A Cost-Benefit Analysis of SharePoint vs Xerox Document Management Solutions in Denver
If you are in search of Document Management platforms for your firm, SharePoint and Xerox are two possibilities that may have crossed your path. But how are you evaluating your choices?
In our over 2 decades of experience helping to implement cutting-edge and potent platforms that improve processes and boost synergy, we have observed that customers are most apprehensive about the total cost of implementation (TCO).
However, beyond that, they are also looking at features, vendor credibility, and client reviews.
Therefore, in this article, we are going to differentiate Xerox DocuShare and Microsoft SharePoint alongside each other.
We'll take a look at costs, functionality, and client reviews across some of the most popular solution review sites. But first, let's take a look at the advantages of document management solutions.
The Benefits of Document Management Software
A document management software can help you boost efficiency, expand cooperation, and intensify security for those industries that supervise confidential data, like government, healthcare, and the financial sector. Let's break these benefits down a little further.
Paperless arrangements are more cost-effective
Centralized document storage
Amplified capability and productivity for your personnel
Greater safety for your classified files and data
Better adherence to regulations
Now that we have discussed the advantages of document management platforms, let's start our program assessment with a brief introduction to of these products.
Microsoft SharePoint vs Xerox DocuShare Comparison
Introduction
Microsoft SharePoint is a cloud-hosted, SaaS collaboration solution that offers a document management and safekeeping system and incorporates easily with Microsoft Office programs like Excel.
Organizations of various sizes could also broaden SharePoint Online's capacity to incorporate process automation through the utilization of Microsoft PowerApps' Power Automate program.
Automation functionalities consists of machine learning, Optical Character Recognition (OCR), and artificial intelligence to extract data from scanned records and searchable PDFs.
Xerox DocuShare is an ECM that allows users to produce, transfer, and administer content while smoothly integrating other organizational systems, and expanding customized software tools.
While labeled an ECM, Xerox DocuShare can be applied in small businesses and SMB's as well to simplify business processes and alleviate document management.
It should be noted that Xerox DocuShare could be configured to produce workflow automation capabilities.
Pricing
When evaluating the total cost of ownership (TCO) for a document management software, we should take into account a number of considerations such as:
Licensing
Subscription Fees
Onboarding and Training
Business Needs Customizations
Maintenance and Support
Pricing for Xerox DocuShare begins at $1,500 per license. On the other end, Microsoft SharePoint's pricing begins at $5 per user per month. Although there is a significant variation, we need to learn more about the functionalities presented before making a final decision.
Now, let's take a look at how Xerox and SharePoint contrast in terms of capabilities.
Features
Like with any business software, it’s critical that you carefully assess functionality as part of your screening process. Usually, software categories can include selections that vary considerably in their features and capabilities.
The solution you ultimately choose should provide an excellent user experience, assist your business proceedings and tasks, and offer more insight into your operations. They should also incorporate the features that matter most to your organization.
In this regard, let's go through Xerox DocuShare vs Microsoft SharePoint features specific to document management.
Customer Reviews
One more significant element when evaluating document management software is customer reviews. Let's go over some reviews from a number of the most renowned software review sites.
Uncertain about which document management system is ideal for you in Denver? Wave can help!
Holding a competitive advantage in today's fluctuating corporate economy can be challenging. By expediting your business processes to enhance competence and eliminate hindrances, you could give your company the best opportunity of staying ahead of the competition.
To accomplish so, your organization must be meticulous to select the appropriate solutions that will help you maximize your assets and achieve your strategic development targets.
It isn't always simple for a company just getting underway with back-office modernization or intelligent information management initiatives.
At Wave, we can help by evaluating the essential pieces of your organization and with step-by-step digital transformation and corporate process automation, refine them.
We employ a mixed solutions stack based on your organizational requirements to automate your tedious company workflows around extracting, arranging, and filing data so it is convenient to find and use at any time, from anywhere.
We can help you to custom-tailor your document management solution to meet your organization’s specific requirements and we happily collaborate with more than 60 industry-accepted ECM and DMS tools.
If you’re keen to learn more, connect with us now and we can arrange a time to chat.