Fuel Growth and Profitability
Create sustainable legal entity structure with Enquero’s LEAP (Legal Entity Automation Platform).
Any new legal entity formulation or restructuring in enterprise is mostly driven by strategic growth or tax benefits. It can be development of new business, geographic expansion, mergers and acquisitions, shifting legal entity to tax-friendly jurisdiction or splitting for special economic zones. Although adding new legal entities can help enterprises begin operations quickly, it can be overwhelming and inefficient in the long run. It can also be disruptive since it impacts many functions. To reduce administrative and compliance cost and enable strategic alignment, enterprises want to rationalize and optimize the number of legal entities. However, many enterprises struggle to do so due to long execution lead times and associated price-tag.
LEAP helps enterprises add or restructure legal entities by simplifying decision making, and reducing execution time significantly through automating ERP configurations, data migration and testing effort. The secure platform provides ease-of-use and accelerated execution of M&A or restructuring across the enterprise.
LEAP provides a modular design for organizations that includes
Legal Entity Modeler
Identify changes in existing structure to model future state entities
Legal Entity Profiler
capture data attributes for legal entities restructuring needs
drive step by step decision making on requirements based on industry leading practices
to automate the configuration definitions of ledger and sub-ledgers of ERP system
review, approve and automate the entire setups in ERP system
Legal Entity Dashboard
for ad-hoc reports and charting capabilities
Enterprise-Grade But Simplified
LEAP is a web-based software application and methodology that is built on next generation open technologies and leading ERP platforms.
It can be used to model existing or future state complex entity structure and delivers the outcomes that organization needs. Organizations will hit the ground running and reap benefits quickly with a multi-user, role-based, connected, secure and intuitive platform.
With LEAP you get
- A Cloud-based or On-Premise Platform – flexible deployment options and eliminate the time and cost associated with installation, administration and maintenance
- Focus on Efficiency – from an intuitive user interface to flexible and configurable setups as well as ad-hoc reports and dashboards capabilities, LEAP supports only those essential features and functions that deliver results
- Tangible Value Creation – from the very first Legal Entity assessment, get tangible benefits and experience immediate ROI
As a Fortune 500 company, you can imagine the large number of legal entities we have and managing them was time-consuming and costly. But as part of our engagement with Enquero we have been able to leverage their LEAP product to automate entity formation, closures and divestitures which has reduced the time spent on each of these activities from months to weeks.
Fortune 500 Consumer Goods Leader
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