Archive for February, 2013

Does a Good Document Management System Really Reduce Operating Costs?

Monday, February 11th, 2013
Steve Breault, President & Founder, Vircosoft

Steve Breault, President & Founder, Vircosoft

Document storage is one issue that both small and large organizations have in common, and with the emergence of latest technology, now many of them are interested in a paperless office, because this makes them more efficient, and also helps in reducing their operational cost. This is the reason why many companies have started using document management system to deal with all office issues. It is a computer based document management system that makes all the difference.

Most of the electronic document retrieval systems have built in feature that helps companies in managing their workflow process smoothly. They will be able to streamline their entire routine to ensure its smooth operation. The automated workflow processing of all vital documents also ensures that only right documents are right employees.

Let’s have a close look at some benefits of electronic document management system (EDMS):

* Less need of space for papers-Commercial space is expensive, and documents can just keep piling up with time. Think of al the money you spend on paper and huge cabinets to store them. You must also consider the commercial space you use to store them. This space can be used to install some equipment or to house more employees.

The implementation of electronic document management system removes all physical issues of managing the documents. In one stroke, you can remove rows and rows of cabinets, and hours spent in managing and retrieving the documents.

* Faster retrieval of documents-The electronic document management system ensures faster retrieval and storage of documents and other important files. All the company files, data, and information is stored in a central database, and is loaded onto the server, and is accessible to all departments and branch offices through network. Therefore, any employee with necessary access rights can retrieve the documents within seconds. Interdepartmental exchange of information is fast and more convenient.

* Savings on time and money-All important documents in a company are centralized using document management system. This makes it easy for employees to locate, retrieve, and edit them. Manual retrieval can take hours, and there is danger of documents getting in wrong hands. This is not so with document management software as only authorized people will be allowed to access the information.

An electronic document management system also means that companies can also comply with rules and regulations easily due to the faster movement of files. The amount of indexing, security control, archiving and audit trails make it easy for companies to comply with various regulatory measures.

Lost files can be a pain, especially if they are important for the operations of a company. All those who use electronic document management system would never suffer from this problem as all vital documents will be there on central database with backup.

* Cost reduction- Lastly, with electronic document management system, there is considerable reduction in the operational cost to the company as it helps companies in getting a clutter free paperless office. As files are now in electronic form, there won’t be any need for spending too much money on paper, toners or printers as there will be less need for printing documents.

How to Choose the Best Document Management System for My Small Business

Monday, February 11th, 2013
Steve Breault

Steve Breault

Being the owner of a small business these days means relying heavily on your computer and the Internet; in fact no new firm these days can be a true success without. Keeping all your information and files in one place has many advantages, an open source document management software being a must for today s astute business man. Below are just five of the features of good software that will allow you to choose from the best and never look back.

Firstly, by using such as system for your small business you will be instantly saving on time and labor. The last thing you need as a new business on a tight budget it to have to employ someone to file paper documents and fetch and carry. By using the best management software this task is performed for you automatically and will allow you to have more time to spend in other areas. With the introduction of a document management system you can also cut back on staff labor, these non core tasks being eliminated and replaced by a computerized system.

Secondly, as a small and new business, your empire will begin to grow. As welcoming as it may be to your eye and to your monthly income, you need to look for a solution that will allow you to continue to grow without having to employ new staff or even worse move to larger premises. By digitizing everything about your business with the help of management software you will instantly eliminate the need for storage for cumbersome paper files.

The third point to the best management system for your documents is that they will prevent disaster occurring. Just as you like to insure your stock in case of burglary, you need a system where your paper files are kept in a condition where they can simply not be destroyed by disaster. To achieve this efficiently you do not only have to transfer all paper documents into digital form but also make regular back ups and burn to CD and DVD. With the best small business solutions you will be reminded of this periodically and given the option to back up or burn to disc.

Next, any small business that finds itself in transit without the correct management system is a disaster just waiting to happen. Only when all your documents have been digitized and backed up can you rest assured that you will be able to access all the information that you need at the touch of a button, from anywhere in the world. You never know when you or your office will need to relocate and by digitally recording and backing up all your files your move will run safely and smoothly.

Lastly, when you are investigating the different options for an open source document management system you need to turn your attention to key employee attrition. With the ability to capture all the work files and knowledge of your best employees in digital form the headache that often arises when training new staff is all but alleviated. A long standing employee can hold a great deal of domain expertise and retraining can be tiring and time consuming; with the best document management system installed this process will be anything but!