{"componentChunkName":"component---src-templates-articles-index-jsx","path":"/articles/electronic-records-management-101/","result":{"data":{"props":{"adsense":true,"adsenseMobile":false,"byLine":"","canonical":"https://staging.business.com/articles/electronic-records-management-101/","content":"\n<p>An electronic records management (ERM) strategy regulates how your organization's information is created, edited, shared, tracked, stored and protected. Using ERM software simplifies the process of records management by automating many functions like generating metadata for easy document retrieval and enabling access for approved employees.</p>\r\n<p>With ERM software, you can collect and store pertinent business records such as contracts, emails, receipts and audit trails.</p>\r\n<p>Read on to learn more about ERM and the key benefits it can provide for your business.</p>\r\n<h2>What is electronic records management?</h2>\r\n<p>Organizations use ERM applications to efficiently and systematically manage and share documents. It allows companies to reduce the physical space required to store paper documents and physical records, and it keeps critical documents safe from physical hazards like fire, floods or other damage.</p>\r\n<p>Another advantage of using an ERM system is that it supports the automatic enforcement of consistent policies and styles across your organization, plus it may help your company comply with federal, state, and industry regulations.</p>\r\n<p>An ERM system works with your documents by generating unique identifiers to make documents easier to find, providing safeguards against unauthorized users or changes to documents and creating an audit trail, all of which help protect your business and your information.</p>\r\n<h2>Why is electronic records management important?</h2>\r\n<p>An ERM system is important for any modern business because of the efficiency it provides. By electronically creating, storing and managing your documents, ERM systems allow any employee to access any record or document at any time.</p>\r\n<p>Collaboration is easier, too. Employees can collaborate with their co-workers, track changes and easily find any electronic document within the ERM system.</p>\r\n<h2>What are the benefits of electronic records management?</h2>\r\n<p>Implementing an ERM system in your business can make nearly every day-to-day task that involves documents quicker and easier to accomplish, and it helps your team stay organized, which enables them to work more efficiently.</p>\r\n<p>Here are some of the main benefits of an ERM system.</p>\r\n<h3>Efficiency</h3>\r\n<p>The main benefit of a CRM system is the impact it can have on your business's efficiency. Having one centralized place where all of your organization's digital records are kept can increase your business's productivity and make day-to-day operations smoother. An ERM enables employees to track changes on documents, pull up any document through advanced search and indexing, and make sure all regulations and policies are being followed.</p>\r\n<h3>Cost-effectiveness</h3>\r\n<p>If you're a new business, or even a small business looking to save money, an ERM system can help you cut costs by reducing the time your staff spends manually processing documents. It also eliminates the need for physical storage space for paper records.</p>\r\n<h3>Compliance</h3>\r\n<p>If you're in an industry that deals with sensitive information (healthcare, legal, etc.) or are a government agency, this feature may be of particular interest to you. Many <a href=\"https://www.business.com/categories/document-management-software/\">document management systems</a> and ERMs come with automatic compliance features that make it easier to comply with federal, state or industry regulations such as HIPAA. An ERM system with compliance features can help you stay on track with certain procedures, remind you how long certain documents must be kept filed, or automatically destroy an original record when the retention period is up by keeping documents on a records retention schedule.</p>\r\n<h3>Security</h3>\r\n<p>Data security is vital in today's world, so it is important that your business can assure customers that their information is safe in your hands. An ERM system can help you do that by providing and automating key security features such as user access controls, document tracking, password protection, automatic backups, determining a records manager and more. Electronic storage is also useful for digital preservation by storing all documents in a safe digital space, <a href=\"https://www.business.com/articles/cloud-document-management/\">such as the cloud</a>.</p>\r\n<h3>Scalability</h3>\r\n<p>A major benefit of ERM compared to traditional paper document management is its ability to grow with your business. No matter how big or how quickly your business grows, your ERM system grows with you and keep track of all your documents.</p>\r\n<h3>Collaboration</h3>\r\n<p>An ERM system makes it simple for users to share and collaborate on documents. Look for tools such as live editing, <a href=\"https://www.business.com/articles/computerized-filing-system/\">file sharing</a>, plugin integrations and access restriction controls.</p>\r\n<h2>How to digitize and name your files</h2>\r\n<p>If your company has recently implemented or you're on the cusp of implementing an ERM system, decide <i>exactly</i> how you want to name and organize your files so it's easy for anyone in your organization to find and use them effectively.</p>\r\n<h3>Digitizing documents</h3>\r\n<p>While most documents are digital from creation these days, if you are in the process of converting your document management system from analog to electronic, you may have many papers waiting to be digitized and entered into the system.</p>\r\n<p>To convert these paper documents to electronic files, here are the steps you must follow:</p>\r\n<ol>\n<li>\n<strong>Gather your documents. </strong>Gather the files you need digitized and organize them loosely – for example, you can make piles of invoices, piles of receipts, etc. Make sure your stacks are neat, and don't be afraid to adjust your piles as needed. Keep in mind that this is just the start of your organization and that you will dive deeper into indexing later.<br><br>\n</li>\r\n<li>\n<strong>Find a scanner. </strong>Next, you need a device to scan the physical piece of paper into a digital format. This can be a scanner built into your printer, or you can download a mobile app such as <a href=\"https://acrobat.adobe.com/us/en/mobile/scanner-app.html\" target=\"_blank\">AdobeScan</a>, <a href=\"https://www.dropbox.com/features/productivity/doc-scanner-app\" target=\"_blank\">Dropbox</a>, or <a href=\"https://fueled.com/blog/document-scanning-app/\" target=\"_blank\">Genius Scan</a>. A scanner uploads a digital file to your computer, while a mobile app creates a PDF or JPG file that is stored on your phone or an online storage site and can be exported to wherever you need it.