Smart Sort financial services use case example
Iron Mountain Smart Sort helps the financial services identify retention schedules and destroy records to achieve efficiency and compliance screen reader support enabled.
Industry:
Finance
Challenge
Solution
Results
- Sorting through millions of files was cost prohibitive but Smart Sort's technology driven approach made it a cost-effective solution
- All files were identified, sorted and boxed by destruction eligibility year
- Safely and defensibly shred 3+ million files
- Reduced record storage costs by 33%
- Established a more seamless and efficient defensible destruction process
With Smart Sort, you can
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Easily Identify Destruction Eligibility
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Enable Box-Level Destruction
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Reduce Program Costs And Risks
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Improve Find Rates
Iron Mountain leverages data from your existing database and retention schedule to assess destruction eligibility.
Records will be sorted according to destruction eligibility year to simplify ongoing retention and destruction management.
Initiate immediate destruction of eligible records to reduce storage costs and mitigate legal discovery, audit and compliance risks.
At the completion of your Smart Sort project, you will have an up-to-date file-level listing that enables accurate and efficient records management.
Holding on to records longer than needed will only increase cost and risk over time. Stop wasting precious budget and resources simply to delay the inevitable. Turn chaos into compliance with this cost-effective solution that enables you to organise for efficiency, immediately destroy eligible information and, ultimately, eliminate unnecessary cost and risk from your records management program.
To learn more, contact your Iron Mountain account manager directly, or fill out this form to request more information. Include the words “Smart Sort” in the comments section.
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