Cooking The Books: Is Anyone Surprised that $10+ Billion Was Too Much for Autonomy?
In 2011, Hewlett-Packard (HP) [HPQ NYSE] acquired Autonomy, the UK-based software company for over $10 billion dollars. After a collective gasp, the tech industry debated how a company like Autonomy could reach that level of valuation, and why HP, who has struggled for years finding its place in the modern software/hardware space, would empty the coffers to make the acquisition. After all, Oracle called Autonomy's former CEO, Mike Lynch, on his bluff, stating the market value of $6 billion at the time was overpriced, and this was before HP plopped down the whopping $10+. After a year of head shaking, we now know how they pulled it off – like so many other big-company-scandals, Autonomy cooked the books.
Scan Paper Documents Directly to NetDocuments
The secret sauce here is that NetDocuments calls your specific scanner's software to allow you to customize the settings such as 200 dpi, both sides, etc., determine which file format you want to scan to, e.g. PDF, TIFF, JPEG, etc., and whether to initiate OCR before it gets imported to NetDocuments. Using your local scanner software to OCR the document allows the text within the document to be full-text searchable after being imported to NetDocuments.
Lessons From Hurricane Sandy: Datacenter Location Matters
There have been a lot of great posts about the important questions you should be asking your vendor before doing business with them, and here is another. The cloud space is increasingly crowded and new companies are popping up every day – this makes your job as a business owner, attorney, financial advisor, or IT professional very difficult as you sift through the "cloud washing" and fluff to find the vendors who have appropriately invested in the right security, privacy, compliance, and redundancy measures.
NetDocuments Joins The ABA's Law Practice Management Section as a Premium Solutions Provider
Original Release LEHI, UT (PRWEB) October 26, 2012 NetDocuments cloud-based document & email management service increases participation with the American Bar Association (ABA) Law Practice Management Section (LPM) as a Premium Solutions Provider NetDocuments, a leading online document and email management service provider, announced today it has joined the exclusive group of software vendors providing legal technology tools and solutions to the members of the American Bar Association through LPM's Premium Solutions Provider sponsorship.
Charles Schwab Corp : Schwab Performance Technologies Announces Selection of NetDocuments As Integrated DM
For years NetDocuments has serviced many leading financial services organizations and prominent RIA advisory firms. This has been done through affiliations with LPL, TD Ameritrade, Charles Schwab, and other custodians and broker-dealers. The traction in the financial space has been due in a large part to NetDocuments fulfillment of the SEC 17a and 204 compliance, in addition to Write-once-read-many (WORM) capabilities, Third-Party-Downloader, and of course, bank level security with SSAE-16 certification.
California Firm Adopts NetDocuments for Business Continuity and Mobility
For Hecht Solberg, the limitations and costs associated with iManage, a server-based document management system, no longer made financial sense and the product was not meeting their disaster recovery and mobile needs.
ALA Regional Events Recap
ALA regional events have become one of my favorite events that NetDocuments sponsors. There are lots of reasons to love these shows, such as the small table top displays (makes shipping/set-up a breeze), the fantastic locations (Disneyland anyone?) and the great leads that we always get.
Move Away From Paper
Joshua Stein, the sole principal of Joshua Stein PLLC, www.joshuastein.com, is one of the world's leading real estate lawyers. He has written five books and over 200 articles on commercial real estate law and practice, including the use of computers by lawyers. He began using computers for all his legal work in 1983, about ten years before the rest of the legal profession, implementing NetDocuments in 2001. Since then, Joshua has been helping firms of all sizes increase their productivity by improving their technology.
Payne & Fears Switches From iManage to NetDocuments
20 years ago Jim Payne and Dan Fears began their practice as an employment defense firm in California. Today, Payne & Fears has expanded into business litigation, insurance and construction law, with five offices across three states and employing nearly 100 people. Brian Marsh, the Information Systems Manager, led the switch from iManage to NetDocuments over six years ago, here's their story.