A recent study by Forrester Research found that 40 percent of businesses expect information management spending to increase by at least 5 percent over the next 12 months. This spending will influence a broader focus on records management. Additionally, according to TechTarget, the study found that over 70 percent of organizations currently have a records management solution, or plan to invest in one soon.
These solutions will help businesses face many challenges.
According to the report, there are a number of issues that investing in document management helps resolve, from maintaining compliance to addressing e-discovery concerns. However, these challenges are only answered with the right management solution.
Through proper document management solutions, a business can reduce stress in the office, improve workflow and much more. But the solution has to meet business needs in order to accomplish these benefits. Simply introducing a system isn't enough – it must also be carefully researched. Only be investing in a solution that enhances operations, rather than hinders them, can a business truly find the advantages of records management.
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