<br><br>\n</li>\r\n<li>\n<strong>Organize your digital files. </strong>This is the most important part of the process as it determines how your company finds and works with documents. It is very important that you implement a sensible, organized system from the very start and create a companywide policy for naming documents. You can organize files in any way you want that makes sense for you and your business. <i>Your system must make sense to you, first and foremost, but an outsider should be able to find a document easily</i>.</li>\r\n</ol>\n<h3>Naming your files</h3>\r\n<p>When organizing files, a file name is the main identifier for the document. It provides metadata that helps contextualize that document with other records and record series. Having a consistent file-naming policy can increase collaboration and efficiency as well as help your organization stay compliant if you are in an industry with information-based regulations.</p>\r\n<h2>How to choose an ERM system</h2>\r\n<p>Besides price, consider your business's unique needs and what you hope to get out of ERM software. You should also consider:</p>\r\n<ul>\n<li>How many documents you have (i.e., how much storage you will need)</li>\r\n<li>What types of documents you have (Do you have sensitive material? Large-format documents?)</li>\r\n<li>Whether your documents need to comply with regulations</li>\r\n<li>How many security measures you need</li>\r\n<li>What features you want</li>\r\n<li>The level of automation you are looking for</li>\r\n</ul>\n<h2>How to keep electronic files secure</h2>\r\n<p>If all of your documents are digital, it is important that you have a system in place for keeping files safe and secure from threats like hackers or malware. A data breach can mean severe financial and PR-related consequences; it is in your best interests to do all you can to avoid one.</p>\r\n<p>Here are five things you can do to protect your electronic files.</p>\r\n<ol>\n<li>\n<strong>Regularly back up your files. </strong>This should be a no-brainer, but it's a step many people overlook. If a virus infects your systems, you'll likely need to wipe your computer and reinstall programs, which may result in you losing important files. Make sure you are regularly backing up your files; make it a monthly recurring task to help you remember.<br><br>\n</li>\r\n<li>\n<strong>Use an external hard drive. </strong>If you want to be extra secure about having backups, use an external hard drive to store copies of files. As the name suggests, external hard drives are entirely separate from your computer; your files are protected no matter what happens to your computer. You can even change the default storage location of your files to automatically store in the hard drive.<br><br>\n</li>\r\n<li>\n<strong>Use cloud storage. </strong>Cloud storage is an increasingly popular option, since it is simple to use, easy to secure, and can be accessed from anywhere. If you decide to use <a href=\"https://www.business.com/categories/cloud-storage-and-online-backup/\">cloud storage</a>, make sure the site you're using is reputable and has multiple security measures in place.<br><br>\n</li>\r\n<li>\n<strong>Have user controls. </strong>Most ERM services come with user controls, which allow an administrator to decide which documents users can access and what changes users can make. This helps you protect the integrity of your files, and creates an audit trail that identifies who made what changes and when.<br><br>\n</li>\r\n<li>\n<strong>Encrypt your hard drive. </strong>While many computers come with built-in encryption, you can add your own for an extra layer of security. The most common way to encrypt files or applications is to add a password requirement for access.</li>\r\n</ol>\n","docType":"article","guid":"articles_111ef781dafc8a1c007388f158b2ca92","lastModified":"2020-05-29T11:00:00.000Z","published":"2020-05-29T11:00:00.000Z","structuredData":null,"subtitle":"Find out how electronic document management can bring your business's filing system up to the 21st century, improving document organization, security and compliance.","template":"v1","title":"Electronic Records Management 101","type":"article","author":{"avatar":null,"bio":"Kiely Kuligowski is a business.com and Business News Daily writer and has written more than 200 B2B-related articles on topics designed to help small businesses market and grow their companies. Kiely spent hundreds of hours researching, analyzing and writing about the best marketing services for small businesses, including email marketing and text message marketing software. Additionally, Kiely writes on topics that help small business owners and entrepreneurs boost their social media engagement on platforms like Facebook, Twitter and Instagram.","name":"Kiely Kuligowski","image":null,"slug":null,"social":{"facebook":"","linkedin":"https://www.linkedin.com/in/kiely-kuligowski/","twitter":"https://twitter.com/kielykools","website":"https://www.business.com/"},"status":"disabled","title":null,"type":"Staff","user":{"imagePath":"https://staging.business.com/images/uploads/user/profile/d7d5accdefd169507567c8c0053c61a5d281f.jpg","profile":{"company":"business.com","jobTitle":"Staff Writer","website":"https://www.business.com/"}}},"breadcrumbs":null,"channels":{"primary":{"name":"Technology","slug":"technology"},"sub":{"name":"Storage","slug":"storage"}},"meta":{"robots":"index, follow","description":"Tired of wading through paper files? You need an electronic records management system. Click to learn how to digitize, organize and secure your files.","title":"Electronic Document Management 101 - business.com"},"parsedContent":{"toc":[{"id":"what-is-electronic-records-management","title":"What is electronic records management?"},{"id":"why-is-electronic-records-management-important","title":"Why is electronic records management important?"},{"id":"what-are-the-benefits-of-electronic-records-management","title":"What are the benefits of electronic records management?"},{"id":"how-to-digitize-and-name-your-files","title":"How to digitize and name your files"},{"id":"how-to-choose-an-erm-system","title":"How to choose an ERM system"},{"id":"how-to-keep-electronic-files-secure","title":"How to keep electronic files secure"}],"json":[{"component":"p","children":["An electronic records management (ERM) strategy regulates how your organization's information is created, edited, shared, tracked, stored and protected. Using ERM software simplifies the process of records management by automating many functions like generating metadata for easy document retrieval and enabling access for approved employees."]},{"component":"p","children":["With ERM software, you can collect and store pertinent business records such as contracts, emails, receipts and audit trails."]