records management

Records management (RM) is the supervision and administration of digital or paper records.

The goal of records management is to help an organization keep documention accessible for business operations. In the event of a compliance audit, a records management strategy can help the organization reduce the likelihood of penalties and sanctions. Documents often included under the records management umbrella include those related to finances, medical information, payroll, human resources activities and business strategy. 

See also: records information management

Contributor(s): Bianca Rawson
This was last updated in September 2013
Posted by: Margaret Rouse
View the next item in this Essential Guide: Why information governance drives good records management or view the full guide: Enterprise records management trends guide

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