Maintaining up-to-date and accurate retention schedules guides your organization on the life span of various record types. Depending on your state or your agency, FileBank adheres to specific guidelines to meet your firm’s retention guidelines.
Applying retention schedules to your record types informs an organization about items that must be kept for a certain number of years or permanently. Upon completion of using retention schedules, an Authority for Destruction list is generated annually to determine what is eligible for disposition.
Disposing of documents that have surpassed their retention period helps reduce storage costs while being compliant with state and federal guidelines for record disposition.