Expert Guide

Best Document Management Software in 2026

Eight document management systems compared on versioning, retention, workflows and the yearly bill for a ten-person team, with every price read on the vendor's own pricing page in October 2026.

Product links may be affiliate links. How we rate 8 tools compared
TL;DR

Short answer: Microsoft SharePoint is the best document management software for most small teams in 2026, because it comes inside Microsoft 365 Business Basic at $7 a user a month (paid yearly) with version history, permissions and 1 TB of OneDrive per person. Pick Box if you are not a Microsoft shop and want unlimited storage with easy outside sharing, M-Files if you file by client, project or contract type rather than by folder, and Zoho WorkDrive if price decides, at $2.50 a user on its Starter plan.

For a ten-person team paying list price for a year, the bill runs from $540 on Zoho WorkDrive Team to $8,760 on Laserfiche Professional. Every rate was read on the vendor's pricing page on October 19, 2026.

Key facts8 tools compared: Microsoft SharePoint, Box, M-Files, Egnyte, Laserfiche, Zoho WorkDrive…
  • Updated: October 23, 2026
  • Top pick: Microsoft SharePoint (best for: Teams already on Microsoft 365 who want document control without a second vendor)
  • Top pick price as of October 23, 2026: Microsoft SharePoint: In Microsoft 365 Business Basic at $7/user/mo paid yearly; up to 300 users
  • 8 tools compared: Microsoft SharePoint, Box, M-Files, Egnyte, Laserfiche, Zoho WorkDrive, Revver, Dropbox
  • Box (best for: Companies outside the Microsoft stack that want governance on top of easy external sharing): From $5/user/mo (Business Starter, 3-user minimum); Business $15/user/mo; free 10 GB plan
  • M-Files (best for: Professional firms that file by client, matter or contract, not by folder): Essentials $65/seat/mo; Enterprise is quote-only
  • Egnyte (best for: Regulated or project-heavy firms that need ransomware detection and lifecycle rules with their files): From $22/user/mo paid annually (Business, up to 100 users); free trial, no card

Most small companies do not need a document management system. They need their file storage to behave like one: one current version, a history of the old ones, a clear owner, and a rule for when things get deleted.

The cheapest way to get that is often software you already pay for, which is why this ranking starts with SharePoint and ends with the dedicated systems that justify their higher price only when audits, contracts or approvals are the job.

The eight tools below are written for teams of five to fifty people, usually without a records manager: an operations lead, a finance person and someone in IT who wears three hats.

Each one gets a real weakness.

If your question is only where to keep files, our best cloud storage for business ranking covers that; if it is sending large files to clients, see best file sharing software.

Techpresso data: Toolradar, the software directory we run, tracks 122 file management tools as of October 19, 2026, and 64% of them (78 of 122) offer a free tier, per its file management statistics.

None of the four dedicated document systems on this list (M-Files, Egnyte, Laserfiche and Revver) shows a free plan on its pricing page, which tells you where this category charges its money: for control, not for storage.

Top Picks

Based on features, real-world fit, and value for money.

#1 Top pick

Microsoft SharePoint

Document libraries with version history, permissions and retention, included in the Microsoft 365 plan most offices already pay for.

Pricing

In Microsoft 365 Business Basic at $7/user/mo paid yearly; up to 300 users

Best for

Teams already on Microsoft 365 who want document control without a second vendor

#2

Box

The content cloud that grows into a DMS: unlimited storage from Business, version depth by tier, and records rules through an add-on.

Pricing

From $5/user/mo (Business Starter, 3-user minimum); Business $15/user/mo; free 10 GB plan

Best for

Companies outside the Microsoft stack that want governance on top of easy external sharing

#3

M-Files

A metadata-first DMS: documents are found by what they are, with Aino AI, workflows and Microsoft 365 integration in the entry plan.

