14/05/2009
Small and medium sized businesses often face challenges regarding storage, organisation, and retrieval of vital files, records and documents. Information is usually stored in a variety of formats with the volume of information continually growing. Regulatory guidelines and client demands regarding record retention are becoming tighter than ever, so a reliable, electronic document management (EDM) solution has become increasingly important for businesses.
The Challenge
Most businesses understand the need for a document management solution, but perceive implementing one to be time-consuming or expensive. As a result, they risk losing important information due to inconsistent file structures, inadequate retention policies, or poor enforcement of company standards.
A Solution
There is a highly affordable and simple to implement document management and retention solution for small and medium sized businesses. Such a solution can result in a more organised file structure and central repository. A standardised structure can enable teams to organise, share, and access important documents, helping to improve collaboration and team productivity. Having a centralised system can also enable easier enforcement of corporate retention polices.
Did you know?
- Computer users spend 7.5% of their time on a PC looking for misplaced files.*
- At any given time, 3-5% of an organisation’s files are lost or misplaced *
- Electronic Document Management is becoming one of the fastest-growing software applications in the UK and Europe **
* Survey reported in Information Week
** CRN