Access and Feeds

Storage: Companies Keep Dated Information Too Long

By Dick Weisinger

Lack of good governance and records management policies means that many companies hold onto information far longer than they should. And that could be a problem.

A survey of companies found that 7 out of 10 companies are not purging information after its regulatory expiration date. Organizations that fail to comply with regulations could be subject to prosecution or fines.

The solution of course is to create an organizational governance framework. And technology tools can form a strong core for enabling that framework. Document and Records management systems are important components of such a framework.

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