Almost 90% of Organizations Report Entity Management Challenges. Amongst the most common are:
• Meeting rapidly changing compliance requirements.
• Absent or antiquated entity management processes.
• Inaccurate and/or siloed corporate records.
• Ineffective technologies to support entity management.
Given the challenges, it’s unsurprising that around 20% of entities have been out of good standing with regulators within the past two years.
Athennian has maximized Dentons, Bingham Greenebaum LLP (DBG)’s efficiency in corporate entity creation, reducing the time from four hours to 30 minutes. "It's really streamlined the workflow," says Rhoda Everhart, Corporate Paralegal. "Now, when a client wants us to create an entity, it's just half an hour, and we have it set up in the system. We can even file their articles with the secretary of state."