Corporate compliance

Reduce the burden

Corporate compliance


Effective corporate compliance will cover both internal policies and rules and federal and state laws. The failure to comply with laws and regulations in a correct and timely fashion can have huge personal, financial and reputational implications.

Effective corporate compliance

Maintaining the regulatory and compliance requirements across multiple entities and jurisdictions using spreadsheets and calendar reminders very quickly becomes untenable and expedient. An entity management system that helps by embedding compliance rules and processes is essential if you want to prove you have a watertight corporate compliance program in place.

Reduce the burden


Dashboard

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:

  • RAG ratings to identify your ‘star’ entities and drawing attention to any ‘problem children’ before they become an issue.
  • Rules give you the flexibility to set up parameters to suit every type of compliance and apply them to appropriate jurisdictions.
  • Companies can be displayed by compliance reporting dates.

Give directors the support they need


Give directors the support they need

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:

  • An overview of the entities for which they sit on the board
  • Easy access to the minutes of their board meetings
  • Notifications to flag up impending deadlines to officers

The clouds lift and you have transparency across your entities


The clouds lift and you have transparency across your entities

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.