Managing document checklists in M&A deals is challenging with scattered files, manual updates, and separate signing trackers. Legatics centralizes documents and simplifies the process, eliminating delays and errors. Let's learn how!
Managing document lists is hard when files are everywhere
In M&A transactions, creating and managing document lists can quickly become overwhelming. Files are often scattered across emails and document management systems, making it difficult to maintain a single source of truth.
Updating the checklist in Word or Excel is tedious, prone to version control issues, and requires constant manual adjustments to reflect progress. Keeping everyone aligned on the latest status is nearly impossible, leading to confusion, missed deadlines, and extra work.
When it’s time to track signed documents, things get even messier. A separate signing checklist is often needed, introducing another layer of complexity and duplication of effort. The process is not only inefficient but also increases the risk of errors, further delaying deal closure.
Legatics keeps document lists and signing in one place
Legatics transforms the way M&A teams manage their document lists , centralizing everything in an interactive, easy-to-update list. By integrating files, tracking progress, and managing signing seamlessly, Legatics eliminates the inefficiencies of traditional methods.
Dynamic lists in Legatics can be created in seconds, and updated intuitively. Team members can mark items as complete, add comments, and update statuses in real time. Everyone works from the same version, reducing confusion and ensuring the entire team is aligned.
Legatics stores your files in your list to keep everything in one place. No more searching through emails or folders, or trying to embed files into the Word checklist - every file is linked to its corresponding item in the checklist.
When it’s time to sign, Legatics eliminates the need for a separate checklist. Documents ready for signing are seamlessly tracked within the platform, whether using electronic signatures with DocuSign or managing physical signatures through wet-ink signing workflows. Progress is automatically reflected in your checklist, saving time and ensuring accuracy.
How to manage document checklists in Legatics
Step 1: Create your checklist
Start by creating a list in Legatics and structuring it to capture the details of all required documents. Use templates or start directly from a Word checklist to save time.
Step 2: Upload and link files
Upload your documents directly into Legatics or integrate with your document management system to link files. Each file is stored alongside its corresponding checklist item, creating a centralized hub for all documents.
Step 3: Assign responsibilities and track progress
Assign tasks to team members and use statuses to track progress in real time. Add comments to individual items to provide context or clarify next steps.
Step 4: Manage signing in the same checklist
With Legatics, you can get ready for signing in advance. Then, as documents progress to signing, track their status directly in Legatics. Use the platform’s integrated signing tools for both electronic and wet-ink signatures to streamline the process.
Why Legatics is the better way to manage documents lists
Legatics simplifies document lists in M&A transactions by eliminating manual processes and keeping everything in one place:
Centralized files: No more searching through emails or folders - everything is in one platform.
Real-time updates: Dynamic lists ensure everyone has the latest information.
Integrated signing workflows: Manage signing directly in the checklist without creating separate trackers.
Professional exports: Once the deal closes, export a clean, organized list with linked files for easy sharing.
By combining file management, collaboration, and signing into one platform, Legatics makes M&A transactions faster, simpler, and more accurate.