Business Ideas Why do we need to manage Record in an organization or company?

[Mataracy]

The word record mean keeping save of necessary information or document for future references.
What is Record Management?

Record management is the act of preserving essential records accurately in an organization and subsequent speedy retrieval as information for decision making.

And the aim or purpose of managing records are:
(1) To provide basic information for manpower policies,plans, forecasting and procedure

(2) To help management to know more about their work force,in terms of their educational qualifications,cognate experience,knowledge and skill of employees, their potentials, and placement opportunities.

(3)To provide information on how best to contact industrial or employees relation etc.

These are part of the benefit of
record managements.
Your idea and opinion may really help some one.

 

[btaliat]

Book keeping should not be commonised. Its usefulness cannot be over emphased. It is used to obtain loans in the banks. Banks do check the records of a company before granting loans. Aside this, it can serve as a reference and even used to determine the amount a company will be paying as tax.