CIMA E1 Syllabus C. Data And The Finance Function - Digital Asset Management Systems - Notes ^{7 / 8}

What is a digital asset management system?

A digital asset management system is designed to coordinate the digital assets of a business ensuring that they are held centrally in an accessible, secure and logically designed location. It typically makes use of cloud computing.

The main operational benefits of a DAM are:

• Easy sharing using web portals

• Increased security using watermarking

• Efficient search capabilities

• Improve relationships across departments

• Generates data on usage and access rates for various types of files/media

• Save on costs and space/storage

• Improve service to customers and business partners

• Time saving through standardisation of metadata and easier retrieval