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Description
Records management is the practice of identifying, classifying, archiving, preserving, and destroying records according to a set of pre-defined standards. The primary driver behind records management solutions is to reduce risk through improved regulatory and corporate compliance.
In recent years, enterprises and government agencies have experienced increasing pressure to manage risk more effectively through improved compliance with regulatory and corporate policies. While strict compliance concerns have historically been associated with highly regulated industries, recent scandals and new federal regulations have extended the need for records management solutions to all organizations. Because the risk of noncompliance has very large legal and financial ramifications, the records management discipline has transitioned from being considered an administrative task to a set mission-critical business activities at the core of corporate operations.
One of the main challenges facing organizations implementing records management solution is driving adoption of the solution by a broad audience. Traditional records management applications have been focused on enabling highly specialized roles—legal department, compliance officers—in the records management process. As a result, organizations that try to extend these solutions to typical employees are having a difficult time changing behaviors and enforcing compliance standards.
Microsoft has responded to these industry challenges by delivering a records management platform that can be extended to every information worker. By viewing retention and records management as a component of the overall document lifecycle, organizations can reduce risk and improve compliance with increased adoption of records management practices.
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