It is primarily for managing the evidence of an organization to reduce or mitigate the risk associated with it and has a major role in Governance, Risk, and Compliance(GRC).
Record & information is a document or data consciously retained as evidence of an action. HR Advisors can help you to distinguish between records and non-records (convenience copies, rough drafts, duplicates), which do not need formal management, SOPs etc.
•We can create your institutional or corporate memory. In determining how long to retain records, their capacity for re-use is important. Many are simply kept as evidence of a transaction. Others document what happened and why.