Electronic Document Management Systems
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What is an electronic document management system (eDMS) ?
With the EDMS, you can store a large volume of digital documents centrally, and Mobilcompatt EDMS is designed with great features for proper efficiency!
An electronic document management system works in a three-step process that includes:
1. Document and Data Capture – The documents can be stored by capturing them first from any source. More often than not, paper documents are captured through a high-speed scanner. They can also be obtained from emails by saving attachments. Metadata is usually added to these captured documents to better index them on an EDMS. This might include dates, topics, keywords, or any other classification system that may be useful.
2. Central Document Storage – After scanning and indexing the documents, it’s time for them to be electronically stored. It’s generally important that these electronic records can be accessed by many employees to allow file sharing and real-time collaboration. There is where central access comes into play. An EDMS can be set up for on-premises access or through cloud-based document storage so documents can be accessed from anywhere.
3. Document Retrieval/Distribution – The third step is document retrieval, preferably at a moment’s notice. This is when the previously categorized metadata comes in handy – EDMS’s use a search function for retrieval to easily bring up a document so you have it on hand as quickly as possible. EDMS also allows for file sharing via email or uploading and sharing through an app for easy distribution.
How Can an EDMS Help My Business?
As a business that is just starting out or even as a well-established one that’s been around for 20 years, there has undoubtedly been a time where you couldn’t locate a file that you absolutely needed. This could have resulted poorly for your business in terms of confusion between employees or money lost and may have even embarrassed you in front of a client.
When you automatically add a file to an EDMS, you can retrieve it without having to sort through stacks of paper. The possibility of a paper file becoming lost is eliminated.
The first reason is that physically filing and retrieving paper files takes up valuable time. The time that you’re paying employees to file documents can be put to better use and redirected towards productive tasks that strengthen your business.
The second reason is that you’ll need additional filing cabinets and more space as your company grows. An EDMS eliminates the need for the purchase of expensive physical storage systems.
We’re all familiar with the data breaches that have occurred in recent years and an EDMS is set up for safety and security. An EDMS also has an onsite backup if both physical and digital copies of your files are destroyed.
Keeping up with this time period is easy when your files are stored in an EDMS rather than tucked away in a garage or a storage facility. An EDMS can also be set up to automatically destroy files that are dated past a certain time period, automatically ensuring your business is in good compliance.
As we head further and further into the digital world, the need for physical files is slowly disappearing More and more businesses are choosing to go paperless, and for good reason – not only is it better for the environment but storing documents online also increases productivity, security, and increase collaboration opportunities.
An EDMS streamlines the way your business is run and makes for much happier employees and customers.