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Record Retention Policy for Businesses: A Strategic Guide to Compliance and Efficiency

Armstrong Archives

Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. What is Record Retention? Key Elements A record retention policy is an organized framework that dictates how long business records should be kept before they are destroyed or archived.

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State of the Global Capture & IDP Market

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Data is extracted, validated, and augmented to create the required information for a business process related to an Accounting Workflow, Case Management type applications, to comply with Records Management requirements or to fulfill analytics or discovery needs. The Manufacturing sector recovered strongly in 2021.

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Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update

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The lack of Telecoms infrastructure and digital skill development presents a hurdle; however, where investments by local government or overarching organisations close the gap, they will enable in particular economies with young populations. For example, organisations in the Legal and Retail sector may see impressive ROIs.