Records and documents are the elementary backbones of any organization, it is absolutely necessary to store, preserve and manage those records so that they can be unitized later to drive future business growth. Be it in an academic sector or in the field of finance and banking, Smart record keeping is extremely essential to maintain the regular flow of your operational activities.

Now i am talking about few points of how recorded information helps in talking decision.

1.tells about cash in hands.

2.act as resource for new strategies.

3.helps in finding solutions for business issues.

4.Tells about the customer and service and employee efficiency.

5.Helps in monitoring company growth rate and profit.

6.How your business performs against your competitors.

7.Tells about hidden and unexpected costs.

8.And most of all it is the most resourceful advisor whenever your business is in serious troube.

In this way recorded information helps us to take decision.