Record retention can be a tedious task for many business owners, but it’s essential for the smooth operation of your company. The right record retention schedule ensures that your organization stays compliant with the law while maintaining a streamlined work environment. Knowing which records to keep and how long to keep them can be complicated, but a well-designed record retention schedule can help make the process more manageable. In this blog post, we’ll discuss how you can create a record retention schedule that will not only comply with the law but also reduce your stress levels.
Pharmacists are responsible for an extensive amount of record keeping, including records for patients, prescriptions, drug errors, health disclosures, and narcotic receipts. In order to comply with federal legislation, you must retain all documents for the minimum retention period before disposing of them properly.
Almost everyone knows the importance of shredding sensitive materials and documents. Criminals have grown more efficient at stealing valuable information from documents that aren’t properly destroyed. Shredding is one of the best ways to avoid identity theft and ensure your personal information is safe.
Many businesses begin to think about document purging during the winter, especially around the beginning of a new year. This term refers to shredding large amounts of files and documents. Organizing your files and paperwork should be done throughout the year. It can make deciding what to keep and what to shred easier. Document purging helps to protect your staff, customers and clients, and business safe from criminals and violating the law. Having a plan in place, knowing what to shred, and knowing how to shred can make document purging easier.
The oil and gas industry is expansive and involved in a wide range of regulatory regimes. As such, record and information retention for any oil or gas company is staggering. Many oil and gas businesses are also facing escalating costs right now, including costs associated with discovery. Developing a records inventory and identifying obsolete records are two of the key steps for reducing document storage costs and discovery expenses.
Many modern companies find themselves buried in mounds of records. Even a small start-up organization with a dozen employees can quickly become overwhelmed with piles of paperwork. It is easy to let this problem build until it reaches a critical state and then make a hasty decision about the records. Poor decision-making can threaten compliance with both legal and business requirements. As such, it’s best practice to create and implement a document retention plan.
In an age where more and more companies are creating and storing their documents electronically, document retention has become more important than ever. More than 99 percent of all company documents are created and stored electronically. Each day there are 60 billion emails alone that are created and sent. It’s much easier to store electronic data than physical data, but that doesn’t mean that you should hold on to it forever.
All licensed veterinary practices must adhere to relevant record keeping requirements for veterinary medicine. In order to comply with these guidelines in full, you must stay up to date on the various veterinary record keeping laws and practices.
Identity theft is a serious crime that happens more frequently than ever. When it comes to handling private information, it is important that every business knows how to properly dispose of it. In fact, the government has several laws in place to help make sure private information doesn’t fall into the wrong hands. But just what are these laws? Here’s a quick guide to some of the most important ones.
The proper disposal of sensitive documents is a vital part of any document management plan. A business must know what to shred and when to shred it in order to protect its security and comply with federal regulations. A security or data breach is the last thing any business wants to be responsible for. The best choice is to implement a shred-all policy.