Many organizations deal with a huge amount of sensitive documents. With an EDMS it is possible to automate many document-related tasks, thus freeing up valuable time and resources that can be better utilized on more strategic procurement decisions, and enhancing customer relationships.
Document management systems can help businesses meet the requirements of regulatory agencies. They ensure that documents are stored and arranged according to guidelines established by the business. This lets employees gain access to information, decreases the risk of penalties and legal action for non-compliance, and boosts productivity.
Capturing and imaging is one of the most important features an EDMS can provide. This lets users upload images of documents or digital files using optical recognition software. After the capture, the EDMS will organize the files and label them with metadata, making it easy for authorized users to locate and retrieve them.
An EDMS should also provide intuitive and instinctive file management, with the ability to store files in logical folder structures as well as standard naming conventions. The EDMS must also offer the ability to search for and locate files easily. Simple retrieval can be as simple as searching for the unique identifier of a document, and more flexible searches may utilize a combination of unique identifier, in conjunction with other metadata, to generate a list of matching files.
Finally, an EDMS should also feature real-time collaboration capabilities for team members, so that they are able to collaborate on shared documents from any device or location. This helps reduce the time spent waiting for new documents you can check out the link and enables better communication between team members.