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Article:
Need of Document Management System (DMS) by: Dr. Vikas V. Gupta Document Management or Enterprise Information Management is perhaps one of the most important of the enterprise solutions that will provide a solution to the various requirements of SOX. Several sections of SOX have a direct bearing on the manner in which the digital documents/records of the enterprise are created, reviewed, approved, stored, retrieved, transferred, and destroyed. Knowledge Management: Document & Records Management Estimates have been made calculating that a significantly large proportion (some say, more than 70%) of the documents owned by an enterprise are in digital format and might never be seen in hardcopy. According to Gartner's Editor in Chief James Lundy: Records management will become a top 10 issue for many CIOs in the coming year. In the following, we will discuss the various sections of SOX that a document management solution might help in complying with. SOX Sections: Section 302: According to Section '302
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