What does DocuSign do once a document is signed by all parties?

Once a document is signed by all parties, DocuSign automatically finalizes the agreement. This finalization process involves confirming that all required signatures are in place and compiling a complete record of the transaction. The finalized document is then securely stored and can be accessed as needed, ensuring the integrity and authenticity of the signed agreement.

This step is crucial for maintaining legal enforceability and providing a reliable audit trail, which includes timestamps and signatures. Finalizing the document also means that the transaction workflow can proceed to any subsequent steps, such as notifications or record-keeping, which may be integral to the business process involving that document.

The other options involve actions that do not accurately reflect the functionality of DocuSign following the completion of the signing process. For example, deleting the document would eliminate important records, and placing it in cold storage would make it difficult to retrieve or review, whereas sending alerts for the next document is not a part of the immediate post-signature function.