Document Control Software Simplifies Compliance

Regulated industries face unique challenges regarding risk management and compliance, making document control software a crucial component in managing key documents such as permits, reports and forms.

There is a lot of confusion about what digitization, digitalization and digital transformation are, how they are different and what this means for document control. Many people use them interchangeably, but when you dig deeper, you will find that there are significant differences regarding their goals, scope and benefits. In the long run, they share a common goal of transforming legacy processes and operations to fully digital analogs that increase efficiency, transparency and customer satisfaction while reducing costs.

With benefits like these, it’s no wonder that companies are aggressively adopting these changes. The global digital transformation is expected to reach almost $3.3 trillion by 2025 as companies increase their spending on mobile technology, IoT and SaaS.

COVID-19 accelerated this trend and turned … Read more...