When is it important to seek an Information Management outsourcing company?
Technology hasn’t eliminated paper. It has likely created even more. On average, an individual worker maintains 20,000 paper documents each year and spends 50 percent of his/her time managing those documents.* Not only can potential mismanagement of information cost your business time and money, local and federal laws are increasing dictating the ways in which you keep your company’s information secure yet accessible. Regulatory/Compliance In recent years new regulations concerning document management, retention and disposal have been enacted. In the US alone, the Fair and Accurate Credit Transactions Act, the Health Insurance Portability and Accountability Act (HIPAA) and Sarbanes-Oxley have been instituted. In addition, over 40 other countries have passed federal regulations concerning document management, retention and disposal. This increased regulation, combined with the growing epidemic of identity and intellectual property theft, has forced businesses to look more closely at the
