The role of the entity management system in underpinning modern governance practices is, by now, well established. Smart legal operations teams know that to get ahead and remain compliant with the ever-increasing burden of global regulation, they need to constantly be on top of their own organization’s movements.
The big question is: How do they actually achieve this compliance utopia? With a plethora of entity management systems on the market – and many more non-specific software pledging they could do the same thing as an entity management system if you would only configure things in a certain way – it becomes the role of the CTO, General Counsel, legal operations, and compliance and governance teams to work together to identify the system that is right for their organization.
