In 2020, the pandemic shifted digital transformation into overdrive. Businesses in almost every sector accelerated the adoption of digital tools and cloud-based solutions to remotely connect employees and continue to serve customers.
Today, many organizations have returned to in-person workplaces or adopted a hybrid work model, but they continue to rely on digitization to maintain efficiency, connect teams, manage documents, and automate workflows.
In this article, we explore five key ways digitization is transforming the workplace and ways to ensure you use the right tools to stay competitive and efficient in a rapidly changing digital environment.
5 impacts of digitization on the modern workplace
Digitization is now so ingrained in the workplace that many of us take the benefits for granted. Although this list isn't exhaustive, we'll focus on five key areas in which digitization and digital tools make a significant difference.
1. Efficiency
Incorporating digital tools into daily operations allows businesses to drastically improve process efficiency and employee productivity. When employees spend less time on administrative or repetitive tasks, they have more time to focus on strategic initiatives that drive growth.
For example, integrated eSign software keeps business processes flowing by eliminating the need to sign, scan, and mail documents in need of a signature.
Some eSign solutions make these processes extra efficient by allowing users to draft contracts and agreements, insert signature fields, request signatures, and send documents all within Microsoft Word and Outlook.
2. Communication and collaboration
Digitization has created a more connected work environment by transforming how teams interact, share information, and collaborate across platforms and business systems.
PDF editing software is one of the foundational tools driving improved collaboration. This technology allows teams to convert Excel spreadsheets, PowerPoint presentations, and Word documents into searchable, editable PDFs.
By transforming documents into a universally accessible format, businesses ensure team members can easily share, review, and collaborate on important files.
Collaboration platforms such as Slack, Microsoft Teams, and Asana have significantly changed how businesses work by bringing disparate communication methods—chat, video, and file sharing—into one centralized space.
This integration helps break down silos within organizations and enables teams to collaborate effectively both internally and with external clients and vendors.
3. Accessibility
Cloud storage solutions such as SharePoint, OneDrive, Google Drive, and Dropbox are essential for keeping the workforce connected. These platforms allow business-critical files—such as contracts, financial reports, and other documents employees need to do their jobs—to be stored online and accessed securely from anywhere.
Consider this real-world use case: A legal team needs to finalize a contract involving multiple stakeholders. Using eSign and PDF editing software integrated with cloud storage solutions such as SharePoint or Google Drive, the legal team can easily convert the contract into an editable PDF, make necessary revisions, and share it digitally.
Each stakeholder can access the document from their location, review the changes, and sign the contract electronically. The signed document is then automatically saved back into the cloud storage, ensuring that all versions are securely stored and accessible to everyone.
4. Document management
Digitization has dramatically transformed document management processes. Here are a few examples of tools that streamline document workflows, enhance accessibility, and ensure that critical information is always up-to-date and easily retrievable.
● Electronic document management system (EDMS): An EDMS digitizes and organizes documents, reducing reliance on physical storage and enabling easy access to important files.
● Digital contracts: eSign software eliminates the need for contracts to be printed, signed, scanned, and sometimes even mailed. Shifting to electronic signatures reduces turnaround times and provides a more secure and trackable way to manage contracts.
● Optical character recognition (OCR): OCR technology converts scanned documents and images into editable and searchable text, allowing businesses to seamlessly integrate large volumes of documents—such as invoices, receipts, or legal paperwork—into their EDMS.
● Version control systems: These tools maintain a history of document revisions that allows users to view previous versions, compare changes, and revert to earlier iterations if necessary. This provides a clear audit trail, which is essential in highly regulated industries where accuracy and compliance are critical.
5. Security and compliance
Digitization introduces both opportunities and challenges in protecting sensitive data and ensuring that business processes and tools adhere to global regulatory requirements.
Audit trails: As mentioned above, audit trails provide a detailed record of who accessed what files and when—from document creation to final signature. This visibility helps maintain compliance with global regulations, such as GDPR, eIDAS, PECR, HIPAA, and ETA, and provides valuable information for forensic analysis in the event of a security breach.
Data encryption: Encryption tools encode data so it is only accessible to users with the correct decryption key. This ensures that confidential information remains unreadable and secure if contracts or financial statements are intercepted during transmission or accessed without permission.
Multi-factor authentication (MFA): MFA requires users to provide two or more forms of verification before gaining access to sensitive systems or data. This typically includes:
● Something they know (a password)
● Something they have (a security token)
● Something they are (a fingerprint or facial recognition)
MFA significantly reduces the risk of unauthorized access, even if a user’s credentials are compromised.
Digitization is now a business imperative
Digitization is non-negotiable for businesses that want to maintain a competitive edge. Adopting the right digital solutions can transform how businesses operate, making them more agile, efficient, and secure. By carefully selecting and integrating these tools, you can help ensure your organization is well-equipped to thrive in a digital-first world.
Check out our on-demand webinar, Expert Insights: How to Keep Digital Transactions Secure and Compliant, to learn how to maintain security and compliance in a rapidly evolving digital business environment.