If you are responsible for legal matters in a multinational group, you will most certainly have thought about how a technology solution could support the increasing compliance burden affecting your legal department.
The basis is to support automation of data gathering in your organization in secure and efficient workflows and with full control of what every reporting person should perform on a timely basis.
To meet current and future filing requirements you need to collect and structure both current and historical data to retrieve it easily when needed. In addition, you may need to make sure you can retrieve data and convert it to different filing formats.
First you need to be in control of your legal entity structure and related entity information, since most legal processes you need to manage require this information as a base. Thus, it is important to be in control of how it changes over time as questions potentially arise several years after the filing process has been completed.
With this as a starting point you can utilize automation in the different processes. Our solution is developed to solve these challenges and to provide system support for several of other compliance processes as well as the digitalization of the legal department in a very user friendly and future proof way.
The flexibility of the solution is our modular approach which means that all modules are integrated with each other through the platform and exchange relevant information required in different processes which will increase the automation of your work. This means that you can, for example, manage the following areas:
How do we ensure that the solution always contains best practice in line with new and changing regulations?
We work closely with our customers and regulators, and thus make sure that the solution always contains best practice and meets new demands.
When you have decided what processes are appropriate to automate you must:
We support you in deciding:
If you have implemented the solution you can easily add a module which will be integrated into the platform and automatically get access to up-to-date information related to the existing legal entities. In addition, you may want to reuse existing roles and responsibilities that have already been set up in other modules, which minimizes your administration. Information that has already been collected and structured in one module will be linked to other modules to avoid double entry of data and increase quality.
Blika support you in migrating all your existing information into the solution and adding users and a reporting structure with clear roles and responsibilities. If necessary, we customize the solution to fit your requirements and integrate it with other systems. When you start using the system, all data and user information is already in place – you can start working with the solution immediately. We also train your personnel to manage the solution.
In the end you will have a solution which is tailored to your specific needs which you can grow with and easily scale up when needed.
We are always available for discussions on how to make the solution work efficiently in your environment. This means that you have access to 30+ years’ worth of in-depth knowledge around how multinational groups solve their data collection and compliance issues.
You will have access to our user support to ensure that your personnel can fulfill their reporting duties.
Since many multinationals have busy head office functions with limited resources and short deadlines, we can provide staffing services on a regular basis.
Digitalization of head office functions – what does it mean? Join us for a digital meeting and we will talk about your company’s needs and where you can start a digitalization journey with all of your group’s head office data.