What Are Some Use Cases of ECM?
Newgen’s Enterprise Content Management solutions have positively impacted organizations in many industries. A few Use Cases include:
ECM has obvious benefits in the world of HR. Digital documents are far more easily distributed, tracked, and stored than paper documents. Automated workflows greatly speed up the process of handling everyday business functions related to employee case management. And, of course, the digital transformation of your HR department allows for stronger audit trails.
Documents for various processes like account opening, loan processing, credit card processing, RTGS, and insurance policy can be archived and managed by Newgen’s ECM suite. This enables streamlined processes between bank branches and the corporate office, ensures the desired economy of scale, increased operational efficiency, and efficient management of document images.
Governmental Records Management
Governments must comply with regulations for archiving and sharing documents securely. A modern ECM enables cost-effective, long-term storage of all types of records, easy tracking of the physical movement of documents and physical records, and compliance with the regulatory requirements to prevent accidental deletion of documents, minimizing risk and enhancing accountability.