Look for a document management system that enables seamless document process automation.

Top 18 Document Management Systems of 2021

The International Standard Organization defines a document as a “recorded information or object which can be treated as a unit.”

Source: ISO

A document management system is, therefore, a tool that enables the creation, organization, and controls the flow of business documents within teams.

What is a document management system?

A document management system is a process that can create, manage, store, and track documents such as Word processing files, PDFs, and other file types digitally. A well-integrated document management system enables speedy drafting, optimized storage and retrieval, easy document accessibility, lowers the overall cost of document management and automates manual document approval processes. The right document-based solution will also provide improved security and make document sharing simple.

Discover the power of documents with the right tool

We believe that the required document management systems can help fix ‘document dysfunction.’ But while each individual and business uses different types of documents, it is important that the tool is distinctive to its users.

Document management systems for creative individuals
An electronic document management system provides hassle-free collaboration, ease of electronic signatures, and helps author documents (especially contracts) via templates with precision.
Some cloud-based document management systems offer seamless no-code integration with other business applications (like CRMs, payment app integration, G-sheet, etc.) which promotes document automation and makes it easier to work with electronic documents. Getting a document management system is the best bet for creative individuals as it takes away the pain of manually dealing with documents and lets them focus on what they know best.
Document management systems for SMBs
Easy to use interface helps to set up automation workflows when it comes to working with documents. A simple document management system will understand the structure and strategy behind the business documents and help in accelerating performance, and enable accountability with document tracking and user management.
Document management systems for enterprises
Enterprises consist of large multiple teams that aim to unlock billions of dollars in terms of efficiency, especially when it comes to overall document creation and management process. A document management software that analyzes every small action (when it was created, opened, sent for approval, or who worked on it), offers the option of document retrieval and version control with improved compliance and connects with other existing business systems for improved efficiency.

It is important to understand your business processes well before you finalize a document management system for your business. Look for management solutions that just don’t add to your cost but also have features that add value to your overall business process.

Some of the key features of document management systems can be leveraged by all types of users- individual, SMB, or an enterprise – like, ability to store documents, provide well-defined workflow processes, document tracking, user management, electronic signature, security features, etc.

What are the three benefits of using a document management system?

With the advent of technology, users are spoiled for choices when it comes to choosing the right tool amongst the many document management systems available in the market. Here are some of the must-have benefits to look for when choosing the appropriate document management solution for your business –

Ease of use – Cloud-based document management systems bring ease to the document creation and management process. The users can leverage ready-to-use business document templates (Sales, HR, Procurement, etc.) and create required documents in no time. All the documents ever created are securely stored in a single repository. The cloud-based solution allows you to track activities within your electronic documents, such as who opened the document, when it was opened, who signed it, etc.

Enhanced efficiency – Working with electronic documents enables companies to streamline their document process. It automates repetitive activities and allows users to focus on their primary tasks. A faster and efficient process boosts staff morale and results in better client satisfaction. It also allows businesses to become more scalable to cater to the needs of different clients.

Improves compliance – Compliance requirements like HIPAA, Sarbanes Oxley, etc., for certain business documents can be pervasive. Document management systems enable businesses to adhere to strict regulatory compliance with improved visibility. This makes the document more compliant and less prone to error. Such measures are difficult to implement with paper documents which are more susceptible to human errors.

Document management systems feature list

Documents can exist within any team, from HR to finance, sales, and even operations and customer success. Most of these are stored in separate public and private networks, shared drives, filing cabinets, and even email.

And this where the challenges lie –

  • Multiple repositories and information mean silos and information gaps
  • Organizations further face the risk of lost or damaged files, errors, and even redundancies
  • There is no quick and time-saving way to find useful content across an organization
  • This also has legal implications, especially if there is regulatory compliance that the organization needs to adhere to when sending out business documents

To combat all of these above mentioned issues, a document management platform can be helpful. It acts as a cumulative platform for all forms of disparate documents and offers control, accessibility, and efficiency when it comes to managing documents. Furthermore, it offers advantages in terms of template creation, version control, information retrieval, security, and governance.  It lowers the overall cost of governance. 

