In an effort to reduce loan document processing time from weeks to minutes, Easy Legal Finance is implementing Conga Composer and Conga Batch into its Salesforce. The specialty lender in the Legal/Loan business wanted to benefit from time savings and control of its processes with the document generation software solution.
Is This a Trend in The Legal Sector?
Easy Legal Finance is one of the largest settlement lending providers. The company creates credit solutions for the legal sector. Recently it has expanded its lending services into the Family Law sector with Divorce Loans, making it one of the fastest-growing lenders in the legal space. To more efficiently integrate newly acquired firms onto its platform, Easy Legal intends to replace its manual loan and document processes with Conga Composer and Conga Batch. The automated solutions allow Easy Legal Finance to move more quickly and efficiently, resulting in significant time savings without increased headcount or operating costs.
Before implementing Conga into Salesforce, the legal company had to create critical settlement loan documents manually, convert them to PDF, and then email each one to parties for signature. It was a burden! The process to check for accuracy and completion once returned could delay the loan funding operation by weeks. There was a lack of control and insight as to where the settlement was into the document journey.
The company implemented Conga Composer to streamline and automate document generation activities and then do a better job of tracking the loan documents. Because Conga easily integrates with Salesforce, the company could create custom templates for applications, loan documentation, and monthly statements that automatically merge data from Salesforce. Again, the Conga software solution eliminated data errors and costly delays by combining electronic signatures and workflows. Ultimately, the firm significantly reduced the time of its loan application and document distribution process. Now associates waste less time on repetitive administrative tasks and has more time to service attorney partners and clients to augment business development.
Conga Delivers More Benefits The Legal Industry
The new software app also helps the legal firm to fix any hiccups quickly during the onboarding process of new clients while Conga Batch works to address the challenge of sending large numbers of internal performance reports, financial overviews, and monthly account statements to clients and partners across its brands. Now, every team member can automate document production and delivery to save time and improve productivity through more accurate document creation.
A Fine Example of Applying Automation to Manual Document Processes
Conga solutions have democratized client service across the firm as employees have their own Salesforce license and access to the Conga solutions. Easy Legal Finance has empowered employees to proactively problem solve, take ownership and helping them deliver a smooth experience for clients.