Overview
What is HotDocs by CARET?
HotDocs is a document automation and assembly software product, acquired and now supported by AbacusNext since 2017.
Need same set of documents repeatedly? Get Hotdocs which will create your frequent used documents instantly with no errors, saving your precious time.
HotDocs, a fast, simple, and efficient tool for creating documents
Good for document automation in a law practice.
Transactional Support Excellence
How Hot is HotDocs
Challenging but helpful at gaining efficiencies
HotDocs; Careful before you start
HotDocs, efficient, quick, and easy document generation
HotDocs Review
Pricing
Basic
$25
Enterprise
Contact sales team
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Demos
FinovateSpring 2017 / HotDocs
Product Details
- About
- Tech Details
What is HotDocs by CARET?
HotDocs by CARET Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Comparisons
Compare with
Reviews and Ratings
(13)Community Insights
- Business Problems Solved
- Recommendations
HotDocs is a versatile document generation tool that is widely used across various departments in organizations, including legal, human resources, and marketing. Its primary purpose is to automate the process of generating frequently used documents, saving both time and money while ensuring accuracy. Companies with a large number of documents that are needed repeatedly find HotDocs particularly useful.
One of the key use cases of HotDocs is transactional drafting. Users can create templates and a master questionnaire to automate the drafting process. This feature is especially beneficial for tasks like drafting multiple documents with the same information for government-insured construction loans, where it saves an impressive six to seven hours of manual document drafting every day. Real estate professionals also rely on HotDocs to quickly generate group forms for the same transaction, streamlining their workflow.
Another significant use case for HotDocs is its ability to produce letters and standard documents consistently across multiple locations. Users can easily create templates and customize them based on specific requirements. Paralegals utilize HotDocs to draft estate planning documents by conducting an interview with clients and then editing the generated documents in Microsoft Word before presenting them to clients. This powerful document generation application ensures proper formatting and includes all necessary information, making it a valuable asset in an estate planning practice.
Furthermore, managed services companies specialize in installing, configuring, and providing support for HotDocs on behalf of their clients. This enables organizations to leverage the benefits of HotDocs without the burden of managing the software themselves. Overall, HotDocs is user-friendly and seamlessly integrates with other software platforms, making it an indispensable tool for automating document assembly across various industries and departments.
Users commonly recommend the following:
-
Get proper training and support: Many users advise booking training sessions and doing tutorials to learn how to use HotDocs effectively and efficiently. They recommend taking as much training as possible to save time in the future and suggest paying for training with a third-party consultant. Users also emphasize the importance of having a solid relationship with the salesperson and architecting a plan for implementation and roll-out.
-
Invest time in learning the software: Users recommend taking the time to learn HotDocs thoroughly, as it speeds up the template building process once known. They also suggest automating several forms to get a feel for the software and recommend using cheat sheets and practicing with it. Users advise ensuring that the developer receives training as well.
-
Consider overall costs and alternatives: It is recommended to do due diligence when looking at alternatives and testing them thoroughly. Users advise considering the overall cost, not just the licensing, and having a plan for return on investment. Additionally, they suggest consulting someone who has used HotDocs before and keeping in touch with them. Some users also recommend comparing HotDocs to Acrobat's similar features to assess ease of use.
Overall, users find HotDocs to be a great tool that can streamline document creation, but they stress the importance of investing time in learning the product properly and considering all aspects of its implementation.
Attribute Ratings
Reviews
(1-2 of 2)How Hot is HotDocs
- It allows you to fill a form OR to use the Q&A approach.
- It takes a particular fact pattern and applies it over several forms.
- It does not allow an edit to a form to be saved. If you edit a form and close out, you have to start all over again.
- It should fill in certain items that are usually the same , with an allowance for revising if necessary.
- Lender credit cannot be shown as a "minus" on the closing disclosure , even though it is supposed to be.
- There needs to be a signature line on the Seller Closing Disclosure.
- It is not compatible with the newest version of WordPerfect (X9).
- It makes it easy to fill out the form.
- I really only use it for the one form, it doesn't do as well with the other forms.
- Vendor Reputation
- Implemented in-house
- Doesn't interface with WordPerfect X9, our word-processing software.
- no training
- None.
Challenging but helpful at gaining efficiencies
- Letterhead template - Creates quick letters with standard branding. Able to set locations, writer, etc.
- Answer sets can be saved and reused. This eliminates the need to reenter client information.
- HotDocs is difficult to develop new documents as it's as complicated as programming at times. I often have to call for assistance.
- The tables can be frustrating. It makes it hard to insert between items as you have to make sure it doesn't offset other areas.
- Positive - Quicker turn around on producing standard documents tailored to the client's specific needs.
- Negative - Long learning curve. Not an "out of the box" program. It has to be customized.