A solution designed to improve the transaction closing process for law firm’s internal deal team and companies by eliminating low-return administrative tasks. Doxly for Closings allows deal teams to templatize entire transactions, automates the signature process, streamlines closing checklist review, and enables the creation of closing books.
All of the powerful features included in Doxly for Closings and adds in additional features to create a collaborative work environment that enables attorneys to manage deals collaboratively with their clients and other key stakeholders.
Doxly’s seamless integration of DocuSign in the signatures solution dramatically reduces the level of effort to leverage DocuSign by automatically placing tabs (for name, title, date, etc) in the signature packets. Doxly also exposes the signer’s status to all deal team members rather than just the original sender. By making it easier for lawyers to use DocuSign, Doxly further increases the speed to closing provided by DocuSign by increasing visibility and reducing sending time.
Doxly currently integrates with the two leading document management system (DMS) providers – iManage and NetDocuments. Doxly’s DMS integrations improve efficiency by allowing users to browse and select documents from their DMS without leaving the Doxly application. The integrations mitigate security risks by eliminating the need to send confidential/sensitive documents via unencrypted email as documents can be negotiated in a secure environment. All documents and closing books can also be pushed back to the DMS to capture the final record of a deal. The Doxly system even identifies if documents have been successfully saved back to the DMS, providing the security and control law firms need to ensure the preservation of executed agreements.