Having a record retention schedule is sound business practice
By: ARMS Inc
Understanding which records need saving and for how long is an important component of sound business practices. ARMS Inc, an experienced provider of records services for all types of organizations, helps its clients understand the goals of record retention during the schedule creation process.
"Establishing a record retention process supports business activity and legal requirements governing your records," explains Eric Haas, president and CEO at ARMS. "We help craft a schedule that is approved and reviewed regularly by the business's legal counsel and company president, and provides a set process for employees to follow."
ARMS works collaboratively with its clients to develop a record retention schedule that addresses organizational need, legal requirements and assesses record value from multiple perspectives.
Record retention plays a role in business best practices
Instituting a record retention schedule accomplishes more than just fulfilling legal requirements – although that in itself is enough reason to address the subject – it also creates organizational benefits that provide value for staff.
ARMS looks at organizational need factors including retrieval efficiency and consistency, risk mitigation and potential cost reduction. Internal value assessments can focus on administrative, fiscal, legal and archival (historical)
"Litigation protection and support are among the most important benefits to having a policy in place," Haas says. "Navigating government regulations regarding record retention is an area of expertise valued by our clients."
Information management and destruction services from ARMS Inc
ARMS is an industry leader in records and information technology solutions, providing organizations "best practice" consulting in the Green Bay, Wisconsin, area and across the United States. ARMS is an SSAE 16-audited company that meets today's information regulatory requirements such as HIPAA, HITECH and FACTA. Services include breach reporting services, traditional document storage, certified information destruction, data protection and media vaulting, and automated workflow solutions.
For more information about services available through ARMS, please call 877-764-2767 or visit https://arms4rim.com/
View original article on record retention here.