Document Usage Analytics: The Key to Identifying Process Bottlenecks
In this fast-paced world, businesses need to identify and rectify their process bottlenecks to remain competitive. A bottleneck in business is any point where the workflow slows down, and tasks take longer to complete. Process bottlenecks can occur in any business process, from sales and marketing to product development and customer service.
To identify and rectify process bottlenecks, businesses need to analyze their document usage analytics. Document usage analytics can provide valuable insights into how employees use documents, where they encounter bottlenecks, and how they can improve their workflows.
Document usage analytics can reveal the following three key benefits in identifying process bottlenecks:
1. Identify Productivity Roadblocks
Understanding which documents are accessed the most, how often they are edited, and how long they take to complete is essential in identifying productivity roadblocks. With document usage analytics, businesses can track employee tasks and workflows throughout the entire document life cycle, from creation to distribution to collaboration.
The data derived from document usage analysis can expose behaviors such as files being accessed or modified by a single employee with a long time gap between the next set of edits. This information can also highlight where documents get stuck and when revisions take longer than expected, allowing businesses to identify what is hindering the process.
With productivity roadblocks identified, businesses can focus on correcting the problem areas. This may include modifying the document's structure, assigning a different employee to work on it, or implementing a new workflow process.
2. Gain Insights into Employee Collaboration
Collaborative efforts are critical to the smooth functioning of most business processes. Collaboration allows team members to share their expertise, insights, and experience, leading to more informed decision-making and better outcomes.
Document usage analytics can provide businesses with an in-depth understanding of how employees collaborate and how often they work together on documents. Analytics dashboards can highlight the number of people working on each document, the roles of those involved, and the duration of the collaboration.
Businesses can use these insights to optimize the collaboration process and increase efficiency, such as enabling real-time collaboration tools, reducing redundant tasks, and optimizing communication.
3. Identify Compliance Risks
Non-compliance with regulatory requirements can have serious ramifications for businesses. Penalties for non-compliance can be high, and the reputational damage can be irreparable. Document usage analytics can help businesses identify compliance risks before they become a serious problem.
Analytics can identify whether employees are accessing or editing documents that contain sensitive information. This can include Personal Identifiable Information (PII), financial records, medical data, and other confidential or protected information. Document usage analysis can also highlight whether documents are password-protected, encrypted, or otherwise secured or if they are shared with unauthorized persons.
By identifying compliance risks, businesses can take corrective action by addressing the security gaps, implementing new access controls and policies, and making sure employees are adequately trained on compliance policies.
Conclusion
Document usage analytics is an essential tool for businesses looking to improve workflows, identify process bottlenecks, and increase productivity. Its benefits include identifying productivity roadblocks, gaining insights into employee collaboration, and identifying compliance risks. With the right data and analytical tools, businesses can acquire a detailed understanding of their document workflows. By using document usage analytics, businesses can optimize their workflows, improve employee collaboration, and ensure compliance with regulatory requirements.
Check out HelpRange
Check out our product HelpRange. It is designed to securely store (GDPR compliant), share, protect,
sell, e-sign and analyze usage of your documents.