Pricing

Essentials $65/seat/mo; Enterprise is quote-only

Best for

Professional firms that file by client, matter or contract, not by folder

Best Document Management Software in 2026: 8 tools compared, updated Oct 2026
ToolPricingBest for
Microsoft SharePointIn Microsoft 365 Business Basic at $7/user/mo paid yearly; up to 300 usersTeams already on Microsoft 365 who want document control without a second vendor
BoxFrom $5/user/mo (Business Starter, 3-user minimum); Business $15/user/mo; free 10 GB planCompanies outside the Microsoft stack that want governance on top of easy external sharing
M-FilesEssentials $65/seat/mo; Enterprise is quote-onlyProfessional firms that file by client, matter or contract, not by folder
EgnyteFrom $22/user/mo paid annually (Business, up to 100 users); free trial, no cardRegulated or project-heavy firms that need ransomware detection and lifecycle rules with their files
LaserficheProfessional $73/user/mo billed annually, 5-user minimum; Business $93/user/mo, 25 usersOperations teams that want forms, approvals and records management in one system
Zoho WorkDriveFrom $2.50/user/mo billed annually (Starter, 3-user minimum); free 5 GB personal planSmall teams on a tight budget, and companies already using Zoho apps
RevverBasic averages $25/user/mo; Essentials $67; Full $87, per Revver's pricing pageAccounting, insurance and other client-document businesses that want a DMS with forms and e-signature
DropboxStandard $15/user/mo billed yearly, no minimum; Advanced $24/user/mo, 3 users; free 2 GBCreative and client-facing teams that need file sync and recovery more than records rules

Pricing read from each vendor's own pricing page, checked Oct 2026. 1 of 8 publishes prices for some plans and quotes the rest.

Lowest published monthly price by toolBar chart of the lowest monthly price each vendor publishes; the same figures are in the comparison table above.Lowest published monthly priceMicrosoft SharePoint$7Box$5M-Files$65Egnyte$22Laserfiche$73Zoho WorkDrive$2.50Revver$25Dropbox$15
Lowest monthly figure each vendor publishes, checked Oct 2026. A tilde marks a figure the vendor states approximately. Per-seat and usage charges can sit on top of it. Every tool here publishes a monthly price.
1 Microsoft SharePoint logo
Top Pick

Microsoft SharePoint

Document libraries with version history, permissions and retention, included in the Microsoft 365 plan most offices already pay for.

Pricing
In Microsoft 365 Business Basic at $7/user/mo paid yearly; up to 300 users

Best for: Teams already on Microsoft 365 who want document control without a second vendor

Pros

  • Business Basic includes SharePoint team sites, document libraries with version history and 1 TB of OneDrive per user
  • Libraries support up to 50,000 major versions and files up to 250 GB, limits a small team will not reach
  • Organization storage is 1 TB plus 10 GB per license, and more can be bought instead of forcing a plan upgrade

Cons

  • Out of the box it is a blank site; metadata columns, content types and retention labels take an admin who knows SharePoint
  • Sensitive-data discovery and classification sit on Business Premium with Copilot at $32 a user, more than four times Basic
2 Box logo

Box

The content cloud that grows into a DMS: unlimited storage from Business, version depth by tier, and records rules through an add-on.

Pricing
From $5/user/mo (Business Starter, 3-user minimum); Business $15/user/mo; free 10 GB plan

Best for: Companies outside the Microsoft stack that want governance on top of easy external sharing

Pros

  • Business and above include unlimited storage, so the bill tracks people, not terabytes
  • Enterprise at $35 a user keeps 100 versions per file, allows 50 GB uploads and includes 1,000 Box AI units a month
  • Business Plus at $25 a user allows unlimited external collaborators, useful when clients and contractors outnumber staff

Cons

  • Business Starter caps the account at 100 GB with 2 GB uploads and 25 versions, so it is a trial of Box, not a DMS
  • Retention policies, disposals and legal holds are sold as the separate Box Governance add-on, with no list price on the plans page
3 M-Files logo

M-Files

A metadata-first DMS: documents are found by what they are, with Aino AI, workflows and Microsoft 365 integration in the entry plan.

