As legal counsel, staying on top of corporate housekeeping can be your biggest challenge, especially when it comes to entity management. As the central point for managing corporate records, company structure, compliance and risk across multiply entities, you want to be accurate and thorough in all that you do. And this can be hard if your info is spread across various spreadsheets and databases, as they simply weren’t built for such a task.
So if you find your current system for managing corporate housekeeping for your company and it’s subsidiaries a little fragmented, to say the least, then Claudia Jacobs, Privacy & Legal Officer at Vebego, can surely relate.
Vebego is a family company operating in facilities management and healthcare space. With more than a hundred companies and joint ventures spread across four countries, managing corporate records was once problematic. This all changed when her company decided to invest in legal software, Legisway, after seeing a demo.
Entity management all in one place
Like in many legal departments, Claudia’s old system didn’t centralise entity information in one place, so she wasn’t able to tie information about different entities together for reporting. It wasn’t user-friendly and had to be heavily customised, which came at a cost.
With Legisway, she was finally able to do away with disjointed systems that don’t speak to one another. “With Legisway, I can link all the information together: contracts, shareholders, companies, appointments and more. When I make a change in one place, the system updates everywhere. I don’t have to do it over again. It’s automatic.”