We have reviewed the data you need to manage to comply with the Pillar 2 process. Below is some information on legal entity data that will be essential to control. Several new compliance tasks have been introduced that affect the tax department. These tasks require you to control your legal entities and data around the […]
How to succeed in automating and delivering org charts to the group In many organizations, maintaining and updating org charts could be challenging. Entities may have changed names, become dormant, or a change in the ownership structure has taken place. Changes such as these must be reflected in the org charts you maintain for the […]
In this article, we will look at why people decide to license a legal entity management solution. There are different reasons why you start using a legal entity management solution. Some reasons are similar for most groups, whereas others are very specific for some groups. There are also different reasons to utilize a legal entity […]
The legal department in a multinational organization often struggles to secure that it has control of their legal contracts. In this respect, you can divide the legal contracts into two main origination categories; Contracts prepared in a standardized environment, i.e., in a sales process. Contracts prepared “ad hoc” in Word with or without standardized templates. […]
Background The tax department manages many different processes where data control related to legal entity management and the legal ownership structure (Master Data) is vital. There are an increasing number of Tax-related obligations that require groups to file and disclose more data than ever before. Internationally the focus is on Corporate Tax Transparency, with the […]
In this series of articles we share some practical insights on starting your Legal Tech journey. As a Head of Legal in a multinational company, you will most likely have spent some time thinking about how your organization can start and implement efficient processes and digital solutions within your legal department. The need to be […]
In this series of articles we share some practical insights on starting your Legal Tech journey. As a Head of Legal in a multinational company, you will most likely have spent some time thinking about how your organisation can start and implement efficient processes and digital solutions within your legal department. The importance of this […]
In this series of articles, we share some practical insights on starting your Legal Tech journey. As a head of legal in a multinational company you most likely have spent some time thinking about how your organisation can start and implement efficient processes and digital solutions within your legal department. The need of being on top […]
Some practical insights on how to manage contracts in a large multinational group. Contracts are always very important to keep track of and they tend to become numerous over time. In addition, contracts are often complex and information seldom standardized. This makes it hard to monitor them in an efficient way. Our experience is that […]