Pricing
Essentials $65/seat/mo; Enterprise is quote-only

Best for: Professional firms that file by client, matter or contract, not by folder

Pros

  • Essentials includes automated graphical workflows, version control and lifecycle management, not only storage
  • M-Files Aino AI and native Microsoft 365 experiences are in the published Essentials plan rather than an add-on SKU
  • Enterprise adds secure external collaboration, an extended audit log and custom versioning for regulated work

Cons

  • At $65 a seat it is the second most expensive entry plan here, about nine times SharePoint in Business Basic
  • Implementation is sold as a separate service, and Enterprise has no public price
4 Egnyte logo

Egnyte

File collaboration with governance layered on: content lifecycle and workflows from Enterprise Lite, AI and e-signature on Elite.

Pricing
From $22/user/mo paid annually (Business, up to 100 users); free trial, no card

Best for: Regulated or project-heavy firms that need ransomware detection and lifecycle rules with their files

Pros

  • Business at $22 already includes Microsoft 365 co-editing (desktop and online) and Google Workspace integration
  • Enterprise Lite at $39 adds content lifecycle management, advanced workflows and artifact-based ransomware detection
  • Elite at $48 bundles AI search, PDF markup, e-signature and dynamic watermarking in one license

Cons

  • Business stops at 100 users and lacks lifecycle management, so a growing firm moves to $39 a seat
  • Document and sensitive-data classification only arrive on Ultimate, which is quote-only
5 Laserfiche logo

Laserfiche

The most process-heavy pick: custom forms, AI extraction and workflow automation, with records lifecycle management on Business.

Pricing
Professional $73/user/mo billed annually, 5-user minimum; Business $93/user/mo, 25 users

Best for: Operations teams that want forms, approvals and records management in one system

Pros

  • Professional includes custom forms, process reporting, AI data extraction and classification, and 100 GB of storage per user
  • Business adds records lifecycle management, SSO and SCIM provisioning, and public-facing content portals
  • Cloud is SOC 2 Type 2 and ISO 27001 certified with HIPAA support, per the plan list

Cons

  • The 5-user minimum on Professional means at least $4,380 a year before anyone files a document
  • Records management sits on Business, which requires 25 users, so small regulated teams pay for seats they do not have
6 Zoho WorkDrive logo

Zoho WorkDrive

The cheapest real option: unlimited versions on every paid plan, with workflows, DLP and labels on Business at $9 a user.

Pricing
From $2.50/user/mo billed annually (Starter, 3-user minimum); free 5 GB personal plan

Best for: Small teams on a tight budget, and companies already using Zoho apps

Pros

  • Unlimited file versions on Starter, Team and Business, which Box only offers at the top of its range
  • Business at $9 a user adds custom workflows and DLP policies (both in beta) plus classification labels
  • Team storage starts at 1 TB on Starter, 3 TB on Team and 5 TB on Business, with per-file uploads up to 250 GB

Cons

  • Data retention and restore on Business go up to 120 days, short for anyone keeping records for years
  • Metadata and records features are thinner than M-Files or Laserfiche; it is a strong drive, a light DMS
7 Revver logo

Revver

Formerly eFileCabinet: unlimited storage and its AI Smart Suite on every tier, with requests, forms and e-signature on Essentials.

Pricing
Basic averages $25/user/mo; Essentials $67; Full $87, per Revver's pricing page

Best for: Accounting, insurance and other client-document businesses that want a DMS with forms and e-signature

Pros

  • Unlimited storage and unlimited use of Revver AI Smart Suite on every license tier
  • Metadata search, approvals, PDF redaction and guest sharing are listed from the Basic tier
  • Essentials adds document requests, forms and e-signature requests, which replaces two tools for many client firms

Cons

  • Prices are shown as averages and exclude professional services and implementation fees, so a quote is still needed
  • Building workflows and automations is limited to the Full tier at $87, more per seat than Laserfiche Professional
8 Dropbox logo

Dropbox

The simplest sync and sharing on this list, with long file recovery windows, but the lightest document governance.

