Transaction Data - Records Management

Records Management

Recording and retaining transactions is called records management. The record of the transaction is stored in a place where the retention can be guaranteed and where data are archived/removed following a retention period. The format of the transaction can be data (to be stored in a database), but it can also be a document.

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Famous quotes containing the words records and/or management:

    “It’s always the generals with the bloodiest records who are the first to shout what a hell it is. And it’s always the war widows who lead the Memorial Day parades.”
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    —Germaine Greer (b. 1939)