Microfinance companies have been gaining a lot of popularity in the last few years and are now acknowledged as efficient tools for alleviating poverty. Most microfinance companies are performing excellently with outstanding track records. But, there are lots of challenges also coming in the way of these institutions.
Nowadays the government has become very strict on a document retention policy for microfinance companies. And this literally becomes a big problem form to maintain all the documents and keep them securely.
A Big Challenge To Overcome
Microfinance organization is exclusively working with lots of business transactions. So, the data stored is quite a lot and it is very important for businesses to maintain the security level high so that we can always have a proper data backup and access all the time and keep it away from all the wrong hands. Read More
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