Case Study: Atrafin achieves faster, more accurate loan documentation with Legito

Atrafin reduces loan documentation drafting time by 80% with Legito

Atrafin – American Trade & Finance Company, an international commercial lender, faced challenges with its entirely manual process for drafting complex loan documentation. This led to inconsistencies, a lack of version control, and significant time spent preparing documents. To introduce efficiency and accuracy, the company selected Legito's document automation solution after an extensive review of over ten potential vendors.

The solution implemented by Legito automated over 50 interrelated templates and built complex loan amortization calculations directly into documents. This resulted in a 100% reduction in errors for all transactions drafted with Legito templates and an 80% reduction in the time required to draft initial documentation. Legito also enabled a 25% increase in document production velocity through its approval workflows, significantly improving efficiency and standardization across the company's major business functions.

Atrafin – American Trade & Finance Company