Maximizing ROI from Document Automation
Today, almost every law firm or business uses some form of document automation – either as a stand-alone solution, or as part of a case management, CRM, or accounting system. Although it is widely acknowledged that document automation software is the most effective way to increase productivity and efficiency, some firms aren’t getting the return on investment they anticipated.
Four Top Tips to be More Productive and Profitable with Document Automation
It is becoming increasingly difficult for small law firms to remain viable. Increased regulation, rising salary costs, increased competition, and commoditization is eroding margins. Even if only used in its most basic form, document automation has the highest return on investment of any law-firm software application because it saves time and increases accuracy. By choosing and implementing a solution that will grow as a firm’s needs evolve, it is possible to increase output without increasing costs.
What is Document Automation?
In its simplest form Document automation (also called document assembly) is the creation of document templates which contain questions and conditional logic. When the template is run an interview or questionnaire is displayed for the user to complete, and on assembly, answers are merged into the template to produce a Microsoft Word and/or PDF document.