{"id":11718,"date":"2022-10-06T07:00:00","date_gmt":"2022-10-06T15:00:00","guid":{"rendered":"https:\/\/formtek.com\/blog\/?p=11718"},"modified":"2021-12-19T21:01:59","modified_gmt":"2021-12-20T05:01:59","slug":"document-management-key-tool-of-digital-transformation","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/document-management-key-tool-of-digital-transformation\/","title":{"rendered":"Document Management: Key Tool of Digital Transformation"},"content":{"rendered":"\n

Document Management Systems are standard tools for most enterprises. The Document Management market is expected to grow to $6.78 billion by 2023, according to Statista<\/a>.<\/p>\n\n\n\n

Benefits of a Document Management Systems include the following:<\/p>\n\n\n\n

Save Space<\/strong> – Digitizing and using electronic files means that the space needed for storing paper in drawers and file cabinets can be freed up.<\/p>\n\n\n\n

Security <\/strong>– Computerized storage systems can manage who sees which documents and also can provide an audit history of who authored or modified a document and who has had access to a it and when the access was made.<\/p>\n\n\n\n

Regulatory Compliance<\/strong> – Document Management systems can streamline compliance and enable automated classification and application of retention schedules. Non-compliance with regulations can result in high fines and even criminal liability.<\/p>\n\n\n\n

Version Control<\/strong> – Keeping track of document revisions, who made changes, and when changes were made are all standard features of Document Managment Systems.<\/p>\n\n\n\n

Easy Backup and Recovery<\/strong> – Documents stored electronically enable easy backup and storage of data in secure remote locations so that in the event of a disaster your data is still available and can be recovered.<\/p>\n\n\n\n

Workflow and Collaboration<\/strong> – Document Management systems increasingly provide tools for teams to collaborate and to share information, comments, and reviews.<\/p>\n\n\n\n

Better Searchability<\/strong> – Search and retrieval of documents is streamlined with computerized storage.<\/p>\n

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Document Management Systems are standard tools for most enterprises. The Document Management market is expected to grow to $6.78 billion by 2023, according to Statista. Benefits of a Document Management Systems include the following: Save Space – Digitizing and using…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85,12],"tags":[],"class_list":["post-11718","post","type-post","status-publish","format-standard","hentry","category-digital-transformation","category-document-mangement"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/11718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=11718"}],"version-history":[{"count":1,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/11718\/revisions"}],"predecessor-version":[{"id":11719,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/11718\/revisions\/11719"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=11718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=11718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=11718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}