What are the main differences between SharePoint and FileStore EDM?
While both SharePoint and FileStore provide excellent enterprise content management solutions there are differences. The right document management software for you could be FileStore EDM, SharePoint or perhaps both products integrated and working together depending on your organisations requirements.
FileStore EDM provides superb document management value with lower professional services requirements and better compliance and audit trail functions. FileStore EDM also provides better records management and static archives.
SharePoint is better for collaboration and obviously integrates easily with MS Office. It is also better for dynamic collaborative working on electronic files.
If costs are a factor then you will need to take into account that although both products have similar licence costs SharePoint systems typically take longer with higher professional service costs to implement.
Where your business requirements are more aligned to a record management function which requires strong compliance and traceability functions then FileStore EDM may be the right document management software for your organisation.
If you require more collaborative functionality and rich feature set integration with MS Office for document production then SharePoint may be the right document management choice.
To gain the best out of both systems you can have FileStore implemented as a set of integrated add-on modules to SharePoint, which strengthens SharePoint's functionality in compliance, records management and workflow.
The table below summarises the differences between both document management solutions:
|
|
FileStore EDM |
SharePoint |
|
Speed of implementation |
Fast |
Slow |
|
Licence costs |
Moderate |
Moderate |
|
Amount of pro-services |
Low |
High |
|
Collaborative functions |
Few |
Rich set |
|
Web portal functions |
Few |
Rich set |
|
Compliance & audit features |
Strong |
Weak |
DCS have experience in the implementation of both document management systems and we can independently advise you on which product set would be best suited for your own specific requirements.
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Transport, copying and filing costs are all greatly
reduced.

Reduces many admin based document processing costs by 50%.

Allows workload to be spread across offices or even
offshore partners as documents are available anywhere. Without digitising paper
documents this could not happen.

Audit trails are automatically kept giving better
business compliance.

Previously untraceable and unmanageable paper based
processes can be automated with greatly improved visibility.

Improves security of information compared to old
fashioned paper filing and processing methods.
The Kofax information capture platform is the only one
with the breadth to cover paper, fax, MFD, email, e-documents and SMS/Telecom
methods all in one integrated solution.

Manual filing processes are eliminated.

Mailroom distribution is made faster with reduced errors and losses.