Digital Asset Management (DAM) Software helps to sort digital assets according to an order that is beneficial to business activities originating from various departments including sales, marketing, design, and project management. In addition to implementing adequate training and best digital practices, Digital Asset Management Software is capable of helping companies to save valuable resources and avoid mistakes caused by disorganized file management. Some other features of Digital Asset Management Software include versioning, functionalities that allow importation and exportation, previews and in-depth views of assets so as to ensure clarity. There is also the feature of converting files to various types and sizes. Marketing and operations teams in various industries often use this solution to promote their online brands, reduce duplication of organizational assets, maintain current collections, and control asset security by establishing access permissions that are role-specific. With this solution, digital files are better handled in a secure environment while collaboration between teams, clients and partners is supported. There is also a live chat feature, just in case the need exists or arises. Modern day Digital Asset Management (DAM) Software are usually hosted on the cloud to allow for remote access, improves security and advanced processing speeds.