Digitalising entity management for good corporate governance
Corporate governance enables the management and the Board to overcome challenges around the
management of the organisation. It ensures that companies have effective processes and controls in place to
set and pursue business objectives in a social, regulatory and market environment context, while safeguarding
the interests of all stakeholders.
Good governance is the key to enabling well thought out decision making by the management. After all, conscious
decision-making enables sustainability and generates value in the long run.
The role of the legal department has been shaped by the increased significance of corporate governance.
In-house lawyers are expected to contribute to corporate governance by advising on relevant legal and regulatory
complexities and mitigating risks that can impact the business negatively in terms of financial and reputational
losses.
The key is to prioritise the value-generating activities. However, that might not be easy when the legal department is caught up with repetitive tasks. If the processes around corporate housekeeping are manual, you are looking at hours wasted on low-value work and exposure to risks due to delays and errors.
Discover in this whitepaper 5 ways to streamline corporate housekeeping processes to ensure good corporate governance.