Document management software (a DMS) stores, organises, secures and tracks an organisation’s documents through their whole life: capture, editing, approval, sharing, retention and eventual disposal. Unlike a shared drive, a DMS keeps every version, controls who can see each file, records every action in an audit trail, and makes documents findable by content and metadata, not just by folder.
So, what is the best document management software? It depends on where your documents live today and who must control them. Microsoft 365 organisations often start with SharePoint. Law firms choose between iManage and NetDocuments. Regulated and public-sector bodies frequently need an on-premise option. Small teams want something simple and cheap. Below we compare 14 tools across all of those needs.
File sharing | Document management | Records management | |
Main job | Store and share files | Control documents while they are in use | Keep official records for a defined period |
Versioning | Basic | Full history, check-in and check-out | Locked final versions |
Workflow | Rare | Reviews and approvals | Retention, legal hold and disposal |
Typical tools | Dropbox, Google Drive | M-Files, Laserfiche, SharePoint | OpenText, Hyland, Laserfiche records modules |
Criterion | Weight | What we looked at |
Document capability | 30% | Versioning, metadata, search, workflow, capture and OCR |
25% | Permissions, audit trails, retention, cloud and on-premise options | |
Integrations | 15% | Microsoft 365, email, ERP and CRM, e-signature |
Usability | 15% | Ease of filing and finding documents, adoption by non-specialists |
Pricing transparency | 15% | Whether pricing is published, and how it scales |
Tool | Best for | Deployment | On-premise option | Starting price (as published) |
Microsoft SharePoint | Microsoft 365 organisations | Cloud or server | Yes (SharePoint Server) | Included in Microsoft 365 plans |
M-Files | Metadata-driven filing | Cloud, on-premise or hybrid | Yes [VERIFY] | Quote |
OpenText Content Management | Large, regulated enterprises | Cloud or on-premise | Yes | Quote |
Box | Secure external collaboration | Cloud | No | Per user |
Laserfiche | Process automation and records | Cloud or self-hosted | Yes [VERIFY] | Quote |
DocuWare | Invoice and HR document workflows | Cloud or on-premise | Yes [VERIFY] | Quote |
Hyland OnBase | Healthcare, insurance and government | Cloud or on-premise | Yes | Quote |
Hyland Alfresco | Open-standards enterprise content | Cloud or self-hosted | Yes | Community edition free; enterprise quoted |
iManage | Law and professional services firms | Cloud or on-premise | Yes | Quote |
NetDocuments | Cloud-first law firms | Cloud (eDOCS on-premise) | Via eDOCS | Quote |
Revver | Small and mid-size businesses | Cloud | No | Quote |
Nuxeo (Hyland) | Developers building content apps | Cloud | Limited | Quote |
Paperless-ngx | Free self-hosted scanning and archiving | Self-hosted | Yes | Free (open source) |
Mayan EDMS | Free self-hosted DMS with workflows | Self-hosted | Yes | Free (open source) |
Best for: organisations already standardised on Microsoft 365.
SharePoint is the default document platform for most Microsoft 365 customers. Document libraries provide versioning, check-in and check-out, metadata columns, retention labels and permissions inherited from Entra ID, and files can be edited in Office apps with co-authoring. SharePoint Server Subscription Edition remains available for organisations that must host on-premise.
Key features
Deployment: cloud (Microsoft 365) or on-premise (SharePoint Server Subscription Edition).
Pricing: included in most Microsoft 365 business and enterprise plans.
Pros
Cons
Not for: organisations outside the Microsoft ecosystem.
Best for: organisations that want to file documents by what they are, not where they are saved.
M-Files organises content by metadata instead of folders, so a contract can be found by client, date or status regardless of where it is stored. Its connectors can also index content left in other repositories such as network drives and SharePoint. Workflows, version control and AI-assisted classification are built in, and M-Files has acquired Ment, a no-code document automation company.
Key features
Deployment: cloud, on-premise or hybrid [VERIFY current on-premise availability].
