Top Five Reasons to Make the Move from Document Management to ECM Even after deploying core technology applications like enterprise resource planning (ERP), product lifecycle management (PLM) or supply chain management (SCM) software, organizations still face the challenge of handling unstructured content like paper, emails and faxes. To electronically store this content, many companies turn to a document management system. That’s a great first step, but to truly make your content work for your organization, consider making the move to an enterprise content management (ECM) solution. Although document management and ECM may appear like interchangeable terms, their offerings are vastly different. While document management focuses on document storage and retrieval, ECM allows you to capture, store, integrate, access, process and measure your content – adding key functionality that document management lacks. ECM evolves your document management strategy so it’s not just a system to store content; it’s a solution that supports strategic initiatives organization-wide. Look below to find out the five reasons companies are evolving from document management to ECM: 1. ECM scales to fit your organization’s needs. Document management applications often act as solutions that meet the needs of a single department or area of your company. ECM is a complete solution with the flexibility and scalability to meet your needs organization-wide, from operations and administrative departments to customer service. That also means ECM not only meets your needs now, but can also help you overcome new challenges in the future. 2. ECM removes the manual processes surrounding your organization’s content. Once content like invoices and contracts are in your ECM solution, it can be automatically directed through each stage of your company’s processes. Unlike document management systems, which lack sophisticated automated workflows, an ECM system ensures your content always gets into the right hands at the right time, speeding up processes like procedure signoffs, invoice approvals and contract management. 3. ECM mitigates risk. With ECM, you remove the risk associated with manual, paper-based processes. While document management systems traditionally provide basic storage and retrieval functionality, ECM features automated workflows that eliminate errors associated with manual processing, providing transparency into processes while supporting compliance efforts. 4. ECM retains more content types. Unlike many document management systems, ECM allows you to store virtually every content type – like paper forms, photos and CAD drawings – making your organization’s information instantly retrievable. This saves employees the time they used to waste searching for paper, safety procedures, drawings and other information. 5. ECM streamlines processes with seamless integrations. While document management systems are often deployed in specific departments and can be difficult to integrate with other IT systems, ECM integrates with any line-of-business application, allowing users to retrieve needed information without leaving their familiar work environment. That means no matter the type of data, users have instant access to information when they need it, speeding up processes company-wide. Documents drive business processes. As a result, it’s crucial companies utilize technology so it provides the biggest return on investment. Although document management provides basic storage and retrieval functionality, ECM transforms your work environment, streamlining business processes for increased efficiencies across the enterprise. Learn more at Hyland.com
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