Information and paper are two things that companies handle every day and both cost businesses a lot of money. It doesn’t matter if your company is big or small, dealing with information management and paper processes affect us all.
Managing information and paper without an information management strategy can bring bottlenecks into your processes, which can increase financial and regulatory risks and damage vendor and customer relationships. If your operation falls into the small or medium business (SMB) space, you may not feel the pain as severely as if you operate a large enterprise organization where order needs to reign so your hundreds or thousands of employees can all operate efficiently.
Over the past decade, the topic of information management has been getting more traction as increasing numbers of organizations adopt new solutions to manage their information and reduce their reliance on paper. But, there are still many companies that haven’t put a priority on implementing an enterprise content management (ECM) system and have not developed an information management strategy.
As you research a strategy, we’d like to clear up the top four information management misconceptions.