},{"component":"p","children":["Read on to learn more about ERM and the key benefits it can provide for your business."]},{"component":"h2","props":{"id":"what-is-electronic-records-management"},"children":["What is electronic records management?"]},{"component":"p","children":["Organizations use ERM applications to efficiently and systematically manage and share documents. It allows companies to reduce the physical space required to store paper documents and physical records, and it keeps critical documents safe from physical hazards like fire, floods or other damage."]},{"component":"p","children":["Another advantage of using an ERM system is that it supports the automatic enforcement of consistent policies and styles across your organization, plus it may help your company comply with federal, state, and industry regulations."]},{"component":"p","children":["An ERM system works with your documents by generating unique identifiers to make documents easier to find, providing safeguards against unauthorized users or changes to documents and creating an audit trail, all of which help protect your business and your information."]},{"component":"h2","props":{"id":"why-is-electronic-records-management-important"},"children":["Why is electronic records management important?"]},{"component":"p","children":["An ERM system is important for any modern business because of the efficiency it provides. By electronically creating, storing and managing your documents, ERM systems allow any employee to access any record or document at any time."]},{"component":"p","children":["Collaboration is easier, too. Employees can collaborate with their co-workers, track changes and easily find any electronic document within the ERM system."]},{"component":"h2","props":{"id":"what-are-the-benefits-of-electronic-records-management"},"children":["What are the benefits of electronic records management?"]},{"component":"p","children":["Implementing an ERM system in your business can make nearly every day-to-day task that involves documents quicker and easier to accomplish, and it helps your team stay organized, which enables them to work more efficiently."]},{"component":"p","children":["Here are some of the main benefits of an ERM system."]},{"component":"h3","children":["Efficiency"]},{"component":"p","children":["The main benefit of a CRM system is the impact it can have on your business's efficiency. Having one centralized place where all of your organization's digital records are kept can increase your business's productivity and make day-to-day operations smoother. An ERM enables employees to track changes on documents, pull up any document through advanced search and indexing, and make sure all regulations and policies are being followed."]},{"component":"h3","children":["Cost-effectiveness"]},{"component":"p","children":["If you're a new business, or even a small business looking to save money, an ERM system can help you cut costs by reducing the time your staff spends manually processing documents. It also eliminates the need for physical storage space for paper records."]},{"component":"h3","children":["Compliance"]},{"component":"p","children":["If you're in an industry that deals with sensitive information (healthcare, legal, etc.) or are a government agency, this feature may be of particular interest to you. Many ",{"component":"Link","props":{"href":"https://www.business.com/categories/document-management-software/"},"children":["document management systems"]}," and ERMs come with automatic compliance features that make it easier to comply with federal, state or industry regulations such as HIPAA. An ERM system with compliance features can help you stay on track with certain procedures, remind you how long certain documents must be kept filed, or automatically destroy an original record when the retention period is up by keeping documents on a records retention schedule."]},{"component":"h3","children":["Security"]},{"component":"p","children":["Data security is vital in today's world, so it is important that your business can assure customers that their information is safe in your hands. An ERM system can help you do that by providing and automating key security features such as user access controls, document tracking, password protection, automatic backups, determining a records manager and more. Electronic storage is also useful for digital preservation by storing all documents in a safe digital space, ",{"component":"Link","props":{"href":"https://www.business.com/articles/cloud-document-management/"},"children":["such as the cloud"]},"."]},{"component":"h3","children":["Scalability"]},{"component":"p","children":["A major benefit of ERM compared to traditional paper document management is its ability to grow with your business. No matter how big or how quickly your business grows, your ERM system grows with you and keep track of all your documents."]},{"component":"h3","children":["Collaboration"]},{"component":"p","children":["An ERM system makes it simple for users to share and collaborate on documents. Look for tools such as live editing, ",{"component":"Link","props":{"href":"https://www.business.com/articles/computerized-filing-system/"},"children":["file sharing"]},", plugin integrations and access restriction controls."]},{"component":"h2","props":{"id":"how-to-digitize-and-name-your-files"},"children":["How to digitize and name your files"]},{"component":"p","children":["If your company has recently implemented or you're on the cusp of implementing an ERM system, decide ",{"component":"i","children":["exactly"]}," how you want to name and organize your files so it's easy for anyone in your organization to find and use them effectively."]},{"component":"h3","children":["Digitizing documents"]},{"component":"p","children":["While most documents are digital from creation these days, if you are in the process of converting your document management system from analog to electronic, you may have many papers waiting to be digitized and entered into the system."]