Manage the Retention and Disposition of Archived Data and Documents
Increased data privacy and retention regulations, such as the General Data Protection Regulation (GDPR), are forcing companies to put solutions in place to retain business records in a compliant mode, safe from alteration or deletion. Information that reaches its “end of life” must be disposed of according to information management best practices, or the company will incur additional, unnecessary storage costs and may become subject to hefty fines.
Serrala's Corestone Retention Cockpit is a centralized and standardized software solution that manages the retention and end-of-life disposition of documents and data in SAP systems. It is a lightweight solution that meets the majority of corporate information retention requirements with much less effort than more robust solutions which can take years to implement and are difficult to operate and maintain. Members of the IT department can dynamically select records for disposition or identify records that need to be retained for longer periods of time due to legal holds. Once the information is identified, the solution routes the information to the relevant business user for review and approval and then disposes of the information according to SAP data management best practices.