In the records-intensive environment of the accounting and
risk management sector, having a comprehensive records management
program in place is critical to the success of your organization.
The right records management program guarantees the security
and accessibility of your paper and electronic documents,
saving you space and labor costs in the process by organizing
your information more efficiently.
And in today's world of stringent regulatory requirements,
privacy legislation, Sarbanes/Oxley rules and increasing
litigation, your RM program must also keep you compliant
while reducing the risk and cost of litigation, without impacting
your ability to deliver a high level of service to your internal
and external customers.
For any RM program to be effective, it has to be a daily
priority across your entire enterprise. This has traditionally
been one of the biggest RM challenges for the accounting
and risk management sector. At TAB, we understand that
part of the problem is time constraints and lack of expertise.
We will work with your people to facilitate the adoption
of RM policies and practices at each level of the organization
and across business units. We can act as your eyes and
ears on records management, a partner who is constantly
thinking of RM on behalf of your firm, someone who can
knowledgeably lead change where appropriate.
We've helped countless organizations raise awareness of
records management, and you can read a case study detailing
our approach here.
In today's business environment, the importance of privacy
legislation, increasing regulatory scrutiny, the frequency
of litigation, as well as storage constraints and escalating
costs are just a few of the factors that have made good
records management practices a must. This changing environment
has presented new records management challenges for financial
institutions:- Development and application of retention strategies
- Strengthening the security of vital client records through
digitization
- Distinguishing records that need to be kept in original
paper format
- Making e-records use more palatable
- Classification of records that are stored off-site
To meet these challenges, TAB can help you:- Guide the design of a retention strategy that will simultaneously
reduce storage costs and the risk of non-compliance by identifying
appropriate records retention schedules
- Coordinate the design of a digitization program that considers
the requirement for parallel maintenance of paper versions
of certain vital records
- Restructure information capture so as to make usage of
the information in the electronic format more user friendly
- Upgrade your system for classifying records that are to
be stored offsite, leading improved usage on the part of
employees
For 50 years we have been helping major North American accounting
and risk management companies implement the right RM programs
and manage their RM projects. We provide expert advice
to ensure their records systems are compliant, efficient
and cost effective. TAB records management professionals
will benchmark your document management practices against
best in class systems. From electronic imaging and bar
coding financial applications, to mutli-branch record consolidation
and color coding collateral files, TAB will provide you
with the best solution to manage greater file volumes more
efficiently and in less space. Our solutions can even allow
you to manage more records with fewer people. Whatever
your records management issue, TAB can help.
Space Planning in Records management, Doing More With Less
Best Practices in Mergers and Acquisitions
File Merge and Conversion at Manitoba Finance
Financial Case Study: Outsourcing the Production of Color-Coded
Files at a Major Financial Institution
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