If you have files that multiple people will be collaborating on and making changes to, then you may prefer using the Document Manager rather than the traditional File Library tied to projects.

When you upload files to a File Library, there is no way of keeping track of version numbers or version history.

The Document Manager allows you to add versions, assign flags (Draft mode, For Review, Reviewed w/ Edits, Final Draft, Approved, Published), add comments, add resources, show update history, record the amount of time spent on reviewing/editing docs and configure system notifications whenever a change is made to a document.

For more information, please visit our trial at http://www.mediachase.com/ibn/tourtrial.aspx.