TRANSACTION MANAGEMENT/END-TO-END TRANSACTION MANAGEMENT
End-to-End Transaction Management
End-to-end transaction management tools provide full support of deal teams from the beginning to the end of the transaction. These solutions seek to provide collaborative project management platforms that enable deal teams (both internal and external) to work together, assigning and tracking tasks, drafting and co-editing documents, and managing the closing checklist including obtaining and tracking signatures for closing. The benefits of such a solution are that attorneys are able to work in one location, consistently, with work on a transaction being streamlined through a single platform. The challenges with an end-to-end solution include the difficulty of getting every member of a deal team to work inside the platform. Litera's Transact is a market leader in end-to-end transaction management, alongside Legatics.
End-to-End Transaction Management
End-to-end transaction management tools provide full support of deal teams from the beginning to the end of the transaction. These solutions seek to provide collaborative project management platforms that enable deal teams (both internal and external) to work together, assigning and tracking tasks, drafting and co-editing documents, and managing the closing checklist including obtaining and tracking signatures for closing. The benefits of such a solution are that attorneys are able to work in one location, consistently, with work on a transaction being streamlined through a single platform. The challenges with an end-to-end solution include the difficulty of getting every member of a deal team to work inside the platform. Litera's Transact is a market leader in end-to-end transaction management, alongside Legatics.
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