Accounting Records Management
All businesses have legally required to keep accurate records of their financial transactions.
DOES POOR RECORDS MANAGEMENT AFFECT OUR ORGANIZATION?
Powered by Eventbrite DOES POOR RECORDS MANAGEMENT AFFECT OUR ORGANIZATION? If you find yourself asking this question every time it is suggested to you that you that your organisation needs Records Management, it is very likely that you have very little understanding of what Records Management is. It is also possible that your organisation suffers heavily the deficiency of of this critical BUSINESS FUNCTION . Records management is a critical business function for any customer or client-driven business, whether […]
How Healthy is your Corporate Records & Information system?
When we are sick, our bodies experience an information management crisis. What is happening is such a case is that, the critical supporting components of the body’s defense mechanisms are not getting the right information at the right time to facilitate the best possible reaction to the intruders. An organization – whether small, medium, or large; government, publicly traded, or private – is like a body: it can also get sick. The records and information that it creates and receives […]
Records Management: What C.E.O’s Should Know- Part 1
In an increasingly complex business world which we have inadvertently been ushered into by Information Revolution, it is compelling for organisations to be managed in a way that guarantees their survival in the heavily regulated environment. Not long ago, it was possible for a bunch of auditors to visit an organisation and carry out their audit task and in no time make light of events that transpired within the year regarding the finances, physical and Human Assets. It was a […]
Time to tame your Data/Records holding culture
SHOCKING FIGURES!! AND FIGURES DON’T LIE E-RECORDS: A RUNAWAY CHAOS!!! WHAT IS YOUR ORGANIZATION DOING ABOUT IT? I BET…… NOTHING With #Internet #connections getting cheaper and #APPETITE for more #data/ #information ever Getting insatiable, #Businesses are facing a BIG PROBLEM: their data isn’t growing, it’s #EXPLODING—exponentially. In fact, 90% of all electronically stored information was created in the last two years. And that data isn’t neatly organized in rows and columns. 80% of it is unstructured—#spreadsheets, #presentations, #photos, #videos—that […]
Spoliation: When the Past Poor Information Governance Strikes
Keeping business records is not only critical for any business operation, it is the a legal requirement when it comes to certain categories of records. Records pertaining to taxation, personnel matters, business registration, court decisions settlements , summons, meeting minutes, etc are by law expected to be maintained by businesses of whatever nature. The early days of any business are quite unstructured especially to those businesses that could be struggling to establish themselves. Even though the business activities may not […]
