What is Records Management?
Records management is the act of meeting legal retention requirements, thereby avoiding fines, jail time, unsuccessful audits, and all sorts of other problems, from simple record organization to legal discovery. Good ECM solutions should give you the ability to use one system for both document management and records management.
ECM solutions that take care of your records management needs use pre-defined rules to fully automate your process, from record declaration all the way through final disposition.
Records Management Benefits
Because the system takes care of so much of the records management needs, business users can truly focus on their primary job responsibilities. Overall processes can be focused on and improved, instead of concentration on sole pieces; your records managers will be able to concentrate on providing visibility and improving records retention enterprise wide, instead of managing individual records.