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

Armstrong Archives

Keeping track of your records as a business has never been more important. Whether it’s maintaining regulatory compliance or simply making tax season easier, an effective record retention strategy is paramount. This act mandates the retention of financial records and audits for a minimum of five years.

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

Info Source

For example, organisations in the Legal and Retail sector may see impressive ROIs. These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications.