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Top 10 Best Document And Records Management Software of 2026

Discover the top 10 document and records management software solutions to streamline organization. Compare features and choose the best fit – start optimizing today!

Rajesh Patel

Rajesh Patel

Feb 11, 2026

10 tools comparedExpert reviewed
Independent evaluation · Unbiased commentary · Updated regularly
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Effective document and records management is essential for organizations to maintain efficiency, protect critical data, and meet compliance standards. With a range of tools—from enterprise-scale platforms to user-friendly cloud solutions—choosing the right software can transform how businesses organize, secure, and access information. Below, we highlight the top 10 options to guide your selection.

Quick Overview

  1. 1#1: OpenText Documentum - Enterprise-grade content management platform for secure document capture, management, retention, and compliance across the records lifecycle.
  2. 2#2: Microsoft SharePoint - Integrated document and records management system with collaboration, versioning, metadata, and compliance features within Microsoft 365.
  3. 3#3: Hyland OnBase - Unified enterprise content platform for capturing, processing, managing, and archiving documents and records with strong compliance controls.
  4. 4#4: IBM FileNet Content Manager - Scalable content services platform offering advanced document management, records retention, search, and workflow automation for enterprises.
  5. 5#5: Laserfiche - Intelligent content management solution with document imaging, workflow automation, records management, and audit trails.
  6. 6#6: M-Files - Metadata-driven document management system that organizes files by properties rather than folders for efficient search and security.
  7. 7#7: DocuWare - Cloud document management software for digitizing, automating workflows, and ensuring compliance with intelligent indexing and storage.
  8. 8#8: Alfresco Content Services - Open-source enterprise content management platform supporting document repositories, records management, and process automation.
  9. 9#9: Box - Secure cloud content platform with governance, retention policies, e-signature, and collaboration for document and records management.
  10. 10#10: Egnyte - Content intelligence platform providing secure file sharing, governance, compliance, and automated records management for hybrid environments.

Tools were ranked based on key factors including feature depth (capture, retention, compliance, automation), usability, scalability, and value, ensuring a balanced mix of cutting-edge functionality and practicality.

Comparison Table

Efficiently managing documents and records is key to streamlining workflows, ensuring compliance, and boosting collaboration. This comparison table details leading tools—including OpenText Documentum, Microsoft SharePoint, Hyland OnBase, IBM FileNet Content Manager, Laserfiche, and more—to help readers find the best fit for their organizational needs.

Enterprise-grade content management platform for secure document capture, management, retention, and compliance across the records lifecycle.

Features
9.7/10
Ease
7.8/10
Value
8.9/10

Integrated document and records management system with collaboration, versioning, metadata, and compliance features within Microsoft 365.

Features
9.7/10
Ease
7.8/10
Value
9.0/10

Unified enterprise content platform for capturing, processing, managing, and archiving documents and records with strong compliance controls.

Features
9.4/10
Ease
7.6/10
Value
8.1/10

Scalable content services platform offering advanced document management, records retention, search, and workflow automation for enterprises.

Features
9.2/10
Ease
6.7/10
Value
7.8/10
5Laserfiche logo8.4/10

Intelligent content management solution with document imaging, workflow automation, records management, and audit trails.

Features
9.2/10
Ease
7.6/10
Value
8.0/10
6M-Files logo8.7/10

Metadata-driven document management system that organizes files by properties rather than folders for efficient search and security.

Features
9.2/10
Ease
7.8/10
Value
8.0/10
7DocuWare logo8.4/10

Cloud document management software for digitizing, automating workflows, and ensuring compliance with intelligent indexing and storage.

Features
9.1/10
Ease
7.8/10
Value
8.0/10

Open-source enterprise content management platform supporting document repositories, records management, and process automation.

Features
9.1/10
Ease
7.6/10
Value
8.0/10
9Box logo8.5/10

Secure cloud content platform with governance, retention policies, e-signature, and collaboration for document and records management.

Features
8.8/10
Ease
9.0/10
Value
8.0/10
10Egnyte logo8.4/10

Content intelligence platform providing secure file sharing, governance, compliance, and automated records management for hybrid environments.

Features
8.8/10
Ease
8.2/10
Value
7.9/10
1
OpenText Documentum logo

OpenText Documentum

enterprise

Enterprise-grade content management platform for secure document capture, management, retention, and compliance across the records lifecycle.

Overall Rating9.4/10
Features
9.7/10
Ease of Use
7.8/10
Value
8.9/10
Standout Feature

Advanced Records Management with automated lifecycle policies, legal holds, and tamper-proof audit trails certified for compliance standards like DoD 5015.2

OpenText Documentum is a leading enterprise content management platform specializing in document and records management, offering robust capabilities for capturing, storing, managing, and archiving content across complex organizations. It excels in compliance-heavy environments with advanced features like automated retention policies, audit trails, and secure collaboration tools. Designed for scalability, it supports massive volumes of documents while integrating seamlessly with business processes and third-party systems.

Pros

  • Exceptional compliance and records retention management with granular policies and defensible disposition
  • Highly scalable architecture handling petabyte-scale repositories for global enterprises
  • Advanced AI-driven automation for classification, redaction, and content analytics

Cons

  • Steep learning curve and complex initial setup requiring specialized expertise
  • High implementation and licensing costs unsuitable for small businesses
  • User interface can feel dated compared to modern cloud-native alternatives

Best For

Large enterprises in regulated industries like pharmaceuticals, government, and finance needing ironclad records governance and long-term archiving.

Pricing

Enterprise licensing with custom pricing; typically starts at $100+ per user/month plus implementation fees, often quoted annually based on volume and modules.

2
Microsoft SharePoint logo

Microsoft SharePoint

enterprise

Integrated document and records management system with collaboration, versioning, metadata, and compliance features within Microsoft 365.

Overall Rating9.2/10
Features
9.7/10
Ease of Use
7.8/10
Value
9.0/10
Standout Feature

In-place records management with retention labels and holds, enabling governance without moving files from active libraries

Microsoft SharePoint is a robust enterprise platform for document and records management, allowing secure storage, organization, collaboration, and governance of files within document libraries. It provides advanced features like version history, metadata-driven classification, automated workflows via Power Automate, and compliance tools including retention policies, eDiscovery, and records holds. Seamlessly integrated with Microsoft 365, it supports both cloud-based (SharePoint Online) and on-premises deployments for scalable records management.

Pros

  • Enterprise-grade compliance and retention policies with in-place records management
  • Powerful metadata, search, and AI-driven features like Microsoft Syntex for content processing
  • Deep integration with Microsoft 365 apps for seamless collaboration and automation

Cons

  • Steep learning curve for advanced customization and administration
  • Overly complex for small teams or simple use cases
  • Higher costs for full feature access in premium enterprise plans

Best For

Large enterprises and organizations within the Microsoft ecosystem needing comprehensive, compliant document and records management at scale.

Pricing

Bundled in Microsoft 365 subscriptions starting at $6/user/month (Business Basic) for core features, up to $57/user/month (E5) for advanced compliance; on-premises licensing separate.

3
Hyland OnBase logo

Hyland OnBase

enterprise

Unified enterprise content platform for capturing, processing, managing, and archiving documents and records with strong compliance controls.

Overall Rating8.7/10
Features
9.4/10
Ease of Use
7.6/10
Value
8.1/10
Standout Feature

Low-code workflow designer that unifies content management with intelligent business process automation

Hyland OnBase is a robust enterprise content services platform specializing in document capture, management, storage, retrieval, and records governance. It automates workflows, ensures regulatory compliance through audit trails and retention policies, and integrates deeply with ERP, CRM, and legacy systems. Ideal for complex organizations, OnBase supports scalable deployments across on-premises, cloud, or hybrid environments with mobile and AI-enhanced capabilities.

Pros

  • Comprehensive records management with automated retention, disposition, and compliance tools
  • Extensive integration options with enterprise systems like SAP, Oracle, and Microsoft Dynamics
  • Scalable architecture supporting high-volume processing and hybrid deployments

Cons

  • Steep implementation and customization complexity requiring expert resources
  • High licensing and maintenance costs for smaller organizations
  • User interface can feel dated compared to modern cloud-native alternatives

Best For

Large enterprises in regulated industries like healthcare, finance, and government needing advanced compliance and process automation.

Pricing

Custom enterprise pricing based on users, volume, and modules; typically starts at $50,000+ annually for mid-sized deployments with per-user fees around $100-200/month.

4
IBM FileNet Content Manager logo

IBM FileNet Content Manager

enterprise

Scalable content services platform offering advanced document management, records retention, search, and workflow automation for enterprises.

Overall Rating8.4/10
Features
9.2/10
Ease of Use
6.7/10
Value
7.8/10
Standout Feature

AI-powered content intelligence with automated classification, redaction, and disposition for compliant records lifecycle management

IBM FileNet Content Manager is a robust enterprise content management platform specializing in document capture, storage, retrieval, and records management for large-scale operations. It provides advanced workflow automation, compliance tools, and AI-driven content analytics to streamline business processes. Designed for governance-heavy environments, it ensures secure handling of sensitive data with features like versioning, auditing, and retention policies.

