EDM Benefits
Electronic Document Management assists organizations looking to:
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Broaden market outreach |
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Streamline cost of doing business |
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Effectively manage business content |
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Enable better B2B and B2C communications |
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Protect valuable data and ensure business continuity |
Content is growing 400% a year, and most of it is not managed. Poor document
management leads to lost documents, duplicated data and wasted time. In fact,
several failed projects and resource bottlenecks are ramifications of inefficient
management of corporate information. Consider the following statistics:
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A typical, knowledgeable worker spends anywhere from 15 to 35% of
their time looking for information. – AIIM |
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After investing strategically in content management, enterprises
usually can save at least half of the time and money now spent on
non-automated document management. – Gartner |
Document mis-management costs big time! It is estimated that 25% of enterprise
paper documents are misplaced and will never be located resulting in a direct
hit to the bottom-line and customer/vendor relationships.
So why scan/index your documents?
Quality Control - Avoidance of human errors in paper documentation
storage, filing, research, and retrieval.
Time Efficiencies - Electronically enabled sorting, grouping,
search, and retrieval of documents reduces FTE needs from hours to minutes.
Cost Efficiencies - Significantly reduces office space needs
for paper storage; minimizes overhead for document management and retrieval.
Risk Prevention - Enables data back-up and retrieval for
audits and/or disaster recovery.
Standardization - Conversion to standard file formats, integration
with industry standard database software.
Convenience - Readily available electronic documents and
data hosting allow secure web-based global access to documents.
Flexibility - Any company can choose to gradually outsource
document management activities; services can be performed on-site.
Security - Secure treatment provided for confidential documentation.