11 Best Document Management Software of 2023 (Reviewed)

Are you looking to make your organization’s document management more efficient, organized, and secure? Not only does it help streamline reports, but businesses can prevent data leaks and maximize their value with the right system in place. But with so many organizations now embracing digital transformation strategies, numerous options are available when searching for reliable document management software. To assist your search process, we’ve compiled this guide that provides an overview of 11 top-notch solutions currently on the market – giving you everything needed to make an informed decision.

What is Document management software?

Document management software is a unique application that helps streamline the storing and managing of documents. It allows businesses to store, track and manage electronic documents and files. Document management software helps to organize the various stages of the document lifecycle, including creating, editing, viewing, archiving, and deleting records.

How does document management software work?

Document management software streamlines the document workflow process. Businesses can access their records quickly and easily by providing an organized method of storing and managing documents. Documents are securely stored in a central repository, and users can view, edit, collaborate on, and delete records as needed. Most software solutions also include helpful features like version control, automated workflows, and document-sharing capabilities. Organizations can improve efficiency and reduce overhead costs by implementing a document management system.

Why is there a need for Document management software?

Document management software is essential for organizations of all sizes, as it helps ensure that documents are secure and easily accessed when needed. It also helps to reduce the risk of data loss, as documents are safely stored in one central location. Furthermore, document management software can also help speed up processes and reduce the amount of paper used, thereby reducing costs and improving efficiency.

11 Best Document Management Software of 2023:

These are the top document management software solutions of 2023:

1. PaperSave:

PaperSave offers automated document management solutions to help businesses streamline their document processes. The software provides users with secure, cloud-based storage, audit trails, version control, comprehensive search functions, and automated workflows.

Features of PaperSave:

• Document Indexing
• Automated Workflows
• Enhanced Security
• Cloud Storage
• Comprehensive Search Functionality
• Version Control
• Audit Trails
• Easy Integration
• Mobile Accessibility
• Automated Document Filing

Pros and cons:

Pros:

• Easy implementation process
• A complete suite of features
• Automated filing and indexing

Cons:

• Slightly more expensive than some of its competitors
• Challenging to learn for non-tech-savvy users.

Pricing:

• PaperSave offers three different pricing plans, ranging from $45/per month to $100/. The plans vary in terms of features.

2. M-Files:

M-Files is a cloud-based document management software that provides users with secure storage and access to their documents anywhere, anytime. The software includes advanced features such as automated workflows, document searches, and more.

Features of M-Files:

• Secure Storage
• Automated Workflows
• Version Control
• Document Search
• Mobile Accessibility
• Integration with 3rd Party Apps

Pros and cons:

Pros:

• Easy-to-use interface
• Advanced features such as automated workflows
• Secure storage and access to documents anywhere, anytime

Cons:

• The pricing plans can be expensive for small businesses
• Only ideal for small businesses that require more advanced features.

Pricing:

• M-Files offers three different pricing plans, ranging from $120/per month to $600/. The pricing plans vary in terms of the features provided.

3. DocuWare:

DocuWare is a comprehensive document management software that allows businesses to store and manage their documents. The software includes automated workflows, version control, and secure storage.

Features of DocuWare:

• Secure Storage
• Automated Workflows
• Version Control
• Document Search
• Integration with Third-Party Systems
• Digital Signatures
• Collaboration Tools
• Data Protection and Encryption
• Mobile Accessibility

pros and cons:

Pros:

• Easy-to-use interface
• Advanced features such as automated workflows, version control, and secure storage

Cons:

• Expensive pricing plans
• Some of the features can be difficult to learn for non-tech-savvy users.

Pricing:

• DocuWare offers four different pricing plans, ranging from $25/per month to $250/. The plans vary in terms of the features provided.

4. ClickUp:

ClickUp is a cloud-based document management software that provides users with easy access to their documents. The software includes secure storage, document search, and collaboration tools.

Features of ClickUp:

• Secure Storage
• Document Search
• Collaboration Tools
• Version Control
• Data Protection and Encryption

pros and cons:

Pros:

• Easy-to-use interface
• Secure storage and access to documents anywhere, anytime

Cons:

• No automated workflows or version control features
• Pricing is on the higher side.

Pricing:

• ClickUp offers three different pricing plans ranging from $5/month to $50/month. The plans vary in terms of the features provided.

5. Templafy

With Templafy, businesses can ensure that their documents are secure and up to date. Additionally, they can quickly find the correct record when needed and streamline processes software, including features such as automated workflows, version control, and secure storage.

Features of Templafy:

• Secure Storage
• Automated Workflows
• Version Control
• Document Search
• Integrations
• Customization options
• Collaboration tools
• Easy-to-use user interface
• Mobile app access
• Secure sharing and approval process

Pros and cons:

Pros:

• Easy-to-use interface
• Advanced features such as automated workflows, version control, and secure storage

Cons:

• Expensive pricing plans
• Not ideal for businesses with large document volumes.

Pricing:

• Templafy offers three different pricing plans ranging from $25/per month to $300/. The plans vary in terms of the features provided.

6. Bit.ai

Bit.ai is a document collaboration and management tool that allows users to quickly store, manage, share, and collaborate on documents. The software includes document versioning, access control, project management, commenting and task tracking, automated notifications, and more.

Features of Bit.ai:

• Secure Storage
• Document Versioning
• Access Control
• Project Management
• Commenting and Task Tracking
• Automated Notifications
• Integrations with Popular Apps
• Image, Video, and File Sharing
• Real-Time Collaboration

pros and cons:

Pros:

• Easy-to-use interface
• Advanced features such as document versioning, access control, and project management

Cons:

• Relatively expensive pricing plans
• Some features can be challenging to learn for non-tech-savvy users.

