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| Companies are now spending more on automating document management than any other quality process. How advanced is your DMS technology? |
Thirty years ago, only the most elite, cutting-edge manufacturers had electronic document management systems. But 30 years ago we also had cassette players in our cars, memberships to Blockbuster video, and spare change for payphones. Over the past three decades, electronic document management systems (EDMS) have had the same “creative disruption” effect on manufacturers that streaming television services, online booksellers, tax software, and travel websites have had on the rest of the economic landscape.
In fact, companies in industries in which paper-based document management systems have historically proliferated are now spending more money on automating document control than on any other quality management process. A multi-year survey by LNS Research shows that 48 percent of survey responders now have an EDMS. What’s more, EDMS was the leading vote-getter of all the quality management processes that companies are starting to automate.[1] That 48 percent response rate represents more than twice as many manufacturers than have purchased software to automate audit management (25 percent) and compliance management (20 percent) processes combined, according to the same study.
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