End-to-End Records Compliance Management (RCM)
As the volume and types of electronic records increase, and the requirements for retaining, managing and destroying those records grow ever more complex, organizations need a way to manage their electronic records to satisfy their business, legal and compliance requirements.
End-to-End Records Compliance Management defines the management of electronic records throughout their lifecycle to satisfy regulatory, governance, privacy and discovery requirements. Electronic records from disparate systems are automatically and/or manually captured, classified and indexed according to organization-defined policies, stored in a centralized archive on tamperproof storage, retained for specific periods based on policies, automatically and securely destroyed at the end of those periods. The entire process is fully auditable via a chain of custody.
End-to-end records compliance management operates on five basic principles:
- All records, regardless of format or originating system, are readily available to the appropriate people when and where they need them
- Records are proactively managed throughout their lifecycle, from initial capture to final destruction, according to policies and procedures established by the organization as well as by industry and government regulations
- Records are secured and preserved in their original format on tamperproof storage
- Every record has an audit trail to establish a full process chain of custody so the record is considered trustworthy in a court of law
- Records are destroyed as soon as their usefulness expires to reduce operational costs and eliminate potential liabilities
AXS-One’s award-winning technology has been critically acclaimed as best of class and delivers complete end-to-end management of corporate records.