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To use it, I click the Tools->Typewriter menu. Then, I can select an area and type text into it. That area can be anywhere on the document, including in white space, over the top of text or images, or the footer/header.
When I say document management, I mean that it allows you to redact, annotate, or markup PDF document(s) as a management tool. For example, the office I work in is a legal office. The legal secretaries markup the PDF document for redaction (ie, marking SSN's, DOB's, etc.), and send it to the attorney through email. Once the attorney approves it, he/she adds initials to the footer and sends it back to the legal secretary who finalizes the redactions, making them permanent. We also use Acrobat for numbering discoverable documents - Acrobat allows us to use a single numbering sequence with its Bates Numbering tool, and apply that numbering sequence to multiple documents. This has saved literally hundreds of hours that used to be spent running the documents through a Bates Stamp machine.
I'm not sure who's recommending that you print out the document and type on it using an old-fashioned typewriter, but I think they're pulling your leg.
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