What Are the Benefits of Document Indexing Software?

March 19th, 2012

Steve Breault, Vircosoft Founder / CEO

Document indexing is the process of adding tags and marks to documents. These tags and marks are then stored in an index and used when someone wants to search for a document. Document indexing is normally used by engines to help retrieve information from different websites. It helps search engines to be fast in document retrieval. Document indexing can also be used by an organization which wants to optimize its filing system.

An organization which needs document indexing done automatically should use document indexing software for automation of the indexing process. There are many benefits which an organization can get from document indexing. Some of these benefits are discussed in detail below.

Faster retrieval of documents:

When the documents are indexed tags and marks are used to identify them. These tags are normally derived from the content in the documents and/or a short description used to describe the document. When a user searches the document index using a certain keyword the index quickly returns a list of documents with tags same as the searched keyword. Therefore a user can quickly select the document that he/she wants. Unlike document filing which requires a user to search the content of each file individually so as to find what he/she wants. There indexed documents are easily accessible.

Allows easy orientation for new employees:

When your organization recruits new employees you will need to familiarize them with the filing system and other aspects of the organization. With document indexing software the new employees will be quickly shown how to search for files in the organization. If you are using the old filing system for document organization then you need to go through the whole filing system so that the new employees can understand how to find files.

Faster Decision making:

In an organization decision making is normally made by using files which have important information about the organization. If the organization uses document indexing software they can quickly search through and find what need quickly enabling them to make faster decisions.

Increases efficiency and reduces running costs:

In organizations with indexed documents, document access speeds are highly increased. This makes the overall efficiency of the organization to increase especially when the organization deals with a large number of documents. When the efficiency of document retrieval is increased the running costs for document retrieval services is reduced. This is because you can employee fewer employees to do the document retrieval work.

Improved security of documents:

Tags can be used to represent security levels on documents. This can be used to restrict some users from accessing documents with certain tags. This greatly helps the organization to protect its organizational secrets.

Gaining a competitive advantage:

Many organizations do not use document indexing software. This makes their file retrieval system cumbersome. If your organization uses a document indexing and retrieval system you gain a competitive advantage. Better customer service and reduced cost are two examples.

Faster batch processing of documents:

Some documents have similar characteristics thereby they have similar tags. By using document indexing software you can quickly search through your documents and arrange them to be batch processed. Batch processing involves the manipulation of documents with similar characteristic in a queue. This also allows for faster and easy updating of documents.

Does a Paperless Office Really Mean No Paper?

March 17th, 2012

Steve Breault, Vircosoft Founder / CEO

There are a lot of misconceptions regarding the term ‘paperless office‘. Many believe that an office or work environment termed paperless will be literally devoid of any form of printed paper. Reality, though is somewhat different!

A paperless office should really be read as a less paper office. This term is more realistic in describing many offices and company’s today. People have been talking about achieving a paperless office since the 1970’s but in reality we are a long way from achieving the dream. Technology has developed at a fast rate and many innovations have reduced the need for everything to be recorded on paper but, as cutting edge as the new equipment is, it will never be able to completely eliminate the need for paper.

Not long ago everything had to be printed and stored in a hard copy. Now massive computer memories and new technology such as I-pads have reduced the need for printouts but many businesses will still eventually print a lot of information that they have stored on hard drives and the like. Despite the advantages in electronic storage many still need a tangible copy to refer to and many will often print out copies, ‘just in case.’

Paper use in business has dropped slightly for the last few years but there has also been an increase in the sales of household printer paper. Many companies will no longer print and forward an invoice, instead choosing to electronically invoice a customer in their attempt to move toward a paperless office only for the consumer to then print out the invoice for their own records.

In reality it will be nigh on impossible to achieve a completely paperless office. Recent studies completed by Hewlett-Packard have highlighted several reasons why paperless offices remain out of reach. Firstly, comprehension of information often results in documents being printed. Many find printed words on paper easier to understand than the same words on a monitor or screen. Secondly there will always be some ‘unenlightened’ staff members who refrain from using new technology to the height of its ability, again leading to more paper cluttering the office or workspace. Lastly, and on the same note, tradition will always hinder new beliefs. Many companies and businesses still feel better communicating with customers by using a traditional letter. Of course a copy of this letter needs to be kept and this is often achieved with a paper printed copy.

As more and more offices begin to see how using less paper may lead to reduced costs we will begin to see ‘less paper’ offices but it will be a long time before we see the two thousand year use of paper completely eliminated. Future generations who are more au fait with the use of electronic devices will grasp the benefits of hard drive mass storage but until the majority of people are enlightened offices will never be totally free of paper.

