Oracle Universal Records Management (Oracle URM) effectively manages content items on a retention schedule, which determines the life cycle of that content item. The focus of records management tends to be the preservation of content for historical, legal, or archival purposes while also performing retention management functions. The focus of retention management tends to be the scheduled elimination of content in which the costs of retaining content outweighs the value of keeping it. Oracle URM combines both record and retention management into one software system. You can use Oracle URM to track and to preserve content as needed, or to dispose of content when it is no longer required.