It is imperative for all businesses to have a document management system to file, store and monitor all paper and electronic documentation. A good system should flawlessly merge with the current system and should also have the ability to control access permissions and security. The system basically provides security, metadata, versioning, storage, distribution, retrieval and indexing capabilities. Multiple versions of the document can be created and you can even keep track of users who have edited or viewed a document. Document management solutions storage includes document information like the location stored, period of storage; changes made to the document etc.