Eglė Račkauskaitė at Capacity shares everything you need to get started with organizing your data and building a knowledge management system.
You’ve probably heard people say, “Data is the new currency.” Yes, data powers your business, improves customer support, and personalizes your customer experience. But to achieve these results, you need to turn raw numbers into a functioning knowledge system.
Too many businesses sit on mountains of siloed data just because they don’t use the right knowledge management system (KMS) to organize and utilize what they have.
We’ll show you knowledge management system examples, the benefits of having such it in your business, and how to build and implement a corporate knowledge hub within your own processes. Sounds good? Let’s begin!
A knowledge management system is a structured platform, composed of technologies, processes, and practices, that helps an organization capture, store, organize, share, and apply important knowledge and data.
Every business that wants to scale should know the knowledge management definition to start unifying its data.
KMS’s purpose is to make the right information available to the right people at the right time, improving decision-making, efficiency, and innovation.
With a trajectory to reach USD 62.15 billion by 2033 from USD 20.15 billion in 2024, the KMS market growth proves that utilizing data is becoming more important for businesses.
A great example of knowledge management software is an internal knowledge base designed to help new hires onboard faster by finding all the necessary information in one place.
But what counts as “knowledge” in a knowledge management system?
A KMS typically manages several types of knowledge:
Having your corporate knowledge well organized and always available has many benefits for the company, employees, future documentation, and customers. Let’s go over some of the main results you can expect after integrating a KMS into your corporate processes.
You might not notice how much time information search eats out of your working day when you do it bit by bit. But post–COVID-19 research reveals that 22.34% of employees spend about half a workday per week just searching for information, while 10.47% spend up to one and a half workdays.
When you have everything at hand, team members can quickly find the information they need, procedures, answers, documents, without digging through emails or asking around.
When everyone uses the same, up-to-date source of truth, there are fewer misunderstandings, conflicting instructions, or duplicated versions of documents.
For example, you hire a new customer support agent, and they need to check if your company ships to a particular country.
They can access a knowledge management system to find the right answer without getting multiple different answers or pinging their colleagues.
It can take anywhere from six to twelve weeks to onboard a new customer support agent. New employees ramp up more quickly because all essential knowledge, like guides, FAQs, and workflows, is organized and easy to follow.
Companies that lead in customer experience outperform the market with 4%–8% higher revenue growth. When you have available information and self-service options, customers or internal users get more consistent and accurate answers, resulting in smoother interactions and higher satisfaction.
When your company scales or you have changes in your organizational structure, preserving your know-how becomes crucial to smooth onboarding, process mapping, and standardization.
Developing a KMS ensures that important knowledge stays within the organization even when employees leave, reducing dependency on individuals.
With quick access to reliable information, teams spend less time searching for answers and more time doing productive work.
When your business grows, so does the amount of data you have. Eventually, it splits into many verticals and can be systematized by usage.
Let’s go over some of the best knowledge management system examples businesses use to organize their data into action.
An internal knowledge base is a centralized, searchable repository of internal company information, such as policies, procedures, how-to guides, FAQs, troubleshooting steps, best practices, and more.
A helpdesk knowledge base page that you can find on most websites and apps is a perfect example of an internal information hub.
Usually, it not only provides information but also connects with ticketing systems to enable process optimization in case a customer doesn’t find an answer and wants to submit a ticket.
You can see it works on the Todoist website. This task planning tool offers a clean and easy-to-use knowledge base for its customers. People can browse information about features, troubleshoot problems, and find everything they need to get started.
Ideal usage scenarios include:
Companies use it to:
The external support site is a customer-facing knowledge base. It’s a self-service help website where customers find answers without contacting support – articles, tutorials, FAQs, and troubleshooting steps.
For example, you might have a library page on your website or automated options like a web chatbot to provide customers with convenient and accurate information.
Ideal usage scenarios include:
Companies use it to:
Content management systems (CMS) are software used to create, manage, and publish digital content—usually for websites or intranets.
For example, many companies use WordPress to store and manage content on their websites, including web pages, landing pages, case studies, blog posts, and other content.
Ideal usage scenarios include:
Companies use them to:
Document management systems (DMS) are solutions for storing, organizing, and controlling access to digital documents like PDFs, contracts, policies, and spreadsheets.