},{"component":"p","children":["To convert these paper documents to electronic files, here are the steps you must follow:"]},{"component":"ol","children":[{"component":"li","children":[{"component":"strong","children":["Gather your documents. "]},"Gather the files you need digitized and organize them loosely – for example, you can make piles of invoices, piles of receipts, etc. Make sure your stacks are neat, and don't be afraid to adjust your piles as needed. Keep in mind that this is just the start of your organization and that you will dive deeper into indexing later.",{"component":"br"},{"component":"br"}]},{"component":"li","children":[{"component":"strong","children":["Find a scanner. "]},"Next, you need a device to scan the physical piece of paper into a digital format. This can be a scanner built into your printer, or you can download a mobile app such as ",{"component":"a","props":{"href":"https://acrobat.adobe.com/us/en/mobile/scanner-app.html","target":"_blank"},"children":["AdobeScan"]},", ",{"component":"a","props":{"href":"https://www.dropbox.com/features/productivity/doc-scanner-app","target":"_blank"},"children":["Dropbox"]},", or ",{"component":"a","props":{"href":"https://fueled.com/blog/document-scanning-app/","target":"_blank"},"children":["Genius Scan"]},". A scanner uploads a digital file to your computer, while a mobile app creates a PDF or JPG file that is stored on your phone or an online storage site and can be exported to wherever you need it.",{"component":"br"},{"component":"br"}]},{"component":"li","children":[{"component":"strong","children":["Organize your digital files. "]},"This is the most important part of the process as it determines how your company finds and works with documents. It is very important that you implement a sensible, organized system from the very start and create a companywide policy for naming documents. You can organize files in any way you want that makes sense for you and your business. ",{"component":"i","children":["Your system must make sense to you, first and foremost, but an outsider should be able to find a document easily"]},"."]}]},{"component":"h3","children":["Naming your files"]},{"component":"p","children":["When organizing files, a file name is the main identifier for the document. It provides metadata that helps contextualize that document with other records and record series. Having a consistent file-naming policy can increase collaboration and efficiency as well as help your organization stay compliant if you are in an industry with information-based regulations."]},{"component":"h2","props":{"id":"how-to-choose-an-erm-system"},"children":["How to choose an ERM system"]},{"component":"p","children":["Besides price, consider your business's unique needs and what you hope to get out of ERM software. You should also consider:"]},{"component":"ul","children":[{"component":"li","children":["How many documents you have (i.e., how much storage you will need)"]},{"component":"li","children":["What types of documents you have (Do you have sensitive material? Large-format documents?)"]},{"component":"li","children":["Whether your documents need to comply with regulations"]},{"component":"li","children":["How many security measures you need"]},{"component":"li","children":["What features you want"]},{"component":"li","children":["The level of automation you are looking for"]}]},{"component":"h2","props":{"id":"how-to-keep-electronic-files-secure"},"children":["How to keep electronic files secure"]},{"component":"p","children":["If all of your documents are digital, it is important that you have a system in place for keeping files safe and secure from threats like hackers or malware. A data breach can mean severe financial and PR-related consequences; it is in your best interests to do all you can to avoid one."]},{"component":"p","children":["Here are five things you can do to protect your electronic files."]},{"component":"ol","children":[{"component":"li","children":[{"component":"strong","children":["Regularly back up your files. "]},"This should be a no-brainer, but it's a step many people overlook. If a virus infects your systems, you'll likely need to wipe your computer and reinstall programs, which may result in you losing important files. Make sure you are regularly backing up your files; make it a monthly recurring task to help you remember.",{"component":"br"},{"component":"br"}]},{"component":"li","children":[{"component":"strong","children":["Use an external hard drive. "]},"If you want to be extra secure about having backups, use an external hard drive to store copies of files. As the name suggests, external hard drives are entirely separate from your computer; your files are protected no matter what happens to your computer. You can even change the default storage location of your files to automatically store in the hard drive.",{"component":"br"},{"component":"br"}]},{"component":"li","children":[{"component":"strong","children":["Use cloud storage. "]},"Cloud storage is an increasingly popular option, since it is simple to use, easy to secure, and can be accessed from anywhere. If you decide to use ",{"component":"Link","props":{"href":"https://www.business.com/categories/cloud-storage-and-online-backup/"},"children":["cloud storage"]},", make sure the site you're using is reputable and has multiple security measures in place.",{"component":"br"},{"component":"br"}]},{"component":"li","children":[{"component":"strong","children":["Have user controls. "]},"Most ERM services come with user controls, which allow an administrator to decide which documents users can access and what changes users can make. This helps you protect the integrity of your files, and creates an audit trail that identifies who made what changes and when.",{"component":"br"},{"component":"br"}]},{"component":"li","children":[{"component":"strong","children":["Encrypt your hard drive. "]},"While many computers come with built-in encryption, you can add your own for an extra layer of security. The most common way to encrypt files or applications is to add a password requirement for access."]}]}]},"resource":null,"sponsorship":{"sponsorType":"no-sponsor","name":null,"thumbnail":null,"bio":null,"slug":null,"status":null,"social":{"website":null,"linkedin":null,"twitter":null,"facebook":null}},"thumbnail":{"path":"https://staging.business.com/images/content/5ed/0034c5a215e80388b457d/1500-0-","caption":"Pinkypills / Getty Images","isBlurred":false},"bestPicks":{"title":"The Best Document Management Software of 2021","widgetSection":{"__typename":"SectionWidget","widget":{"widgetId":"10821"}},"bestPicksSection":{"__typename":"SectionBestPicks","bestpicks":[{"fullTitle":"Best Document Management Software Overall ","bullets":["Comprehensive features","Excellent collaboration tools","Flexible"],"isFeaturedBestPick":false,"isJumpLink":true,"tabTitle":"Best Overall DMS","review":{"isReview":true,"adsense":false,"canonical":"https://staging.business.com/reviews/microsoft-sharepoint/","review":{"fullReview":"<p><a href=\"https://businesscom.go2cloud.org/aff_c?offer_id=869&amp;aff_id=1000&amp;source=document-management-software&amp;aff_sub3=deal|no&amp;aff_sub4=revenue|BZ-RFQ&amp;url_id=1\" target=\"_blank\" rel=\"sponsored nofollow  noopener external\">Microsoft SharePoint </a>is a sprawling and versatile document management software and collaboration tool. It is suitable for businesses small and large, and it has a familiar user interface for those already accustomed to Microsoft Office 365 products.