The move towards paperless offices is commendable but has yet to be achieved. Less paper offices are now the norm but it would be wrong to imagine a paperless office as a reality for now. In the near future, who knows?

The Paperless Office Reduces Operational Cost

February 4th, 2012

Steve Breault, CEO & Founder, Vircosoft

Paperless office, as the name suggests, is just that, an office where no paper is used to store and communicate information and data. However, many offices are yet to achieve a complete 100% paperless environment. In fact, even after the arrival of computers and document management applications, the uses of papers has only increased and not decreased. There are various reasons behind it. The first is that most people still trust the paper more than the digital documents. Many have grown up with the paper documents and it is difficult for them to switch to computers that also requires going through some learning curve. However, the advantages of going paperless are too many to ignore.

Put simply, a paperless office environment is achieved in three ways. The first is to digitize existing paper documents by using document imaging and conversion options. The second step is to switch to using digital documents. It requires asking customers, clients, suppliers, resellers and employees to send, use and receive information and data only in digital format. The third option is to start using only the digital documents. It involves minimizing conversion of digital documents into paper documents. These three options are the basic and most effective methods to make an office achieve its goal of going paperless.

When it comes to the idea of a paperless office, many people only think of the advantage of an office that is clutter free. While that is a big advantage, there are other important benefits as well. A big advantage is that the business process speeds up and becomes more efficient and cost-effective. Documents can be stored and retrieved as and when needed. For example, a customer may enter the office and the deal may require fetching a document. Now, if the document has been kept in paper format then some time would be spent in searching the required document and fetching it from the storeroom. However, if the document was kept in digital format then it can be retrieved and viewed immediately with a few simple clicks. It is obvious, which option would be preferred and admired most by the customer.

Many business owners think that going paperless is expensive and risky. They think the job would involve hiring additional employees, hardware and software. They also believe that important documents must be kept on paper because documents stored in servers may get deleted. However, all these concerns are unfounded. It is especially clear from the success of companies that have gone paperless and in the process saved lots of money.

The fact is, in a paperless office, there is less need of employees and hardware. Documents can be stored, retrieved, edited and duplicated easily. A big advantage with the digital documents is that these documents can be sent and received immediately through the networked computers or Internet. The documents instantly become available to everyone across different locations and regions.

Documents are safer and more secure in a paperless office. The only thing is that each document must be backed up when it is received and after every instance of editing. This can be achieved easily by setting up a standard procedure for every employee. Initially, the cost of document imaging and document management software may seem expensive; however, when considered in the long term, digital documents are very cost-effective compared to the paper documents.

Planned Document Imaging Improves Office Efficiency

February 4th, 2012

Steve Breault, CEO, Vircosoft

Electronic document management involves the storage of documents in digital form for ease of use and accessibility. Through document imaging, it is possible to automate an office environment through conversion of all hardcopy documents into more manageable digital formats such as pdf and others. Large volumes of hardcopy documents are not only hard to manage, but also consumes large office space. It is therefore evident that, planned document imaging plays an important role in improving office efficiency.

Ways through which planned document imaging program improves office efficiency.

* Improved document accessibility and security: digital documents can be kept in a document management system where they can be accessed quickly from any office computer if the documents are shared. This means that many matters or customers can be handled within a given time, thus increasing services efficiency. In addition, it can be defined who gains access to particular documents. Sensitive documents access may also be set to ask for authentication such as security passwords.

* Enhances automated processing: matching and merging capabilities enable different departments in a certain firm to populate fields automatically. In addition, there is software that can process scanned documents and get all the required information quickly. Also, when data is entered in a document management program, it is easy to carry out computations and analysis such as producing charts and graphs. Finally, automated processing eliminates human errors.

* Dependable file backup up: documents stored in a computer hard drive can be duplicated easily through a copy-pasting action. Other documents could be stored in removable storage devices like DVDs or external hard discs. In addition, documents can be stored in online repositories and be accessible anywhere in the world where internet is available. Having file backups eliminates inconveniences and delays caused by lost or damaged documents thus improving office efficiency.

* Enhances collaboration: multiple office workers can work on the same project from different computers. This
promotes team work and saves time; for instance, if a given worker only fills part A of a given document, while
another worker fills part B of the same document, the two could do it simultaneously. This saves time and builds a compact workforce thus improving the office efficiency.

* Improves external communication: with a well planned document imaging program, stored documents can be sent through emails and the required transactions carried out quickly. In addition, the general documents can be shared in a company’s website for interested users to download or preview.

* Increases office space: elimination of large files and filing cabinets saves office space and makes it look
tidy. In addition, rented file storage is also eliminated. Enough office space and a tidy look promote workers

freedom and ensure to proper air circulation thus making activities to run smoothly.