Pricing:

• Bit.ai offers three different pricing plans ranging from $12/month to $45/month. The plans vary in terms of the features provided.

7. Google Drive

Google Drive is a cloud storage service that allows users to store, share and collaborate on documents. The software includes secure storage, document search, collaboration, and many others document management tools.

Features of Google Drive:

• Secure Storage
• Document Search
• Collaboration Tools
• Version Control
• Can be Access documents offline
• Integration with Google Apps
• Automatic Backup
• File Sharing and Permissions Management

Pros and cons:

Pros:

• Easy-to-use interface
• Secure storage and access to documents anywhere, anytime
• Integration with Google Apps and Microsoft Office

Cons:

• Limited features compared to other document management solutions
• No automated workflows or version control features.

Pricing:

• Google Drive offers different pricing plans ranging from $1.99/per month to $9.99/per month. The

8. OnlyOffice:

OnlyOffice is an enterprise document management system enabling businesses to store, manage and collaborate on documents securely. The software includes version control, secure storage, and automated workflows.

Features of OnlyOffice:

• Secure Storage
• Version Control
• Document Search
• Automatic Workflows
• Real-time Collaboration
• Integrations with popular cloud services and more.

Pros and cons:

Pros:

• Secure storage and version control features
• Automated workflows and real-time collaboration features

Cons:

• Expensive pricing plans
• Not ideal for businesses with large document volumes.

Pricing:

• OnlyOffice offers three different pricing plans ranging from $6/month to $75/month. The plans vary in terms of the features provided.

9. Dropbox

Dropbox is a cloud storage service that enables users to store, manage and share documents. The software includes secure storage, version control, file sharing, and integration with popular apps.

Features of Dropbox:

• Secure Storage
• Version Control
• File Sharing
• Integrations with Popular Apps
• Offline Access
• Real-Time Collaboration
• Automated Backup

Pros and cons:

Pros:

• Easy-to-use interface
• Secure storage and access documents anywhere, anytime
• Integration with popular apps

Cons:

• Limited features compared to other document management solutions
• No automated workflows or version control features.

Pricing:

• Dropbox offers different pricing plans ranging from $9.99/per month to $99.99/per month. The plans vary in terms of the features provided.
• The free plan provides 2GB of storage, and the paid plans offer up to 1 TB. They also offer features like team collaboration, third-party integrations, and more.

10. Zoho Docs:

Zoho Docs is a document management solution enabling businesses to store, manage and collaborate on documents securely. The software includes version control, secure storage, and automated workflows.

Features of Zoho Docs:

• Secure Storage
• Version Control
• Automation Workflows
• Real-time Collaboration
• File Sharing
• Integrations with Zoho Applications & Third-Party Apps

Pros and cons:

Pros:

• Secure storage and version control features
• Integration with Zoho applications & third-party apps

Cons:

• Limited features compared to other document management solutions
• No automated workflows or version control features.

Pricing:

• Zoho Docs offers three different pricing plans ranging from $3/month to $35/month.

11. HighTail

HighTail is an enterprise document management solution enabling businesses to store, manage and collaborate on documents securely.

Features of HighTail:

• Secure Document Storage
• Document Collaboration
• Document Version Control
• Advanced Search and Reporting
• Integration with Third-Party Apps
• Permissions and Access Levels Management

Pros and cons:

Pros:

• Secure storage and version control features
• Integration with third-party applications
• Advanced search and reporting capabilities
• Permissions and access levels management

Cons:

• Poor user experience in some areas
• No mobile application
• Lacks file encryption options
• Limited customer support options
• Third-party integrations can be buggy

Pricing:

• HighTail offers three different pricing plans ranging from $20/month to $200/month. The plans vary in terms of the features provided.
• The free plan provides up to 2GB of storage, and the paid plans offer up to 500 GB. They also offer features like file encryption, advanced search and reporting capabilities, and more.

How to choose the best document management software?

When evaluating document management software, consider the following features:

• Storage and Version Control: Does it provide secure storage and version control?
• Collaboration: Does it enable real-time collaboration and file sharing?
• Workflows and Automation: Does it provide workflows and automation capabilities?
• Integrations: Does it integrate with popular apps and third-party applications?
• Security: Does it offer encryption, permissions control, and other security features?
• Cost: Does it fit within your budget?
• User Experience: Is the user experience intuitive and easy to use?
• Customer Support: Does it provide reliable customer support options?

Once you have considered these features, you can narrow down your choices and select the best document creation and management software for your business.

Conclusion:

Document management systems are essential for businesses that securely store, manage and collaborate on documents. By evaluating different document management solutions, you can find the best one for your needs. Consider storage and version control, collaboration, workflows, automation, integrations, and security features when selecting the right software for your business. With the right and effective document management system, you can streamline your business processes, improve collaboration and ensure secure storage of documents.

FAQs:

Q: which document management software is the best suited for my business?

A: The best document management software for your business will depend on the specific needs of your business. Consider storage and version control, collaboration, workflows, automation, integrations, and security features when selecting the right software for your business.

Q: what is free-of-cost document management software available?

A: Some free document management software includes Google Drive, Dropbox, and Zoho Docs. However, these solutions may have limited features and storage capacity compared to paid solutions.

Q: Are document management software customizable?

A: Yes, many document management systems offer customization options. This allows businesses to tailor their document management system to their specific needs.

Q: Is there any document management application available?

A: Many document management applications are available for mobile and desktop platforms. It depends on your chosen software; these apps can enable secure file sharing, real-time collaboration, and workflow management.

Q: what is the importance of a document management system?

A: Document management systems are essential for businesses that must securely store, manage and collaborate on documents. These systems can streamline processes, improve collaboration, and ensure secure storage of business documents. They can also help reduce document production, printing, and filing costs.