5 Benefits of using Microsoft SharePoint Document Management System for your business

by | Microsoft

Documents are a crucial part of business information collaboration or business activities. However, managing documents is a difficult task particularly when the volume is high. Finding an important document can be a time-consuming task. SharePoint Document Management System is changing the future of document management and enabling teams to be more productive and efficient.

What is Microsoft SharePoint?

Looking at the current situation where most teams are working remotely or through multiple locations, it becomes extremely critical for employees to get instant access to the business-critical documents or information. With Microsoft SharePoint, employees can open, review, edit, track, and share documents from any part of the world conveniently. SharePoint apart from being a file repository, can also be used for team sites, web content management system like intranet sites etc. SharePoint comes various multiple tools and features that makes it an advanced suite of document management.

Check the detailed Explaination on What is microsoft sharepoint and how it is important for business? 

Benefits of using SharePoint for business

 1. Enhanced data security

With a document management system in place critical documents can be stored in a secure manner by controlling the user access. Microsoft document management system also adds extra layer of security by letting the owner keep track of the user access through audits. Through digitization on cloud a lot of cumbersome paperwork could be reduced, and physical space can be saved. Through proper backup, retention policy and recycle bin policy risk of data loss can also be mitigated. It also guarantees proper control at every level through compliance and security center.

2. Regulatory compliance

Critical sectors like healthcare, legal or finance must strictly follow the regulatory norms and guidelines. Most of these revolve around managing documents efficiently or it could lead to complete disapproval of documentation or data loss. Having a document management system makes everything easier from security settings that adhere with specific compliance regulations at every checkpoint to audit reports etc.

3. Effective collaboration among teams

Version control is an important feature of SharePoint that tracks every single update made to a document, as well as the time and person who performed the edit. It also allows for the editing to be done by a single individual to avoid duplication of effort. When teams can share files and update them in real-time, their collaborative efforts improve.

4. Improved data management

Trying to manage and store data is an exhausting and time-consuming process that may consume several productive hours. With the Microsoft document management system, you don’t have to worry about it. It can be easily integrated with any of your systems and store all relevant data you need anytime, anywhere without scrolling or searching through heaps of documents.

5. Saves valuable time

SharePoint is one of the fastest-growing document management systems in the market. It saves a lot of valuable time that can be utilized in performing other valuable tasks.

Parting thoughts

SharePoint document management system has good usage and benefits for all sizes of business. If implemented successfully, any business big, medium, or small can improve teams’ productivity and collaboration while managing the documents. Among the numerous benefits that Microsoft DMS offers it is well worth the investment.

How MicroGenesis can help you leverage Microsoft DMS?

As a certified Microsoft Partner, MicroGenesis can help you seamlessly implement Microsoft DMS in your system. We offer technical guidance, implementation, support, and cost-effective services that enable businesses to meet challenges efficiently.

To book a free consultation from our technical experts contact us