Electronic Document Management

Best Practices When Transitioning From Paper-Based to Electronic Document Management

Once you’ve chosen the right electronic document management software for the unique needs of your business, you’ll be able to significantly enhance your company’s processes. However, many are daunted by the initial transition period. 

The transition may seem like hard work, but it’s really not as difficult as it feels. The important thing is to stick to a few best practices:

1. Prepare your paperwork.
2. Find the right technology and work with an outsourced expert for a seamless experience.
3. Pick a focus area that will get your employees on board with new technologies.

Interested to learn more about this transition process and the best practices involved? Then why not read our blog, titled ‘3 Simple Steps to Transition From Paper-Based to Electronic Document Management’, for more detailed tips.

What are the Results of Electronic Document Management? 

Research from IDC found that document challenges account for 21.3 percent of productivity loss, while a report from PricewaterhouseCoopers found that 7.5 per cent of all paper-based documents in a business will be lost or misplaced. 

It’s clear that paper-based document management will result in wasted time, efficiency losses and unneeded costs.

With an Electronic Document Management system (EDMs) your business will have a better and more efficient way of storing documents and automate tasks. This will reduce business costs, improve productivity and give you instant access to information when needed.

Not only that, but Electronic Document Management systems will bring your organization significant process automation benefits. An EDMs will help you to automate processes such as accounts payable, capital expenditure and operational expenses, HR onboarding and much more. These improve the operational efficiencies of your business and empower you to become more profitable.