If you’re still managing entity, ownership and compliance information with three ring binders, reams of spreadsheets and file folders, you’re all too familiar with the concept of wasting time. Every moment spent waiting for a copy of a document or the answer to a question means you’re getting less done. It also means needless delays and frustration for your clients. Corporate Focus enables your team to be more efficient and productive by giving everyone instant, self-service access to the information they need – whether they’re in the office, at a meeting, at home or on vacation.
Efficiency: Stop Wasting Time Waiting for Information and Documents
As one user put it: “We’re not in the business of making back-up copies of minute books.” Nor should they be. It’s costly and a waste of time to make an extra copy of a document or spreadsheet when everyone could be looking at the same copy when they need it. Imagine, the hours of time and effort wasted emailing and waiting for a copy of something you need right now, much less the time spent finding it … again. Someone has it. You just don’t know who or where it might be today. Why not use Corporate Focus to centralize the information and provide access to everyone? You can even send and receive activity reminders to help keep you and your staff on track from day to day. It’s efficient, effective and smart. It’s the way we all work today.
Accuracy: Reduce the Risk of Errors from Limited Access to Information
How many copies should there be of your most important legal and ownership records? If you’re not sure which version is the latest or which file has the particular set of information you need today, you can’t be confident that you have the right information to answer questions correctly. If you have to recreate a spreadsheet or report, the risk of error increases. If you can’t find it when you need it, your work doesn’t wait. You just do your work based on less information. Wouldn’t it be better if every time you needed a document or an answer to a question, you were using the same standard format, where the report was created from your live data, and you could find exactly what you were looking for every time. No more guessing or delaying a decision or analysis; the system’s drill-down capabilities allow you to dig deep for more details. Wouldn’t that increase your accuracy and your confidence?
Sharing: Provide 24/7 Access to Each Team Member
Whether you call it sharing, collaboration, or teamwork, none of us works alone anymore. Other people need your information to do their work or they need to see the work that you’ve done to work with others. This is particularly true at the intersection of legal and finance, entity and equity, governance and compliance. When an organization reaches a certain size or level of complexity, teamwork is the key to effectiveness. And the nature of complex and changing information is that people never know what they need until they need it. As a result, your clients and the entire legal team needs instant, self-service access to entity life-cycle information. They don’t want to wait and they may want to see it differently today from yesterday. With Corporate Focus, each person has immediate access to accurate, up-to-date information, reducing the level of frustration from waiting, time wasted, or getting the wrong answers.
