Retention polices for paper records and electronic
records are quite similar. The difference being there
are more electronic records to deal with. However,
defining what a business record is, and how long
it should be kept can end up being a debate.
Defining a business record
is different for each organization. Hence, if your
organization has multiple divisions such as human
resources, accounting and engineering, those divisions
will have different ideas about what a business record
is and how it relates to their areas of expertise.
State and Federal government regulations help define
what data has to be retained and what can be discarded.
