The challenges of legal entity management

Your current situation likely falls into one of these categories: you have a state-of-the-art legal system that’s too complex, the tax team doesn’t have access to it, or you’re relying on Excel or PowerPoint for your overview. No matter which one it is, you’ll likely recognize some of these challenges:

Manual work

Creating a corporate overview manually with Excel or PowerPoint can lead to issues. Some examples of these are: manual errors, outdated information, no audit trail to track changes, and lack of version control or governance.

Latest version

You might not need entity information every day—but when you do, it has to be available. That means immediate access to the latest version of the legal structure. Unfortunately, it’s not always in your hands, and you’re often dependent on others.

 

Access

You might even find yourself in a situation where you don’t have direct access to the entity information you need. Perhaps there’s already a legal system you can’t access, or the latest version is hard to find. This means reaching out to the legal team for an update, which could arrive too late or may not be up to date when it lands in your inbox.

How Does Coperitas Solve These Challenges?

We focus on two must-haves to give you the best possible experience: a clear overview and a single place for all information and documents. Here’s how that comes to life in our tool:

legal tree and audit trail

A clear visualization

Coperitas provides a clear, automatically updated legal tree visualization of your entities. Any changes you make are instantly reflected for everyone—plus, all your information is stored in the same place!

Audit Trail

Need to track changes or see an older version of your legal tree? No more digging through old Excel or PowerPoint files, hoping you saved the right one! With Coperitas, you can go back in time with a single click.

information and documents

Central storage

Find all relevant entity information in one place. Not only do you get a clear overview, but you can also track every change ever made!

Document Management System

Need information on a specific entity or version? All related documents are stored in one central place for easy access.

A little extra

Already have a state-of-the-art legal system you’re happy with? No problem—Coperitas seamlessly syncs with your existing setup.

 

You may also like