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Effective and efficient classification of information assets are an integral part of enterprise risk mitigation. Without it, challenges will arise when data and records are requested because they will be difficult, if not impossible, to find and validate in a timely manner. These assets
could be called into question in any of the following occasions:
- Tax audit
- Compliance audit (governmental or internal)
- Litigation
- Governmental and internal investigations
- Mergers and acquisitions
In addition, information and records depreciate over time
and can end up on the wrong side of your balance sheet, if not properly managed.
A proper records and information management
program ensures that these assets, in either hardcopy or electronic form, will
be available, accessible, protected, maintained and disposed of as appropriate
at the lowest possible cost to your business. Today over 93% of all assets originate in electronic form which
thereby raises the bar when it comes to establishing a solid, credible program.
At eKp, we have industry experts in developing and implementing an effective records management process. In every case, our goal is to create processes that are minimally intrusive with maximum effectiveness. Our services include:
- Develop and implement records management processes and procedures
- Ensure retention policies are current and defensible
- Implement records management classification systems
- Proactive data maps kept up to date as part of the
normal course of business
- Records disposition processes and procedures
- Develop and implement employee communication and
education plans and processes
- Audit records management programs and assess compliance
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