Rincon India Solutions Pvt. Ltd.

Tag: Paper

  • Stop Paper Go Digital

    Stop paper at the door – be digital from the start!

    As the world continues to reel under the impact of COVID-19, businesses are faced with more immediate concerns. One pressing issue many companies are currently dealing with: as more and more businesses introduce work from home / staggered working shifts, how can they continue operations if they’re no longer able to receive/act upon physical mail? Also, who will be willing to handle paper which is a potential carrier of the virus?

    Rincon’s digital mailroom solution can alleviate this burden and they can be deployed swiftly to prevent companies from falling further behind in these rapidly changing times.

    What does it entail?

    • Incoming physical mails are opened, scanned and sent to the correct person/department digitally
    • Intelligence can also be built-in using RPA (Robotic Process Automation) if required.

  • Reblog: Arizton Report Reveals Valuable Global Fax Market Insights

    Arizton Advisory & Intelligence is a market research organization that produces premium market research solutions and customized reports for a wide variety of industries. They track both high growth and niche markets across industries, such as:

    • Consumer Goods & Retail Technology
    • Automotive & Mobility
    • Smart Tech
    • Healthcare and Lifesciences
    • Industrial Machinery
    • Chemicals & Materials
    • IT & Media
    • Logistics & Packaging

    Arizton recently released their “Global Fax Services Market Outlook and Forecast 2017-2022”, and once we heard about it we naturally jumped at the opportunity to get our hands on it! The report is chock-full of industry tidbits and also contains their 5-year forecast of the global fax services market. Here are 4 of what we consider to be the key takeaways from their 2017 report.

    1. Fax Services Reduce Carbon Footprint

    It’s important to indicate that for the context of this article, the term “fax services” refers to the plethora of on-premise, cloud-based, hybrid, and secure file exchange solutions on the market that have been developed to replace traditional, paper-based faxing. Most people are aware that by switching to a digital fax solution they reduce paper usage within their organization, but Arizton’s findings delve a little deeper. In discussing market growth enablers in their Global Fax Services Market report, Arziton mentions that modern fax services reduce the usage of paper by up to 75% across organizations of all sizes.

    Computer-based fax solutions reduce paper use not only by replacing traditional fax machines, but by replacing other workflows involving paper, such as scan-to-email workflows as well. The report estimates that in a single year, 150 billion papers are used for faxing purposes in the US alone.

    As awareness and initiatives to create a “green office environment” grow across all industries, on-premise and cloud-based faxing services have helped organization’s paper requirements decrease significantly over the last decade. Every organization that adopts cutting-edge fax solutions not only minimizes their own carbon footprint, they help reduce the need for paper production in general.

    2. Fax Automation Workflow is a growing trend

    Arizton’s report explains that fax automation has grown to become one of the most popular features of today’s fax solutions for organizations who largely operate in a transaction-based environment. The automated sending of documents is especially appealing to companies whose document processing needs are growing, and is an available feature provided by various fax services vendors in the industry.

    Fax automation is achieved by integrating on-premise or cloud-based solutions with existing customer applications, such as CRM. Users can then predefine numerous documents and contacts for automatic transmissions based on their business needs.

    3. There’s still a lack of awareness of traditional fax alternatives

    Although there are several models of fax solutions on the market to replace the traditional fax infrastructure, the Arizton report explains that lack of awareness of fax services often leads to usage of email as a substitute. Many organizations replace traditional fax by sending documents via email after scanning them through hardware devices.

    Email may provide a faster and more convenient alternative to using fax machines, but it isn’t inherently secure and without the right security measures in place, an organization’s data governance may not meet compliance regulations. Fax solutions that integrate directly with user email applications are a modern, secure, and compliant alternative that allow users to continue to send and receive files from the platforms they’re most comfortable working with. Several contain a built-in audit trail function to eliminate any guesswork should an organization come under regulatory audit.

    4. The Healthcare industry is leading the fax services adoption pack

    Several end-user industries are discovering that modern fax solutions are a great way to increase productivity, save cost, and enable a more compliant environment, but none more than the healthcare sector. Ariston reports that healthcare (which includes hospitals, clinics and pharmaceutical companies) is the biggest revenue contributor for fax services, representing 30% of the global market. Healthcare organizations mainly opt for fax services to ensure the secure transmission of patient documents which helps comply with regulatory compliance like HIPAA in the US, not to mention that fax solutions can also automate several document management processes. In coming years, Arizton expects healthcare revenues to continue to grow as fax solutions become more widely used by individual physicians and the use of fax solutions grows in the APAC regions.

    A close runner-up, representing 26% of global revenue for the fax services market is the Banking, Financial services and Insurance (BFSI) sector, with banks and insurance organizations are the leading revenue contributors, followed by mortgage companies. The Arizton report forecasts that by 2022, more organizations in the financial sector are expected to migrate towards hybrid fax solutions. Hybrid fax solutions give companies greater control over their data with on-premise server deployments, yet also offer the flexibility and scalability of cloud fax solutions.

    Looking for a fax solution that can boost productivity, automate workflows, and help your organization meet regulatory compliance no matter what industry you’re in? Speak with an expert today to find out which solution would best meet your business needs.

