| |June 20208 IN MY OPINIONEMERGING DMS TECH TRENDS TO WATCH FOR IN 2020DBy Arvind Murarka, Head IT, Arohan Financial Services igital Transformation is a path most trav-elled by organisations across industries. Given the changing global macroeconom-ics, it is an ongoing process and is here to stay. One very key component of this journey is to manage the huge amount of documents that get generated every single second. Businesses across industries and of various sizes generate a whole lot of documents, and managing these while planning their re-tention has been a challenging task. Here comes to play the Document Management System (DMS), one of the most important tools in this journey of transformation.The process of DMS has transformed from being a tool to store post-scan documents and with a very basic retrieval mechanism to a device agnostic tool that stores scanned as well as system generated documents which have advance tags and search options and includes work-flows, thus fast becoming a must-have for organisations across industries. Given the current and emerging trends and government priorities, the objective of being `paper-less' is possible only if a feature-rich DMS is implement-ed. Some of the key emerging trends under the scope of DMS are:Collaborative Tools: DMS is a robust tool which can be leveraged effectively for collaborative working. With document sharing and versioning capabilities, it can help a team to work simultaneously on a document. The docu-ment can also be extended to various business partners and/or cross-functional teams for collaborative working. With such features that will help in reducing redundant Arvind Murarka
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