You are here:  Home  >  Education Resources For Use & Management of Data  >  Data Daily | Data News  >  Current Article

FileTrail Advances Information Governance with New Enterprise Retention Workflow

By   /  August 17, 2017  /  No Comments

by Angela Guess

A recent press release reports, “FileTrail, a leader in next-generation records management software, announces development of a new solution for federated retention management across multiple document repositories. FileTrail Enterprise Retention incorporates internal retention policies and outside counsel guidelines to apply the appropriate policies to each client and matter, ensuring timely and automated disposition of documents. The FileTrail Enterprise Retention workflow aggregates data from across document repositories. Documents are classified and the proper firm policy or OCG policy is applied, then the documents automatically go through the disposition workflow review cycle based on the calculated disposition dates. This process guarantees compliance and defensible disposition.”

FileTrail President Darrell Mervau commented, “Law firms continue overspending on storage of electronic documents and physical records past their destruction dates. Even worse, they are subject to unnecessary risk from the inconsistent application of their stated retention policies… Enterprise Retention is designed to help firms move away from a reactionary approach to dealing with retention to a proactive workflow that automates the process, saves money and reduces risk.”

The release goes on, “Industry-leading global consulting firm InOutsource has partnered with FileTrail to assist law firm clients with implementations of information governance solutions. Nancy Beauchemin, CRM, president and founder of InOutsource, offers, ‘While firms often have suitable retention policies in place, many fail to execute against them in a consistent manner. FileTrail’s new Enterprise Retention system further enhances its leadership position in managing compliance for retention and disposition systems’.”

Read more at Marketwired.

Photo credit: FileTrail

You might also like...

Smart Data Governance: Ensuring Regulatory Compliance with Smart Availability

Read More →