Record management services provide documenting and storing critical records services for an organization. Since outsourcing non-core activities are familiar to companies today, this records management industry is also gaining momentum. The fundamental reason behind this includes the costs and effort needed to manage the own records room. These service providers will also digitalize and help […]
Organizations generate thousands of records on a day today basis. These records serve as supporting documents for proof of transaction and to be preserved for future references. while some might be critical, and others may not be so critical. However, the availability is a must. Managing the records in an organization is always a herculean […]
Logistics, a broad term comprises transportation, warehousing, and reverse logistics. In each of the cases, records generated daily are humongous. Physical records related to transportation are waybills, bill of lading, E-way bills, invoices, customs documents, and packing lists. Physical records related to warehousing are picking lists, inspection lists, GRN receipts, and contracts with suppliers. Physical […]
Pressure to bring new products to the market faster has never been greater. At the same time, records and information’s management is growing more challenging by the day. For pharmaceutical companies, efficient records and records management are a central part of demonstrating GXP compliance. Even as the use of electronic records grows, physical records continue […]
Elements of a State-of-the-Art Records Management Services Over the past couple of years, I have come to the realization that with the many changes taking place in our industry there is a new “State of the Art” in Records Management. This change has come about because of new market drivers combined with new vendor solutions […]
What is Checklist? Checklists provide detail for every step in a process, thereby keeping things organized. Can be used as a visual reminder, a way of prioritizing tasks and scheduling everything that needs to be done so deadlines are not missed. Simple and easy to use and very effective in ensuring you complete all the […]
When items are transported either domestically or internationally the delivery must be accompanied by the relevant documentation. The amount of documentation varies depending on if the shipment is within the country or to another country. Some of the important documents that needs to be preserved in logistics sectors are Bill of Lading The bill of […]
Control the Growth of Records Even though we are increasingly becoming reliant on electronic files, the amount of paper used in offices has not significantly reduced. If a record management company has been hired, an organization can control the creation of records or copies and retain only those records that are actually needed or are […]
Introduction to Records Management Records Management is to help the organization to keep necessary documents accessible for both business operations and compliance audits. Records management activities include creation, receipt, maintenance, use, and disposal of records. A record is content that documents a business transaction. Documentation may exist in contracts, memos, paper files, electronic files, reports, […]
In a split verdict, a 2-judge Bench of NCLT, Hyderabad in the matter of Trimex Industries Pvt. Ltd. v. M/s. Sathavahana Ispat Ltd. has referred to the President of the Principal Bench the question of – whether in an application filed by an Operational Creditor u/s 60(5) of the Code, the CoC can be barred […]
