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Records Management is the practice of identifying, classifying, archiving, preserving, and sometimes destroying records. Records are information created, received, and maintained as evidence and information by an organization or person, in pursuance of legal obligations or in the transaction of business. For example, birth certificates, medical x-rays, office documents physical and electronic, databases, and e-mails are all examples of records.
 
Records are said to be the backbone of any organization. Yet they also represent risks, costs, and management challenges. In addition to rising storage, labor and administrative expenses, today’s changing legal climate brings liability. Tough enforcement of new regulations adds a litigation-readiness focus to the complexity of records management.
   
  A recent record management regulation requires all the companies to comply with the Sarbanes Oxley act, HIPAA or related regulations, small corporations are not exempted. We have been seeing more and more business houses affected by lack of proper document management due to tempering of records and natural calamities resulting in to several customer relation and legal issues. Data should not be changed or erased to ensure data Integrity and data must be shared securely only thro’ authenticated system.
     

 

 
 
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