Industry association AIIM Europe has found that 40% of UK companies are worried that their electronic records may not be accurate, accessible and trustworthy. The survey, taken in advance of the AIIM Conference and Expo on October 25th and 26th, reflects increasing concern. In last years survey 27% of respondents were not confident in their record management procedures.
The flood of e-mails and a number of high profile court cases in the US have spread concern about compliance and corporate risk. Less than 45% of companies have policies on the length of time e-mails are retained and how or by whom they are stored despite the fact that over 70% use e-mails for contract negotiations, HR letters and financial transactions.
The theme of the AIIM Conference and Expo is compliance and efficiency through information and document management. According to AIIM, the business case for new systems includes both a measurable Return on Investment (RoI) as well as a potential Cost of Failure (CoF).
The AIIM Europe Conference and Expo takes place at the Hammersmith Novotel in London on October 25th and 26th, and is free for delegates.
Details at: www.aiimexpo.org.uk.