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Choosing the Right Entity Management Software

Entity management software is a valuable tool that enables companies to effectively define and manage their business entities across various locations. This sophisticated software allows businesses to effortlessly keep track of legal persons, subsidiaries, shareholders, and capitalization tables. Moreover, it offers an array of features such as document management, e-signature functionality, workflow automation, organization charts, and top-notch privacy and security measures. Notably, entity management software is widely utilized by law and accounting firms, corporate accountants, general counsel, and corporate secretarial teams to streamline their operations and enhance overall efficiency.

 

Best Entity Management Software

There is a plethora of software options available in the market that cater to the specific requirements of various industries. Below, we present you with a ranking of the highest-rated software by users in 2023, which also holds great promise for the present year.

Athennian

Athennian empowers businesses to build trust and confidence by assisting teams in becoming transaction, audit, and compliance-ready. This powerful software enables organizations to seamlessly digitize the management of entities, subsidiaries, and company structures, ensuring they meet the fast-paced demands of modern business and corporate transparency requirements. 

Athennian is addressing the challenges posed by the lack of transparency in private companies. By offering a modern software solution, Athennian aims to streamline corporate operations and consolidate ownership, governance, tax compliance, and other essential elements into one user-friendly platform. This approach helps businesses enhance transparency, promote trust, and prevent the misuse of entities for illegal activities such as tax evasion and organized crime.

Industries
  • Legal Services
  • Law Practice
Market Segment
  • 54% Mid-Market
  • 19% Small-Business

 

Klea

Klea is a combination of technology (a cloud-based ISO-certified workflow tool) & optional services for multinationals to get corporate secretarial matters (such as annual general meetings, officer changes, and legalizations) done efficiently worldwide. Klea is available as a SaaS or with the support of dedicated legal operations managers and collaborative lawyers in 80+ countries. 

Industries
No information available
 
Market Segment
  • 45% Mid-Market
  • 45% Enterprise
  •  

MinuteBox

Entity management cloud specialized for law firms and in-house legal departments managing corporations, trusts, LLCs, partnerships, and REITs. Advanced entity database, document creation and automation, instant ownership charts, cap tables, and e-signature integration. 

Industries
  • Legal Services
Market Segment
  • 64% Small-Business
  • 21% Mid-Market.

Diligent

This powerful software is purpose-built to cater to the needs of legal, governance, tax, finance, and treasury teams, empowering them to take the lead in centralizing entity data for improved processes, enhanced compliance, minimized risk, and support for strategic organizational growth.

Industries
No information available
 
Market Segment
  • 60% Enterprise
  • 40% Mid-Market


Deel

Integrates entity management with global payroll and contractor management functionalities, providing effective solutions for efficiently overseeing remote teams.

Industries

E-commerce
Crypto
Finance

 

Market Segment

70% Startup
30% Enterprises

To gain more insight into entity management software, you can explore software review websites like Capterra, G2, and GetApp. These platforms provide user reviews and comparisons of various software options, allowing you to make informed decisions. Additionally, you can also refer to industry reports that offer research on entity management software trends and provide recommendations. These resources will help you stay updated and make the most suitable choice for your business.
 
In conclusion, entity management systems are a crucial tool for businesses looking to streamline their operations and enhance efficiency. With features such as document management, workflow automation, and top-notch security measures, this software enables companies to effectively define and manage their business entities across various locations. To gain more insight into entity management software, it is recommended to explore software review websites and industry reports.
 

 

How we can help

At H&CO, we operate a cross-border approach to delivering Global Entity Management services providing a variety of support solutions as well as a host of other crucial entity management services for multinational organizations. We assign a single point of contact responsible for coordinating all activities related to your entity’s compliance.

To learn more about our accounting firm services take a look at our individual tax servicesbusiness tax servicesinternational tax servicesexpatriate tax servicesSAP Business Onehuman capital, and audit and assurance services.

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