Document and Records Management: Controlling Information Risk and Aiding Compliance by DAM News Staff

June 26, 2009

Aarkstore announce a report “Document and Records Management: Controlling Information Risk and Aiding Compliance” through its vast collection of market research report.

We are now in the second wave of Document and Records Management, with many organisations that implemented DRM systems a few years ago now looking to replace or roll out their systems to a wider audience. The provision of solutions built on top of DRM systems has greatly extended the capabilities of DRM so that organisations are now able to bring together information from multiple sources –structured data as well as unstructured information – to complete tasks initiated by the DRM system.

There are two approaches to DRM: one is to deploy an Electronic Document and Records Management (EDRM) system that focuses mainly on DRM and workflow; and the second is to implement a much larger Enterprise Content Management (ECM) platform with additional capabilities such as Web Content Management, Business Process Management, and Digital Asset Management. The ECM vendors have also been much more proactive in creating vertical and horizontal solutions that sit on top of their platforms.

KEY FINDINGS
Despite numerous high-profile litigation cases, organisations are still laying themselves open to risk by not managing their information effectively.
A Document Management system cannot provide the level of information management required to prove compliance. Records Management is also necessary to impose the appropriate level of control.
Senior executives must understand their responsibilities for the management of information – claiming ignorance of poor practices is no defence.
Too many DRM implementations fail because organisations do not clearly define their objectives before they start.

Continues @http://www.prminds.com/pressrelease.php?id=7803