OnBase Document Retention
Overview
The Document Retention module allows for the automatic destruction and removal of "qualified" documents that have exceeded their retention period and have not been marked for exclusion from the retention schedule. This qualification process varies, depending on whether a static or dynamic retention type is specified at the document type or Document Type Group level.
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Companies can use Document Retention to delete old, valueless documents that cost a company space, time, and money. A company may suffer fines, penalties or other legal consequences if it does not keep records long enough, or destroys them improperly. If kept too long, adverse parties may subpoena the records during litigation.