Companies struggling to control vast amounts of documentsfor compliance, or even litigation purposes, may be interested in the latest partnershipdesigned to deal specifically with these issues.This time the partnership is between open source Enterprise Content Management vendor Alfresco (news,site
) and document management software provider Rational Retention(RR).The result is a system that will automate the management of both structured andunstructured data from across an entire ECM that may be needed for drawn-outcompliance and litigation proceedings.
Legal Costs Cut With ECM
As it stands, in many litigation or compliance hearings the ability of a company to provide the required data quickly, efficiently and in its entirety will be reflected in thecosts associated with such a hearing.The quicker the process is completed, the less a company will pay out. And with theincreasing costs of pursing such cases through legal process, many companies are turningtoenterprise content managementsystems to manage documents life-cycles.CMSWire speaks to a specific audience of professionals. You can too.Advertise here.By managing that life cycle companies can save, by some estimates, up to 50% of thecosts of eDiscoveryandregulatory compliance.This new partnership sees the implementation of a new system that will connect RationalRetention’s end-to-end solution for managing the entire lifecycle of data with Alfresco’scentralizedcontent repository.
Easy Document Archiving
In effect, it will allow users to archive e-mails, documents and enterprise content thatneeds to be retained for whatever reasons, legal or otherwise.Rational Retention’s solution providesend-to-end management of documentsby providing life-logs of all documents in the systems. In doing so, the solution preventstampering with the document unintentionally or maliciously.