Records in any format, whether paper or electronic, by law must not be accrued and locally stored forever. In records management, determining record accrual, archival, and disposal procedures is called record scheduling.
All records must be scheduled and approved by the National Archives and Records Administration (NARA). This includes records accrued, entered into, processed in, and/or stored in electronic system databases.
The key to successful records management is having efficient records procedures in place that are fully integrated into your operations. IMC can help you work towards this goal.