* Enhances Versioning:  Versioning refers to the ability to have different document versions depending on changes. This helps in work follow-ups and timely documentation. Record keeping and record management is every important in any office. The efficiency of processes in any office depends on the methods used. When modern good electronic document management programs are employed, things can be simplified. We can therefore comfortably conclude that, applying planned document imaging program improves office efficiency.

 

How to Develop a Document Management Plan for Your Business

February 4th, 2012

Management of documents is a big and complex subject that needs careful consideration. It is an expensive proposition so everything must be planned carefully before implementing any software or process. There are two types of document management systems. The first involves storage and management of paper documents, while the other system refers to the digitization of the paper documents. Nowadays most companies prefer the electronic document management system because of various advantages associated with it. Under this system, details of the documents can be captured, processed and stored using a combination of hardware and software.

There are two ways to do this. The first is to keep the scanned copies of the original documents. The second is to convert the text matters printed on the papers into digital format. This not only makes it easy to retrieve the required information quickly but the data collected takes up minimum space on the servers. Images have to be scanned into image format and take up large server space. When the data present in the documents is converted into digital format, it becomes easier to retrieve, process and use the information and records. The required number of documents can be retrieved quickly as and when needed. This is simply not possible with paper documents that take up lots of space.

A company that relies on paper documents has to hire employees to handle the whole setup. The manual setup proves an inefficient method. It is difficult to store, process and retrieve documents. This problem simply does not exist when electronic document management system is used. Business owners interested in implementing document management system have to consider several things. The first is to be sure about the requirements. Different types of documents, such as invoices, bills, contracts and other documents are generated during the course of the business. These documents relate to sales, account, buying and selling. The document digitization goal must clearly identify how the documents must be stored. One should be sure about the techniques and processes that would be used to convert documents into digital format.

Developing an effective plan for document management is the most important thing. If documents are stored incorrectly under the wrong headings then it creates a big problem for the future. It is important to use document management software that is reliable, secure, and upgradable with all the required features. The business owner needs to be careful of using an application program that requires regular annual payment. The applications should be able to validate and upgrade over the Internet. It ensures that only the latest version of the software is used.

An important part is to plan the budget for the whole setup and process. In some cases, it may require hiring additional employees or temporary workers. They are needed to convert the paper documents into digital format. Initially, workers are needed if there are lots of documents that require scanning and handling. The document management setup is an integrated system that involves a combination of hardware, software, techniques and processes. Correct implementation of document management system speeds up the business process and makes the company more effective, efficient and economical. It becomes easier to authenticate, index and retrieve the required information with a few clicks.

Why Use Document Management Software For A Paperless Office?

December 2nd, 2011

Steve Breault, Vircosoft Founder / CEO

Technological advancement has introduced a whole new technique for companies to carry out business activities and has played a crucial role in developing paperless offices. One of the best ways to create a paperless office is by using document management software which changes paper documents into digital files.

A good document management system provides an increase in productivity, reducing cost of document storage and saving on retrieval time. Document manager software is designed for both single and multiple users and is appropriate with your established business programs including Microsoft. Document management systems allow you to check, route and safely store records.

Some of the features of Document Management software include:

  • A centralized electronic storage program containing details in any format that duplicates your current or new filling arrangement
  • The freedom to search and access records by content or using the program structure which can be customized to your needs, to view documents multiple or single format.
  • The ability to configure document protection by allocating users and groups to different levels of accessibility ideal to their needs and benefits.
  • Easy access to information from off-site services anywhere anytime in the world

A paperless office in general provides your business with the following benefits:

  • Less cost of printing, sending, distribution, and document storage
  • An increase in your client support efficiency as buyer details is much simpler to locate
  • The security of never ever losing documents again regardless of any circumstances.
  • Updating documents information becomes so much easier because once a document is updated in the document management program all versions are immediately available to all who have access to the program.
  • Paper use is decreased drastically so you can promote your company as an environmental friendly business.

One major benefit of investing in paperless office software is that it considerably lowers labor cost. In a standard installation, staff make use of paper to share information. This includes photocopying data, processing records and other related tasks. According to research, 40 to 60 percent of an employee’s time in the workplace is spent handling papers.

Investing in document management program will reduce company,s expenditures. If documents are changed into electronic copies, staff quickly access a needed document, thus making it possible for them to get more information with less time and achieve more task for any given day. Paperless program like Vircosoft’s VFiler easily manages all documents that have been digitalized through its program, so if one employee unintentionally removes an important document, the company does not have to go through great lengths just to find it; instead, programs like vFiler quickly creates backup for all documents hence no document can be lost.

