With a large influx of data in the enterprise, more companies may need document management software to keep up with all of the information coming their way. According to the InformationWeek Content Management in the Enterprise Survey however, many businesses still don’t have a plan for managing content.
Business Analytics becomes an important decision making process when an organization starts to look at itself in more of an introspective manner. For instance, a company will want to understand fully where its production line is least efficient, what geographical area is driving the most sales, what marketing efforts are paying off the most, or simply what product line is driving the most revenue. But how can you ensure that your organization gets the BI solution that it needs?
There are a number of ways to simplify the work environment, from removing unnecessary tasks to utilizing technology to create greater efficiency. Document management is one such tool. It allows for business simplification and improvement through a technology investment. But all vendors will promise in some way or another to make your life easier while [...]
Large businesses, small companies and home offices have all taken part in the going paperless initiative. Document management solutions have become increasingly popular, tablets and smartphones have facilitated the switch to an electronic office and paperless receipts have been growing rapidly in recent years. Mother Nature Network said while businesses have been making strong moves toward a paperless existence, some continue to have areas in their operations where paper is unnecessarily used, and can be quickly converted to being paper-free.
Natural disasters can have some terrible effects on businesses. According to the US Department of Labor, 1 in 4 business will suffer a catastrophic loss, and Coopers & Lybrand suggest that 70% of today’s businesses would fail within 3 weeks after experiencing a disaster .If a company is storing all of its paper or electronic documents at an office that gets hit by a tornado, hurricane or flood, things can go from being within reach to destroyed forever. Going paperless can help protect a company’s information from disaster, so even if the business’ physical location is wrecked, the information required to run is salvaged.
While doctors have embraced content management and mobility, one study suggests that the technology may not be able to keep up with their innovation. The medical industry may need more advancement from Apple’s iPads before the full benefits of ECM and workflow can be fully utilized remotely. A survey by Spyglass Consulting Group said that while 80% of doctors see the popular tablet as having a promising future in healthcare, they are skeptical that it’s ready for prime time right now.
When a business experiences the significant setbacks that a natural disaster can bring, it is all too often that the company is never able to recover. Safeguarding against such threats is imperative to protect the business. See how one company was affected and how their content management was too little, too late.
Security concerns consistently remain a top roadblock for adopting a successful document management and workflow solution. Yet, many organization’s don’t realize that an electronic system can actually be more secure than traditional methods of protecting important data. From permission based controls to reliable information back ups, many ECM features offer enhanced security for vital company records, and government legislation could add even more .
Electronic health records are becoming more prevalent, and the numbers prove that more companies and health providers have been looking into document solutions to put their patient records, financial information and more onto an electronic format. IDC Health Insight reports that by 2016, more than 80 percent of healthcare providers will have an electronic healthcare system in place.
Microsoft is a convenient fallback for many companies; they utilize the program because it is what they are accustomed to. Over 100 million people currently use Microsoft products in fact, but that certainly does not mean it is the best solution for your business. The researchers at iDatix looked deep into SharePoint and discovered five key areas where the program falls short. The following points challenge you to take a fresh look at what SharePoint is really doing for your business-or not doing.
Although document management and workflow can be extremely helpful for cutting down paper use, improving customer service and enhancing employee access to information, financial companies need to be careful, as there are many regulations that need to be taken into account. Without analyzing your current processes and planning properly, there is a high risk of failure.