Litera Transact is a revolutionary product which can help law firms manage their huge pile of transactions both in terms of financial and operational transactions during restructuring of companies.
But there are a few drawbacks in restructuring transactions and those are:
- Maintaining Checklists – Checklists need to be maintained and updated during restructuring of companies. Every subsidiary required for restructuring is required to do their job to complete the restructuring.
- Asynchronous Communications – A high amount of time is spent calling, meeting and exchanging emails with other people.
- Managing Signatures – Signing documents can be a daunting task for law firms and can take away a lot of time.
- Custom Closing Books – When there are large number of documents, it can be a burden closing all the documents. The whole process is very time consuming and it can lead to mostly write offs.
So as a lawyer, have you faced these problems?
I am guessing you have which is why you should take this quick poll:
(Link to the poll)
After going identifying your problem from the poll, this is what we would like to inform you about Litera Transact. These are the benefits of Litera Transact:
- It Brings Order to Complex Transactions – You can easily manage all your transactions with this software instead of managing the transactions manually which is tedious and very time consuming.
- Automate Steps – Litera Transact helps your firm focus on the important legal work by automating most of the unimportant things.
- Enhance Collaboration – Centralized diligence and closing checklists make it easier for communicating with other parties because real time data is given at all times.
- Increases Productivity – Litera Transact helps to increase productivity of the lawyers and lawfirms by managing signatures and closing books within minutes.
- Mitigate Risks – Client data is shared within a secured platform and all the final documents are shared here with ease.
To know more about Litera Transact Connect with Solutions Expert @ Prime Infotech Solution , Book your slot today
Written by Bikramjit Chatterjee, LegalTech Intern@ Prime Infotech Solution. To Enrol for Sakshum Internship, fill in the form @ https://bit.ly/ApplyforInternshipSakhsum
