
Last weekend I was trying to find a photo for a charity event I've been involved with for many years. I spent over two hours looking through folders in two different computers and through several boxes of physical photos until I finally found what I was looking for. I was so frustrated by the time and effort it took to locate, that decided it was time to consolidate and organize our family photos. I want to preserve these important keepsakes and make it easier to find what I need the next time. I found myself drawing a parallel to one of the challenges still facing companies today in their RIM programs.
Consolidate for time and cost savings not just for compliance
Many companies store their physical and electronic records in so many different places with so many vendors. This inevitably leads to access, audit, litigation discovery and compliance challenges. In addition, it drives up total cost of ownership and personal frustration not knowing whether you can find what you need when you need it (similar to my photo experience).
This is somewhat surprising given most organization's understanding of the growing compliance obligations surrounding their business records and importance of a well-designed and executed RIM Program. In addition, the resurgence of Procurement groups as more strategic, value-add contributors to their company's business success has led to a focus on reducing the number of vendors, business process improvement and total cost of ownership over simply pitting one vendor against another for unit pricing. So, why haven't more companies pursued the advantages of simplifying their programs?
Take a Proactive and Risk-Based Approach
Perhaps this can be explained by preconceived notions regarding the cost, staff, resources and time it will take to do so. Clearly it's not realistic to think that you can consolidate all records into one vendor and system. We all wish this silver bullet existed, but it doesn't today. Companies that have been successful pursued a risk-based approach to vendor and system consolidation which allowed them to gain control and simplify management in a cost effective manner. Be proactive! Don't wait until you have that major trigger event that turns your world upside down and could cost your company millions and potentially your job along the way.
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
02/05/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
01/05/2026
January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...
01/04/2026
January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION
Douyin Users Can Now Create And Share Videos With Stun...
23/02/2026
L3Harris hypersonics concept illustration....
23/02/2026
By combining their innovative spirit and technical expertise, L3Harris engineers are solving our customers most urgent challenges and shaping a better tomorrow....
23/02/2026
aconnic AG (ISIN: DE000A0LBKW6), Munich, will present its latest cybersecurity, ...
23/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
23/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
23/02/2026
Back to All News
Netflix Greenlights New Romcom Film Messily Ever After' (...
23/02/2026
Back to All News
Netflix Announces £1 Million Donation To National Film And Television School
Social Impact
23 February 2026
GlobalUnited Kingdom
Link copi...
23/02/2026
Audience peak of over a million on RT 2 as Ireland beat England in the Six Natio...
23/02/2026
As technologies and systems become more digitalized and connected across the world, operational technology (OT) environments and industrial control systems (ICS...
21/02/2026
With Software Defined Broadcasting more established in Milan Cortina look for Los Angeles 2028 to have less hardware and more cloud-based software systems...
21/02/2026
The SVP of Olympic Operations on turning CAD drawings into reality, building tru...
21/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/02/2026
Back to All News
Netflix Unveils the Trailer of Accused', A Psychological ...
20/02/2026
Gravity Media and Los Angeles-based Green Couch Entertainment announce a strateg...
20/02/2026
IMAX announces it is working with Apple TV to bring the 2026 FIA Formula One Wor...
20/02/2026
Daktronics has partnered with the Philadelphia Phillies to design, manufacture, ...
20/02/2026
ESPN announces the upcoming launch of Women's Sports Sundays - a first-of-it...
20/02/2026
As the Seattle Seahawks and New England Patriots faced off in the NFL's biggest sporting event of the season on Sun., Feb. 8, Sennheiser wireless solutions ...
20/02/2026
ESPN announces its 2026 Major League Baseball spring training schedule, which includes four national games on ESPN, six games on ESPN Unlimited, and more than 2...
20/02/2026
Open Broadcast Systems, which specializes in software-based professional video transport, has added support for 200 Gigabit Ethernet to its range of encoders an...
20/02/2026
Chyron announces the release of PAINT 10.3, which is designed to help analysts and operators turn live action into clearer, faster on-air storytelling.
PAINT 1...
20/02/2026
With full squad workouts underway, MLB Network's live Spring Training game s...
20/02/2026
Tech enhancements, marquee productions are expected to take advantage of a summe...
20/02/2026
In-venue and creative video staffers at the professional and collegiate level ha...
20/02/2026
Ratings Roundup is a rundown of recent rating news and is derived from press rel...
20/02/2026
Speaking with SVG Europe after one of Team GB's greatest days at a Winter Olympics, BBC Sport's head of major events, Ron Chakraborty, explains the broa...
20/02/2026
Making Winter Games Olympic magic is the goal for every broadcaster in Italy cov...
20/02/2026
Curling, one of the least-dangerous Winter Olympic sports, is dominating the Mil...
20/02/2026
BBC Sport's presence at the 2026 Winter Games is centred around a significan...
20/02/2026
BBC Sport is bringing together its linear TV and streaming digital arms in a str...
20/02/2026
To broaden the appeal of winter sports at Milano Cortina, the BBC has integrated...
20/02/2026
Just in time for the start of Apple TV's inaugural season as the exclusive U...
20/02/2026
One big challenge was to depict the character of each of very different and wide...
20/02/2026
(L-R) Writer-director Amanda Kramer photographs the photographers at the premiere of her film By Design at the Library Center Theatre in Park City. (Photo by ...
20/02/2026
In our latest blog, Tim Pearson explores the impact that increased memory prices are having on the consumer electronics market, and particularly the set-top box...
20/02/2026
Calrec Type R: Shaping the Future of Radio from the Heart of Flirt FM
Love may have filled the airwaves last week for Valentine's Day, and we've just c...
20/02/2026
NEW YORK - February 10, 2026 - An estimated 125.6* million viewers watched Super Bowl LX on Sunday, February 8, according to Nielsen's Big Data Panel meas...
20/02/2026
NEW YORK - February 19, 2026 - Nielsen today shared updated and final Super Bowl...
20/02/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
20/02/2026
A leading global investment bank, with offices at Two International Finance Centre in Hong Kong, partnered with systems integrators Global Vision Engineering (G...
20/02/2026
Rise AV and Rise Broadcast, the global not-for-profit organisations dedicated to improving gender diversity across technical industries, have today announced a ...
20/02/2026
Open Broadcast Systems, the leader in software-based professional video transport, has added support for 200 Gigabit Ethernet to its range of encoders and decod...
20/02/2026
Signiant today announced the formation of its Customer Advisory Board (CAB), bringing together a select group of customers to collaborate on product strategy, r...
20/02/2026
PTZOptics today announced the launch of its Visual Reasoning initiative that makes video more actionable by combining robotic PTZ camera systems, AI, and open i...