The 3 Biggest Risks Your Organization Faces and How Web-Based Document Management Insures Against Them
The advantages of using document management software are numerous and well-known, but for many organizations it’s not so much the decision to adopt this type of web-based technology, but setting priorities for use once it’s been implemented and deployed.
Learn how Non-governmental organizations prosper from document management and workflow process optimization.
We've also got the top 3 business drivers for adoption of document management software, customer success stories, insightful whitepapers, and more!
Read it here!
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We've also got the top 3 business drivers for adoption of document management software, customer success stories, insightful whitepapers, and more!
Read it here!
As daunting as income tax season is for individuals every year, an equally pressing and year round concern for businesses is compliance with the Sarbanes-Oxley (SOX) Act. SOX legislation was enacted in 2002 in order to mandate accountancy regulations for publicly traded companies. The Bill was passed in response to several high profile corporate accounting scandals which cost investors billions of dollars and weakened public confidence in American securities markets.
The financial services industry has traditionally been a paper-heavy business. As it becomes more highly regulated however, businesses large and small are starting to implement document management software solutions to increase efficiency and security…without sacrificing profitability.
Financial institutions such as investment services firms, wealth management, insurance and credit institutions, CPAs and accounting firms, as well as mortgage and brokerage companies can leverage document management solutions in two major ways:
- To streamline workflow for increased efficiency
- To comply with regulatory requirements
Maintaining client privacy using paper files can be an administrative hassle and logistical nightmare. A secure, cost-effective, and practical alternative is capturing, processing, storing, and sharing client information electronically.
A comprehensive document management software package can easily and affordably accomplish all of these objectives. Document management software can help financial services professionals manage all of their confidential client paperwork, such as:
Capturing, sharing, and storing documents with an online management system is the status quo for many organizations today. Since 80% of all corporate information is in the form of documents, managing them is essentially the same as managing your business intelligence. So are you proactively managing, or just statically storing your vital information?
Few people probably remember the 5 and Dime thrift stores which populated the landscape of small town America. We used to call them Mom & Pop shops! Today, many of those businesses are being replaced by a handful of global corporations which dominate the marketplace due to years of mergers and acquisitions.
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