Whitepaper
5 Common Myths about
Entity Management

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What you will find in this guide powered by effacts

As regulation, risk and responsibility are increasing, having a robust entity management platform is essential, especially when international borders are involved. Entity management has evolved into a time-consuming task. Manual processes are no longer sufficient to provide accurate business insights. Consider evaluating your own practices to determine how you could benefit from saving costs, maximizing efficiency and controlling your risks with a web-based entity management platform.

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  • Myth 1: I won't be able to track my organization's legal ownership
  • Myth 2: Software doesn't fit my organization's needs
  • Myth 3: I won’t have insight into my contracts
  • Myth 4: I simply need to manage my records better
  • Myth 5: I can keep using paper processes, I just need more storage.

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effacts is a secure cloud-based platform that allows legal departments to organize their information with a flexible configuration of modules:

    • Contract Management – track and manage your contracts from creation through expiration.

    • Claim Management – track and manage your organization’s cases and outside counsel activities.

  • Compliance Management – track and manage your regulatory compliance requirements and deadlines

effacts modules

Entity management

Entity Management

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Contract Management

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Claim Management

Compliance management

Compliance Management