</p>\r\n<p>A unique feature of Microsoft SharePoint is that users can create \"team sites,\" which serve as a tool to organize documents by team requirements in a single space. This is particularly useful for larger businesses with multiple departments. Each team site includes its own file cabinet-style folder structure, acting as a separate document depository from other team sites. Sites can be linked together if they are related. Users can be authorized to view and edit documents, as well as folders, in team sites.</p>\r\n<p>You can sync your Microsoft SharePoint account with your local hard drive, enabling automatic uploads of new documents you file in the associated drive on your computer or mobile device. Files can be dragged and dropped to this drive, imported, or scanned via a compatible printer or scanner. Synchronizing Microsoft SharePoint is an easy way to access files directly from Windows File Explorer, making it easy for individual users to upload and edit documents without interrupting their existing workflow.</p>\r\n<p>Using the more advanced features of SharePoint, however, might require some additional training. From team site to team site, for example, admins can configure different metadata fields specific to each site and subsite.</p>\r\n<p>When it comes to collaboration, Microsoft SharePoint excels. Version control is reviewable down to specific edits. Users can see who made what changes when as well as review all previous versions of a document to see how it changed. Archived versions of documents can be downloaded to local hard drives, which is useful for creating redundant copies or quickly reverting to a previous version if edits are improperly made to a document. Custom notifications can be set so users receive alerts when a particular document is changed. While there is a check-in and checkout feature in SharePoint, you can also create a setting so that multiple users are permitted to simultaneously edit the same document; depending on your organization's workflows, co-authoring can be a useful feature.</p>\r\n<p>Microsoft SharePoint includes an audit log that makes tracking all activity easy. It provides an overview of past admin settings and how they have changed over time. The audit log is searchable, allowing users with access to review user activity, specific time frames, search terms and more. Audit logs are particularly useful for large businesses looking to improve transparency with the documents their organization produces and manages as well as businesses in industries that are subject to regulations that govern the production and transmission of sensitive information, such as healthcare organizations or legal representatives.</p>\r\n<p>As a Microsoft product, SharePoint seamlessly integrates with other Microsoft applications. These include all Microsoft Office 365 products (Microsoft Word, Excel and PowerPoint) as well as Microsoft Flow and Microsoft PowerApps. It also integrates with many third-party software applications your business already uses on a daily basis.</p>\r\n<p>Microsoft SharePoint ranges in price from $5 per user, per month to $20 per user, per month depending on the tier you choose, and the add-on features you select. Microsoft SharePoint can be purchased in combination with Microsoft Office 365 or as a stand-alone product. There is a 30-day free trial available so you can test the software first before making a buying decision.</p>"},"url":"https://www.microsoft.com/en-us/microsoft-365/sharepoint/collaboration","docType":"service","title":"Microsoft SharePoint","thumbnail":{"path":"https://staging.business.com/images/rz/5ee794aa7b4374ab0d8b456b/sharepoint_logo.png"},"pricing":{"isCapped":false,"isFeatured":false,"primary":true,"selected":"widget","widgetId":"10183","widget":{"id":"10183","cta":"Compare Quotes","isExclusive":false},"affiliate":{"cta":"Visit Site","link":"https://www.microsoft.com/en-us/microsoft-365/sharepoint/collaboration","name":""}}}},{"fullTitle":"Best Document Management Software for Ease of Use","bullets":["Intuitive user interface","Flexible storage options","Easy setup"],"isFeaturedBestPick":false,"isJumpLink":true,"tabTitle":"Best DMS for Ease of Use","review":{"isReview":true,"adsense":false,"canonical":"https://staging.business.com/reviews/m-files-dms-document-management-software/","review":{"fullReview":"<p><a href=\"https://businesscom.go2cloud.org/aff_c?offer_id=184&amp;aff_id=1000&amp;source=document-management-software&amp;aff_sub=bestpick|best-dms-overall&amp;aff_sub2=lineuprank|2&amp;aff_sub3=deal|no&amp;aff_sub4=revenue|BZ-RFQ&amp;aff_sub5=pos|text&amp;url_id=1\" target=\"_blank\" rel=\"sponsored nofollow  noopener external\">M-Files</a>&nbsp;is our pick as the easiest-to-use document management software solution. Users can quickly and seamlessly organize and manage electronic documents. Its sleek and intuitive user interface offers the familiar feel of Windows File Explorer, reducing the learning curve for new users.</p>\r\n<p><i>View all our recommendations for document management software on our&nbsp;</i><i><a href=\"https://www.business.com/categories/document-management-software/\" target=\"_blank\" rel=\"noopener external\">best picks page</a></i><i>.</i></p>\r\n<p>&nbsp;M-Files comes in both a cloud and on-premises version. The cloud-based version works on any of the major web browsers, including Microsoft Edge, Google Chrome, Mozilla Firefox and Safari. The on-premises version is only available on Windows operating systems. Mac and Linux users will need to use the web version of M-Files.</p>\r\n<p>M-Files is extremely intuitive. The user interface is neatly organized. Users can carry out most tasks directly from a central dashboard. The dashboard displays a search bar and navigation tools across the top of the screen. These tools include Home, which returns you to the main page; Recent, which displays all recent documents you have accessed; Assigned shows any documents or tasks that are currently assigned to you and awaiting action; and Favorites displays any files or documents you have tagged as one of your favorites for quick access.</p>\r\n<p>A Create button is available on the top navigation bar, which allows you to create new assignments, customers, documents or projects. Users can also scan documents using this button and use M-Files' OCR tool to make documents fully searchable.</p>\r\n<p>M-Files' file explorer tool displays all publicly accessible folders and those you have access to privately. Using a toolbar on the right-hand side of the screen, users can easily view metadata, tags and filter documents. The most useful aspect of M-Files is that most major functions can be carried out directly from the dashboard in a few clicks, making it easy to learn and reducing the amount of time it could take to train others on using the software.</p>\r\n<p>While M-Files does not offer some of the useful features more comprehensive software includes, it does have all the core document management features we looked for in these applications.