1. Improved Data Management
Research shows that the average worker spends 28% of the workday reading and responding to the emails that pop up in his inbox. That’s roughly 2.6 hours and 120 messages per employee, per day. This data alone reveals that today’s workforce is inundated with data at every checkpoint. If it isn’t email, it’s customer support requests, meeting minutes, marketing reports and more. To this end, it can be an overwhelming effort to try and organize it all. Sure, you can create an elaborate file system on your desktop to keep track of all of your work-related documents, but what happens when an off-site worker needs to access one of the files? The data your company receives pertains to different projects, belongs to different teams, and is submitted in different formats and sizes. Trying to keep track of everything is a challenge for even the strongest leaders. This is where SharePoint can help. In an instant, users can take control of the exact data points they need, without having to sift through tons of documents that they don’t need. If you’re using cloud-based SharePoint Online, they can do so from anywhere, at any time. The best part? You don’t have to abandon your existing best practices to leverage this new form of data management. Your SharePoint solution integrates with the Microsoft Office Suite, including Microsoft Excel, PowerPoint, Word, and Outlook as well as Microsoft Unified Communications and Microsoft Exchange Server. Users can also access line-of-business systems, including Microsoft Dynamics CRM. At the same time, configurable back-end connections allow them to create personalized views and interactions with those systems. It’s data management, made easy.
2. Simplified Business Functions
Think about the workflows you have in place to manage your day-to-day business activities. How does your business handle initiating, managing and reporting on common functions? Some of the most common activities include:
Routing a document or item for approval
Tracking an issue, project or task
Routing a document for publication
SharePoint includes various out-of-the-box workflows designed to automate these processes and more. Employees can even integrate them with familiar client applications, email programs, and web browsers for simple and consistent user experience.
3. Regulatory Compliance and Data Security
From the healthcare sector to the legal and financial fields, there are many industries in which professionals must adhere to strict regulatory requirements and guidelines. Many of the requirements they must follow, center on effective document control. Specifically, there should be measures in place to make sure that only authorized users are allowed to access confidential employee and client data. SharePoint allows users to specify security settings that comply with their specific compliance regulations at every checkpoint. You can also set storage and auditing policies, along with actions to take when business records expire. This helps your organization maintain compliance, all while controlling and managing business-critical information in an effective manner. Even if your business doesn’t revolve around tight compliance measures, it’s still important to place controls on data access within your company. SharePoint allows you to set specific permissions that dictate control over the following entities:
In addition, you can also set other security settings that require your employees to check out documents before editing, view all revisions made to a document and even return a document to its original state with one click.
4. Optimized Content Delivery
From blog writers to media specialists, there are many kinds of business users working behind the scenes to optimize your company’s content strategy. A successful one requires timely approvals, edits, and feedback from your staff. If you’re relying on a network of disparate folders to deliver robust content control, you’ll likely fall short. It can be difficult to discern who’s touched the document, how many times it’s been reviewed, and if the version you’re looking at is even the most recent one. When you invest in SharePoint, you have immediate answers to all of these questions and more. Users can create and submit content for approval in seconds. If you pre-schedule your content to go live on your intranet or internet sites at a certain time, this means you never have to wonder if your post or article has gone through the required review stages beforehand. If you’re a global company with multilingual content, SharePoint is also up to this task. The software includes document library templates that help you navigate between an original document and its multiple translations with ease.
5. Unparalleled Collaboration
Even if you only employ a handful of people, it’s essential that these team members all understand how to communicate and collaborate. If they don’t have access to resources that facilitate this aim, it’s all too easy for discord and disarray to emerge. This is especially the case with document control. Person A might create a document and expect Person B to review it. However, while Person B has the document open, Person A remembers a few changes he wanted to make and opens it back up before resaving it. Suddenly, neither person knows which version is the most accurate, as neither document is complete. SharePoint features version controls that track every single edit made to a document, along with the time it occurred and the person responsible. Moreover, only one person can access the file at a time to prevent duplicate work. Co-workers can share files and updates in real-time, improving their collaborative efforts.