Inefficient communication channel and the lack of a unified data source are two primary reasons for inefficiency in business processes. Implementing an agile document system is a business imperative, especially when most of the information today is digital information. But enterprises face bigger challenges when it comes to translating this information into competitive business advantage. In fact, there were some industry reports that 15% of all documents are misplaced, and whopping 30% of the workday is wasted searching for the right information. This is indeed a big corporate loss. Unless there is an effective, coherent and secure ways of document management – employees will always struggle to find the right information when they need it the most. This situation is compounded further when every department in your company uses different methods for document maintenance. In such a scenario, document finding takes time, revision tracking is a nightmare and auditors have to slog for long hours for compiling audit and other documentation work.
At EBS we understand that DMS is not just about storing, organizing and locating documents.
It’s about ensuring consistent business processes through better documents handling. Because when you have a robust DMS in place, workflows become more streamlined and better managed than before.
While on one hand, it ensures consistency of documents, on the other hand, it protects your corporate information from unauthorized access.