White Paper

5 Pages
  • 5 Pages

Why a Record Retention and Destruction Policy is Essential

 

When you don’t know what you have, or you can’t find what you need, you could be facing some big problems..

Every business maintains records because of some value - consistent with one or more of its business purposes - that makes those records worth saving. Information contained in records is unquestionably a corporate asset, and there are numerous benefits in knowing what you have and knowing how to find it and use it. Likewise, every business has a need to destroy records when they no longer have value, in part because the sheer volume of records created within a modern organization creates significant direct and indirect costs to maintain records. This white paper reviews why failing to manage records properly can be risky and costly.