</p>\r\n<p>Here's a look at M-Files' core features:</p>\r\n<ul>\r\n<li><strong>Search:&nbsp;</strong>M-Files' search function, like many other document management solutions, is based on the metadata associated with documents. When uploading a document, users can add metadata to them. For example, uploading an invoice with the metadata \"Q2\" \"2020,\" and \"invoice,\" along with information like the date and time it was uploaded, can make it easier to find in the system.<br /><br /></li>\r\n<li><strong>OCR:&nbsp;</strong>Optical character recognition improves the searchability of documents by scanning them and making the text of the document searchable beyond the metadata. For example, if you upload a document that includes the salutation \"To Whom It May Concern,\" you can search your files for that specific document using that exact phrase. OCR can also be used to automate the process of applying metadata tags to new uploads.<br /><br /><strong></strong></li>\r\n<li><strong>Workflow automation:&nbsp;</strong>Workflow automation serves as a type of project management function within the document management software. Built-in tools automatically categorize certain documents and assign certain tasks to users. For example, if a staff member has completed work on a document, they can send the document to a manager with the \"review and approval\" task assigned. All interested parties are notified once the manager has approved the document, allowing the next step to begin without delay.<br /><br /><strong></strong></li>\r\n<li><strong>Versioning:&nbsp;</strong>The versioning feature tracks a document's history, monitoring changes and archiving old versions so you can refer to them if needed. It tracks who last opened the document, when, and any changes they made, so you know exactly which team members are making which edits. Versioning includes a check-in and checkout feature; when a user checks out a document, it is unavailable to edit until it is checked back in. This prevents multiple current versions of the same document.&nbsp;</li>\r\n</ul>\r\n<ul>\r\n<li><strong>Electronic signature:&nbsp;</strong>M-Files offers an integration with third-party service DocuSign to enable e-signatures on documents that require approvals. Using DocuSign, users can affix their signature to any file within the M-Files application. The integration with DocuSign also allows users to send signed files to the recipient(s) directly from the software program.<br /><br /><strong></strong></li>\r\n<li><strong>User permissions:&nbsp;</strong>Administrators can set permissions for individual users and create groups of users. Permissions can be set to read or write to allow users to view or edit documents. Users can also be granted priority. For example, if a manager and staff member both want to access a document to make edits at the same time, the manager would be granted priority and the staff member would have to wait.<br /><br /></li>\r\n<li><strong>Offline access:</strong>&nbsp;If a user anticipates they will not have internet access, files can be designated for offline use on a laptop or mobile device. Any changes a user makes while offline are recorded and automatically synced with the system once internet access is restored.</li>\r\n</ul>\r\n<p>Unfortunately, M-Files does not publish their pricing online. You will need to contact the company for a customized quote representative. A 30-day free trial is available, though, so you can test the software first before deciding whether you want to continue using it.</p>\r\n<p><em>Editor's note: Looking for a document management system for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.</em></p>\r\n<p>&nbsp;</p>\r\n<p>&nbsp;</p>"},"url":"https://www.m-files.com/en","docType":"service","title":"M-Files","thumbnail":{"path":"https://staging.business.com/images/rz/5cb0b0837b437497558b4569/M-Files-Logo-Blue-High-Resolutioncopy.png"},"pricing":{"isCapped":false,"isFeatured":false,"primary":true,"selected":"widget","widgetId":"10821","widget":{"id":"10821","cta":"Compare Quotes","isExclusive":false},"affiliate":{"cta":"Visit Site","link":"https://www.m-files.com/en","name":""}}}},{"fullTitle":"Best Document Management Software for Security","bullets":["Exceptional security ","Intuitive user interface","Flexible"],"isFeaturedBestPick":false,"isJumpLink":true,"tabTitle":"Best DMS for Security","review":{"isReview":true,"adsense":false,"canonical":"https://staging.business.com/reviews/dokmee/","review":{"fullReview":"<p><a href=\"https://businesscom.go2cloud.org/aff_c?offer_id=187&amp;aff_id=1000&amp;source=document-management-software&amp;aff_sub=bestpick|best-secure-dms&amp;aff_sub2=lineuprank|5&amp;aff_sub3=deal|no&amp;aff_sub4=revenue|BZ-RFQ&amp;aff_sub5=pos|text&amp;url_id=1\" target=\"_blank\" rel=\"sponsored nofollow  noopener external\">Dokmee</a>&nbsp;is a relatively easy-to-use document management solution that features data encryption of all electronic files plus as a HIPAA-compliant audit log, which tracks user access to sensitive data. For these reasons, Dokmee is our pick as the best secure document management software.</p>\r\n<p><i>See all our recommendations for document management software on our <a href=\"https://www.business.com/categories/document-management-software/\" target=\"_blank\" rel=\"noopener external\">best picks page</a>.</i></p>\r\n<p>&nbsp;In addition to its encryption and audit log features, Office Gemini (the parent company of Dokmee) maintains data centers with redundant storage and round-the-clock monitoring to ensure your data is truly secure. User accounts (and all associated data) are protected with passwords that are encrypted using RSA keys. Of course, on-premises versions of Dokmee are subject to your company's own security.</p>\r\n<p>Dokmee offers an organized, clutter-free user interface. It has most of the features we looked for in a document management program, all of which are easily accessible through a series of tabs on a toolbar on the left-hand side of the screen.</p>\r\n<p>Here is a closer look at some of the features available with Dokmee:</p>\r\n<ul>\r\n<li><strong>Search:</strong>&nbsp;Dokmee's search function allows you to search by document type, document name, upload date or folder. Dokmee's search function isn't the most comprehensive of the applications we reviewed, but it makes retrieving your documents relatively simple.&nbsp;</li>\r\n</ul>\r\n<ul>\r\n<li><strong>OCR:</strong>&nbsp;Dokmee works with your scanner to capture paper records and digitize them, using OCR to identify the text and images and upload them to the system. Some users have complained of occasional errors and slow processing, especially when uploading large batches of documents. Reducing the batch size generally seems to resolve these issues.