While there are hundreds of document management software (DMS) available, here are some of the common attributes that they all have –

Centralized document repository/storage – The right document software will come with centralized storage that will help manage and retain documents. This single source of truth acts as convenient access for all employees and individuals. The centralized repository also incorporates version control. This gives the ability to check revisions and changes and also the potential for reverting if it has errors.
Document templates – Automate your processes of drafting business documents with the help of various contract templates that are easily downloadable and ready-to-use.
Retrieval and search – This allows users to find relevant document artifacts and information based on document identifiers like account names, metadata, and content.
Seamless workflow automation – Workflow enables administrators to dictate the flow of the documents through the organization.
Collaboration – If the document has multiple users to view and modify – collaborative features like share, review, and even notes (or messages) help to monitor and maintain compliance within the system itself.
Document tracking – A real-time activity tracker that records the activities within the document with timestamps even after the document is sent to the customer for review or signature. It presents information on who opened the document, when was it opened, how many times was the document opened, who approved or eSigned the document, etc.
eSign – Take quicker decisions with document share and eSign integration. Since eSign is compliant with relevant regulatory bodies, it makes the entire process safer.
Document components lockdown – Collaboration can often lead to changing of important document sections. This makes the locking feature a boon, especially when you don’t want anyone changing your terms and condition in an MSA or NDA.
Regulatory compliance – Ensure state and federal regulatory compliance for your documents. Document management tools help to meet compliance requirements and also offer role-based permissions making adherence to such laws plausible.
Integrations – A great document management tool will seamlessly integrate with CRMs, e-signature tools, Microsoft Office Suite, etc., to enable smooth flow of content across teams.
Advanced preview – The document management should have a feature that enables you to preview the document in the centralized repository.
Email/Slack integration – Send customized alerts and messages to collaborators on time.
Autofill information – Auto-populate form fields with data from CRMs and other places.
Discount calculation – A quote table with pre-calculated formulas for easy pricing and other online purchases.
User permissions – Provides an ability to organize documents for each department and set permission to who has access to what.
Document export – Should facilitate easy conversion of documents into Docx and PDF for sharing.

Now you know that the right document management system maximizes efficiency across your organization, here are some tools and their features. 

Revv – Your intelligent business partner to manage paperwork

The best document management system will enable you to collaborate seamlessly across each document created, reviewed, and signed from one central place. Revv helps individuals and teams to run their businesses seamlessly. Its ready-to-use legally vetted templates, seamless one-click eSignature, ease of API integrations and responsive customer support make Revv stand out from its competitors. It is made for every individual who is looking for a tool that integrates with their existing system of records and makes the overall process of document management effortless.

Create, review, track, store & eSign documents with Revv

Features

  • Centralized document storage
  • Electronic signature
  • Drag-and-drop editor with rich formatting
  • Form-based editor
  • User management/ Access control
  • Version control
  • Document templates and templates management
  • Autofill information
  • Search filters
  • Workflow and approvals
  • Collaborative notes and mentions
  • Document tracking
  • Lock components in the document
  • 24/7 support on email/phone
  • Integration with business apps like Zapier, Salesforce, Gsheets, etc.

Out of the box features that you’ll love 

Revv makes you relook into the entire document management system, as it is made with the end-users in mind. It helps you reduce paper trail and manages all your documents to ensure quality, compliance, and consistency. The intuitive user interface and other out-of-the-box functionalities like Metalens enable Revv’s users to be self-reliant to run their business.

Metalens makes it easier to understand complex business contracts – it extracts, navigates, classifies, and recognizes different components from a structured or semi-structured data and provides information that opens discussion points and enables overall decision making.

The other feature that makes Revv a leader in the document management category is the ability to integrate with different business applications by using low or no code at all.

Integrate multiple business apps woth Revv and create powerful documents

Pricing

Revv offers three different pricing plans – Basic, Pro, Pro plus. The Basic plan is free forever that includes three free eSigns, more than 1000+ templates to use, 5GB storage, and more. The other two plans – pro and pro plus – are priced at $15/month and $49/month that is billed annually. The pro plan offers ten free eSigns with 30GB storage and accommodates up to 10 users whereas the pro plus plan provides fifty eSigns per month with a capacity of up to 50 users and 100GB in storage. Know more about Revv’v pricing plan.

