Entity ReStructuring Simplified with LEAP – Legal Entity
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.
Identify changes in existing structure to model future state entities
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
For ad-hoc reports and charting capabilities
Drive Transformational Results
LEAP is a key cornerstone of finance business transformation designed to accelerate mergers and acquisitions or restructuring of legal entities.
Current economic and market conditions need agility from businesses to grow horizontally and vertically and yet stay lean. LEAP provides a platform to simplify and automate execution steps for new legal entity setups or closure. This enables businesses to significantly cut execution time and effort on business critical initiatives.
LEAP has been optimized to drive quick, impactful results for organizations of all sizes and across all industries. With LEAP, enterprises can ensure:
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
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