Knowledge workers are the drivers of innovation in today’s business world. However, recent findings from iManage found that only 23% of these workers believe that their company has the digital capabilities to ensure their long-term success.
The numbers don’t lie
iManage breaks the numbers down for us so that we can analyze the actual problem.
- 68% of respondents believe that digital documents are essential to their company and included digital contracts as indispensable sources for such data.
- Meanwhile, nearly half of the respondents surveyed stated that they prioritize improving employee productivity and collaboration for their organization.
- Over ¼ reported that their documents are scattered and stored across multiple systems and platforms.
- ⅓ reported that essential documents and contracts reach their organization by five or more channels.
These numbers reveal a growing need for proper document and contract management for businesses to continue thriving. Companies need an innovative system to bring organization and security to get ahead of this digital curve.
How to know if you are behind the curve
To know if your business is set up for success, you need to ask yourself:
Does your company have solid interdepartmental collaboration?
All of your company’s teams must be able to work together to get the job done cohesively. The business should operate like a well-oiled machine. But when contracts are spread out across multiple platforms and multiple departments, there’s room for human error. When errors arise, time and money are wasted.
Is your company’s data as secure as it should be?
Many companies still use emails to share contracts with other team members. Email accounts can easily be hacked, leaving your company’s data vulnerable. Your team needs technology that allows them to easily access the documents they need while keeping all information secure.
Does your contract management system meet the challenges of today and tomorrow?
COVID changed the way many companies operate. Most office workers are working from home, which can pose a challenge for employees. It is difficult to do one’s job if one cannot access the data or documents they need remotely. And there is no guarantee that a disruption like the pandemic won’t happen again. Your company needs technology that allows the flexibility necessary for your team to work from any location.
Let Zendoc flatten the curve
While we continue to flatten the curve of COVID-19, we must also flatten the curve in our digital capabilities.
Zendoc is the AI-powered contract automation platform your business needs to achieve this goal. All of your company’s contracts and documents will be in one secure, centralized cloud that all of your team members can easily access.
Storing your documents with Zendoc means your data stays secure with no threats of email hacks. Your team can easily access the documents they need no matter where they are. So should something disrupt your regular routines, it will never again disrupt your productivity.
Set up is easy. Just plug Zendoc into your existing storage platforms and let it do the rest. Try it for free today!