August 06, 2021

A Cost/Benefit Comparison of SharePoint vs Xerox Document Management Platforms in Madison

If you are looking for Document Management tools for your firm, Xerox and SharePoint are two choices that might have come up. But how are you assessing your options?

In our over 20 years of experience helping to implement innovative and potent platforms that ameliorate workflows and boost cooperation, we've found that clients are most apprehensive about the total cost of implementation (TCO).

However, beyond that, they're also assessing capability, supplier reliability, and user feedback.

Therefore, in this post, we're going to evaluate Xerox DocuShare and Microsoft SharePoint alongside each other.

We'll take a look at costs, functionality, and client feedback from a number of the most renowned solution review sites. But first, let's explore the gains of document management software.

The Advantages of Document Management Solutions

A document management system could help you boost efficiency, augment teamwork, and enhance security for those industries that supervise sensitive information, like healthcare, government, and the financial field. Let us take a closer look at these advantages.

  • Digital arrangements are less expensive

  • Centralized document database

  • Amplified proficiency and output for your teams

  • Strengthened protection for your confidential files and information

  • Improved regulatory compliance

Now that we have discussed the gains of document management tools, let's start our program evaluation with a brief introduction to each of these products.

Microsoft SharePoint vs Xerox DocuShare Comparison

Introduction

Microsoft SharePoint is a cloud-hosted, SaaS collaboration platform that supplies a document management and storage system and integrates smoothly with Microsoft Office tools like Excel.

Organizations of different sizes could also extend SharePoint Online's capacity to incorporate workflow automation via the employment of Microsoft PowerApps' Power Automate program.

Automation capabilities involve Optical Character Recognition (OCR), artificial intelligence, and machine learning to gather information from scanned documents and searchable PDFs.

Xerox DocuShare is an ECM that enables users to create, transfer, and administer content while conveniently incorporating other organizational solutions, and growing tailor-made software tools.

While considered an ECM, Xerox DocuShare can be implemented in small firms and SMB's as well to simplify organizational workflows and simplify document management.

It must also be noted that Xerox DocuShare can be programmed to deliver workflow automation capabilities.

Pricing

When evaluating the total cost of ownership (TCO) for a document management software, we want to include a number of elements like:

  • Licensing

  • Subscription Fees

  • Onboarding and Training

  • Business Needs Customizations

  • Maintenance and Support

Pricing for Xerox DocuShare starts at $1,500 per license and Microsoft SharePoint's pricing starts at $5 per user/month. Even though there is a significant variation, we need to further understand the capabilities offered before deciding.

Furthermore, let's take a look at how Xerox and SharePoint compare in terms of functionalities.

Features

Like any company program, it’s critical that you thoroughly examine functionality as part of your screening process. Frequently, software categories comprise of choices that differ greatly in their functionalities and proficiencies.

The tool you eventually choose must give a positive user experience, sustain your business proceedings and duties, and supply greater insight into your operations. They should also contain the features that matter most to your organization.

In this regard, let's go over Xerox DocuShare vs Microsoft SharePoint features specific to document management.



Microsoft SharePoint

Xerox DocuShare

Pricing

Starts at $5 per user/month

Starts at $1,500 per license

Platforms

Desktop, Mobile, Cloud

Desktop and Mobile

Training

Phone and Knowledge Base

Phone

Features

Ad-Hoc Analysis

Ad-Hoc Reporting

Automatic Scheduled

Document Sharing & Routing Reporting

Customizable Dashboard

Customizable Features

Dashboarding

Forecasting & Budgeting

Graphic Benchmark

Multi-Language

OLAP

API Availability

Custom User Interface

Mobile Access

Collaboration Center

Report Viewing


Access Controls

Archiving and Retention

Automated Version Control

Collaboration Management

Compliant With HIPAA

Compliant With ISO

Compliant with SEC

Compliant With SOX

Custom User Interface

Document Sharing & Routing

Check-In/Check-Out

Document Encryption

Document Indexing

Document Publishing

Document Tagging

Document Versioning

Edits Tracking

Full-Text Searching

Mobile Access

Remote Document Access

Search by Metadata

Text Editing

User Access Controls

Version Rollback

Customer Reviews

One more important aspect when weighing document management tools is customer reviews. Let's go over a few reviews from a number of the most well-known solution review sites.


Microsoft SharePoint

Xerox DocuShare

G2

4 out of 5 stars

4 out of 5 stars

Software Advice

4 out of 5 stars

4 out of 5 stars

TrustRadius

7.9 out of 10 stars

7.4 out of 10 stars

Uncertain about which document management system is ideal for you in Madison? Wave can help!

Holding a competitive advantage in today's fluctuating business economy can be complicated. By streamlining your business workflows to improve competence and eliminate inefficiencies, you can ensure your organization has the best chance to forge ahead of your competitors.

To achieve this, your business must be meticulous to pick the proper solutions that will help you maximize your assets and meet your strategic expansion objectives.

This isn't always simple for an organization just getting underway with back-office transformation or intelligent information management initiatives.

At Wave, we can help by examining the essential elements of your business and with step-by-step digital conversion and organizational process automation, enhance them.

We utilize a hybrid toolset tailored to your company requirements to automate your tedious company processes around gathering, arranging, and filing data so it is easy to locate and use wherever, whenever.

We can help you to custom-tailor your document management tool to meet your organization’s individual needs and we willingly collaborate with over 60 industry-accepted ECM and DMS tools.

If you are ready to learn more, contact us today and we can set up a time to chat.