This way, you have one system where you can securely store, find, and manage digital files. Keeping document management systems updated is a crucial part of enterprise knowledge management.
Microsoft SharePoint is a great example of a document management system designed for large teams.
Ideal usage scenarios include:
Companies use them to:
Collaboration platforms are tools that support real-time communication and team collaboration, often integrating chat, file sharing, project management, and knowledge spaces.
For example, Microsoft Teams or Notion allow different team members to edit files, create tasks, comment, etc., in real time.
Ideal usage scenarios include:
Companies use them to:
Learning management systems (LMS) are platforms for delivering, tracking, and managing training programs, learning materials, courses, certifications, and employee development.
SAP SuccessFactors Learning is a great example where employees can learn and upskill on the platform.
Ideal usage scenarios include:
Companies use them to:
Building your own knowledge management system begins by setting the right foundation. You must identify where your data sits, collect it, and organize it. Of course, it’s easier said than done, so let’s go over the practical ways to get started.
Before anything, you need to understand what problem your KMS will solve. A system is only effective if it supports a specific purpose.
To begin, ask questions such as:
For example, you might build a KMS for your customer support team because it needs a consistent, easy-to-search library of help articles.
This step is about gathering the information that will populate your corporate knowledge base —including explicit documents and tacit knowledge from experts.
Collect all the information you want to include in your knowledge base, such as:
How to do it:
However, gathering information manually takes time and is prone to error. That’s why companies with large amounts of data skip manual work and go for advanced AI knowledge base software to connect existing information with no human intervention.
Once you have the content, you need to organize your knowledge base so people can find what they need quickly.
A few quick steps on how to do it:
Knowledge management system examples span across industries, tasks, departments—you name it. That means not all types are necessary for your business. So, let’s go over some of the main ones to help you decide which works best for your case.
A team search engine is one of the knowledge management system examples that unifies internal search and lets employees instantly find documents, answers, experts, and data across all company systems.
It works by connecting to tools like Google Drive, Slack, SharePoint, CRM platforms, wikis, and databases. Then it indexes content to make it easier to find the most relevant results.
More advanced team search engines use AI technologies to support natural language search. For example, they can answer straightforward questions like:
A team search engine is a great way to cut down on time wasted searching through folders or asking coworkers, reduce duplicated work, and speed up decision-making and cross-team collaboration.
A great use case for team search engines is consulting services. When you have large volumes of reports and client documents, it’s crucial to have an organized space where you can access everything with the click of a button.
Research and insight libraries are centralized hubs where teams store market research, user insights, competitor analysis, product data, and internal findings.
To make browsing easier, such libraries use tags, metadata, and summaries. You can also enable analysts, product teams, or researchers to contribute new insights.
Sometimes, the right research and insight library can save you 5,000 hours per year.
Customer support sites or self-service knowledge bases are public-facing knowledge hubs where customers can find answers without contacting support.
They might resemble a business library where customers can find articles explaining how to use products, solve issues, or follow procedures.
More advanced KMS solutions allow integrating search to help users quickly find solutions, often paired with self-service features like chatbots or automated ticket systems.
Every type of business can benefit from self-service options, but BPOs and customer support centers are among the best use cases.
Because of large inquiry volumes, they need a call center knowledge base to educate their teams and deflect the majority of inquiries.
Online community forums are digital spaces where users, customers, or employees can ask questions, share solutions, and contribute collective knowledge.
A great example of a forum-based knowledge base is the Apple Support Community. Apple’s customers can ask questions and help each other solve common software and hardware problems, follow updates, and share tips and tricks.
It’s a great way to:
Expert locators are searchable directories that help employees find the right expert, specialist, or teammate with a specific skill or experience.
For example, platforms like Microsoft Delve and Viva Topics can surface people based on their projects and expertise, while ServiceNow’s Skills Management or SAP SuccessFactors People Profile lets teams search for colleagues with specific certifications, technical skills, or past project experience.
The SOP and process playbook system is a structured library of step-by-step procedures, workflows, and playbooks used across the organization.
Some of the main use cases include:
A process playbook system uses knowledge to standardize and unify processes across teams, departments, and branches.
This post has been re-published by kind permission of Capacity - view the original article.
Reviewed by: Robyn Coppell