Control the Growth of Records Even though we are increasingly becoming reliant on electronic files, the amount of paper used in offices has not significantly reduced. If a record management company has been hired, an organization can control the creation of records or copies and retain only those records that are actually needed or are active. This controls the growth of records and thus reduces the storage space needed. Effectively Dispose Records The consequences of spending too much time searching for misfiled records can be quite severe; you may not only lose in terms of valuable hours but also lose our customers. This is why it is important to hire a Records Management company to retrieve and dispose our records in timely manner. Cut Costs, Save Time & Efforts Handling Records takes up a lot of time and money in terms of storage space, printing, filing and staffing to maintain an organized record system. It also takes a lot of time and money to search or reproduce lost records in absence of organized system, So Records Management Company can help save considerable expenses by reducing operating costs and improving efficiency of employees. Preserving Company Knowledge A company’s files are its knowledgebase, which forms an integral part of its future planning and decision-making. Every single record created in a business day is a potential background data for future management decisions and planning. These records document the activities of the company, which managers may use in future to research the workings of the company, so hiring a records management company is very important for preserving the company’s knowledge in organized manner. Security • Records Management Company offer a secure, climate controlled environment to store your vital and valuable documents. • They randomize the storage locations for your records throughout the facility in order to de-risk from unauthorized access or accidental damage. • They limit access to your records based on your pre-authorized security list. • Sophisticated security systems and strict access controls make the premises a much safer option than self storage units or your office storage facilities. Improve Profitability Easy and timely access to your documents would mean you can make critical business decisions more efficiently and on-time. Investing in sophisticated records management company could translate into more business efficiency and improved profitability. Avoid accidents Your own employees lifting or stacking heavy files and boxes there are more chances for injuries. Delays or an inability to produce required records for legal or audit queries could entail expensive fines or legal action. Relying on Records Management Company will help you to avoid such fines and protect your company’s brand reputation. Reduce Maintenance Every business comes under continued pressure for reducing operating costs. Outsourcing your records management requirement mean freeing up valuable real estate and spending less on resources, security, transportation, and moving equipment. Save Time Instead of dedicating critical man-hours to their core job, your staff may often spend time in sorting, indexing and filing papers, or retrieving records from a storage facility. The records management company has proven methods for classification and storage and provides speedy retrieval and delivery as and when you need any records. Additionally, the records management company offers scan and demand service, where they convert your required records into scanned images for immediate electronic delivery through secure channels. Remain Compliant Besides stringent access controls and tracking systems, they provide timely review reports that include retention scheduling as well as suggestions for records that you can dispose of. The records management company an stay abreast of all regulations and industry-specific norms applicable to your business, ensuring that you remain compliant on both preservation and destruction of records. They can safely shred redundant records, hard drives, and digital media in their facilities.