While document automation software is used primarily in the legal, financial services, and risk management industries, it can be used in any industry that creates transaction-based documents. A good example of how document automation software can be used is with commercial mortgage documents. A typical commercial mortgage transaction can include several documents including:
Some of these documents can contain as many as 80 to 100 pages, with hundreds of optional paragraphs and data elements. Document automation software has the ability to automatically fill in the correct document variables based on the transaction data. In addition, some document automation software has the ability to create a document suite where all related documents are encapsulated into one file, making updates and collaboration easy and fast.
Stanley Black & Decker Posts Offer Document for All-Cash Offer to the Shareholders and Warrant Holders in Niscayah.
Jul 27, 2011; Stanley Black & Decker, Inc. announced that the offer document regarding its recommended all-cash offer to acquire all class A...