<br /><br /></li>\r\n<li><strong>Versioning:</strong>&nbsp;Dokmee's version control feature lets you easily save new versions of documents and archive older ones. Dokmee always displays the most up-to-date version of a document when any user accesses it, but previous versions are easy to reference. Old versions are listed in the system as major or minor versions, each marked with a date and time stamp. Versioning is available through Dokmee's Enterprise and Cloud versions.&nbsp;</li>\r\n</ul>\r\n<ul>\r\n<li><strong>Audit log:</strong>&nbsp;Dokmee is one of the few document management systems we reviewed that has a HIPAA-compliant audit log. This feature lets you examine activity across all your documents that could be related to HIPAA-protected information. Even if your business doesn't have to comply with HIPAA, it's a useful precaution for data privacy.&nbsp;</li>\r\n</ul>\r\n<ul>\r\n<li><strong>Electronic signature:&nbsp;</strong>Dokmee offers an e-signature tool through its Professional, Enterprise and Cloud versions. Users can sign documents (or files) that require approvals as well as export signed documents to recipients.&nbsp;</li>\r\n</ul>\r\n<ul>\r\n<li><strong>User permissions:&nbsp;</strong>With Dokmee, admins can set user permissions on an individual or group basis. Permissions allow admins to determine which users can see certain documents and who has authority to create new versions. In the Enterprise version of Dokmee, admin permissions can be set on a file-by-file basis, or to restrict access to specific folders.&nbsp;</li>\r\n</ul>\r\n<p>Dokmee offers several pricing tiers and plans. There are suitable choices for businesses of all sizes and needs; however, some plans do not offer all the security features that led us to choose Dokmee as the best document management system for security.</p>\r\n<p>Below we've broken it down as to which versions include those security features.</p>\r\n<ul>\r\n<li><strong>Desktop:</strong><i>&nbsp;</i>While Dokmee's Desktop version offers all the core document management features the other versions offer, it doesn't have access control and security features. If your business requires security features, consider one of Dokmee's other plans below. The Desktop version starts at a one-time licensure cost of $249 per workstation.<br /><br /></li>\r\n<li><strong>Professional:</strong><i>&nbsp;</i>Dokmee Professional offers solid access control and security measures, allowing administrators to set permissions for multiple users, including restricting access to documents at the file cabinet level. Professional includes the HIPAA-compliant audit log. This version is intended for small and midsize businesses. Pricing isn't listed on the company's website; you'll need to contact Dokmee for a quote.<br /><br /></li>\r\n<li><strong>Enterprise:</strong><i>&nbsp;</i>Besides encryption and a HIPAA-compliant audit log, Dokmee Enterprise includes automatic data backup services, which adds a welcome layer of protection on top of the already secure system. Administrators also gain extra control over user permissions, which they can tailor down to folder and file levels. This version is intended for large businesses, and you'll need to contact Dokmee for a price quote.<br /><br /></li>\r\n<li><strong>Cloud:</strong><i>&nbsp;</i>Dokmee's Cloud version offers the same level of access control and security as the professional version, including file cabinet user restrictions and the HIPAA-compliant audit log. Cloud has four different pricing plans, with 10GB, 25GB, 50GB and 100GB of storage space. The 10GB plan is $29 per month for the first user and $15 per month for each additional user. The remaining plans are priced at $39, $59 and $99 per user, per month, respectively.<br /><br /></li>\r\n<li><strong>Mobile:</strong><i>&nbsp;</i>Dokmee's Mobile system offers a lightweight version of the security measures in the other plans. These include the HIPAA-compliant audit log, which only records actions on documents, as well as folder- and file-level user permissions for enterprise clients only.</li>\r\n</ul>\r\n<p>Dokmee offers a 30-day free trial. There are no obligations, and no credit card is required. The trial version includes all the features Dokmee has to offer.</p>\r\n<p><em>Editor's note: Looking for a document management system for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.</em></p>\r\n<p>&nbsp;</p>"},"url":"https://www.dokmee.com/en-us/products/documentmanagement.aspx","docType":"service","title":"Dokmee","thumbnail":{"path":"https://staging.business.com/images/rev/prod/ce/50600-dokmee-box.jpg"},"pricing":{"isCapped":false,"isFeatured":false,"primary":true,"selected":"widget","widgetId":"10821","widget":{"id":"10821","cta":"Compare Quotes","isExclusive":false},"affiliate":{"cta":"Visit Site","link":"https://www.dokmee.com/en-us/products/documentmanagement.aspx","name":""}}}},{"fullTitle":"Best Scalable Document Management Software","bullets":["Very scalable","Express version for SMBs","11 user permission settings"],"isFeaturedBestPick":false,"isJumpLink":true,"tabTitle":"Best Scalable DMS","review":{"isReview":true,"adsense":false,"canonical":"https://staging.business.com/reviews/filehold-express/","review":{"fullReview":"<p><a href=\"https://businesscom.go2cloud.org/aff_c?offer_id=185&amp;aff_id=1000&amp;source=document-management-software&amp;aff_sub=bestpick|best-dms-for-small-business&amp;aff_sub2=lineuprank|3&amp;aff_sub3=deal|no&amp;aff_sub4=revenue|BZ-RFQ&amp;aff_sub5=pos|text&amp;url_id=1\" target=\"_blank\" rel=\"sponsored nofollow  noopener external\">FileHold Express</a>&nbsp;is our pick as the best document management system for small businesses. It is competitively priced, easy to use and scalable for growing businesses. The software is intended for five to 20 users, making it the perfect size for small businesses. For growing businesses with more than 20 users, the software easily upgrades to FileHold Enterprise.</p>\r\n<p><i>View all our recommendations for document management software on our&nbsp;<a href=\"https://www.business.com/categories/document-management-software/\" target=\"_blank\" rel=\"noopener external\">best picks page</a>.</i></p>\r\n<p>&nbsp;FileHold Express offers useful features that let you digitize, manage, and organize documents in a central location, and assign and manage tasks for your team. Its collaboration tools make working on documents within the system a seamless process that keeps every team member in the loop.</p>\r\n<p>If you'd like to build on the core functions of the system, FileHold Express offers premium add-on functions that improve workflow automation, establish read-only guest accounts and enable electronic signing of documents.