Pricing
Standard $15/user/mo billed yearly, no minimum; Advanced $24/user/mo, 3 users; free 2 GB

Best for: Creative and client-facing teams that need file sync and recovery more than records rules

Pros

  • Standard starts at 3 TB for the team and restores deleted files for 180 days
  • Advanced at $24 a user starts at 15 TB, keeps a year of file recovery and adds end-to-end encryption
  • Standard has no user minimum, so a two-person firm pays for two seats

Cons

  • The plan pages sell recovery windows and encryption, not metadata filing or approval workflows; it is storage first
  • Enterprise, where custom security and storage are sold, has no public price

What it is

Document management software is a system that stores business documents with version control, permissions, search by metadata and rules for retention and approval, so a team can prove which version is current and who changed it.

The line between cloud storage and a DMS is governance: retention schedules, legal holds, audit trails, metadata fields and review workflows. Box, SharePoint, Dropbox and Zoho WorkDrive start as storage and add those controls on higher tiers; M-Files, Laserfiche, Revver and Egnyte are sold as document systems from the first plan.

Why it matters

The first reason is liability. A signed contract that exists in four copies across email and a shared drive is a dispute waiting to happen, and an auditor asking for every version of a policy wants an answer in minutes, not a week.

The second reason is how the bill scales. Every tool here charges per user, so the price gap compounds: ten people on M-Files Essentials cost about fourteen times what they cost on Zoho WorkDrive Team.

That gap buys real things (metadata-driven filing, workflow automation, records management), so the useful question is not which tool has more features but whether your team will set them up and use them in the first year.

Key features to look for

Version history you can count onEssential
How many versions are kept and for how long. Box keeps 25 on Business Starter and 100 on Enterprise; SharePoint libraries allow up to 50,000 major versions; Zoho WorkDrive keeps unlimited versions on every paid plan.
Retention and legal holdEssential
Rules that keep a document for seven years, then delete it, and freeze it when a dispute starts. Box sells this as its Governance add-on; Egnyte includes lifecycle rules from Enterprise Lite; Laserfiche puts records management on Business.
Metadata and search
Filing by client, contract type or expiry date instead of folder path. M-Files is built around it; Revver lets every user search by metadata fields; most storage-first tools add it late.
Approval workflows
Route a document for review, sign-off and filing without email. Laserfiche, M-Files and Revver include graphical or rule-based workflows; Zoho WorkDrive puts custom workflows (in beta) on its Business plan.
Microsoft 365 or Google editing
Whether people can co-author in Word or Docs without downloading. SharePoint is native; Egnyte supports M365 and Google Workspace co-editing on its first plan; M-Files and Laserfiche advertise native Microsoft 365 experiences.
Seat minimums and implementation
Laserfiche Professional starts at 5 users and Business at 25. Revver's prices exclude professional services and implementation fees. A low per-user number can still mean a large first invoice.

Pricing

Every price on this page was read on October 19, 2026 on Microsoft's SharePoint plans page, Box pricing, M-Files pricing, Egnyte pricing, Laserfiche pricing, Zoho WorkDrive pricing, Revver pricing and Dropbox plans. SharePoint storage and version limits come from Microsoft's SharePoint limits documentation.

Cost scenario, computed from those list prices: ten users for twelve months on each tool's entry plan that includes real document controls. Zoho WorkDrive Team comes to $540 and Business to $1,080. Microsoft 365 Business Basic, which carries SharePoint, is $840. Box Business is $1,800 and Box Enterprise is $4,200, before the Governance add-on that carries retention and legal holds. Dropbox Standard is also $1,800. Egnyte Business is $2,640. Revver Basic, at its published average, is $3,000. M-Files Essentials is $7,800 and Laserfiche Professional is $8,760.

What the scenario leaves out: implementation and migration. Revver says its prices exclude professional services and implementation fees, and M-Files sells implementation as a separate service. Budget the first year above the per-seat math for the dedicated systems; the storage-first tools are mostly self-serve.

