RecordsIQ
Records Management can be a solid starting point to realize bottom line financial gains. Approximately 50% of the data currently stored within a typical organization is old, obsolete or unnecessary to retain. Proactively following a records retention schedule and defensible data deletion policies significantly reduce legal and compliance risks, but also yield tangible ROI in the IT storage budget. Content and records management systems can provide very powerful control over information, but they offer little value if content never makes it into the system. This is the Achilles heel of records management - requiring users to go through manual filing process that they perceive as having little value to them. As a result, work-in-progress files and other content languish in unmanaged environments such as shared drives and desktops - out-of-site and out-of-control. Realizing the increased legal and regulatory risk this presents, many organizations turn to StoredIQ.
RecordsIQ Oversees the Entire Lifecycle of Electronically Stored Information
RecordsIQ, an innovative application built to run on the StoredIQ Information Intelligence Platform, enables your content to easily flow into your managed environments. RecordsIQ provides a custom-built interface for Records Managers, enabling them to identiy and manage potential records across the more than 100 common enterprise data sources. Once identified, content can be managed by the records manager's file plan, with retention periods enforced.
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RecordsIQ also enables records managers to examine and clean up unmanaged environments in accordance with their policies and procedures. The result - useful business information at your fingers and an estimated 50% reduction in files, providing a leap in productivity and hard dollar savings on storage, administration and potential eDiscovery costs.
Find and Classify Records Anywhere
The Records Management process begins with Identification - appropriately classifying files based on their content. Today, this process is typically done either by knowledge workers as they move files into a records management system or by more sophisticated tools, such as auto-classification, after a worker puts the file into the records management system. The problem is that both mechanisms require the worker to even start the process.
With RecordsIQ, records managers can proactively find, evaluate and classify files where they live, without requiring worker involvement. Using an intuitive web interface, users can create classifications of files according to their existing file plan. RecordsIQ is flexible, enabling both 'big bucket' retention schedules as well as more detailed and fine-grained file plans and retention schedules. Classifications can be built utilizing any combination of key words, over 250 out-of-the-box attributes, regular expressions and natural language entities.
Take Your File Plan Digital
Once you've found your records out in the wild, you need to act on them. Most corporations have spreadsheets (or even binders) filled with detail on how records should be handled - the how, where, when, and for how long of file management. What they don't have is the ability to bring this file plan into the digital world for acting on files where they live. With RecordsIQ, Records Managers now have a single interface for managing the complexity of their file plan across the entire enterprise. Once files have been appropriately identified and classified the RecordsIQ file plan manager enables the creation and tracking of a digital file plan.
Records Managers can decide how they want to treat records (copy or move from work-in-progress areas), where they want them put, how often do they want to retrieve records, what retention period should be set on them, and how long they should wait after a potential record in a work-in-progress area has been updated before acting on it. Plan creation is made easy with pre-built integration into leading content management systems and the ability to import simple to complex file file plan hierarchies. Finally, once the file plan is built, Records Managers can track progress with an at-a-glance dashboard that details how many records have been identified and how many are currently under management.
Clean House With Defensible Data Deletion
The ever-increasing amount of corporate data presents a problem to the entire enterprise. Workers are less productive because they can never find what they need, IT administration costs continue to rise and rise, and the legal team spends countless hours and dollars reviewing data that should have been deleted years ago.
With RecordsIQ, all this can change - Records Managers, working with Legal, can define clean-up plans for their different work-in-progress and retention areas, removing non-business and aged data that no longer has any value to the enterprise. Of course, RecordsIQ checks for any applicable retention schedules and legal holds before disposing of any file. An optional approval workflow is also included in the clean-up process - allowing workers to have the ability to review files that are scheduled for deletion.
Finally, Records Managers are provided with a dashboard to monitor the conveyer belt as files move toward destruction, giving them a view of how much data is scheduled to be removed.
ROI
- Reduce up to 50% of stale, obsolete and non-business data
- Significantly reduce IT investment in storage hardware and management cost
- Reduce downstream legal review costs by defensibly deleting data and eliminating unnecessary files for production.
Talk With Us Today
We'll be happy to talk with you about StoredIQ products and solutions. Call us at 512.334.3100 or contact us.