What is Record Management?

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Records management is the proper archiving of information vital to the life of the company.  The ability to quickly and accurately locate critical information is an important part of a firm's infrastructure.  Proper records management insures that business information can be accessed at any time in a timely and cost-effective manner.  It also ensures that documents are retained and eventually disposed of in accordance with appropriate regulatory requirements and company policy. Companies rely on records not only for vital financial and operational information, but also for regulatory and litigation protection.  Compliance with federal, state and local law, responding to an audit or legal proceeding or reacting to a medical emergency are simplified when an appropriate records management program is in place. Each company is unique and has a different set of records management needs.  In many cases, it is advantageous to have an outside vendor manage the bulk of the information.  It can be an excellent method for professional, cost-effective management of vital information.

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