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Key Challenges

Throughout the past few years, corporate legal departments have undergone a quiet revolution. Corporate governance is on everyone’s mind. The legal department is constantly handling everything from record keeping to managing entities. Managing the ever changing data, tasks and deadlines associated with maintaining the integrity of your entities is critical. There is also a need to share entity information across multiple departments within an organization while establishing and maintaining internal controls related to entity data and transactions. With increasing mergers, acquisitions, and dispositions, tracking historical entities data, changes in the lists of officers and directors, issuing new stock certificates, looking for copies of board minutes, and creating annual reports and written consents is challenging.

In the past, managing a legal entity’s documents and related information was a paper-intensive process. Today, the complexity of managing voluminous amounts of legal entity information, and the speed with which it must be made available to others within and outside a corporation is making progressive legal departments leverage the latest technological solutions.

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Lecorpio Legal Resource Management (LRM) for corporate legal advantage
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Lecorpio Entity Management application helps you in managing the entire entity management process. You can keep track of all historical information, charter documentation, securities ownership, officers and directors, powers of attorney and just about anything else associated with the legal entity.

Lecorpio Entity Management provides a centralized repository to manage all relevant information which ensures that each authorized participant has the latest and accurate information about the entities. There is no duplication of records, which minimize errors and omissions.

The application is completely web-based and provides distributed access and distributed data input. The data is centralized and with controlled requesters can generate their own reports.

With Lecorpio Entity management application, you can ensure that the corporate governance policy is adhered to from entity creation to entity dissolution.

 
 
 
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