Laserfiche vs. The Competition: Which Platform is Best for You?

Looking for an enterprise content management (ECM) solution but confused by the mix of options on the market? Before you can choose which platform is right for your organization, you’ll need to know how they stack up – and which offers the most benefits for the lowest investment. 

Laserfiche vs Hyland OnBase

There are plenty of fine options on the market for businesses large and small, but each platform has different use cases, limitations, and benefits to consider. Join us as we see how Laserfiche, an enterprise content management system built for teams focused on digitization, compares to other top options, including:

Meet Laserfiche, Your All-in-One ECM Platform

Laserfiche is the all-in-one ECM and process automation platform built to empower organizations to embark on a digital transformation. Say goodbye to mounds of paperwork, hours of tedious filing and scanning, and convoluted workflows. With Laserfiche, you can centralize everything your teams need to work efficiently – documents, contracts, forms, multimedia files, and more – in one secure repository. 

Unlike leading vendors, Laserfiche’s ECM platform doesn’t come with partial features, hidden costs, or complex licensing models. Let’s see what else Laserfiche brings to the table:

Why choose Laserfiche for your digital transformation?

Rounding Up the Competition

Laserfiche certainly isn’t the only process automation and content management solution out there. We’ve rounded up a list of some of Laserfiche’s top competitors based on tool capabilities, use cases, and target industries.

First, let’s cover the basics. Here’s a brief description of each competing platform that establishes its key goals:

SharePoint
A multifunctional content management tool that aims to help teams work collaboratively, effectively manage documents, and automate internal work processes.
Hyland OnBase
A robust content services platform built to allow users to efficiently organize, manage, and optimize their content and processes. Also focuses on effective case management.
DocuWare
A document management and workflow automation tool focused on helping users simplify work while simultaneously boosting productivity.
OpenText
An information management software built to enable teams to better manage data and transform their workflows. Excels in spaces like cybersecurity and enterprise data management.
Docupace
A financial service management solution that helps users transform how they manage their accounts, simplifies reporting, and improves data visibility.

Who Is Each Platform Best For?

On paper, each of these enterprise content management solutions sounds fairly similar. While some have distinct traits that set them apart, others seem virtually indistinguishable. Still, the design, price, limitations, and unique benefits of each make it best suited to a handful of specific industries.

Laserfiche is a top choice for banks and credit unions, financial services, educational institutions, and government offices, among other industries. Here’s a closer look at how Laserfiche’s use cases compare to those of other tools on the market:

What Makes Laserfiche Stand Out from the Crowd?

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Low-Code/No-Code Automation

Enable any department to build or update custom workflows with minimal IT overhead.

Regulatory Compliance

Laserfiche is built for heavily regulated industries like finance, healthcare, and government, with SEC 17a-4, FINRA, HIPAA, and GDPR capabilities out of the box

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Unified Cloud or On-Prem Options

Deploy Laserfiche Cloud or on-premises without sacrificing features. Scale whenever you’re ready.

AI-Powered Document Capture & Processing

Drastically reduce manual data entry, route documents automatically, and retrieve info in seconds.

Transparent Pricing

Choose from a straightforward subscription or perpetual models that include core ECM, automation, and data capture – no hidden modules here.
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Cohesive ECM Platform

Create a centralized repository of information and materials your teams need to do their jobs effectively – no more hopping between different platforms.

Which Platform is Best for Enterprise Content Management?

Laserfiche has the robust content management, automation, and compliance capabilities your organization needs to balance growing demands with finite resources. But is it the only platform that ticks the right boxes?

SharePoint

If you’re looking for a highly accessible tool that supports basic content management, SharePoint might be a good fit.

However, the tool lacks the built-in compliance and robust workflow management that enterprise organizations need to securely automate processes. SharePoint might be a good place to start, but it doesn’t offer the scalability of a tool like Laserfiche.

If you like SharePoint’s

You’ll love Laserfiche’s

Hyland OnBase

OnBase is often regarded as one of the most complicated ECM platforms available. It offers a range of additional modules that allow teams to build an infrastructure that meets their needs.

However, those modules come with additional costs. Plus, OnBase’s fragmented cloud solution means that it doesn’t automatically create a centralized repository for content like Laserfiche does.

If you like Hyland OnBase’s

You’ll love Laserfiche’s

DocuWare

DocuWare is a fine choice for teams hoping to automate processes and switch from paperwork to digital work. It uses add-on modules to beef up its features list, which does grant a certain degree of customizability. Laserfiche’s AI capabilities are more advanced than DocuWare’s, though, and the platform uses all-in-one subscriptions to grant users access to all tools at once.

If you like DocuWare’s

You’ll love Laserfiche’s

OpenText

Built for data management and reporting, OpenText is a great option for teams focused on analytics and crunching numbers. However, it falls short for comprehensive content management and widespread process automation.

If you like OpenText’s

You’ll love Laserfiche’s

Docupace

For financial advisors and wealth management firms, few tools climb to the top of the list quite like Docupace. The platform’s compliance assurances make it appear to be an ideal choice for highly regulated industries, but it still falls short compared to Laserfiche’s built-in full compliance.

Docupace’s platform is also known to be a bit clunky and outdated. Its main claim to fame is its support for financial service management, but Laserfiche can serve this industry, too. 

If you like Docupace’s

You’ll love Laserfiche’s

See How Laserfiche Compares with a Personalized Demo

There are many tools available that can help organizations tackle digitization, automate business processes, and improve productivity. The best tool for you, then, will be the one that meets the most needs with the fewest downsides.

It’s also considering cost versus reward; if you have to spend a small fortune on add-on modules or surprise fees, you may find it difficult to achieve a promising ROI from your software.

It’s time to stop settling for partial solutions or “tools” that nickel-and-dime you with hidden costs. Say hello to Laserfiche, the trusted ECM leader that combines ease of use, deep functionality, and unparalleled ROI.

Request your customized demo with CDP to see how Laserfiche can drive rapid digital transformation for your entire organization. We’ll