visit pactsafe.com.
PactSafe is an Indianapolis-based clickwrap transaction platform that enables companies to process high volume agreements rapidly and painlessly. PactSafe helps companies like Wayfair, DoorDash, Angie’s List (Home Advisor), BMC Software, and Upwork update online legal terms, track and gain acceptance of those terms, and identify areas of potential risk before they become an issue.
About Aragon Research:
Aragon Research is an independent research and advisory firm that provides business and IT executives with the actionable insights they need to navigate technology's ever-evolving impact on business. Headquartered in Morgan Hill, CA, Aragon Research works with executives at every major level of the business and across industries to give them the tools they need to make more informed technology and strategy decisions. Aragon delivers high-impact advisory, research, and consulting services, and has a proven team of veteran analysts. For more information, visit www.aragonresearch.com.
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