Can offices really save money by managing their records?
In addition to being asked why records are required to be maintained by Ohio Law, our department is commonly asked how records management saves money. Many people believe records management is cumbersome and not worth the effort. Surprisingly, if records management is actively practiced, departments will reap the rewards. Below are ways records management save money: 1. Saves valuable staff time retrieving and filing records. Last year, our department conducted a records survey and learned employees spend between 15-30 minutes to retrieve record(s) to perform a job function. ARMA International, the world's largest records management professionals association, stated $5,521 of an employee's salary is spent each year searching for records they cannot find. That really adds up! Practicing records management lowers records search times allowing employees to perform their duties more effectively thus reducing overall staff costs. 2. Creates more office space by removin