Ripcord cofounder Kim Lembo presents on applying new technologies to record management

1. Ripcord
The World’s First Robotic Digitization Company

2. Applying New Technologies to
Records Management
Kim Lembo
VP of Marketing & Co-Founder at Ripcord

7. Must start with understanding the
market need

9. “We thought we were spending
$2.40/box/year but ended up
spending $100/box/year…just to
store the records in a warehouse.”
Gregg McKenna
Sr. Director of Operations
A10 Networks

10. “It was taking us too long to respond to
auditors. My job is on the line if we fail our
next audit.”
VP of HR
Fortune 100 retail brand

11. “We almost lost a half-billion dollar lawsuit because our records
vendor lost some of the key case files. Luckily, we learned that a junior
associate had scanned the boxes years prior…if she hadn’t done that
we would have lost the case.” Former Sr. Associate, Top Global Law Firm

12. Deloitte &
Touche
PricewaterhouseCoopers
KPMG
Ernst & Young
Big four total
45
3
1
2
3
2
2
1
19
9
AUDITS FOUND
TO BE DEFICIENT
201
200
Source: Public Company
Accounting Oversight Board
The New York Times

13. Costs too much money
Records get lost
Hard to find information

15. The records industry is ripe for disruption.

17. What does this mean for records management?

18. Structured vs Unstructured Data

19. Supervised vs Unsupervised Learning
Using Machine Learning
& Natural Language Process
Important Everything else

20. Auto-classification
Using
Natural Language Processing
Dogs Cats

22. Provenancing
Faster Search
Security Incident Management
Disaster Recovery
Security & Data Protection
Better Policy Management
Chain of Custody

23. Mario Rosati, Partner, Wilson Sonsini Goodrich & Rosati
“We will extract more insights from them
if they are digitized.”

25. Title Text
From this warehouse…

26. To this warehouse.

27. Title Text
From this retrieval method...

28. To this retrieval
method.

29. From hard to
use & kludgy
software…

30. Enabled Enabled Enabled
Enable Enable Enable
Centralize Docusigned contracts and manage access Synchronize all of your Ripcord records with Alfresco. Easily sync your Ripcord records with O
Send patient records to Cerner’s EMR system. Synchronize your records with your enterprise Box Feed data from Ripcord into Workday’s HR
Integrations
To simple to use software.

31. Title Text
From broken compliance…

32. To automated compliance.
Management Module

33. Title Text
From this type of
approval process…

34. To this type
of approval
process.