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What is the best business practice for data management (archiving/purging) for FCCS?

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Our pods are growing quickly. What is the best business practice for maintaining data, so the storage does not go out of control?

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We have our backups scheduled and such, but our assumption is sooner or later we need to draw a line in the sand and purge old data.

Is there a best business practice for archiving/purging data within the EPM platform? Documentation and/or recommendations?

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