I was toying with the idea of moving to LaTex for word processing needs. This post Markdown or LaTeX from Yihui Xie provides enlightenment on the subject.
My challenge is that customers still demand documents to be in Microsoft Word.
A great workaround is using R Markdown. The development version of R Studio is awesome for the R markdown features. You can pick your output in either HTML, PDF, or Word and it can change.
Here is a screenshot of your options when using R markdown.