OUTSOURCING DOCUMENT MANAGEMENT SYSTEM/APPLICATION AS KEY FACTOR FOR COMPLIANT PROCESS IMPLEMENTATION AND INCREASING MANAGEMENT EFFICIENCY

Abstract

Today, in knowledge and information technology era, the world’s businesses, both large and small, are increasingly seeking to useinformation technologies – especially information systems. There are implemented and maintained several of information systems:resource view based, customer orientated, document exchange information systems and universal ones, as opposed to specialized,and contains a lot more functionality offer. Information systems are implemented to ensure the core business functionality by automatingcertain processes, providing benefits such as business process transparency, arrangement and actualization. By the use ofinformation systems certain services became popular, which are related with the established information system maintenance – theongoing process of auditing, risk identification and management, and compliance regulations, laws, standards and guidelines. Suchcompliance is essential for the better functioning of information systems and aligns its activities. This article explores a theory of IToutsourcing and IT Compliance definition to give an idea of the need for it, and point to the benefits organizations can in carrying outthese processes – system dynamics modeling research method was used in following research.KEYWORDS: IT Compliance, Outsourcing, Business Efficiency, Electronic Documents Management Systems.