A Document Management System (DMS) is a system used to track, manage and store documents and reduce paper. It's capable of keeping a record of the various versions created and modified by different users (history tracking).It is often viewed as a component of Enterprise Content Management (ECM) system and related to digital asset management, document imaging, workflow system and records management system.
Document Management System includes features such as:
Centralized repository for secure online document storage.
eSignature approval process.
Automated business process workflow.
Effective management of physical and electronic record.
Automatic electronic record disposition.
Improved efficiency which saves time.
Effective version control and enhanced audit trails.
Communication module enables users to interact with each other.