Documents play a large part in any business. It helps preserve key knowledge for everyone to access, facilitates better decision-making, reduces the chances of error, stimulates innovation and encourages a culture of constant learning.(Saving Time and Money in Documentation)
A good document-management system will help organize and streamline documents so that you can easily access them when required. This will keep you informed of any new developments and ensure all information in your documents are accurate.(Saving Time and Money in Documentation)
Formal documentation follows certain conventions and is standardised. This includes financial records such as employee reviews, contracts, and regulations.Informal documents are any type of records that do not follow formal guidelines. Emails, meeting notes and memos are all examples of informal documentation.(Saving Time and Money in Documentation)
A template can save you a lot of time when you are creating documents. Templates can be designed for a variety file types and formats including Word documents, spreadsheets and presentations.
The best template for a project is one that allows all parties to work together on a document at the same. This means that people can make changes to the document simultaneously, and that the resulting version history will show who made each change.
Keeping documents organized will save both you and your team time and money. It will ensure you have easy-to-access information and prevent rework, waste or wasting resources when a job is not completed properly or on time.
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