Pricing: on request.
Pros
Cons
Not for: teams that just want a simple shared drive.
Best for: large, regulated enterprises with complex records requirements.
OpenText is one of the largest enterprise content management vendors, with deep records management, archiving and integration with systems such as SAP and Microsoft 365. It is common in government, utilities and heavily regulated industries. In January 2026 OpenText sold its eDOCS legal DMS to NetDocuments as part of a focus on its core platforms.
Key features
Deployment: cloud or on-premise.
Pricing: on request.
Pros
Cons
Not for: small and mid-size businesses.
Best for: organisations that share documents heavily with partners and clients.
Box is a cloud content platform with strong external sharing controls, version history, retention and governance add-ons, and integrations with over a thousand business apps. Box Shield adds classification-based security, and Box AI can summarise and answer questions about documents.
Key features
Deployment: cloud only.
Pricing: per user per month by plan [VERIFY current Business pricing].
Pros
Cons
Not for: organisations that must keep documents on their own servers.
Best for: organisations that want document management combined with process automation.
Laserfiche combines capture, document management, records management and a strong workflow and forms engine. Public sector bodies, education and finance teams use it to digitise paper-heavy processes such as applications, approvals and invoices.
Key features
Deployment: cloud or self-hosted
Pricing: on request.
Pros
Cons
Not for: teams that only need simple file storage.
Best for: finance and HR teams digitising invoices, employee files and approvals.
DocuWare focuses on document-driven workflows, with intelligent indexing that extracts data from invoices and forms, approval routing and secure archiving. Prebuilt solutions cover accounts payable and HR document management.
Key features
Deployment: cloud or on-premise [VERIFY].
Pricing: on request.
Pros
Cons
Not for: large enterprises needing complex records schemes.
Best for: healthcare, insurance, banking and government organisations.
OnBase is Hyland’s enterprise content platform, with case management, workflow, capture and records management on a low-code base. It is especially common in hospitals, where it integrates with electronic health records, and in insurance and public administration.
Key features
Deployment: cloud or on-premise.
Pricing: on request.
Pros
Cons
Not for: small businesses.
Best for: organisations that want an open-standards content platform they can host themselves.
Alfresco is an open-core content services platform, now owned by Hyland. It offers document and records management, workflow and APIs, and can run in your own data centre or cloud. A free Community Edition exists alongside the supported Enterprise Edition.
Key features
Deployment: self-hosted or cloud.
Pricing: Community Edition free; Enterprise Edition on request.
Pros
Cons
Not for: teams without in-house technical skills.
Best for: law firms, accounting firms and corporate legal departments.
iManage Work is the leading DMS for law firms, organising documents and emails by client and matter, with strict security walls, email filing from Outlook and strong search. It is available in the cloud or on-premise.
Key features
Deployment: cloud (iManage Cloud) or on-premise.
Pricing: on request.
Pros
Cons
Not for: organisations outside legal and professional services.
Best for: law firms and legal departments that want a cloud-native DMS.
NetDocuments is a cloud-native DMS for legal work, with matter-centric organisation, Microsoft 365 integration and AI features. In January 2026 it completed its acquisition of OpenText’s eDOCS for $163 million, and says it will keep supporting on-premise eDOCS customers while building tools to migrate them to the cloud.
Key features
Deployment: cloud; on-premise for existing eDOCS customers.
Pricing: on request.
Pros
Cons
Not for: non-legal organisations.
Best for: small and mid-size businesses that want simple, secure document storage.
Revver, formerly eFileCabinet, offers cloud document management with automated filing templates, workflows, e-signature and client portals. It is designed to be set up without IT specialists.
Key features
Deployment: cloud.
Pricing: on request.
Pros
Cons
Not for: complex, global organisations.
Best for: development teams building custom content applications.
Nuxeo is a cloud-native content services platform, owned by Hyland, designed for building content-heavy applications such as digital asset management and case files. It offers flexible data models, APIs and AI enrichment.
