It goes without saying that your company's financial records are very important. But how long should you keep them for? The required record retention period for financial records must be closely adhered to. Here are some reasons why not complying can have a seriously negative impact on your business:
This is part two of a two part series. To read part one, click here.
Financial document management in Ontario, especially involving pension funds, must deal with the constant challenges of reducing risk and increasing accountability. By replacing inefficient paper processes, pension funds can do more with less. Automated document management and workflow reduces costs, eliminates error, ensures compliance, decreases risks, improves reporting and saves time.