Pros

  • Exceptional scalability for handling millions of documents in enterprise environments
  • Certified compliance and records management (e.g., DoD 5015.2, NARA)
  • Deep integration with IBM Watson AI for intelligent search and automation

Cons

  • Complex implementation requiring significant IT expertise and time
  • Steep learning curve for end-users and administrators
  • High cost that may not justify for mid-sized or small organizations

Best For

Large enterprises in regulated industries like finance, healthcare, and government needing ironclad records governance and high-volume content management.

Pricing

Custom enterprise pricing via quote, typically starting at $50,000+ annually for on-premises or IBM Cloud Pak deployments, scaling with users and features.

5
Laserfiche logo

Laserfiche

enterprise

Intelligent content management solution with document imaging, workflow automation, records management, and audit trails.

Overall Rating8.4/10
Features
9.2/10
Ease of Use
7.6/10
Value
8.0/10
Standout Feature

Certified records management (NARA, DOJ, IRS) with automated retention schedules and tamper-proof audit trails

Laserfiche is a robust enterprise content management (ECM) platform specializing in document capture, management, workflow automation, and records retention for compliance-heavy environments. It offers powerful tools for digitizing paper records, OCR-based search, electronic forms, and process automation, integrating seamlessly with Microsoft Office and SharePoint. Ideal for regulated industries, it ensures audit-proof records management with certifications from NARA, DOJ, and IRS.

Pros

  • Exceptional compliance and records retention capabilities with unbreakable audit trails
  • Advanced workflow automation and forms processing
  • Scalable integrations with enterprise tools like Office 365 and ERP systems

Cons

  • Steep learning curve for setup and customization
  • User interface feels dated compared to modern competitors
  • High cost unsuitable for small businesses

Best For

Mid-to-large enterprises and government agencies needing strict regulatory compliance and automated document processes.

Pricing

Quote-based enterprise pricing; subscription tiers start at ~$75/user/month, with perpetual licenses and add-ons for advanced features.

Visit Laserfichelaserfiche.com
6
M-Files logo

M-Files

specialized

Metadata-driven document management system that organizes files by properties rather than folders for efficient search and security.

Overall Rating8.7/10
Features
9.2/10
Ease of Use
7.8/10
Value
8.0/10
Standout Feature

Metadata-driven architecture that automatically organizes and retrieves documents by properties and AI insights, bypassing rigid folder structures

M-Files is an intelligent document and records management platform that organizes files using metadata and properties instead of traditional folder hierarchies, enabling dynamic views and effortless retrieval. It features AI-powered search, automated workflows, version control, and robust compliance tools for retention, auditing, and e-signatures. Designed for enterprises, it integrates seamlessly with Microsoft 365, ERP systems, and other business tools to streamline information governance.

Pros

  • Metadata-driven organization eliminates folder chaos and enables intelligent automation
  • Advanced AI search finds documents contextually, even without exact keywords
  • Strong compliance features including automated retention, auditing, and secure sharing

Cons

  • Steep learning curve for users habituated to traditional file systems
  • Higher pricing suitable mainly for mid-to-large organizations
  • Advanced customizations often require professional services or development

Best For

Mid-sized to large enterprises needing metadata-centric document management with enterprise-grade compliance and automation.

Pricing

Subscription-based starting at ~$12/user/month for basic editions, scaling to $20+/user/month for professional/enterprise with custom quotes.

Visit M-Filesmfiles.com
7
DocuWare logo

DocuWare

enterprise

Cloud document management software for digitizing, automating workflows, and ensuring compliance with intelligent indexing and storage.

Overall Rating8.4/10
Features
9.1/10
Ease of Use
7.8/10
Value
8.0/10
Standout Feature

Intelligent Workflow Manager for no-code, rule-based automation of complex document processes and approvals

DocuWare is a robust enterprise-grade document and records management system that enables organizations to digitize, securely store, and intelligently manage documents throughout their lifecycle. It features advanced OCR for automatic indexing, customizable workflow automation, and seamless integrations with over 500 business applications including ERP systems like SAP and QuickBooks. The platform emphasizes compliance with standards such as GDPR, HIPAA, and ISO 27001, making it ideal for regulated industries handling high volumes of records.

Pros

  • Advanced workflow automation with drag-and-drop designer
  • Extensive integrations and API support
  • Strong security, archiving, and compliance capabilities

Cons

  • Steep learning curve for setup and customization
  • Higher pricing unsuitable for small businesses
  • User interface feels dated compared to modern competitors

Best For

Mid-to-large enterprises in regulated industries needing scalable document automation and ERP integrations.