    For more information e-mail us on sales@rincon.co.in and we will be glad to assist you.

    The original article can be found here.

  • Reblog: 7 Powerful Advantages of Using a Document Management System

    There are people who personally prefer chaotic work stations, insisting that chaos fuel their creativity. While that may be true, it hardly works in a business environment where people are usually equipped with the right productivity tools to do the right jobs. This article tackles the benefits of managing your business documents through document management software.

    It happens even to the best of us. A document gets misplaced, and you spend hours looking for it, to no avail. Then, your brother or sister, friend or colleague tells you in their most dismissive tone: “Quit looking for it. You’ll find it when it decides to finally show up.”

    And guess what, they almost always end up right. The moment you stop looking for the darn document, just when you already forget about it, you find it sitting innocently on a pile of other documents, on your night stand, or other places you thought you’ve already turned upside down but never actually had, as if enjoying every moment of the little hide-and-seek it obviously beat you at.

    Now, this is a situation you can have a good laugh about if immediately finding the said document isn’t a matter of life and death, or business-critical, one way or another. What if it’s that one document a team needs to get started on a stringently time-sensitive project? What if it’s something that can save a struggling company from costly litigation? Or a government-mandated shutdown, perhaps?

    This is where a document management system (DMS) becomes absolutely necessary.

    What exactly is a document management system?

    According to iDatix, “document management encompasses the processes and procedures your organization uses as it pertains to capturing, storing, securing and retrieving information on a daily basis,” a process that can be simplified through the use of document management software.

    Document management software makes it easy for businesses to combine paper and digital files into a single hub, as physical documents, including checks and business cards, are scanned and digital formats are imported. File formats supported can range from Word documents, Excel spreadsheets, PowerPoint presentations, PDF files, and so on.

    The basic components of document management software systems include:

    • Document storage
    • Check-in/check-out
    • Simultaneous editing coordination
    • Security and access control
    • Search and retrieval
    • Version control
    • Indexing and classification
    • Audit trails
    • Annotations

    It’s more than just going paperless

    Aside from helping keep trees upright to protect the environment from health and economic hazards such as pollution, landslides and flooding, employing a cloud-based document management software solution comes with a host of advantages.

    Below are seven of them:

    1. Document/file repository

    Cloud-based document management systems serve as a central repository for all your important documents that can subsequently be accessed, viewed, changed and shared with colleagues. No more wasting hours upon hours of precious time frantically looking through stacks of folders to find a single document.

    2. Document/content security

    When documents are not managed, the possibility of important information being exposed to the wrong people is considerable. Vital, sensitive information falling into the wrong hands can bring irreversible damage to a business. Document management software solutions let you safeguard confidential business information through rigorous security policies and role-based access control (RBAC) where authorized users alone are allowed to view certain files or documents.

    In the case of disasters like fire or flooding, cloud-based DMS ensures your business-critical data are kept intact, not wiped out from the face of the earth.

    3. Anytime, anywhere access

    As is the case with cloud-based software solutions, web-based DMS affords users the ability to access files and documents anywhere, anytime, regardless of device used, which is particularly handy when collaborating on projects with team members who are on the go or located remotely.

    4. Integration with third-party software

    App integration is a nifty capability that eliminates redundant data input and allows seamless information flow between disparate platforms. Not only does it save you time and effort, it maintains data integrity and accuracy as well. Some DMS even support email integration, affording you the ability to directly send files and documents to customers, colleagues, and vendor partners.

    5. Better organization

    With tags, categories, subcategories, and metadata to mark your files and documents, they become easier to organize, locate, and retrieve for future use. A search using the appropriate keywords can yield results in a matter of seconds.

    6. Time/cost efficiency

    Employee efficiency is a time-saver. Business-wise or otherwise, time saved is money saved. Add to that the fact that keeping and running a document management system can be done at absolutely no cost (for those with free options).

    7. File sharing

    With DMS, users get to share and collaborate on files and documents with colleagues, regardless of their location. They control who they share documents with, and files can be shared through links, published on the web or sent as password-protected files to third-party stakeholders. With the audit trail functionality, they know who has viewed or edited certain files or documents, also critical when unearthing process errors and inefficiencies.

    How about you ? Which document management system do you like to use ?

    The original article is written by Mamoun Chaouni and appears here.

    If you are considering implementing a document management system for your business, but you are still sitting on the fence when it comes to selecting the right solution, we encourage you to e-mail us on sales@rincon.co.in and we will be glad to assist you.

  • Purchase Order Processing

    Any business can benefit from the elimination of the current paper driven Purchase Fulfilment processes by replacing them with electronic Purchase Fulfilment and subsequent electronic storage.

    Benefits:

    • Conversion of paper documentation into electronic form
    • Electronic documents, E-mails, PDF files can be put directly into a purchase workflow
    • These are reviewed, edited, approved and processed efficiently at every stage of the process
    • Reduces costs, increases control and maximises efficiencies
    • Search Purchase Requests and supporting documents based on Index Data and content.

    If you are considering the implementation of a document management system for your business, but you are still on the fence when it comes to selecting the right solution, please e-mail us on sales@rincon.co.in and we will be glad to assist you.