Every one of an organization's documents, no matter its purpose or length, has a lifecycle. That lifecycle begins with a document's creation, continues to the capture of the document's data, then goes on to storage and finally, to either destruction or archival.
What happens in each of these stages of the document lifecycle can have a significant impact on the organization, whether that organization is hoping to see continued business success or is trying to manage a change of circumstances in uncertain times.
This guide explores how a business or other entity can best handle document lifecycle management to achieve the goals of:
- Optimizing its overall data management strategy
- Increasing its operational efficiency
- Improving its regulatory compliance
- Saving significant money in the process