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.
Read more about this topic: Transaction Data
Famous quotes containing the words records and/or management:
“In America, the photographer is not simply the person who records the past, but the one who invents it.”
—Susan Sontag (b. 1933)
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—Catherine E. Beecher (1800–1878)