Power of Attorney for Corporations

Power of Attorney for Corporations

Published on : 06/04/2020 06 April Apr 04 2020

For large companies, Legal Suite has designed and developed a module dedicated to the management of the organization of powers of attorney to contribute to legal and financial security within organizations. Its establishment ensures that best practices in governance and risk management are respected and improves reliability in monitoring the chain of powers of attorney.

POWER OF ATTORNEY: ENSURE LEGAL AND FINANCIAL SECURITY

The Power of Attorney module is the perfect complement to the Corporate Entities module and is the business partner of legal teams for:Generating documents for delegation and revocation on the basis of custom templates.Modeling, securing, and updating delegation systems within the company.Performing audits of powers of attorney, transactions, and authorized thresholds.

With the Power of Attorney module, you can :
  • Map powers in real time by type, person, or legal or operational entity.
  • Ensure the traceability of signatures according to the delegate and be alerted of ends of powers of attorney or breaks in the delegation system.
  • Keep a history of powers of attorney.

This module is part of Legal Suite’s GaLexy® product line.

History

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