September 23, 2020 Industries That Benefit Most from PDF Converter Tools

Examples of industries that benefit the most from PDF converter tools for document sharing with an audience.

The advantage of the PDF format over other digital formats is that it uniformly displays documents across various platforms, operating systems, and browsers. PDF’s are ideal if a business needs to share a document with multiple users. Companies can upload PDF documents on their websites and share them by email without any difference in how they are displayed to the end-user.

Over the last decade or so, PDF usage has exploded across multiple industry verticals. Businesses can use word processing software or spreadsheet software for their internal usage and then convert those documents to PDF format for sharing with their audience. Here are some examples of industries that would benefit the most from PDF converter tools.

1) eLearning Industry

With the increase in internet speeds, both part-time and full-time education is now being disseminated over the World Wide Web. A study by Global Industry Analysts predicts that the eLearning industry will exceed US$ 300 billion by the mid-2020s. With the growth of the eLearning industry, educators need to have access to tools that help them prepare documentation, enhance student productivity, and help with time management.

PDF to Word converters such as the one available on the CleverPDF site can help educators:

– Edit or reuse student lesson plans

– Convert a PowerPoint document to PDF slides for ease of sharing with students

– Prepare a report in Microsoft Word or Excel, convert it to PDF, share it with students, and then convert it back to an editable Excel document.

For eLearning purposes, converting a file to PDF format and vice versa is vital for educators to exchange their documents with students, fellow educators, and the management.

2) Manufacturing Industry

Today PDF files are used at various stages of the manufacturing process. Some examples are:

– The Order process:

An order could involve order forms, requisitions, invoices, purchase orders, and other documents that require creation, storage, and exchange between a vendor and a customer. You can create these documents using a word processing software, convert it to PDF, and then send the PDF to a customer. The customer can electronically sign the document with a digital signature and send it back to confirm the order. If you then need to make any changes in the document, a PDF converter will help you convert it to the appropriate format for you to work on and modify.

– The Production Process:

PDF software can be used to prepare end-user manuals, display data to various stakeholders, and create Standard Operating Process. After creating these documents using Word or Excel, you can use a PDF converter to convert the document to PDF format and send it to your stakeholders. If modifications need to be made, it’s a piece of cake to convert the PDF document back to its original format to edit accordingly.

– The Payment and Distribution Process:

A PDF document can be used in the form of an invoice to send a bill to a customer. Even in the distribution stage, the order form can be signed digitally for various approvals. The use of a PDF converter is helpful for vendors to be able to make changes to the original document quickly.

3) Insurance Industry

The insurance industry has to handle a lot of documentation ranging from contracts, claims, no-loss statements, policy endorsements, and more. Some applications of PDF usage in the insurance industry are:

– Document signature using PDF software

Insurance agents can get a client’s digital signature on a PDF version of a policy document. Such a process carried out digitally saves time, effort, and costs as compared to earlier when agents had to physically visit a client taking with them hard copies of all the documents.

Claims management using PDF documents

‌If a claim is lodged, agents and other stakeholders (such as investigators, appraisers, adjusters, and attorneys) generate a considerable volume of documents. A lot of these documents need to be archived for a very long time. Earlier, representatives of insurance companies used to print, scan, and email attachments to the agent. The agent then printed out the document and then either filled it up or worked with an end-user to fill it up and send it back to the insurance company. Such a process was highly time-consuming and cumbersome.

However, today, insurance providers have implemented various systems that help seamlessly manage claims using documents in PDF format. Using a PDF converter is very useful in the various stages of managing a claim.

In summary

Businesses are slowly but steadily transitioning to the digital world. In such a scenario, you need to have a PDF converter to convert your word processing or spreadsheet document to PDF format and vice versa.

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