A Document Management System (DMS) is an application that helps companies organize, secure, tag, and complete tasks from business files. It’s also an excellent solution to help manage and store digital documents. Incorporating this software solution into your operations can promote various benefits. Here are eight reasons why your company should start using a DMS today.
- Document-Handling Optimization
Paper is a disposable material that can fill spaces in file cabinets. It’s also a valuable resource made from natural sources. For this reason, using paper for various tasks in your company may not be the most economical solution you can use to handle different data.
Instead, it might be best to use digital files with the help of a DMS. You can use different features from reliable document management software like:
- Meta tagging
- Optical Character Recognition (OCR)
- Template creation and customization
- Drag-and-drop interface
- Forms management
Use these functions to help your staff members organize digital documents efficiently and quickly. Also, as a bonus, your business can minimize operational costs for file management tasks. Before, you might need several employees to handle documents and reports. Now, let one member of the workforce use a trustworthy Document Management System to accomplish all document-handling tasks.
Also, document-handling might be more than optimizing file delivery and recovery. It also means improving your company’s data storage banks.
First, you’re going to deal with digital files instead of paper mounds. As a result, all documents go into one secure location. It helps you reduce your business’ wastes, and saves you valuable space in your office drawers.
- Streamlined Workflows
When two or more staff members handle the same file, versioning issues may occur. These mix-ups prevent the quick accomplishment of specific tasks. A DMS helps prevent this operational tragedy from happening.
The software solution averts the situation by allowing employees to cooperate on the same document simultaneously. However, the staff members store the same file in different storage locations. It ensures all users connected to the project are working on the most recent file.
You may also use a DMS and its version control features. These functions help you manage older versions of documents needed for specific events. Also, you can see all unauthorized modifications done to documents to help you find offending culprits.
As a result, a DMS streamlines workflows by allowing users to update files while minimizing the possibilities of errors. Its features help administrative users in recognizing document types and delivering them to appropriate staff members.
The application makes document-processing faster than before as users can route files immediately to assigned employees. Assigned members of the workforce don’t need to wait for a long time before working on updated versions of specific data. Thus, essential projects can start immediately with minimal time wastage.
Including a DMS as part of your operations helps team members increase their time in doing what matters most. Time management opportunities open, and other projects may enter the business. All of these positive results come from the use of reliable document-management software.
Other benefits from using the DMS to streamline workflows may include:
- Making changes to scanned documents
- Audit trailing
- Quick file import and export
- Automatic metadata capture
- Barcode reading
- Intelligent file sorting
- Secured Data
A trusted DMS has tight security features in place. Security breaches and information leaks dominate headlines when they happen. These scenarios create worry in the minds of business owners everywhere. Many of these data breaches take place because of poor internal document management.
An electronic data management solution helps provide the necessary tools to keep digital information safe. You can enjoy security features for your files like:
- 24-hour data back-up and recovery
- Secure File Transfer Protocol (FTP) servers
- 256-Advanced Encryption Standard (AES)
Moreover, use a data storage facility with several digital and physical points. These features and tools help generate peace of mind knowing your business’ data is safe from hackers.
Additionally, you can employ role-based user permissions to different staff members and functions. For example, one colleague might only have the permissions to use document viewing within the DMS. Conversely, another team member with administrative access can modify and delete documents in the program.
These administrative permissions help organizations by quelling the rise of internal data breaches. Use a reliable DMS to help secure valuable data both inside and outside your company’s walls.
- Quick File Retrieval
Searching through documents is a time-wasting task. Time might be better spent doing other critical tasks like talking to potential clients instead of rummaging through paper files. Various business owners know that time is money, and so should you.
In that regard, let a DMS solution help your organization retrieve files quickly. Use specific features like:
- Filtered searches
- Full-text search
- Remote file access
This solution also helps reduce the likelihood of lost files. Reduce the time spent searching for seemingly unsearchable documents by using DMS with dependable search functions.
Also, aim for using a document-handling system with universal file support. Specific apps might be picky with the file formats you upload into a digital storage. A noteworthy DMS may help you view and modify file formats like .pdf, .docx, and .xlsx.
- Backup And Disaster Recovery
It might be safe to say that nothing is set in stone, and that includes your business’ valuable data. Accidents might cause in-house data banks to crash, or natural calamities can destroy servers. Before, employees of organizations might do nothing but be in the dark. Now, DMS solutions offer backup and disaster recovery features.
Archive digital documents into a secure online space to help restore data when needed. Furthermore, be at peace knowing you can handle content management on the cloud. Take note: many DMS apps now offer cloud storage as an option. For this reason, you can back up your files to the cloud at any time, as long as you have a stable Internet connection.
Afterwards, let your IT experts handle disaster recovery by using the backed up files. As a bonus, your company can save a significant amount of cash from using third-party file recovery solutions.
Also, the backup features of a DMS might not be partial to digital files. Instead, you can turn tangible files like printed contracts and receipts into digital content. Then, use the software solution with a scanner to transform these documents into digitized data. So, you’ll have extra copies as evidence when the need arises.
- Document Management From Multiple Portals
You may now use DMS solutions using different devices. Before, your employees might only use relevant applications to store, organize, and modify files using their desktop and laptop computers. Now, specific software helps your business manage documents using mobile devices.
Use a specific DMS that’s compatible with different mobile platforms like Android and iOS. Transfer files using compatible mobile apps to collaborate with staff members outside of the office.
However, it’s essential to use a DMS with a simple mobile interface. Aim for an app allowing you to access its different features with a few button taps. Mobile gadgets may help increase your staff’s productivity while traveling, but spending a significant amount of time trying to work out the features of the app may not be worth your while.
Taking advantage of mobile technology helps improve file accessibility for all company colleagues. Reliable mobile DMS apps also help you edit and make corrections without the need to access a computer.
- Eco-Friendly Solution
Printing and using paper all the time can lead to several problems. What’s more, using paper for all your documents isn’t an environmentally-friendly solution. Add this to the fact that your organization will use additional energy for printers and photocopiers.
Meanwhile, using a DMS can help your business cut paper use significantly. Storing both digital and physical files into online storage limits your employees from using vast amounts of paper. The software also helps your business reduce its carbon footprint, thereby making your organization a greener company.
In turn, this system helps your business save a significant amount of cash. Moving to a paperless business will have a positive effect on your company’s finances over time. Also, you may not need to buy bulky filing cabinets, which would otherwise take up extra office space.
- Quick Program Deployment
One limiting factor for specific software solutions is the time it takes for CEOs and managers to train employees to use the programs. Integrating a DMS in a company’s operations may not be as challenging as teaching staff members how to code.
Educate your staff members on how to use drag-and-drop operations. Tell employees where to access pieces of information within the program. Instructing your workforce to use a DMS may not take more than an hour or two.
Consider these reasons to help you choose a trustworthy DMS solution for your business. Aside from this, you must also spend time researching the various document-handling systems available. Make sure to use the correct software for your file management needs. Read online reviews and visit forums to read feedback from past and current users. The information you gain from reading the opinions of other people may help you select the right DMS for your business.