Formstack documents

With 100s of in-built templates, Formstack Documents allows you to create and share beautiful documents across locations. You can also upload PDFs, Word docs, Excel sheets, and PowerPoint presentations.

Features

  • Auto-generated forms 
  • Document storage 
  • Workflow management
  • Full-text search 
  • Drag and drop editor 
  • Version control

Out of the box features that you’ll love

From providing a secure interface to easy integration with apps such as Salesforce, MailChimp, and Paypal, Formstack Documents also comes with advanced data routing. This allows you to pass information to multiple documents at once and uses logic to control where and when docs are sent.

Pricing

They have a 14 day risk-free trial with unlimited testing. They also offer plans like Starter ($92/month), Pro ($184/month), Business ($367/month), and an Enterprise plan. Each of these comes with a set of free templates and merges. For their Enterprise plan, you need to contact them.

Dropbox Business

With a Smart Sync feature, Dropbox Business allows you to maintain a cohesive workspace across the organization. Access and collaborate all your documents in one place and optimize your existing workflow with this document management system.

Features 

  • Real-time editing 
  • Version control
  • Data synchronization
  • File sharing 
  • Electronic signature 
  • File conversion type
  • Offline access 
  • Compliance tracking 
  • Collaboration tools

Out of the box features that you’ll love

Easy to use and set-up, Dropbox document management enables small items to sync securely between multiple devices saving time. The Dropbox Spaces feature allows you to bring all your files together so that your Microsoft Office Suite can exist besides your Trello boards, making it easier to collaborate.

Pricing

Dropbox’s business comes with four different types of pricing plans. The Professional is charged at $16.58/month, Standard is priced at $12.50/user/month, Advanced for $20/user/month, and an Enterprise plan. All of these plans are billed annually.

Pandadoc

Pandadoc, with its powerful document management features, empowers sales teams to streamline the process of creating, approving, and e-signing proposals, quote, and contracts. 

Features

  • Document templates
  • Document tracking and analytics 
  • Workflow management
  • Document signing
  • Summary reports
  • Role-based permissions

Out of the box features that you’ll love

A user-friendly e-signature feature is the game-changer for its users. No more mailing papers back and forth. Their clean interface makes the product easy to use. 

Pricing

Pandadoc offers a wide range of pricing plans. Starting from a free plan that includes e-sign, they have an essential plan ($19) and a business plan ($49). For a large scale team, they offer an enterprise plan. Get in touch with their sales team to know more!

eFile cabinet

If you are looking to re-invent your document management processes and bring in more efficiency, you should opt for eFile cabinets. They offer both cloud and on-premise services with critical features like workflow automation, secure file-sharing, and eSignature requests, all on one platform.

Features

  • Drag and drop file storage 
  • Role-based security
  • E-signature integration
  • Secure file sharing
  • Audit trail

Out of the box features that you’ll love 

The admin is updated with real-time alerts and notifications, whenever a document is uploaded or downloaded. It also has an add-on available for desktops to enable easy scanning of documents. 

Pricing

eFile cabinet offers a basic plan ($15) with 25GB storage space, Advantage plan  ($55) with 1TB storage space, business plan  ($99) with 5TB storage space, and finally, the Enterprise plan ($199) with unlimited storage. These are all billed annually. 

Conga composer

Conga Composer is a zero-effort document management system primarily that is built for sales professionals. Conga allows seamless collaboration while working on a contract and offers a robust cloud platform to create, share, review, edit, and sign contracts on any device.

Features

  • Template creation and flexibility
  • Assembly and approval workflows
  • Engagement tracking
  • E-Signature integration
  • Reporting and Dashboards
  • User, role and access management

Out of the box features that you’ll love 

It offers seamless integration with your CRM platform and ensures accurate and quick generation of contracts. What customers revere most about Conga is their responsive, knowledgeable, professional, and personal customer service.

