The Howdy Glossary

MasterControl Documents is a document management software offering functionalities such as automating document routing for approvals, maintaining current versions, ensuring regulatory compliance, providing audit trails to monitor changes, and implementing security controls based on user roles. Created by MasterControl Inc., a company specializing in quality management and regulatory compliance software since 1993, it aims to streamline documentation processes within organizations. The software enhances efficiency by managing electronic documents in a centralized platform while upholding industry standards and company regulations.

Competitors in the document management space include DocuWare, M-Files, SharePoint, and DocStar. Although these competitors offer similar functionalities for organizing and tracking electronic documents with varying features and pricing models, MasterControl Documents distinguishes itself through its focus on compliance and regulatory requirements. It offers automated document routing through approval processes, audit trails for tracking changes over time to ensure accountability, and robust security controls that restrict access based on user roles. These specialized features make it a comprehensive solution tailored for industries with stringent compliance needs.

MasterControl's competitive advantages include its strong emphasis on compliance adherence which allows organizations to manage documents confidently while meeting industry standards. Automating the document review process ensures efficiency by maintaining the latest versions available for use. Audit trails enhance accountability while sophisticated security controls protect data through role-based access restrictions. Designed for diverse users such as quality managers, compliance officers, regulatory affairs teams, and employees involved in approval processes or maintaining document integrity; its user-friendly interface caters to various industries prioritizing streamlined document management alongside rigorous compliance requirements.