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INDUSTRY FACT: 43% of information governance (IG) professionals report their organizations have below average capabilities to eliminate content duplication, indicating there is a lot of redundancy in their organizations. Minimize Business Risk: Top 5 Information Governance Obstacles You Must Tackle Now; AIIM
Establishing how long to retain various records requires the development and implementation of a credible retention policy. However, maintaining a retention schedule through traditional methods is labor-intensive and expensive.
As the volume of retained business records continues to grow, so do the associated costs and risks of not having a retention schedule. The more information your business retains, the greater the burden of identifying and locating records when you need them for reference purposes and legal compliance. It’s a challenge to ensure your organisation is compliant when staying up-to-date on the ever-changing rules and regulations can be a full-time job. With limited resources, it’s a struggle to create a culture of compliance within your organisation.
With Policy Centre Standard Edition, you’ll have a pre-built, legally-defensible retention schedule – backed by the same high quality legal research used by the world’s largest companies. With this user-friendly, web-based tool, you can demonstrate your retention schedule is driven by current laws and regulations. You can also make quick and easy edits to record classes and rules to customize the schedule to meet your needs. The online portal makes for an easy way to share your policy, further driving compliance across your organization. Policy Centre Standard Edition is a subscription service to a cloud based retention policy management platform. Ready for immediate use, there is no need to invest in legal counsel or consultants to create your defensible retention schedule, now or for annual refreshes.
Through the successful development and implementation of a records retention schedule, you can realize the following benefits:
Policy Centre Standard Edition is available with the following complementary services, to create a solution that can remove paper from your records and information management responsibilities: Document Imaging Service and Secure Shredding.