</p>\r\n<p>Here is more about FileHold Express' features:</p>\r\n<ul>\r\n<li><strong>Search:&nbsp;</strong>FileHold Express' search function can identify documents by file name, metadata, such as tags, or both. Users can include or exclude archived documents that are no longer active. Search results can be set to include all versions of the queried document or only the current version.</li>\r\n</ul>\r\n<ul>\r\n<li><strong>OCR:</strong>&nbsp;FileHold Express' OCR feature identifies the text in scanned documents to better classify them, and you can further improve classification with the manual entry of metadata.<br /><br /></li>\r\n<li><strong>Collaboration tools:</strong>&nbsp;FileHold Express includes collaboration tools, such as a check-in and checkout feature, as well as an audit log that tracks which users have accessed a document, the date and time of access, and any changes to the document.<br /><br /></li>\r\n<li><strong>Task management tools:</strong>&nbsp;Complementing the collaboration tools are task management features, like a calendar that allows managers to assign tasks to team members and track whether the task has been completed. These features are useful for delineating responsibility and holding team members accountable for the work assigned to them.<br /><br /></li>\r\n<li><strong>User permissions:</strong>&nbsp;FileHold's permission settings include 11 different security roles that allow varying degrees of access, from read-only user to system administrator. These security roles allow admins to determine whether a user can see, access or edit certain documents in the system. Custom permission settings can be established for every level of the cabinet, drawer, folder system.<br /><br /></li>\r\n<li><strong>Premium add-ons:</strong>&nbsp;FileHold Express offers certain features as premium add-ons, including workflow automation functions, guest accounts set to read-only status and e-signing.</li>\r\n</ul>\r\n<p>The cost of FileHold Express varies depending on the size of your organization and the specific features you require, including optional add-on features. You'll have to contact FileHold's sales department for a price quote.</p>\r\n<p>Especially useful for small businesses are the multiple payment options that FileHold offers clients. These include 24 months of interest-free financing (longer periods are available depending on the number of users you need to access the system), a monthly subscription option for companies with seven or more users, or a one-time licensure payment for an on-premises server-based solution. For continued software updates and technical support, the on-premises solution requires an annual FileCare subscription, which costs 20% of your initial licensure cost.</p>\r\n<p>FileHold offers a 10-day, full-featured free trial with no obligation or credit card information required. In addition, you can sign up for a free software demo to see the more nuanced capabilities of the system.</p>\r\n<p>FileHold Express is intended for five to 20 users &ndash; a perfect size for many small businesses. Larger companies, or those planning to expand in the near future, can easily upgrade FileHold Express to FileHold Enterprise; the system is scalable and won't require you to deal with any costly or time-consuming migrations once you outgrow the Express version.&nbsp;</p>\r\n<p>&nbsp;</p>\r\n<p><em>Editor's note: Looking for a document management system for your business? Fill out the below questionnaire to have our vendor partners contact you about your needs.</em></p>"},"url":"https://www.filehold.com/products/filehold-express","docType":"service","title":"FileHold Express","thumbnail":{"path":"https://staging.business.com/images/rev/prod/FileHold_Logo.png"},"pricing":{"isCapped":false,"isFeatured":false,"primary":true,"selected":"widget","widgetId":"10821","widget":{"id":"10821","cta":"Compare Quotes","isExclusive":false},"affiliate":{"cta":"Visit Site","link":"https://www.filehold.com/products/filehold-express","name":""}}}}]}}},"related":{"relatedArticles":[{"title":"Bringing Legal Practices Into the 21st Century","canonical":"https://www.business.com/articles/bringing-legal-practices-into-the-21st-century/","slug":"bringing-legal-practices-into-the-21st-century","thumbnail":"https://www.business.com/images/content/5ea/1e4645a215ea55e8b4575/1500-0-","dek":"More law firms are recognizing that they need a 21st century technology makeover to remain competitive, accelerate growth and increase profitability. To achieve this, firms are leveraging practice management technology to increase productivity, streamline operations and improve client experience.","lastModified":"2020-04-23T21:54:00Z","published":"2020-04-23T21:54:00Z","sponsored":false},{"title":"Drinking on the Job: Small Business Guide to Creating an Office Policy","canonical":"https://www.business.com/articles/set-office-alcohol-policy/","slug":"set-office-alcohol-policy","thumbnail":"https://www.business.com/images/content/5b6/a27bf92a3a414438b457f/1500-0-","dek":"Serving alcohol in the office can be a nice perk, but there's a lot to consider first.","lastModified":"2018-08-27T15:23:00Z","published":"2018-08-27T15:23:00Z","sponsored":false},{"title":"Why You Should Develop a Relationship With a Business Lawyer","canonical":"https://www.business.com/articles/business-lawyer/","slug":"business-lawyer","thumbnail":"https://www.business.com/images/content/5f0/87b669c658aa02c8b4583/1500-0-","dek":"The facets of launching a company can be overwhelming. 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We review the top-rated services.","slug":"best-conference-call-services","lastModified":"2021-03-17T18:17:00Z"},{"doc_type":"category","thumbnail":"https://staging.business.com/images/rz/5e00d4787b43745d6a8b456e/Laptop_undrey_getty.jpg","canonical":"https://staging.business.com/categories/employee-monitoring-software/","title":"The Best Employee Monitoring Software of 2021","dek":"We've narrowed down the best employee monitoring software for businesses. Check out our best picks and reviews.","slug":"employee-monitoring-software","lastModified":"2021-03-05T15:40:00Z"},{"doc_type":"category","thumbnail":"https://staging.business.com/images/rz/5df905909c658a7e538b4567/Faxing_junce_Getty.jpg","canonical":"https://staging.business.com/categories/online-fax-services/","title":"The Best Online Fax Services of 2021","dek":"Online fax services are growing as more companies divest from conventional fax machines in favor of an automated, scalable and cost-effective option. Here's a look at some of the best online fax services on the market. ","slug":"online-fax-services","lastModified":"2021-03-02T16:07:00Z"}],"relatedSponsoredArticles":null}},"pageContext":{"displayModified":"2020-05-29T11:00:00.000Z","template":"v1","title":"Electronic Records Management 101","meta":{"robots":"index, follow"},"docType":"articles","slug":"electronic-records-management-101","canonical":"https://staging.business.com/articles/electronic-records-management-101/","skipTOC":false}},"staticQueryHashes":[]}