Key features
Deployment: cloud.
Pricing: on request.
Pros
Cons
Not for: teams that want a ready-made product.
Best for: small organisations that want a free, self-hosted archive for scanned documents.
Paperless-ngx is a popular open-source document archive. It ingests scanned files and PDFs, runs OCR, applies tags and correspondents automatically using rules and machine learning, and makes everything full-text searchable.
Key features
Deployment: self-hosted.
Pricing: free and open source.
Pros
Cons
Not for: organisations that need approvals and records management.
Best for: teams that want a free, self-hosted DMS with workflows.
Mayan EDMS is an open-source electronic document management system with OCR, metadata, workflows, access control lists and versioning. It is more structured than simple archives and suits teams that need basic process control on their own servers.
Key features
Deployment: self-hosted.
Pricing: free and open source.
Pros
Cons
Not for: teams without Linux and Docker experience.
If documents must stay on infrastructure you control, for data sovereignty, classification or contractual reasons, these options support on-premise or self-hosted deployment:
Tool | Self-hosted option | Notes |
SharePoint Server | Yes | Subscription Edition for Microsoft-centric organisations |
OpenText | Yes | Common in government and utilities |
Hyland OnBase and Alfresco | Yes | Alfresco also has a free Community Edition |
iManage | Yes | Legal and professional services |
M-Files, Laserfiche, DocuWare | Yes [VERIFY current availability] | Check whether on-premise is still offered to new customers |
Paperless-ngx, Mayan EDMS | Yes | Free and open source |
Self-hosting gives you control over location, encryption keys and access, but you also take on patching, back-ups and availability.
Sector | Strong candidates | Why |
Legal | iManage, NetDocuments | Matter-centric filing, email management, ethical walls |
Finance and accounting | DocuWare, Laserfiche, Revver | Invoice workflows, client portals, retention |
Government | OpenText, Laserfiche, SharePoint Server, Hyland | Records schedules, on-premise options, audit trails |
Healthcare | Hyland OnBase | EHR integration |
Construction and engineering | M-Files, SharePoint | Metadata, drawings and project documents |
A DMS controls documents once they are filed. The weak point is often what happens next: someone downloads a confidential file and drops it into a chat thread so a colleague can look quickly. The copy now sits outside the DMS, with none of its permissions, versioning or audit trail, and often on a third-party cloud.
Two habits close that gap. First, share links to the DMS record rather than file copies. Second, make sure the chat tool itself meets the same standard as the DMS. A self-hosted messaging platform such as Troop Messenger, deployed on-premise, keeps files shared in conversation on your own servers, with admin controls over who can share and download them. For more on this, see our guide to secure file sharing tools.
It depends on your environment. SharePoint suits Microsoft 365 organisations, M-Files suits teams that want metadata-driven filing, iManage and NetDocuments lead in legal, DocuWare and Laserfiche are strong for finance and process automation, and OpenText and Hyland suit large regulated enterprises. Paperless-ngx is a good free self-hosted option.
Yes. SharePoint, included in most Microsoft 365 plans, provides document libraries with versioning, metadata, permissions and retention labels, and OneDrive and Teams store their files in it. Many organisations use it as their DMS, sometimes adding specialist tools for legal, records or workflow-heavy needs.
Document management controls documents while they are being created, edited and shared, with versioning and workflows. Records management governs final, official records: how long they must be kept, legal holds, and secure disposal. Many DMS platforms include records features, but regulated organisations should check them carefully.
Most large law firms use iManage or NetDocuments, which organise documents and emails by client and matter and enforce ethical walls. Smaller firms also use practice management systems with built-in document storage, or general platforms such as SharePoint with legal add-ons.
Yes. SharePoint Server, OpenText, Hyland OnBase and Alfresco, and iManage all offer on-premise deployment, and open-source tools such as Paperless-ngx and Mayan EDMS are self-hosted by design. Check with M-Files, Laserfiche and DocuWare whether on-premise is still offered to new customers.
