Businesses Lacking Document Retention Policies

Most companies have current document retention policies in place, but only about 33% of companies actively enforce such policies. That means, nearly 80% of all documents that are generated by a company are stored on users’ desktops, either on shared drives, or as e-mail attachments. Thus, protecting, accessing, and tracking documents with valuable intellectual and vital information becomes a very difficult and tedious task.

The use of record management software enables companies to implement document retention and risk management policies without enforcing unfeasible restrictions on end users and employees.