Benefits of Records as per ISO 9001
Records Management System has several benefits such as improving efficiency, better traceability, and ensuring regulatory compliance.
1.
Enabling complete management of
records from creation to declaration to disposition.
2.
Minimizing manual work so
employees can spend more time on useful business activities.
3.
Automating tasks like
declarations, approvals, holds, retention and disposal to improve consistency
and precision.
4.
Managing physical and digital
records from a single platform.
5.
Investing in record management
software can prove to be helpful if a company has physical record management
system in place. The new record management technology can be assimilated with
existing records system to make the system stronger.
6.
If a record management system is
adopted, 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.
7.
The consequences of spending too
much time searching for misfiled records can be quite severe; you may not only
lose in terms of billable hours but also lose valuable customers. This is why
it is important to invest in a well-designed filing system that can facilitate
retrieving records and disposing of records past their end-of-life date.
8.
Litigation protection and
support, including risk management related to the existence or lack of proof of
organizational activity.
9.
Reduced Risk of data loss or
accidental record destruction.
10. Reliable Performance Evaluation of business Outputs.
11. Every company, public or private, needs a systematic program for
protecting its important records and information from disaster or theft. Record
management system preserves the integrity and confidentiality of important
records and safeguards it as per set rules. This disallows unauthorized users
from tampering with sensitive and important records.
12. Making relevant data easily accessible allows companies to take
decisions faster so that they can stay ahead of the competition or make an
informed decision. Records management software makes useful data accessible and
disposes off unwanted data, so that relevant data can be accessed faster.
Indexing and retrieval capability allows managers and authorized executives to
search and find files faster.
13. With the government becoming stricter about compliance issues, it is
necessary for companies to apply a good record management system and ensure
they are in full compliance with laws and regulations.
14. Improved protection of business records with sensitive or confidential
information.
15. Ability to deliver services in an efficient and timely manner.
16. Ability to support current and future research and development
activities.
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