Document Management Blog

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Annaly Capital Management Finds High Returns with Digital Content Management Platform from DocStar

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Investment In Document Management Pays Off—In More Ways Than One Founded in 1997 as a real estate investment trust (REIT), Annaly Capital Management is a leading mortgage REIT listed on the New York Stock Exchange (NYSE: NLY). Annaly’s principal business objective is to generate net income for distribution to shareholders through the prudent selection and management of our investments. Since inception, Annaly has paid over $13 billion in dividends to shareholders. Annaly was bogged down by all the paper needed to manage their vast portfolio. Routing was done manually and the physical signatures required often took days to track down. Invoices were … Continue reading

An Update to Your Current ERP System Could be Your Success Story

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In their article, Achieve ROI by upgrading to new ERP the Sage ERP Team posted an article asking, “Are businesses using ERP as effectively as they could be?”  There are many benefits to ERP, but if companies aren’t accessing all of the features, it’s unlikely they are achieving maximum ROI. The solution is to not only invest more in training, but also to select a user-friendly ERP platform that staff will be more comfortable using. While this article referred to Australia announcing plans to integrate their ERP platforms, all businesses, as well as governments, can experience positive ROI if their ERP … Continue reading

Understanding the Value of ECM – Three Reasons Why You Need It Now

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First developed over 30 years ago, scanning and imaging systems are a popular way to capture and digitize information that would otherwise be locked on paper. Indeed, it is common to scan a physical page, make a digital image, and automatically extract bits of printed information so that the newly created digital version can be more easily stored and found. This “scan and store” approach reduces paper and improves access to information. But according to a study conducted recently by AIIM, most organizations are failing to cash in on the full value of capture and Enterprise Content Management technologies. Now … Continue reading

Weekly Roundup – ROI on ECM, & ERP Steering Committees

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Measuring the ROI of Enterprise Content Management Investments Enterprise Content Management implementation leads to an excellent return on investment. However, getting that return may start with different activities. Automating AP, using data analytics, and using ECM with compliance demands are all notable methods to get a return from ECM. “The benefits of adopting any evolving technology must outweigh the costs. Nucleus found that for every dollar a company spends on ECM, it gets back $7.50 – up 23 percent from just 2 years ago. The analysis covered organizations from a broad range of industries and included small, medium, and large … Continue reading

Measuring the ROI of Enterprise Content Management Investments

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Enterprise Content Management has evolved significantly over recent years. Systems that began with the straightforward mission to scan paper documents and make digital copies instead have progressed to become an integral part of many fundamental business processes. It’s not just about eliminating paper anymore; it’s about increasing efficiency, easing workflow, ensuring accuracy and building value. But the benefits of adopting any evolving technology must outweigh the costs. The good news is that studies conducted by Nucleus Research point to some compelling numbers. Nucleus found that for every dollar a company spends on ECM, it gets back $7.50 – up 23 … Continue reading