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    3. 3 Traits: Hosted Document Management»

    3 Traits: Hosted Document Management

    Ramon Ray
    TechnologyLegacy

    The reception and generation of paper is something that all

    businesses must simply live with. We do our best to organize growing

    mounds of paper into filing cabinets, but the sprawl continues, making

    it harder and harder to find the paper we need and in the end real

    estate costs gradually expand as well.

    Document management solutions are not just useful for storing

    digital versions of paper documents but can also assist with work flow.

    Instead of relying solely on paper, a document management can also

    assist with ensuring that your entire team is seamlessly communicating.

    For example, WritePoint, Ltd. provides technical writing,

    documentation and software implementation services to Israeli

    technology companies. WritePoint installed KnowledgeTree

    (a hosted document management solution) for one of its clients, Atom

    Ltd., a developer of content management software. "Before

    KnowledgeTree, our writers spent up to 30% of their time searching for

    and verifying the latest version of a document,” said Thomas Bakanidze,

    CEO at Atom. “Re-creating content took up to 50% of their time. Now, we

    no longer have these problems." Atom distributes its software in two

    editions, and each edition can be customized, resulting in the need to

    maintain a large amount of user documentation, such as user manuals,

    installation manuals and release notes.

    Another benefit of a knowledge management solution is enabling

    remote employees and branch offices to connect and better communicate

    with each other. Often times, these employees and offices communicate

    through email. Which is "ok" but can create huge annoyances and

    deficiencies in productivity and time lost.

    A Knowledge Tree spokesperson answered some questions.

    What are advantages of a hosted solution vs an on premise solution?

    The advantages of a hosted solution include lower cost of entry (no

    hardware capital costs) and reduced operating costs. This makes for a

    far lower total cost of ownership (TCO) and therefore a faster return

    on investment (ROI). Implementations can be accomplished more quickly

    and the hardware is run in a higher performing and more secure

    environment than an organization would be able to provide on-premise.

    SaaS products also bring an expectation of continuous innovation, where

    new features are being constantly added to the environment as part of

    the subscription fee.

    The disadvantages of a hosted solution may be perceived security

    risk, and the mind shift the organization has to make to relinquish

    control over its data. These are far outweighed by the advantages

    outlined above in addition to the fact that the data is accessible 24/7

    to authorized users regardless of their location.

    Finally, some may argue that hosted applications do not provide the

    rich user experience that desktop software can offer. KnowledgeTree,

    through its cross platform Explorer, offers a rich experience on

    Windows, Linux or Mac while connecting to the hosted repository. With

    the Microsoft Office Add-in, users can access their online content from

    within their desktop applications.

    There are many hosted document management solutions, how can one

    choose the best solution for them. What are some traits to look for?

    Functionality

    One has to determine what the organization’s actual need is. Is

    collaboration your primary use case or are document control, auditing

    and versioning your main concerns? Where will your users use the

    software? Is your workforce mobile? Do they work remotely or are they

    located in several geographies? Choose a solution with features that

    meet the main requirements of the user base.

    Architecture

    Does your organization appreciate a single tenant architecture where

    you can be sure your data is not sharing an application layer with

    other customers, or is price the primary concern in which case a vendor

    offering multi-tenant solutions might be acceptable.

    You may also want to ensure that your data is portable between the

    hosted offering and an on-premise version should you ever decide to

    bring the document management system in-house at a later date.

    Service Uptime

    Be sure to ask these questions of your vendor:

    What SLAs (service level agreements) does are in place?

    What uptime guarantees are provided?

    What are the storage limits on your package?

     

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    Profile: Ramon Ray

    Ramon Ray is Editor of Smart Hustle Magazine. Ramon is a 4x entrepreneur, bestselling author, and international speaker. Smart Hustle Magazine, in print every 3 months and online 24/7, is a community chronicling the story of small business owners with an entrepreneurial mindset. Get to know Ramon at www.ramonray.com or follow him on Twitter @RamonRay

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