Record Retention Schedule: What You Need To Know
Record Retention Schedule Template for EXCEL Excel Templates from www.xltemplates.org When it comes to managing the documents and records of your business, having a record retention schedule is crucial. This schedule outlines how long different types of records should be kept before they can be destroyed or disposed of. It is an essential part of any organization's information management strategy, ensuring compliance with legal requirements, protecting sensitive information, and optimizing storage space. What is a Record Retention Schedule? A record retention schedule is a document that outlines how long specific records should be kept by an organization before they are eligible for disposal. It provides guidelines on when records can be destroyed, ensuring compliance with legal and regulatory requirements while minimizing the risk of litigation and preserving important historical information. Typically, a record retention schedule categorizes records based on their type, such ...