PlanPriceBest for
Microsoft 365 Business Basic$7/user/mo, paid yearlySharePoint team sites, web and mobile Office apps, 1 TB OneDrive per user, up to 300 users
Microsoft 365 Business Standard with Copilot$23.50/user/mo, paid yearlyAdds desktop Office apps and Copilot inside Word, Excel and Teams
Microsoft 365 Business Premium with Copilot$32/user/mo, paid yearlyAdds device management, threat protection and sensitive-data classification
Box IndividualFreeOne user, 10 GB, 250 MB uploads, one version
Box Business StarterFrom $5/user/mo3-user minimum, 100 GB, 2 GB uploads, 25 versions
Box Business$15/user/mo, billed annuallyUnlimited storage, 5 GB uploads, 50 versions, Box AI
Box Business Plus$25/user/mo, billed annuallyUnlimited external collaborators, 15 GB uploads
Box Enterprise$35/user/mo, billed annually100 versions, 50 GB uploads, 1,000 Box AI units a month
Box Enterprise PlusShown with annual billing onlyUnlimited versions, 150 GB uploads, Box Agent
M-Files Essentials$65/seat/moWorkflows, version and lifecycle control, Aino AI, Microsoft 365 integration
M-Files EnterpriseCustomExternal collaboration, extended audit log, advanced security and versioning
Egnyte Business$22/user/mo, paid annuallyUp to 100 users, M365 and Google co-editing, single-document AI Q&A
Egnyte Enterprise Lite$39/user/mo, paid annuallyContent lifecycle management, advanced workflows, ransomware detection
Egnyte Elite$48/user/mo, paid annuallyAI Assistant and search, e-signature, PDF markup, dynamic watermarking
Egnyte UltimateCustomDocument and sensitive-data classification, snapshot recovery, DLP integration
Laserfiche Professional$73/user/mo, billed annuallyStarts at 5 users; forms, workflows, AI extraction, 100 GB per user
Laserfiche Business$93/user/mo, billed annuallyStarts at 25 users; records lifecycle management, SSO, SCIM, portals
Laserfiche Business+$42/user/mo, billed annuallyStarts at 500 users; 30 TB per account and enterprise security
Zoho WorkDrive Starter$2.50/user/mo, billed annually3-user minimum, 1 TB team storage, 10 GB uploads, unlimited versions
Zoho WorkDrive Team$4.50/user/mo, billed annually3 TB team storage, 50 GB uploads, custom branding, activity timeline
Zoho WorkDrive Business$9/user/mo, billed annually5 TB, 250 GB uploads, custom workflows and DLP in beta, 120-day retention
Revver Basic$25/user/mo on averageDocument access and storage, metadata search, approvals, guest sharing
Revver Essentials$67/user/mo on averageAdds forms, document requests, e-signature requests, starting workflows
Revver Full$87/user/mo on averageAdds workflow and automation building, governance, user and security admin
Dropbox BasicFree2 GB for one person
Dropbox Standard$15/user/mo, billed yearly1 or more people, 3 TB team storage, 180-day file recovery
Dropbox Advanced$24/user/mo, billed yearly3-person minimum, 15 TB to start, one-year recovery, end-to-end encryption
Dropbox EnterpriseContact salesCustom storage, security and headcount
Mistakes to avoid
×Buying a dedicated DMS when nobody owns the filing rules. M-Files at $7,800 a year for ten people does nothing a shared drive cannot until someone defines document classes, metadata and retention. Name the owner before the vendor.
×Treating storage tiers as compliance. Box Business and Dropbox Standard keep versions and recover deletions, but neither plan page lists retention schedules or legal holds; on Box they come with the Governance add-on. Check where holds are sold before an auditor asks.
×Ignoring seat minimums. Laserfiche Business needs 25 users and Laserfiche Professional 5; Box and Zoho WorkDrive start at 3. A six-person firm comparing per-user prices should compare the real first invoice.
×Buying Microsoft 365 and then a second system for the same files. If the team lives in Word and Teams, spend a month setting up SharePoint libraries, metadata columns and retention labels before paying another vendor per seat.
Expert tips
→Start with one document type, such as signed contracts or HR files, and move it completely before migrating the rest. A half-migrated DMS is worse than none because nobody knows which copy is real.
→Ask Revver, M-Files and Laserfiche for the implementation quote in writing alongside the license quote. The per-seat price is the smaller number in year one for most small firms.
→Use the free plans and trials in parallel. Egnyte offers a trial with no card, Zoho WorkDrive a 15-day trial, and Box and Dropbox have free tiers, so a two-week test on real documents costs nothing.
→Pair the DMS with a signing tool only if it lacks one. Egnyte Elite and Revver Essentials include e-signature; for the rest, see our <a href="/reviews/best-esignature-software">best e-signature software</a> ranking.

