Low process efficiency, lack of security on sensitive information, and even shortfalls due to missing documents or non-compliance with deadlines. These are just some of the problems caused by poor document management.
Try to answer the following questions about how documents are managed in your company:
Can you easily find a contract or a policy when you need it?
And when you do find it, are you sure it’s the right version?
Do you know if a document has been changed and who changed it?
Are you automatically notified when information is updated?