Pricing

They have a unique custom pricing plan that is designed uniquely for each customer, depending on the need and scale of your business. You can contact their team to know more. 

Zoho docs

Zoho docs, as a document management system, offers a secure and collaborative workspace for your teams. It ensures a seamless process of creating, storing, sharing, and collaboration on documents of any format available. 

Features

  • Online file storage
  • Real-time editing
  • Document version control
  • Integration with Google apps
  • Audit logs
  • User and role management

Out of the box features that you’ll love 

The collaboration feature offered by Zoho docs makes the document management process a lot easier. It also supports any file type and offers storage for a large number of files. It can be accessed from any kind of device like tablets, phones, etc.

Pricing

They offer a free plan with up to 5 users in a team followed by a standard plan ($3.19) which is the most popular option and finally, the premium plan ($5.11). All these are per user per month cost that is billed annually.

Citrix Sharefile 

With Citrix Sharefile document management system you can expedite your document management process with automated workflows and approvals. The tool allows you to co-edit, and eSsign seamlessly across devices. The real-time tracking helps you analyze where the document stands.

Features 

  • Document indexing 
  • Document archiving 
  • Electronic signature 
  • Compliance tracking 
  • Version control
  • Real-time synchronization
  • Drag and drop editor 
  • Workflow management 
  • Search filter

Out of the box features that you’ll love

Easily navigate through Sharefile’s user-friendly interface. What makes it stand apart is that it enables integration with the standard Outlook email platform that allows users to merge files by using a third-party FTP, where sensitive documents need to be shared.

Pricing 

While their plans include storage, you can always increase storage space and the total number of licenses with each plan. Their plans include Standard ($50/month), Advanced ($77/month), Premium ($122/month), and a Virtual Data Room ($338/month). Each plan includes a free trial period.

Doccept

Doccept is a document management system that offers some advanced features like email integration, version control, auto-folder formatting, security and regulatory compliance, custom metadata and mobile compatibility, and more. It also includes a wide range of search capabilities. 

Features

  • Document archiving 
  • Electronic signature 
  • File type conversion 
  • Compliance tracking 
  • Offline access 
  • Version control 

Out of the box features that you’ll love

The tool is highly configurable and is easy to install. There is a requirement for some training, but it definitely helps in reducing the overall operational costs. 

Pricing

Their pricing is not mentioned on their website, but you can definitely schedule a free demo from their website. 

A list of document management systems to help you manage paperwork

Evernote Business

With Evernote Business, create documents, collaborate, and store all your information across devices, even if offline. Powerful search capabilities help to cut through the noise and get to your relevant documents faster. With this tool, you can onboard teammates and also hold onto information once they have left. 

Features 

  • Share notes to collaborate with teammates 
  • Rich text editor 
  • Snap photos
  • Quick sketch options
  • Data Synchronization
  • Document storage 
  • Image library
  • Version control
  • To-do list 
  • User management 

Out of the box features that you’ll love

A fairly complete tool for taking and sharing notes, Evernote helps you to stay organized, especially when it comes to document management. It also helps you track the status of your project easily from both the mobile and desktop versions. It also comes with AI suggested content support, which means that it can recommend notes based on what you’ve written.

Pricing 

Evernote’s pricing plan offers a premium plan that can cost up to $2.61/month and a business plan that costs up to $6.85/user/month (for a minimum of two users).

Box 

With Box, you can easily manage the entire lifecycle of your business documents. Manage documents, project plans, presentations, and videos and share the latest pitch with your end-users online or offline. A powerful admin console makes tracking documents easier.

Features

  • File type conversion 
  • Electronic signature 
  • Document retention
  • Compliance tracking 
  • Offline access 
  • Version control
  • Document indexing 

Out of the box features that you’ll love

Box enables one major thing – i.e., making documents accessible from anywhere. This increases efficiency and enables collaborators to work on the go and address customer needs anytime and from anywhere. The interface and accessibility of Box also make it a favorite among its users. 

