Advantages of smart doc
As mentioned, the requirements around contract management apply to many processes within a business. For example, smart documents give you more control over your business practices and workflow.
Smart documents ensure that there is only one version of the truth. That is fairly obvious regarding agreements, as you always want to ensure that you are reviewing the latest version, but it is also applicable to other areas.
Especially when it comes to brand changes, any company that has made minor or major adjustments to its brand knows how difficult it is to ensure that only the latest documents are being used. If all your documents are digitised, it is simple to implement changes to specific elements. Ensuring that your branding is immediately consistent across all forms of communication your customers receive.
Access control can be implemented instantly across any smart document. Which dramatically increases your ability to manage who can access which documents and who has read-only versus editing rights. The permutations are endless.
Any automated process will increase productivity as you and your employees can focus on what is important instead of manual processes with little value add—no more wasting time printing, arranging for delivery, and retrieving documents. Everything can now be done with a few clicks.