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:
“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.”
—Paddy Chayefsky (1923–1981)
“People have described me as a “management bishop” but I say to my critics, “Jesus was a management expert too.””
—George Carey (b. 1935)