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Showing posts from October, 2021

5 Steps to Digitize Your Business and Stay ahead of Competition

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  The term digital transformation has become increasingly popular in recent years, amid the worldwide white noise about organizations investing substantial time, effort, and capital in digital transformation. With the introduction of COVID vaccinations, we may begin to imagine a time when the workplace will return to normal – whatever "normal" means. Let’s take a step back and address the most basic question: What does digitization reforming your business mean? It would be an understatement to suggest that the pandemic has influenced our lives. There isn't a single aspect of our life that hasn't been affected by technology, from how we connect with friends and family to our daily routines and workplaces. ●    People have discovered new ways to contact faraway friends regularly and be productive outside of the usual workplace setting in the last year. Many employees and businesses may no longer see the need to come into the office every day after almost a year of worki

Operational Excellence in Records and Information Management Underpins Organizational Success

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  This request isn't as strange as it may appear. It’s at the heart of effective operations. Your entire company's success as well as privacy is likely to be reliant on adequate records and information management. In many organisations, the role of RIM is generally undervalued. Anyone who has worked in this position is familiar with the responsibilities, including filing and retrieving documents, monitoring record management software, and filling shred bins. A tactical approach to record management in RIM ignores the notion that operational excellence in RIM minimises risk and allows for organisational adaptability. IDC believes that more total data will be created in the next three years than in the previous 30 years combined. The ability to quickly find information in response to demands from internal stakeholders, regulators, and litigators will increasingly differentiate the winners from the losers as the volume of data collected by businesses expands. The following example

Insurance Industry Is Prime For A Smarter Approach To Records Cleanup

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  You already know that records cleanup has a lot of advantages beyond meeting the transaction's requirements. If you're the divesting company, possibly destroying what has met retention standards can save you a lot of money and effort to digitize what the purchasing company needs.  You'll also save time and money when it comes to packing and relocating the paper records that need to be transferred. You’ll start with a clean, compliant file inventory that can be examined and mined for information if you’re the acquiring company. You save money and space by storing paper records required for compliance, and you spend less time thinking about the risk of keeping files that have passed the retention period. You could pause here and say, "We've been down this street before," or, more likely, "We never even ended up getting on the road." A divestiture of one of the many other trends affecting the business that are bringing file inventory levels and paper