Pricing 

For Box, its pricing starts at $5/user/month for the Starter Plan. They also have a Business plan and an Enterprise plan that offers content management for your entire organization.

ZorroSign

Enabling organizations to manage documents in one place, Zorrosign’s single and intuitive user interface allows you to manage, track, and e-sign documents all from one single place. 

Features 

  • Document storage
  • Document tracking 
  • Electronic signature 
  • Folder/sub-folder creation 
  • Search and filter options 
  • Document encryption support 

Out of the box features that you’ll love

This document management system encrypts documents automatically. You can also organize documents in folders and sub-folders, making the search easier. 

Pricing 

The Individual plan is free and offers a single-user license. The Professional plan is billed at $10 for a single-user license. The Business plan is priced at $20/month, and since their Enterprise plans come with customized features, you will need to contact them for a custom quote.

Microsoft Sharepoint 

Sharepoint was designed to give a secure platform to store, organize, and share information. Besides being scalable, as Sharepoint users are also MS Office Users, it is also highly customizable. 

Features 

  • Search filters 
  • Easy to use interface 
  • Mobile app
  • Email client integration
  • Co-edit documents 
  • Role-based security 

Out of the box features that you’ll love

Sharepoint plays a dominant role in some of the world’s largest businesses, which means many use it extensively for its document sharing experience. Compatibility with Microsoft Office makes it one of the most preferred tools to be used in document management.

Pricing 

Microsoft Sharepoint is included with Microsoft 365. For small businesses, it is priced at $5.00 user/month, and for enterprises is about $10.00 user/month.

UltraDox

If you are looking for a tool to generate beautiful and personalized pdf documents from templates, then Ultradox is the tool for you. This enables you to turn Google Docs into a simple yet powerful template engine. 

Features 

  • Template management
  • Reporting/Analytics
  • Collaboration
  • Version control
  • Archiving and retention
  • Contract Management

Out of the box features that you’ll love 

With Ultradox, you can automate much of your work. The application saves time and has a user-friendly interface which makes it easy to work with. This leads to an improvement in your document management process. It allows you the freedom to access and work on your documents from anywhere. 

Pricing

The pricing information is not released by the vendor. You can apply for a free demo and get more details directly from their team.

NetDocuments

NetDocuments offer secure cloud-based document management and collaboration software solution. It offers easy options to search, review, and organize documents from one single interface. 

Features 

  • Collaboration tools
  • Versioning
  • Process Automation
  • Document management
  • Electronic Signature
  • Compliance tracking

Out of the box features that you’ll love 

The collaboration feature is a big boon. You can easily share individual documents or even entire folders securely with your clients. The tool also allows you to manage your documents by creating folders and segregate them by clients, document name, and type of document. 

Pricing

Pricing information for NetDocuments is not disclosed by the vendor. You can sign up for a demo and directly get more information.

Notion.so

Notion.so is an all in one workspace that facilitates smooth document management process and effective collaboration. The tool allows businesses to create roadmaps and monitor tasks based on completion status, priority, or assigned team members. 

Features 

  • Workflow configuration
  • Collaboration tools
  • Document retention
  • Version control
  • Customizable dashboards

Out of the box features that you’ll love 

This tool breakdown feature makes it easy to navigate between pages. The biggest attraction for the users is affordability. The cloud-based tool provides value for money.

Pricing

Notion’s pricing is divided into four different plans. The Personal plan is free, followed by a Personal pro ($4), a Team plan ($8), and finally the Enterprise plan. You will have to connect with their team to finalize the cost of the enterprise plan.

Nintex

Nintex simplifies document creation. It transforms documents into automated business processes to accelerate sales and business results. It is a solution that replaces and streamlines paper-based methods.

Features 

  • Template creation and flexibility 
  • CRM integration
  • Reporting and dashboards
  • E-Signature Integration
  • User, Role, and Access Management
  • API / Integrations

Out of the box features that you’ll love 

The one thing users love about Nintex is that it auto-populates contract information and is well integrated with Salesforce. It makes it easier to follow up with your customers and clients, unlike the manual ways of the document management system.