Another big benefit is that companies can quickly send or transfer their documents to their companies various offices, so shipping costs are reduced. They may even choose to spread responsibilities to their staff located all around the world and benefit from lower labor rates in other regions.

So, whether a business is just starting out or is already well-established introducing a paperless office will help in reducing expenditure and generating more revenue. In the end, while traditional methods are hard to let go,  if they are turning out to be more expensive, then letting go for a more cost-effective but quicker method is clearly the better option.

Document Management Software for Business Efficiency

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

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.

 

IT Managers Search for Document Management Software

October 24th, 2011

Steve Breault, Vircosoft Founder / CEO

Most company managers are looking to convert to a paperless office and are very aware of the benefits they will derive once business document management software is incorporated into the setup of their companies. When it comes to scanning, indexing and securely storing business information digitally onsite or offsite, easy access or retrieval of business documents with the click of a mouse, excellent operational efficiency and productivity, meeting and surpassing customer expectations by providing top-notch services and 24/7 remote access to documents from anywhere, IT managers know that digital document management software takes businesses years ahead of paper and mixed media once installed. If a company operates in a sector where cumbersome regulations and frequent audits are required, then this business document management application provides excellent audit trails paper files can’t withstand.

There are basic features company executives and managers should look for in any electronic document management software that promises efficiency and enhanced productivity and here is a checklist that will help you avoid a pitfall in selecting the best business document management software your company needs:-

User friendly interface: Any efficient digital document management application must be built on a solid user friendly interface. It is obvious that the best software solution can fail if it’s difficult to use by employees. Efficient electronic filing system will have tool tips or help functions to guide users through every step whether it is document scanning or capturing, indexing, accessing and general procedures involving management of business information. The software should have a single sign-on for all applications so that users won’t have to sign-on every now and then or need to remember and use multiple sign-on passwords.

Features to help make content searchable easily: If a digital filing solution will make successful search of content possible in a flash, then it must have thorough, logical and consistent indexing features. Look for a business document software solution that incorporates a full text or enterprise search options in order to enhance search performance. It may be good to ask some clients of your prospective vendor about their content search user experiences before you proceed to seal the purchase contract. Don’t settle for an electronic document filling application that is known for occasional document loss and don’t settle for an application that offers less than an excellent result when you are in a haste to locate a document file.

It should be scalable for your current and future needs: Consider the future of your business and its growth potentials and see if the document management software is scalable to offer relevance and support to the present and future needs of your business. Will the digital document solution be adequate for your present and future needs? Will the vendor offer professional integration services or will you have to struggle alone? Ask yourself these questions because the greatest return on your investment once you incorporate the digital filing application will be when you can leverage on it to improve your business now and in the future.

For every business to thrive and grow, it requires reliable access to its documents (including emails) which must be safe and secured always from unauthorized persons. Efficient document management software helps businesses rise above daily challenges while its managers are focused on reaching projected goals.

Is Document Management Software Important?

October 17th, 2011

Steve Breault, Vircosoft Founder / CEO

Documents are a critical component of running a business. Keeping business documents helps in ensuring the survival of every business. While every business owner knows this, too often, because of the sheer volume, mission critical documents are left unsecured or simply placed in a file cabinet.  In fact, many businesses put a higher priority on managing their office supplies than they do their business documents. There is a simple, low-cost, easy to use solution in the form of document management software.  Digital business document management software is what you need.

How business document management software will support the growth of your business: An efficient business document management solution will help you turn your paper files into electronic documents, index the files, store them and help you to retrieve instantly. Imagine never losing or misplacing a document ever again?  A business document management system will help you monitor the progress of your business even when you are offsite or on a business trip by having real time access to every document.

It will assist you to prepare your business financial statements accurately and in record time, it will help you to keep track of your business receipts from anywhere and at any time and identify the sources of every receipt. When you need to prepare your business tax returns, this electronic document management software will assist you to track every document needed to file your tax returns accordingly, it will also help you to keep track on your customer database and information when you need them as well as keep track of vital business contractual documents.

The software will also ensure maximum security of your business information from all unauthorized persons and you could restrict some parts of your documents from being accessed by unauthorized persons even among your employees while enabling you to be efficient in attending to your customers at a speed that is not attainable with the use of paper document and the file cabinets, hence, helping you to improve your customer relationships and satisfaction and enabling your employees to be more efficient and productive- which are really the basic elements a business needs to grow.

Document management solution will help you to run your business automatically and cope with multitasking situations: Once incorporated into a business setup, document management system aids a business to run automatically and then you will able to cope with multitasking business requirements without the need to waste time, energy and money  in tracing any business document again. Your company should be able to focus more on the core aspect of your business which will improve productivity and your business profits.