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I used Excel as the datasource and it has 10,000+ records. My word
template has 1 pages and 10+ merge fields. It took over an hour to
merge to a new document with 10,000+ pages. The document was 400+MB in
size and took a while, at least 2 minutes to just open the document,
when I tried to scroll to the last page, it looked like it would take
forever.

Are there any ways to speed up the merge process or any workarounds
for my situation?

Thanks!