6 Ways Document Management and Records Management Differ

This post is syndicated from EDD Blog Online.


With the growing importance of compliance and eDiscovery issues for many companies, it might be time to consider deploying a records management system. Chances are that your company already uses some kind of document management system. The question is, will your document management system also support records management?

At the core of this question is what is the differences between document management and records management. Let's examine six differences.

1. Documents v Records

What are documents?
Documents consist of information or data that can be structured or unstructured and accessed by people in an organization.

What are records?
Records provide evidence of the activities of a given organization’s functioning and policies. Records often have strict compliance requirements regarding their retention, access and destruction, and generally have to be kept unchanged. There are often very stiff penalties for not doing so.

By some estimates, and depending on the company, 90% or more of all documents are records (meaning a portion of them are not!). Conversely, all records are documents.

To Continue Reading: Click Here
---------------------------------------------
Source: cmswire.com
By: David Roe

Read the full story originally posted by EDD Blog Online.


More Stories


Leave a Comment

You must be logged in to post a comment.