The bottom line

Microsoft SharePoint is the pick for most small teams: it is already inside Microsoft 365, it keeps versions and permissions properly, and the yearly bill for ten people on Business Basic is hard to beat. Box is the answer for a team outside Microsoft that shares with many outsiders, as long as you budget for the Governance add-on when retention matters. M-Files is the best true DMS for firms that think in clients and matters, Egnyte fits regulated and project firms that want ransomware detection with their files, and Laserfiche is for operations teams that live in forms and approvals. Zoho WorkDrive is the budget winner, Revver suits client-document businesses that want forms and signatures in one place, and Dropbox is the right call only when sync and recovery matter more than records rules.

Related reading on this site: the Box review, the Dropbox review, Google Workspace vs Microsoft 365, Microsoft 365 Copilot pricing, best knowledge base software for internal wikis, best PDF editors, free e-signature software and best project management software. Directory entries on Toolradar: Box, M-Files, Egnyte, Laserfiche, Revver and Dropbox. Accounting firms have a dedicated ranking in Toolradar's best document management for accountants.

Methodology: we read the eight vendors' pricing pages on October 19, 2026, compared the plan where document controls (version limits, retention, metadata, workflows) first appear, the seat minimums and the published price, then weighted fit for a team of five to fifty people over feature breadth. Techpresso runs no test lab, so nothing here is a hands-on result, and the order is our editorial judgment from the published plan data. Prices are re-checked when a vendor changes its pricing page. Cite this: Techpresso, "Best Document Management Software 2026: 8 Priced", October 2026.

Frequently asked questions

What is the best document management software in 2026?

For most small teams it is Microsoft SharePoint, included in Microsoft 365 Business Basic at $7 a user a month paid yearly, with version history, permissions and 1 TB of OneDrive per user. Box is the pick outside the Microsoft stack, M-Files the best metadata-driven DMS at $65 a seat a month, and Zoho WorkDrive the cheapest at $2.50 a user on Starter. Prices checked October 19, 2026.

How much does document management software cost for a small team?

For ten users over a year at list price, from $540 on Zoho WorkDrive Team and $840 on Microsoft 365 Business Basic to $1,800 on Box Business, $2,640 on Egnyte Business, $7,800 on M-Files Essentials and $8,760 on Laserfiche Professional. Dedicated DMS vendors usually add implementation fees on top, which Revver states explicitly on its pricing page.

Is there free document management software?

Only storage-first free tiers: Box Individual gives one user 10 GB with a single file version, Dropbox Basic gives 2 GB, and Zoho WorkDrive has a 5 GB personal plan. None of them includes retention rules or team permissions. Of the 122 file management tools Toolradar tracks, 64% offer a free tier as of October 19, 2026, but the dedicated DMS vendors here are all paid.

Is SharePoint a document management system?

Yes. SharePoint document libraries keep up to 50,000 major versions per file, support metadata columns, permissions and retention labels, and accept files up to 250 GB. The catch is setup: a new site has none of that structure until an admin builds it, and sensitive-data classification sits on Business Premium with Copilot, not Business Basic.

Box vs SharePoint for document management?

SharePoint wins on price if you already pay for Microsoft 365, since it costs nothing extra on Business Basic. Box wins on external sharing and ease of setup, with unlimited storage from the Business plan up, but retention policies and legal holds are sold as the Box Governance add-on rather than included in a plan.

What is the difference between a DMS and cloud storage?

Cloud storage keeps and syncs files; a document management system adds governance: retention schedules, legal holds, audit trails, metadata, and approval workflows. Dropbox and Box Business are storage first, while M-Files, Laserfiche and Revver are sold as document systems from their first plan, which is why their entry prices sit well above the storage plans on this list.

Sources

Prices and plan details come from each vendor's own pricing page, re-checked by the Toolradar pricing tracker.

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