Reduce the burden
The dashboard in EntitySquared lifts the burden from the shoulders of the controller, allowing officers to quickly identify whether compliance is being met across all subsidiaries. The following features will also ensure you stay on top of your compliance requirements:
Most regulatory bodies require that the board have sufficient and effective oversight of their compliance program. Yet still very little time is given to this during their packed board meetings.
Now directors are personally liable they are likely to take more of an interest in compliance oversight. The best way to do this is to give them the technology to access this information when they need it. EntitySquared has features to help including:
Your main boards may have a board portal but others will simply be maintaining board information in disparate places. Even the smallest subsidiary will have board meeting minutes to record, director appointments and resignations and significant decisions. Centralising this information will make it easier for the holding company to ensure all boards are quorate and meeting corporate requirements.