What Does Records Management (RM) Mean?

Records management (RM) is a general component of business administration that involves protecting and maintaining the most valuable data sets involved in operations. This area of business helps businesses to handle different kinds of paper and digital documents and resources for:

Techopedia Explains Records Management (RM)

In terms of practical records management, professionals often talk about a “document lifecycle”—this means that records management strategies must address the maintenance and use of records from the time they are created, to their use and travel throughout the business network, and eventually, to their placement in storage archives where they will most likely eventually be destroyed, both to manage costs and to minimize liabilities.