Monday, January 12, 2009
Document management solutions
Who uses document management solutions?
The benefits of document management solutions hinge on their ability to improve your business processes without changing them too much. While one reason to choose document imaging – that you’re drowning in paper files – is fairly obvious, there are benefits to be had across a wide range of situations and industries.
Reasons to turn to document management solutions
More and more industries are falling under the influence of legislation that requires specific procedures for record keeping. Financial services companies need to be able to prove that information is unaltered to comply with Sarbanes-Oxley; medical practices have to prove that their records are safe from prying eyes to comply with HIPPA. The legal industry also has specific requirements related to discovery, including full-text searching of massive amounts of documents.
For businesses in these more regulated industries, document management solutions are by far the best way to ensure compliance with strict security and record-keeping rules. It’s important to note that such systems only help your company become compliant, they don’t guarantee it. But, the right procedures and behaviors do. No matter how secure your electronic records are, if an employee prints sensitive information and takes it to lunch, you’re not in compliance.
Ref: document management
Friday, January 9, 2009
Document management systems
Simply put, document management systems can transform the way your business operates. Whether you’re solving a paper problem or simply improving the way you handle electronic files, the right document management system can provide a wide range of benefits for businesses large and small. I talked with one instant life insurance rates providers, he says he use insurance software which helps him to manage all the documents. Document management required 20% of his working time just to manage them.
If you have employees who spend most of the day filing or retrieving documents, or if you spend good money every month to warehouse old paper records, you should investigate a document management system. Online blinds company who are selling vertical blinds and roller shades, he says that document management systems helps to save his time as well as his effort to recreate document again.
As you start investigating your options, one distinction to be aware of is between document imaging systems and document management software. The essential difference is that document imaging systems include tools to help you convert paper records into electronic files, while document management software is used to manage your electronic files.
Ref: document management
Wednesday, January 7, 2009
Electronic Document Management Software
MetricStream Electronic Document Management software module enables companies to adopt an electronic and automated approach to document management across the enterprise. This web based electronic document management software system provides a central repository to store and organize documents. Integrated collaboration and workflow tools can be used to access, create, modify, review, and approve documents globally in a controlled manner. The powerful analytics and reporting capability with graphical dashboards to track each document from origin to obsolescence gives managers complete visibility into the system.
1. Maintain a central, secure repository for efficient storage and access to control documents, policies and procedures
2. Accelerate review and approval cycles with documents automatically moving from one stage to the next
3. Improve communication and teamwork across departments and functional areas
4. Gain enterprise-wide visibility into document status with measurable performance metrics
5. Lower cost of regulatory compliance (such as FDA 21 CFR Part 11) with electronic documents and signatures, revision control, and audit trails. More…
Friday, January 2, 2009
Document Management System-1
Features
1. DMS manages all kinds of documents (paper, electronic — Word, Excel and 200 similar formats) and images (tiff, gif, jpeg, etc)
2. Faster retrieval saves time
3. Organizes documents
4. Safe against natural disaster
5. Multiple users can share documents at the same time
6. No need to buy and install software (like MS Office or others) at multiple locations.
7. Maintains confidentiality, secrecy and accuracy of data
8. Ability to step into the customer's shoes and provide state-of-the-art solutions on a turnkey basis
9. Pioneering innovative technologies
10. Error-free data capturing
11. An efficient and economical option
12. Expertise developed in heterogeneous environments over decades
13. Highly scalable
In our next post we will discuss on Electronic Document Management Software which is also important part of the document management.
Tuesday, December 30, 2008
Document Management System
Today's world of information technology is all about accessing and managing information in a cost-effective manner, saving valuable time and space.
Research shows that in any business 98 per cent of the documents are stored and archived for future reference after their current utility ends. Large spaces are required for storage of these documents, wasting valuable space. Stored documents are also exposed to the risk of damage, being misplaced or misfiled. Retrieving documents is extremely time consuming. Sometimes, extra manpower is required just to maintain them.
Document management solution handles documents by electronically storing, organizing, indexing and filing. They can be retrieved when required, without any loss of time.
1. It uses imaging technology to enable access to the unstructured data in the form of documents present in your organization.
2. It brings all documents to your desktop and enables you to work with them, eliminating the need for paper-based documents.
3. It is a powerful document archival system, which ensures safety of documents, faster access to them and huge cost savings.
This technology will enable you to manage paper as well as electronic documents and files in a single system. Documents are electronic and can be retrieved easily for quick reference.
Monday, December 29, 2008
Paperless office-3
An important step in the paper-to-digital conversion is the need to label and catalog the scanned documents. Such labeling allows the scanned documents to be searched. Some technologies have been developed to do this, but generally involve either human cataloging or automated indexing on the OCR document.
However, scanners and software continue to improve, with small, portable scanners that are able to scan doubled-sided A4 documents at around 30-35ppm to a raster format (typically TIFF fax 4 or PDF).
Issues in keeping documents digital
1. Business procedures and/or government regulations. These often slow the adoption of exclusively electronic documents.
2.The target readers' ability to receive and read the digital format.
3. The target readers' ability to manipulate, i.e. highlights, annotates, or edits data in a digital format.
4. The longevity of digital documents. Will they still be accessible to computer systems of the future?
Paperless versus traditional office philosophy
A traditional office consisted of paper-based filing systems, which may have included filing cabinets, folders, shelves, compactuses, microfiche systems, and drawing cabinets, all of which take up considerable space, requiring maintenance and equipment. A blinds manufacturing company who make roller shades and woven wood shades , they are doing business online with paperless office. Few years back it was not possible. Same way, we can take example of term life insurance agents who are doing online business which is again a paperless.Meanwhile, a paperless office could simply consist of a desk, chair, and computer (with a modest amount of local or network storage) and the user could use and store all the information in digital form, including speech recognition and speech synthesis.
Paperless office-2
An issue faced by those wishing to take the paperless philosophy to the limit has been copyright laws. These laws restrict the transfer of documents protected by copyright from one medium to another, such as converting books to electronic format. An important step in the paper-to-digital conversion is the need to label and catalog the scanned documents. Such labeling allows the scanned documents to be searched. Some technologies have been developed to do this, but generally involves either human cataloging or automated indexing on the OCR document.
However, scanners and software continue to improve, with small, portable scanners that are able to scan doubled-sided A4 documents at around 30-35ppm to a raster format (typically TIFF fax 4 or PDF).