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What is document workflow management?

Nanonets

Improved Regulatory Compliance: Compliance requirements can be complex, but document workflow management reduces the risk of non-compliance. Automated records retention schedules and easier classification and storage of documents help meet strict security and privacy guidelines.

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Best OCR and PDF Data Extraction Integrations for OneDrive in 2023

Nanonets

By digitizing documents through OCR, an audit trail is created, making it easier to demonstrate compliance with records retention laws. Additionally, extracting specific data such as dates, signatures, or specific clauses from these documents can aid in ensuring legal and regulatory compliance.