Digital transaction management

{{Short description|Category of cloud services designed to digitally manage document-based transactions}}

Digital transaction management (DTM) is a category of cloud services designed to digitally manage document-based transactions. DTM removes the friction

inherent in transactions that involve people, documents, and data to create faster, easier, more convenient, and secure processes.{{cite news |publisher=Forrester Research,Inc |title=Digital Transforms The Game Of Business |url=http://images.esign.docusign.com/Web/DocuSign/%7B7b4632e2-819c-4cf0-b624-daa3f09027d9%7D_Forrester_Digital_Transforms_The_Game_Of_Business_March_2015.pdf}} DTM goes beyond content and document management to include e-signatures, authentication and non-repudiation; enabling co-browsing between the customer and the business ; document transfer and certification; secure archiving that goes beyond records management; and a variety of meta-processes around managing electronic transactions and the documents associated with them.{{cite web|title=DTM and the End of Paper: Four Imperatives you can't Miss|url=https://aragonresearch.com/digital-transaction-management-and-the-end-of-paper-four-imperatives-you-cant-miss/|website=aragonresearch.com/|publisher=Aragon Research Inc.|accessdate=26 July 2015}}

DTM standards are proposed and managed by the xDTM Standard AssociationxDTM Standard Association | http://www.xdtm.org/

Aragon Research has estimated that "by YE 2016, 70% of large enterprises will have a DTM initiative underway or fully implemented."""{{cite news |publisher=Aragon Research |title=Digital Transaction Management:The New Way Ahead for Digital Business | url=http://www.xdtm.org/wp-content/uploads/Aragon_Research_DTM_Report.pdf}}