InfoTrack: Revolutionizing The World Of Company Research With Integrated Searching Designed To Make Your Life Easier

By introducing a whole new world of integrated search capabilities, InfoTrack has changed the company research game.

Regardless of what type of law you practice, chances are you’ve had to do company searches at one point or another. Whether it’s client intake, due diligence, or determining the proper parties to a lawsuit, company searches are an unavoidable fact of life if you want to do the job right.

Unfortunately, company searches are notoriously tedious and time-consuming, involving research across several repositories, often incurring high subscription fees along the way. Once you get your results, you face another tedious task of poring through hundreds, if not thousands, of pages of documents.

Not any more. By introducing a whole new world of integrated search capabilities, InfoTrack has changed the company research game. Thanks to their revolutionary software, you can now take all the different parts of your typical search process and do them from within the case management platform where you’re already doing the rest of your work.

With all your go-to search repositories like PACER and D&B amalgamated in one convenient place, you can find what you need in a fraction of the time. Better yet, you don’t need costly subscriptions for services like D&B or PACER to do it. Sound too good to be true? It’s not.

Take your typical company search to determine affiliates. The go-to place to start is D&B, which requires a subscription. Not so if you have InfoTrack. You can do a D&B search straight from their platform, getting immediate access to linkage reports for essentially the same download fee you’d pay if you went directly through D&B.

InfoTrack goes much further, though. The typical D&B report for a major company is pages and pages of text that take hours to review in order to determine all the affiliated companies and how they interconnect. InfoTrack offers an amazing feature called Reveal, which, with just a click, runs the D&B report through a proprietary visualization platform and instantly produces a graphic representation of company relations that’s infinitely easier to understand than the written report.

While the visual company tree alone is enough to make this product invaluable, InfoTrack doesn’t stop there. Click on any entity in the tree, and you can link to other areas within the InfoTrack system to do even more research.

Want to know that entity’s legal history? You can link directly to InfoTrack’s court search system. Here you can run a search of all states for governmental filings like certificates of good standing and UCC filings, or you can pull up dockets. Much like if you were in PACER, there’s a download fee to get a particular court document, but unlike PACER, all the documents are actually searchable, so you can focus in on specific terms that matter to you. No more guessing from document titles if something might be useful and incurring download charges just to find out you were wrong. You can drill down through attorneys or counterparties or whatever helps tailor your search to your current purposes. On top of it all, you can add tracking so you don’t have to go through the whole exercise all over again.

InfoTrack also simplifies the world of crucial KYC research. If you’ve ever had to do international company searches, you know the obstacles. Usually you either need to have an international presence or hire local counsel in various countries to even begin getting your hands on the information you need. With its brilliant KYCIT tool, InfoTrack has done the international liaising for you, connecting local sources around the world into a global search platform to give you easy access to international company information in a fraction of the time.

The list of available sources will depend on where you’re searching, but all of your options are presented in one convenient place, eliminating the need to build a global network of local contacts.

InfoTrack even makes it easy to do company incorporations. Small firms often outsource this kind of work because it doesn’t seem worth the hassle. Now there’s no need to. With InfoTrack, you can quickly run name availability checks across all states and prepare all the necessary filings for any type of entity formation. Even the part that typically slows down the process — obtaining client signatures to secure an Employer Identification Number — has been automated. InfoTrack has built an electronic SS-4 form to streamline the process.

You fill in as much of the information as you can, send it electronically to your client, and they answer a few more questions and fill in their Social Security number. Through integration with DocuSign, they sign it electronically and submit it directly to the IRS. You even get a copy for your records, and have the option of including a registered agent fee or a corporate kit. InfoTrack’s impressive technology lets you handle company formations without leaving your computer.

And because InfoTrack integrates with most of the practice management systems out there, you can take advantage of all of its functions right where you do the rest of your work.

Whether you manage your workflows with software from Thomson Reuters, LexisNexis, Clio, Smokeball, or any of the other major players in the practice management arena, you can launch directly into InfoTrack, link your searches to the matters within your system, and download any documents you find right back into your platform, associated with their related matter.

The most amazing part is that InfoTrack is a subscription-free service. You only pay flat transactional rates, and everything has a price displayed upfront. InfoTrack has negotiated contracts with all of the repositories, saving you the need to have separate costly subscriptions with each.

If you’re a smaller shop who doesn’t do this kind of research frequently enough to justify expensive subscriptions, yet still wants the ability to run comprehensive searches, InfoTrack is a game changer. It offers you the ability to compete with the big firms that don’t bat an eye at paying for database subscriptions.

While technology has become invaluable the practice of law in today’s digital age, it can also require a significant investment. InfoTrack offers the best of all worlds — you get the powerful searches of all the top databases and repositories, all in one place, without the heavy subscriptions costs. It’s a win-win. Once you try InfoTrack, you’ll never go back to your old way of searching again.