What Makes Document Archiving The Need Of The Hour?
Are you afraid of losing your essential data to different malware? Do you have a pile of unstructured data hogging your company’s systems? Through document archiving, you can now leave all your worries behind and keep your data safe and accessible for a long time.
Whether you belong to a SaaS company, Banking, a healthcare organization, or even a legal firm, you might have hefty data hogging your system space, making it difficult for a data management system to work seamlessly.
Another aspect of data archiving is email archiving for regulatory purposes, which has become a critical component, ensuring organizations comply with stringent requirements to retain email correspondence for specified durations and facilitating secure and efficient data management.
You can quickly go for document archiving and preserve all your essential data from your existing file server on cloud storage without any impact on users. Document archiving is a common practice used by many leading enterprises to ensure all their hard work and intellectual property is stored correctly.
Document archiving can help you focus on what you need and require instead of wasting time digging old and recurring data. Before we jump to why we should opt for document archiving, let’s put some light on what document archiving actually means.
What Is Document Archiving?
You may have already heard the word “archive” a lot, but what does document archiving mean, and how is it related to you? Many people perceive that document archiving is the same as book archiving, stored in a library. But this isn’t the case here.
With emerging technology, companies have moved towards the digitalization of their data and storing it online in a cloud service. Government repositories can provide cloud storage with public access. Similarly, document archiving is done using several data archiving software.
You can also go for document archiving software, such as ShareArchiver. You might already be familiar with the concept of files and document backup. Document archiving is over interchangeably used along with data backup, but both are pretty different.
You can select a trustworthy online cloud storage provider or document archiving software such as ShareArchiver to save up all your old yet essential data without a second thought.
6 Reasons Why Document Archiving Is Important
We are here to give you reasons for exactly why you should go for document archiving to enhance your business efficiency and maintain a compliant data management system;
Easy Data Access
One significant gift that document archiving gives companies is the ability to access their data whenever and however they want. This has helped many businesses enhance their document management.
With the evolution of a company, its data load and records increase significantly. It gets pretty challenging to manage, localize, and track down the vital information anyone wants at that time.
Imagine having a highly integrated data management system to discover your data; data that can not be found in time is dark data; it adds no value to your organization, and yet you continue to pay to manage this data.
Low-cost, Long-term Storage
Who doesn’t want to enjoy long-term storage of their data at a low cost? It’s pretty impressive to see that by going for document archiving, you can save much more on data management and backup.
If you have years’ worth of data piled up on your computer systems, it will result in hectic data backups and waste lots of time, too. Having a good data archival system will reduce your data footprint by archiving inactive data for cheaper storage while keeping the active data in active storage. Best of all, the archived data continues to be accessible without any interruption to the users. Achieving lower storage costs, faster backups and restore, and overall better data management.
When companies go to government repositories to save up their data, it only allows them to place their data there for a limited time or have shared cloud spaces, making their data vulnerable. Using document and data archiving, you can store your data on secondary document archiving software for a long time without any hassle.
Hassle-Free Document Retrieval
There can be times when you might have to access your old documents for legal purposes but don’t need them anywhere else. Using good document archiving software will help you retrieve your documents without having to go through another department, e.g. if the files are archived in a closed system, then only designated personnel can access this data, hence adding complication and delays to accessing data.
By archiving data and documents, you can easily make your auditing process more accessible. This also ensures you keep all your documents easily retained during your company’s “retention period” You can also easily present documents during legal actions like business lawsuits.
Prevents Data Loss
The highest number of data breaches were seen in the US during 2021, leading to the loss of over 500 records. If your data gets exposed to malware and other cybercrimes, you can lose lots of important data. Using a file archiving solution, the data is archived even though still accessible; there is a layer of protection between the file server virtual stubs and the archive, which blocks the malware from reaching the archive, protecting your data in case of malware attacks.
Allows Restricted Access
Your documents contain all sorts of important and sensitive information. If these files are allowed to be accessed by anyone on your team, it can lead to security breaches for your company. When your company’s sensitive files are maintained in document archiving software, they are encrypted, preventing anyone outside the allowed personnel from retrieving them. Furthermore, files can be labelled private, blocking access to them except for designated persons.
This ensures the safety and security of all your documents. You can also make sure any of your client’s records, documents, and files are kept safe.
Reduce System Loadu
Finally, through document archiving, you can quickly reduce your system load. Over time, your clumped-up data can reduce the processing power of your company’s system. Using document archiving, you can save your files for a long time on cloud storage and also save on your system’s maintenance costs.
Reduced system load will, in turn, always enhance your users’ experience and reduce the risk of accidental deletion of important files due to user data or system corruption.
Bottom Line
We hope that we have convinced you about how vital document archiving is. You can now avail yourself of unique data and document archiving software to make sure all your business and legal documents are easily accessible, localized, available for the long term, and retained for a long time.
ShareArchiver is a fantastic document archiving software that helps you maintain your records and ensures that the prompt data management system remains intact. Get started now and implement the best data archiving practices for your platform.