Pricing

Subscription-based cloud plans start at ~$35/user/month (Essentials tier, billed annually), scaling to $60+/user/month for Enterprise with custom quotes; on-premise available.

Visit DocuWaredocuware.com
8
Alfresco Content Services logo

Alfresco Content Services

enterprise

Open-source enterprise content management platform supporting document repositories, records management, and process automation.

Overall Rating8.3/10
Features
9.1/10
Ease of Use
7.6/10
Value
8.0/10
Standout Feature

DoD 5015.2 certified Records Management module for automated retention, holds, and disposition schedules

Alfresco Content Services is a robust open-source enterprise content management platform specializing in document management, collaboration, and records management. It provides advanced features like version control, metadata-driven organization, automated workflows, and a dedicated Records Management module compliant with standards such as DoD 5015.2 for retention and disposition. Ideal for handling large-scale content repositories with strict regulatory requirements, it supports both on-premises and cloud deployments.

Pros

  • Standards-compliant records management (DoD 5015.2 certified)
  • Highly scalable for enterprise volumes
  • Strong integration with business apps and APIs

Cons

  • Steep learning curve for setup and administration
  • UI feels dated compared to modern alternatives
  • Enterprise licensing can be expensive

Best For

Large enterprises needing compliant records management, high customization, and integration with existing systems.

Pricing

Community edition free and open-source; Enterprise subscription custom-quoted, typically starting at $25,000+ annually for small deployments.

9
Box logo

Box

enterprise

Secure cloud content platform with governance, retention policies, e-signature, and collaboration for document and records management.

Overall Rating8.5/10
Features
8.8/10
Ease of Use
9.0/10
Value
8.0/10
Standout Feature

Box Governance for automated content lifecycle management with defensible retention and deletion policies

Box is a cloud-based content collaboration and management platform that excels in secure file storage, sharing, and workflow automation for documents and records. It provides enterprise-grade records management features like automated retention policies, legal holds, audit trails, and compliance with standards such as GDPR, HIPAA, and SOC 2. With AI-powered classification and metadata management, Box helps organizations govern content lifecycle effectively while enabling seamless team collaboration.

Pros

  • Robust security and compliance tools including retention, legal holds, and audit logging
  • Extensive integrations with 1,400+ apps like Microsoft 365 and Salesforce
  • Intuitive interface with powerful workflow automation via Box Relay

Cons

  • Enterprise features require custom pricing, which can be expensive
  • Limited advanced archival capabilities compared to dedicated DRM systems
  • Steeper learning curve for complex governance configurations

Best For

Mid-to-large enterprises needing secure, compliant document collaboration with strong governance and scalability.

Pricing

Starts at $5/user/month (Individual), $15/user/month (Business), $25/user/month (Business Plus), with Enterprise plans custom-priced.

Visit Boxbox.com
10
Egnyte logo

Egnyte

enterprise

Content intelligence platform providing secure file sharing, governance, compliance, and automated records management for hybrid environments.

Overall Rating8.4/10
Features
8.8/10
Ease of Use
8.2/10
Value
7.9/10
Standout Feature

Content governance engine with AI-driven classification, risk detection, and policy automation for compliance-heavy records management

Egnyte is a cloud-based enterprise content collaboration and governance platform designed for secure file sharing, storage, and management. It excels in document and records management with features like automated retention policies, versioning, advanced permissions, and compliance tools for industries such as healthcare and finance. The platform integrates seamlessly with Microsoft 365 and Google Workspace, offering AI-driven search, insights, and hybrid deployment options for on-premises and cloud environments.

Pros

  • Robust compliance and governance tools with automated retention and auditing
  • Hybrid deployment supporting on-prem and cloud integration
  • AI-powered content classification and intelligent search capabilities

Cons

  • Enterprise pricing can be expensive for smaller organizations
  • Steeper learning curve for advanced governance features
  • Limited out-of-the-box customization compared to dedicated ECM suites

Best For

Mid-to-large enterprises in regulated industries requiring secure document collaboration and long-term records retention.

Pricing

Subscription-based starting at $10-20/user/month for Business plans, with Enterprise and custom quotes for advanced governance features.

Visit Egnyteegnyte.com

Conclusion

After reviewing the top tools, OpenText Documentum emerges as the top choice, offering enterprise-grade secure capture, management, retention, and compliance across the records lifecycle. Microsoft SharePoint and Hyland OnBase follow, with SharePoint excelling in Microsoft 365 integration and Hyland OnBase impressing with strong compliance controls; each serves distinct organizational needs.

OpenText Documentum logo
Our Top Pick
OpenText Documentum

Dive into OpenText Documentum to optimize your document and records management, benefiting from its robust features to enhance efficiency and security in managing critical information