0

Will Document Management Rob or Rescue Me?

Is Document Management suitable for small business owners?

We get this question all the time: “Is document management not too big of an investment for my small business? Will it not cost me more than I make? The answer to both these questions is no.

Document management forms part of Logistics software which means that it assists you with increased visibility, reduced costs, integration and optimisation. Even better, it grows with your business. Therefore, the cost of document management is proportional to the size of your business. This means that no matter how small or big your business, document management software can handle it and will show you a return on investment.

Enabling cost savings for both big and small businesses

Paying for Document Management Software with Document Management Software

What does that mean? Quite simply that the cost of document management will most likely be covered by the savings you achieve with document management. Thereafter you will actually start seeing a return on investment and cost reductions. This makes document management a must for any business, not only because it integrates your operations and administration processes, but also assists you with delivering better quality customer service, enabling  record archiving in the cloud, and optimised administration management. Coupling all of these benefits with billing management will help you make sure that your business is making and not costing you money.

Where does billing/cost management come in?

It actually can be coupled with document management to give you your own personal secretary and financial manager in the cloud. What could be better than that? Cost management software will help you with ensuring that invoices and financial documents are automatically sent out, captured and that all of your information is integrated and displayed via dashboards. It will also give you control to see which of your clients received their invoices, who opened it, who paid, who still needs to pay and will also give your clients the power to control their financial obligations to you and ensure that you are fulfilling your obligations to them.

So… what could be better than document management and billing management?