Archive for November, 2011

Document Management Software for Business Efficiency

Wednesday, November 30th, 2011

Steve Breault, Vircosoft Founder / CEO

The managing of documents in offices can be time-consuming and daunting.  According to studies, employees use a significant portion of their work hours just trying to scour through information that is already available within the organization.  This task includes searching, organizing, sorting, and creating and recreating documents that are sometimes redundant.  The manipulation of paper files or documents is actually contributing to an organization’s inefficiencies and is costing millions of dollars of wasted hours and productivity.  Using document management software can solve this issue.

A document management system (DMS) is a software that is utilized in storing and managing electronic documents and images of paper files or documents.  This software allows organizations to create a central database or repository of all forms of electronic and paper documents.  Listed below are advantages of using a Document Management Systems.

Reduced Storage – Scanning paper documents and integrating them into a DMS greatly reduces storage page within the organization.

Time and Money Savings – Sorting out documents and searching for them takes time.  Using DMS reduces the costs associated with the storage of hardcopy documents including the cost of paper, printing, and archiving.
Flexible Retrieval – Retrieving hard copy documents takes time.  Through DMS, electronic images of documents are created and stored centrally.  A lesser amount of time is spent in locating documents as this task can be done even without leaving your desk.  Access to documents through DMS can be over the internet on the company’s intranet.

Documents Security – Provide controlled access to your documents and folders.  DMS can protect these files from being accessed or modified by unauthorized personnel or potential intruders.  Access of the documents can be set on a user and password-based access and access rights can be assigned for both users and groups at the folder and/or document level.  The use of DMS for the documents is way more secure that filing them in traditional file cabinets.  Also, DMS has audit trail feature where you can view who last used the item and when.  Obviously with the hard copy files, this is difficult to track.

Disaster Recovery – A document management system provides a convenient way of creating back-up documents for offsite storage and disaster recovery.  Backing up documents the traditional way through paper is bulky and expensive.  Also, it is prone to damage and vulnerable to flood, fire and theft.
No Lost Files – When paper documents are lost, it can be expensive and time-consuming to replace them.  With DMS, image files of the documents remain stored when being viewed thus, it is never lost or misplaced.  A full-text searching mechanism is a very useful feature of DMS which makes storing, finding and moving documents very easy.

Improved Regulatory Compliance – Comply with government regulations such as SOX (Sarbanes Oxley),  Health Insurance Portability and Accountability Act (HIPAA),  Food Safety Modernization Act, ISO, Medical device manufacturing (FDA), Healthcare (JCAHO), and Information technology (ITIL).  Your documents  which could include policy statements, workflow, procedures, and many other pertinent organizational documents should provide evidence of control.  Failing to conform with this may mean legal repercussions including fines.  DMS offers a combination of security control, audit trails, efficient archiving system and disaster recovery to guarantee that an organization can authenticate the validity of information stored in the system and demonstrate strict adherence to regulatory standards and requirements.

All in all, the use of Document Management Software in an organization or a business brings even more benefits other than the ones mentioned above.  DMS can further improve internal operations and enhance customer service and satisfaction while bringing a competive edge to the business.

Document Management Software is for ALL Businesses

Monday, November 7th, 2011

Steve Breault, Vircosoft Founder / CEO

Many owners and managers of small and mid-sized businesses think that digital document management solution is for  larger corporations or enterprise sized businesses when in fact, small businesses around the world have begun to deploy document management software into their business operations because the costs have gone down drastically. It is no longer as expensive as it used to be for you to now manage your business documents electronically and have to deal with less paper files while your business runs optimally.

There is no doubt that people all over the world are seeing the benefits of running a paperless office with efficient business document management though a slight learning curve might be experienced depending on your employees’ capability to use the computer systems and the brand of digital document solution being deployed. While some electronic document filing solution will be easier for employees to use than other brands, once your staff gets accustomed to filing and managing your business documents by using computer applications, it will soon be evident to you the height to which document management software will help your business attain through efficiency and optimum employee productivity. Here are some benefits a document management solution will help you achieve:

Easy filing and retrieval of your business documents. Filing your business documents digitally will help you maximize the processes involved with the retrieval and management of files greatly. For example, you could search for documents based on keywords or certain phrases and get your desired results within seconds, whereas such search could have taken hours before. Instant retrieval of documents is possible because when you scan and convert your business files, you can apply optical character recognition which will make it possible for your documents to be searchable based on text content so that searches based on keywords or phrases will return all relevant results to your search query instantly.

Reduced cost for paper management while increasing employee productivity: Since time is more valuable in this modern business age than ever, integrating business document management software in your business setup will help your employees to do more in as little time as possible and hence improve their capacity to concentrate more on tasks that matters most to the growth and profitability of your business. Once efficiency is achieved in running your business, it should save you on costs of doing business while also helping your business to grow in a way that could be difficult to calculate.

Electric document management will make your employees happier and satisfied with doing their work: Document management solution helps employees to speed up their work and employees that accomplish much more in a relatively little amount of time are bound to be happier doing their job. With more productivity and on-the-job improved performance, your team can earn more incentives linked to productivity and business growth and increase their job satisfaction and commitment to the goals of your business. Digital document management software is a win-win for all businesses and their employees.