Jamie Epstein for TechZone360 writes: Founded in 2001 and based just south of Salt Lake City, eFileCabinet has a pretty interesting story behind its initial debut. Back in 2001, the mastermind who developed the company
was and still is a practicing CPA who was getting tired of watching his
fellow high-priced CPAs walk back and forth in front of his office
pushing paper. He thought that there had to be a better way of being
able to quickly access data. After doing a little digging, he quickly
realized that while some programs did exist that could scan files
electronically and then store them either on a hard drive or in the
cloud, they were very expensive and cost-prohibitive. Thus, he decided
to bring together a couple of programmers and put together a rudimentary
program which started scanning the files and then storing them.
After
seeing his levels of both productivity and efficiency skyrocket, others
in his space started asking for a copy of the solution. In spite of the
fact that its founder didn’t set out to run a company and was simply
just looking to fill a need, the business now has more than 70,000 users
-- mostly based in the U.S. -- that leverage its three main products.
Currently, its target audience is mostly small- to
medium-sized businesses (SMBs) looking to go paperless in order to
become more efficient. Originally starting out in such verticals as
accounting, financial services and insurance, eFileCabinet is now selling its suite to just about anybody who has a file cabinet and is looking to manage their data electronically.
With both the original solution and its SaaS-based
sister version that can access key information in the cloud via an array
of mobile devices, there is still a segment of the country that is just
not comfortable putting all of their confidential data in the cloud.
Luckily for those users, eFileCabinet powers both on-premises and cloud
models. And if a client does ultimately decide to move to the cloud, the
company has a migration path in place for those folks as well.
According to Matt Peterson, eFileCabinet president and
CEO, the main benefits a company can see when leveraging eFileCabinet
are time, space and money. Peterson said, “People ask all the time who
our competitors are, and we don’t really have any direct ones because we
took a different spin on our offering than most. Our solution is much
more than just sharing files—it’s about managing and archiving them with a sharing component. It acts as a central repository and can be seamlessly integrated with Microsoft Outlook.”
Further, expenses related to continuously having to
buy tons of paper for any firm are reduced significantly and the time it
takes to find an important file in a pinch is also cut down.
With users keeping eFileCabinet opened all day on
their computer, “We look at that holistic approach as in your entire
business is based on data and information, and our goal is to help you
to capture and manage your data and then share it without any associated
complexity,” Peterson added.
Looking ahead, eFileCabinet predicts that desktop document management systems are headed to the cloud. “We are starting to get a lot of inquiries in regards
to people wishing to go paperless and simply manage their documents. Our
solution does just that and more; it allows them to be fully mobile,”
Peterson said. “For example, we have a lot of accountants within our
customer base and say they get a call from one of their clients who is
at a car dealership wishing to purchase a vehicle and first must present
the dealer with verification of income. Since in most cases this
individual won’t have the documentation needed to drive off in their new
set of wheels, the accountant can then tell them how to access it since
it is already stored in a shared drawer in the cloud. This 24/7
accessibility is particularly appealing to SMBs who are never off a
clock and have clients who demand a continuous stream of information.”
While the company currently has applications on both
iOS and Android platforms, it could soon be unveiling a product that can
be utilized by Windows Mobile devices. So be sure to keep on a close
eye on eFileCabinet.
Friday, April 26, 2013
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