U.S. General Services Administration Selects Box for Secure, Seamless E-Signatures

Rhea-AI Summary

Box, Inc. (NYSE: BOX) has been chosen by the U.S. General Services Administration (GSA) to implement its Box Sign technology, enhancing e-signature capabilities for federal business processes. This partnership aims to digitize agreement management, improve security, and streamline contract signing with external vendors. GSA oversees $66 billion in procurement annually, suggesting significant operational impact. Box CEO Aaron Levie emphasized the importance of modern technology in enhancing productivity and security. This collaboration aligns Box with other major government users, including NASA and the U.S. Air Force.

Positive

• GSA selected Box Sign for its e-signature capabilities, enhancing operational efficiency.
• The partnership positions Box within major government organizations, boosting visibility and credibility.

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• None.

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced that the U.S. General Services Administration (GSA) has selected Box Sign technology for its native e-signature capability through Systems Engineering Solutions Corporation (SES), a leading IT consulting services firm in Greenbelt, MD. By leveraging Box Sign’s technology along with SES’s solution components, the GSA will power a simple, seamless signing experience for critical business documents, and will digitize the way agreements are managed and governed in the cloud.

GSA, an independent agency of the United States government, helps manage and support the basic functioning of federal agencies by supplying products and communications for U.S. government offices and developing government-wide policies and management tasks. GSA employs 12,000 federal workers and oversees $66 billion of procurement annually.

Contracts and business agreements are critical in the work that GSA oversees, so deploying an e-signature tool is necessary to accelerate processes, lower security and compliance risks, while improving the employee, supplier, and partner experiences. Box Sign technology will enable GSA to:

• Send documents for e-signature to anyone, making for a seamless sender and signer experience.
• Ensure that its agreement management process is secure.
• Empower employees to streamline and speed up the contract signature process with external vendors and partners.

“GSA is leading the way on how government agencies are leveraging modern technology, like e-signature, to digitize paper-based manual workflows for enhanced productivity and security,” said Aaron Levie, CEO and co-founder of Box. “We are proud to have the underlying technology behind Box Sign powering the GSA in its endeavors to bring agility to the way it operates.”

With today’s announcement, GSA joins leading government organizations that have leveraged Box technologies to power new ways of working, including Department of Justice, the District of Columbia Government, NASA, the U.S. Air Force, and the USDA Forest Service and Farm Production and Conservation.

About Box

Box (NYSE:BOX) is the leading Content Cloud that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack. Founded in 2005, Box simplifies work for leading organizations globally, including AstraZeneca, General Electric, JLL, and Morgan Stanley. Box is headquartered in Redwood City, CA, with offices in the United States, Europe, and Asia. To learn more about Box, visit http://www.box.com. To learn more about how Box powers nonprofits to fulfill their missions, visit Box.org.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211110005599/en/

Box PR:

Rachel Levine

press@box.com

Investor Relations:

Cynthia Hiponia / Elaine Gaudioso

650-209-3467

ir@box.com

Source: Box, Inc.

FAQ

What technology has Box been selected to provide to the GSA?

Box has been selected to provide its Box Sign technology for e-signature capabilities.

How will Box Sign technology benefit the GSA?

Box Sign technology will digitize agreement management, enhance security, and streamline contract signing processes.

What is the significance of the GSA's procurement size?

The GSA oversees $66 billion in procurement annually, indicating a substantial impact on Box's operations.

Which other government organizations use Box technology?

Other users include NASA, the U.S. Air Force, and the Department of Justice.