8 Reasons to Implement a Document Management Solution in an Organization

Written by Ripal Vyas
Published on Nov. 06, 2013

Every enterprise is seeking ways to boost productivity and streamline their operations. Being competitive in any sector, enterprises have to fight tooth and nail for achieving success and moving into the rank of glory. Meanwhile, companies are busy with their strategies to fuel their workforce to make their operation more productive and more agile. At the same time, they are trying to become more environmentally friendlier.

But the billion-dollar question is, how can an enterprise streamline their working methodologies? Usually in offices, what we see, a huge bundle of files racks full with files and folders, no proper system to handle those files.

Worried about your information, and want a unified solution, then here comes a system that really works for you, learn more How to Choose Right EDMS

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A document management system can help you achieve your organizational goals. The best part is you can save a lot of time and money due to both direct and indirect cost savings. If you’re struggling with traditional paper based filing system then it’s the right time to consider the transition to EDMS.

Purpose: Improved efficiency

EDMS organizes record keeping by systematically storing and archiving scanned documents, images and other formats. These documents can be indexed in multiple ways. The document can be retrieved easily using text query search capabilities. Your staffs no longer have to rummage through tedious racks traditional system or finding the information files from the cabinets. This is just wasting of time in searching your documents on shared network drives. Hence, enterprise needs some unified solution that makes their office paperless and all the documents taken as an electronic file. Irrespective to the departments, the documents move smoothly without any boundary.  Through proper workflow management, the productivity of the employee improves with ease. The management of the documents in terms of editing, document approvals, retrieval, and audit trail become easy for the team.

Purpose: Increased compliance

Regulations present a challenge for the enterprises these days; it is either government or any industry regulations. Management of compliance-related documents properly in order to minimize risks and avoid liability is the major concern these days. Thus, empowering with EDMS the enterprises can equip themselves with business documents are surely managed and archived; this needs user authentication to access and modify the document. An EDMS also keeps an audit trail, securely recording every process performed on critical files and folders.

Purpose: Enhanced guest service

Folios and point-of-sale receipts are very important while escalating the messages among different departments in an enterprise. An EDMS can help you in responding the guest inquires quickly and easily. Not only it helps in guest inquires but also it is helpful in credit card disputes.  The problem can be resolved on the spot if the proper Document Management has been done in the organization.  You can get up-to-date information with history of past guest transaction on the dashboard to minimize the confusion and misinformation.

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Purpose: Monetary savings

With EDMS, your office will become a paperless office, means there is no hard copies only soft copies is there for operation. Therefore, you don’t have to invest on hard copies, file storage equipment and spaces, photocopying costs, toner consumption etc. Moreover, the biggest savings are often related to the costs incurred on human resource management involved in filing and retrieving the documents. An EDMS can eliminate the cost of lost papers, or the period it takes to recreate a paper that has been ruined or misplaced. With the efficient work of EDMS, warehouse fees can be eliminated at one go where you have been storing your old documents off-site.

Purpose: Disaster protection

Hard copies are not only costly but also it is vulnerable to accidents and business disruptions. Any disaster either it is natural or artificial can completely destroy your business data and the confidential files. If you don’t want to lose your data then it’s the right time to get EDMS, which will save the electronic copy of your vulnerable data and backed up in multiple ways either in the data warehouse, cloud or even into your company's servers. In any case, you will have your data in the safe hands. If your entire computer infrastructure is destroyed and if you don’t have data at your office still you can get data through clouds and other off-site databases. EDMS is considered as a smart investment for enterprise with improved efficiency, monetary savings, and disaster protection.

Purpose: Environmental protection

In most of the emails, you can see the slogan “think before you print”. This means, enterprises are more aware about the environmental concerns and they are using green practices.  According to research giant Gartner, ‘Green Information Technology’ is one of the top ten technology trends driving major change in business practices nowadays. Companies are now taking it as a corporate social responsibility and move according to it by availing a document management system at their workplaces. Equipping with EDMS, you can replace printing, postage, and manual filing with electronic methods and hence eliminate the wastage of paper.

Purpose: Easy Customizable

The document management system can be customized according to the enterprise requirements. The management is the right authority to decide whether to go or not to go with the EDMS. If you go with the document management system then you can hire the best companies, who are providing the customized EDMS as per user’s requirements. Not only this, every end-user business wants customized workflow; however, this need is a natural progression for document management executives. Many organizations are implementing the EDMS in phases with some primary features and some secondary features in it. If you choose to such an option, which have a user-friendly interface will switch to current users and allowing focusing on new prospective customers. More customers mean more revenue isn’t.

Purpose: Customer’s Support

Support is very vital for any EDMS implementation.  The software companies, who are ready to support 24*7*365 days will get projects easily in comparison to other companies. That is why you are advised to inspect before you buy. There are plenty of companies, who are delivering the EDMS solutions to you but they don’t have the potential to support you at any time anywhere. The support comprises of open a case online, emails, chat, or phone etc.  Support has three major things that are must for an enterprise is security, availability and a centralized access. For security the bar codes can be generated with ability for employee to quickly locate, the most current version of the correct form was imperative.

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