Pricing

Nintex offers two types of pricing plan – i) Standard edition for the Nintex Workflow standard ($875) and ii) Enterprise edition for Nintex Workflow enterprise ($1350).

Google docs

Google docs is the online word processor where you can create, update, and collaborate on your documents. The application also allows you to add notes and share documents links for easy access to others in your team.

Features

  • Collaboration
  • Document creation
  • File sharing
  • Notes management
  • Team chat

Out of the box features that you’ll love 

Google docs host your documents on the cloud, which makes it easily accessible at any time. What users value most is the seamless document exchange and the ability to track changes made in the document.

Pricing

They have a simple pricing plan – i) Google apps ($5) billed per user per month and ii) Google apps with unlimited storage and vault ($10) per user per month. 

The power of document automation

When it comes to documents, be it drafting, managing, or storing, businesses are juggling between multiple systems of record to keep track of all documents and files. Best document management systems like Revv bring in automation for your businesses by streamlining the overall process and automating repetitive tasks.

Automation transforms physical paper documents into intelligent digital files that are tracked easily, can be stored securely in the cloud, and in specific cases have user-friendly mobile access. If you are still not convinced, here are some benefits that businesses enjoy when they pivot from manual ways of doing business and automate their internal processes –

Document workflow automation is the future of document management

Speeds up the process – Speed is what a prospect or client demands and accepts. The faster you respond to a prospect or a client with the required document, the higher are the chances of closing a deal. Document automation allows you to seamlessly integrate with other business applications and set up automated workflows which enables speedy document creation, review, and signature.

Time saver – When you automate your business processes, you save time focusing on other priority tasks like customer satisfaction. Automation allows users to do away with repetitive manual activities and produce complex business documents on time.

Improves profitability– When businesses have a correct document management system in place, it has a positive impact on Return on Investment (ROI), which can be very difficult to achieve with a paper-based system. An automated document management system will reduce the cost of having paper documents, physical storage space, etc.

To understand document automation better, you can read how you can automate document workflow with Revv and Zapier.

People also ask –

What is intelligent process automation?

The technology of automating the process of creating, managing, reviewing and storing structured, semi-structured, and unstructured documents is called intelligent process automation. Revv offers intelligent process automation as a feature called Metalens in their product which reads, extracts, and analyzes your data to help you understand better and make quick and informative decisions.

Document management – A stitch in time

Choosing the one right tool for your organization from the many document management systems available in the market is a critical task.

A document management software that perfectly fits the needs of your organization can be a blessing. The tool will offer an effective and efficient way to create, manage, and collaborate over your documents. You can store and retrieve all your documents from a  single platform and keep track of multiple activities going in and around your documents. 


The right tool will be a perfect fit that will change the way your business operates. Similarly, you can look for other tools that your organization might require like quoting software.

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Want to take the hard work out of drafting quotes? Try Revv’s quote templates

People also ask

What are the best contract management systems?

Finding the best document management system depends a lot on your organization’s requirements. But some common features that must be sought out when finalizing a document management system are – user-friendly editor, legally vetted & ready-to-use templates, security features to ensure that your sensitive documents are safe, device-friendly documents, one-click eSign, etc. Revv is one such document management tool that comes with power-packed features that can be an ideal choice for your organization

What is the purpose of a document management system?

The purpose of a document management system is to enable smooth management of your business documents. No matter what business you do, documents are always an integral part. They contain confidential details that build relationships. These documents need to be created with precision and stored securely for future references. A good document management system is capable of doing that for you while you focus on other primary tasks at hand

Please note that all the above-mentioned information is gleaned from company websites, comparison websites such as GetApp, G2, Capterra, and others. Since companies keep adding features, some of the information may be out of date. Let us know at sales@revv.so if there’s any information here that needs change, we’ll verify and update as quickly as possible.

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Aditi

Aditi

Aditi is a Product Consultant at Revv, a leading document management software company that provides document templates that help run your business. All about chasing sunsets, her thoughts collide with everything SaaS and oscillates between the midnight musings of a poet and her fav authors. Can be mostly found near dogs or in a cafe with a book.

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