Managing records in a divestiture or other transaction means separating what remains with the seller and what goes to the buyer. Analytics tools can help accelerate the project management process and reduce costs.
When a large corporation agrees to sell a portion of its business, the transaction introduces a divorce-like process to determine which party receives what materials in the corporation’s stores of physical and electronic files. Such a divestiture means that every function dealing with data and documents—from accounting to HR to R&D—is subject to review for its relevance to the transaction’s terms, protection of intellectual property, regulatory requirements, and legal hold.
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