We will walk you through each software’s key features and help you pick the right one that fits your business. Here, you’ll get to know below the 15 best document management systems that can help you go digital, automated, and paperless. These applications modernize file organization and document sharing, translating workflows into efficiency, productivity, and savings. With this installed, companies can have a secure online repository of your documents where users can easily search, retrieve, and share files.
DOCUMENT INFO TECHNOLOGY PROCESSES SOFTWARE
And this starts with a good document management software solution. A central vault to keep company information is vital. This is just too inefficient for the demands of the dynamic business landscape of today. Further on, 1 out of 10 paper documents can’t be retrieved as quickly or at all, or 7.5% of them get lost. Moreover, professionals spend 5 to 15% of their time reading information and up to 50% of their time finding them.
![document info technology processes document info technology processes](https://www.airiodion.com/wp-content/uploads/2019/12/Impact-Analysis-Template-Excel.png)
Researchers have found that companies spend $20 to file a document, $120 to find a misfiled document and $220 to reproduce a lost document. However, this is just a slight anomaly fueling the overall trend. One obvious thing is the COVID-19 pandemic and the increase of remote work setups. This is a testament to the growing demand for going digital. This is a 107.98% growth in the span of a half-decade. Come 2025, the value is projected to reach $10.17 billion by a 2020 study. The worldwide market value for document management software was $4.89 billion in 2019. In no time, you’ll be able to pick one that best suits your needs. Whatever solution you go for, consider how it performs in terms of central file storage, scalability, accessibility, time and cost efficiency, and other core functionalities. In this article, we’ll focus on the 15 best document management systems that you can choose from. But, not all digital tools are created equal. The COVID-19 pandemic, however, has accelerated the rate of adopting digital tools. It is a wonder why many companies are not going digital as fast as they can. For businesses, those are billions of dollars spent on time and money.
![document info technology processes document info technology processes](http://klariti.com/wp-content/uploads/2017/01/product-document-map-template-2.gif)
This is even with the prevalent use of electronic or digital document management software.įor Mother Nature, those are millions of future wastes.
![document info technology processes document info technology processes](https://image.slidesharecdn.com/documentprocessautomation-140630035906-phpapp01/95/document-process-automation-solutions-invensis-technologies-11-638.jpg)
It is estimated, however, that over 4 trillion paper documents are produced in the United States alone and growing at an alarming rate of 22% per year. Have you ever wondered how many paper-based documents your organization produces every day? You probably don’t. It streamlines internal processes and accelerates the sales cycle with its rich collaboration and document management tools. The best document management software is PandaDoc, a robust platform that helps you create and share documents online.