A taxonomy in records management is a form of hierarchical classification of information produced and stored by employees. Taxonomy is a workflow in which staff allocate records to unit or departmental classification systems. IMA can give you an overview of how taxonomies work.
Records managers work with an organization's staff to create a system to manage information resources. The system may be digital or paper based, may use a ruling taxonomy or classification, and uses an interface for retrieval purposes.
As systems grow in size and become sluggish, they must be revised to meet current and future needs and expectations. IMA can help make these changes.
Improved File Integrity
Records management retrieval systems often suffer from missing files problems, and this puts a disproportionate stress on the system. Information Week reports that 3% to 5% of records are missing at any time. Loses for a Fortune 1000 company,, then, are as much as $5,000,000 (estimate) per year.