PandaDoc acquires LiveNotary to expand its digital product portfolio

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SAN FRANCISCO, March 23, 2022 (GLOBE NEWSWIRE) — PandaDoc, the leading all-in-one document workflow automation platform, today announced the acquisition of LiveNotary, developer of a remote online notarization solution. The acquisition reinforces PandaDoc’s mission to create a full range of digital document management solutions for SMBs, including legally binding agreements, transactions, proposals and more. The company also announced the immediate availability of PandaDoc Notary, developed leveraging LiveNotary’s technology and expertise, to enable customers to securely and legally notarize documents 100% online.

Over the past two years, the demand for online notary services has exploded and many notaries have transformed their operations online or mobile to stay in business. According to the National Notary Association, web search data from its “Find a notary public» the mobile notaries page grew by 1,750% in 2020. The NNA reports that in 2019 just over 10,000 people visited this page; in 2020, that number skyrocketed to 187,500.

As businesses adapt to the changing demands of the modern workplace, the ability to transact with speed, convenience and ease in a secure environment becomes paramount. PandaDoc Notary transforms the old time-consuming in-person notarization process into a smooth and frictionless fully online digital experience. With the addition of PandaDoc Notary to the PandaDoc product portfolio, the company further solidifies its leadership position in helping SMBs scale and win by eliminating inefficiencies and bureaucracy that prevent them from achieving their business goals.

Businesses that have used PandaDoc Notary have seen impressive productivity and efficiency gains. “PandaDoc Notary allowed ImmiTranslate to complete our notarizations in a fraction of the time it previously took,” said Ian Hawes, CEO of ImmiTranslate. “Not only have we increased our internal efficiency, but our customers also appreciate receiving their documents faster. We used to print, sign, stamp and scan our documents into our CRM. Now, with PandaDoc, we are able to do all of this electronically.”

“The acquisition of LiveNotary and the release of PandaDoc Notary builds on our mission to create a seamless, world-class digital document experience for small and medium-sized businesses,” said Mikita Mikado, CEO of PandaDoc. “As businesses continue their digital transformation, they demand that the way documents are created, sent, signed and notarized become much simpler, more efficient and cost-effective. With the electronic notary functionality now integrated into our platform, clients can not only create business documents, but also notarize them online conveniently, securely and efficiently as part of the PandaDoc solution.

All-in-one online notarization platform offers collaboration and convenience
PandaDoc Notary’s Remote Online Notarization (RON) simplifies and automates the electronic notarization process, allowing users to legally sign, collect and manage electronically signed and notarized documents in minutes. Customers can easily invite multiple signers to collaborate on the same document. As part of the PandaDoc platform, PandaDoc Notary easily integrates with dozens of tools, including Salesforce, HubSpot, Google Docs, Zapier, and Zoho.

PandaDoc Notary guarantees a secure notarization process
To ensure document security, PandaDoc Notary uses two-point authentication that integrates knowledge-based identification (KBA) with live credential assessment. KBA uses specific questions to verify the signer’s identity, and credential verification uses visual and electronic analysis of the signer’s ID to confirm their identity.

PandaDoc Notary uses cloud-based storage to secure audio-visual recordings, electronic journals and notarized documents. These documents and files are available to customers for viewing and downloading at their convenience.

For more information visit notary.pandadoc.com

About PandaDoc Notary
PandaDoc Notary is a remote online notarization (RON) platform designed for businesses to simplify and automate electronic notarizations across the United States. It makes online notarization easy, secure and affordable. PandaDoc Notary protects documents, saves deeds, and reduces fraud with reliable, state-approved software.

About PandaDoc
Since its inception in 2013, PandaDoc has been on a mission to enable growing businesses to thrive by taking the work out of document workflows. PandaDoc provides an all-in-one document workflow automation platform with e-signature capabilities that helps fast-moving teams accelerate the ability to create, manage and sign digital documents, including proposals, quotes and contracts, etc. Over 35,000 customers use PandaDoc to improve document workflow, information, and speed while delivering an amazing end-user experience. PandaDoc is backed by leading venture capital firms and institutional investors including OMERS Growth Equity, G-Squared, Altos Ventures, Rembrandt Venture Partners, One Peak Partners, M12 (Microsoft) and HubSpot. PandaDoc is proudly a global remote company.

https://www.pandadoc.com/


        
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