Safeguarding Your Company Against Risk And Cost

If you’ve ever been sailing, you know that there’s one piece of equipment you never leave on shore:  your life vest.  That’s because you know you need to be prepared for any storm or mishap that may come your way.

When it comes to your business, a records management program should be as important to you as a life vest is to a sailor. In a very real sense, records management protects your business.  It safeguards your company against the risk and cost of content and provides a way to verify the integrity of your business practices.

It may seem odd to think of content as a rick. We’re used to think of it as an asset, which it certainly is.  It represent your accumulated intellectual capital and your competitive edge. However,  content can also be a liability. Content that is mismanaged – kept too long and not properly disposed of, stored without context, or deleted when it should have been kept – can create problems for your business. Fines and lawsuits are some of the dangers. Lost productivity is another.

Read this whitepaper, “OpenText Records Management: Safeguarding Your Company Against Risk and Cost.