Document management is a company's approach to managing information resources internally, which often relies on document management software (DMS). A DMS facilitates a structured process for creating, storing and accessing documents within an organization. It enables effective document management with customized software with embedding workflows that can streamline and enhance the efficiency of document-related processes. Here are the areas where DMS provide support for document management are most visible based on ROI:
Improved collaboration: The software promotes collaboration by providing a centralized platform where team members can collaborate on documents in real-time. This eliminates version control issues and ensures that everyone is working with the latest information.
Compliance and security: Investing in DMS software often comes with built-in security features and compliance measures. This helps organizations stay compliant with industry regulations.