The retail industry is a multi trillion-dollar industry that knows how to make money. With the holiday season upon us, retailers become busier than ever and see more people, more money, and more chances for people to commit identify fraud than any other time of year. Because identity theft is such a serious crime with serious consequences for everyone involved, the five major credit card companies have formed a mandatory set of requirements for every retailer to follow. This set of rules is called the Payment Card Industry Data Security Standard or PCI DSS for short. These rules require retailers to properly control credit card information so that it is safe and secure from identity theft. ECM systems such as ECMNOW! can help control both efficiency and security when it comes to handling customers’ credit card information. Check out some of the other benefits to using an ECM system to comply with PCI DSS standards.
- Data retrieval – In the case that you are being audited, the credit card information is right at your fingertips with a few mouse clicks. You can also relay information back to the original customer if necessary. Pulling the information up quickly for an audit will help you seem organized and prepared for anything when it comes to credit card fraud.
- Money Saving – Avoiding fines will save your company lots of money that can be spent on other, more important things to your retail business. ECMNOW! helps you keep track of all the information required by the PCI DSS so when you’re audited, there’s no question of where the information is located or if you have it.
- Security – All of the information you put into the ECMNOW! system is encrypted. You can also set the system up so that information cannot be accessed without the proper credentials and security rights to protect from people who shouldn’t be in the system getting into the system.
Complying with laws such as the PCI DSS standards can be very difficult. Allow ECMNOW! to take some of the difficulty and pressure off by helping you store and access the information easily, efficiently, and with less hassle than paper.
If you would like to learn more about Enterprise Content Management from Digitech Systems, please contact Micro Records Company, Inc. by calling 877-410-SCAN or visit MicroRecord.com! Digitech Systems offers its comprehensive ECM product suite exclusively through its Value-Added Resellers, like Micro Records.