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HotDocs Blog

A New Strategy for Managing Contact Information in HotDocs

May 16, 2013
Lee Knight

Early on in my career as a HotDocs developer, I asked myself, “How can I set it up so that the user can enter a list of names and addresses and such at the beginning of the interview and then make selections from the list without having to retype what he or she has already entered?” So over time I came up with a system that does just that.

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Contract Generation—The Best Automated Business Process for Banks

April 30, 2013
Leonard DuCharme

Like most sectors, banks and other financial institutions are rapidly embracing BPM technologies. And like most large organizations, banks have a wide variety of real-world processes that could be modeled into workflows. But for banks that want the best ROI on process automation, contract generation may be the best place to start.

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International Banking Giant Sees 94% Efficiency Improvement in Contract Generation

April 30, 2013
Leonard DuCharme

A global bank having 140,000 employees and more than 700 branch offices had an efficiency problem. From origination to closing, it would take the bank, on average, three days to finish a commercial loan, including generating the contract and collateral documentation.

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Does BPM Make Sense for Small Banks?

April 29, 2013
Leonard DuCharme

According to Gartner, approximately 13 billion USD will be spent in the next 36 months on business process automation (BPM). Given the obvious market interest in translating real-world business processes into automated workflows, some smaller banks and regional credit unions are posing a question: Does BPM make sense for us?

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What is Contract Assembly Software?

April 26, 2013
Leonard DuCharme

Contract assembly is a technological approach to generating transactional versions of a complex legal contract by transforming it into a document generation process application. In use, a contract-generation process app gathers all the transactional data necessary and then uses that data to generate a new version of the contract.

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What is Document Composition Software?

April 25, 2013
Leonard DuCharme

Beyond a word processor, which is, obviously, the most flexible way to compose documents, the term document composition could be applied to what is commonly referred to as document generation, a technological approach to governing document quality and mitigating risk stemming from human error in document preparation.

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What is GRC Process Modeling?

April 24, 2013
Leonard DuCharme

GRC (Governance, Risk Management, and Compliance) is a frequently misunderstood product category, a subject which I discussed in a previous blog, titled “Is Document Generation a GRC Technology?” The three components (G, R, C) can, in fact, be viewed as three disparate product groupings, each being targeted by a variety of different vendors.

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Software for Producing Documents

April 23, 2013
Stacy Beatty

HotDocs is a software platform that automates the process of producing transactional legal documents and forms. By automating the process of producing documents, you can significantly improve the quality of your documents while decreasing the time and money it takes to produce them.

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