Outsourcing to CT Corporation can benefit your company by increasing bandwidth, giving you the ability to scale easily.
Some of the main benefits of managed services
- Free up staff from data entry to focus on higher-value work.
- Experts dedicated to your account who are an extension of your team.
- Proactive and timely data management; updates are made as new information is available.
- Receive alerts when updates trigger required compliance work.
- 24/7 access to your data.
- Answers on-demand including org charts, reports, and more.
- Meet internal and external stakeholders’ data requirements.
- Rely on a predictable cost structure with transparent pricing.
- Support for your business as it expands and grows.
The value of partnering with a services provider
The key benefits of working with a managed service provider include risk mitigation and cost efficiencies. CT Corporation’s managed services can serve as an extension of your company’s back-office team, allowing employees more time to handle more critical business tasks.
For instance, outsourcing is a great way to handle repetitive work that requires a high level of accuracy, especially during busy seasons. Transactions and expansions require attention to detail and it’s often hard to know if your legal team has accounted for all requirements and executed each step properly. One missed step can introduce risk.
As your company scales or takes on more global initiatives, entity management can be streamlined using a secure electronic platform that organizes and manages entity data, including officer and director information, organizational charts, DBAs, office locations, compliance and other deadlines, and more.
Not all services providers are created equal
Before selecting a managed service provider, here are a few key questions you should ask:
- What services does the provider offer?
- What technology do they use?
- Do they have the right legal expertise?
- Do they have a solid reputation?
- Do your peers recommend their services?
- Can they work without extensive oversight?
- Are their services flexible (based on demand or usage) and customizable based on project need?
How CT Corporation can help
Using advanced technologies and proven best practices, we help you improve efficiency, control legal spending, and optimize your legal operations.
CT Corporation’s managed services department can handle all your company’s needs from annual reports and entity management to business licenses, while supporting you wherever you do business.
Managed services FAQs
What is an example of a managed service?
A popular managed service is entity management. A trusted partner can help deliver an entity management solution that streamlines your business practice, reduces risk, ensures compliance, maintains good standing, and supports transactions.
A complete entity information management solution ensures that all transaction support and compliance activities are managed via a central repository. Such a solution can benefit multiple stakeholders, including paralegals, corporate secretaries, and auditors.
What all comes under managed services?
Managed services typically encompass the following:
- Annual report managed services: If your company has multiple entities across jurisdictions, managing annual reporting requirements requires careful attention. CT Corporation can help you keep up with statutory and regulatory requirements in multiple jurisdictions and file annual reports in a timely manner.
- Business license managed services: CT Corporation takes care of your business license renewals from start to finish. Reduce research time and the chance of making filing mistakes or missing important details. Save time on filing and tracking tasks. A dedicated person can help with all your needs and questions and ensure regular communication.
- Entity management: With entity management designed by compliance professionals for compliance professionals, you can automate entity data and integrate workflows - so you can access, use, and maintain entity data more efficiently.
- Assumed name managed service: Protect your good name. You can trust CT Corporation to keep your assumed names in good standing.
What does a managed service company do?
A managed service provider helps ensure compliance while eliminating repetitive, manual tasks – saving you time, reducing costs, and ensuring all parties have access to accurate corporate data.
