Integrate a Legal and Regulatory Compliance Success Plan with a Document Management and Content Management Solution Companies are now under the pressure of dealing with […]
Companies are now under the pressure of dealing with increasing legal and regulatory compliance orders. That means the necessity of keeping accurate, complete and secure records of all business transactions is at an all-time high.
The Sarbanes-Oxley Act of 2002, Gramm-Leach-Bliley Act, Government Paperwork Elimination Act, Electronic Signatures in Global and National Commerce Act, Health Insurance Portability and Accountability Act are just some of the regulations with which companies must comply.
The key to a successful compliance strategy is integrating the idea of compliance success into your business—not viewing compliance as a project that can be completed and then considered “finished.” Complying with regulations provides an opportunity to improve common business processes.
You can limit the risk and cost by developing proactive document management and content management strategies within key areas, such as Records Management and Business Process Management. Follow through on proper business practices by ensuring that content is properly captured, stored, managed, and disposed of at the appropriate and legal time in its lifecycle.