TRUSTED BY 25,000+ CUSTOMERS WORLDWIDE
The Total Economic Impact of
Diligent commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying Diligent Entities for legal entity and subsidiary governance.
Key results on the impact of Diligent Entities include:
- 318% ROI and $880K NPV over three years
- 90% cost reduction on day 1 in outsourced entity management work
- 70% time savings in data gathering, entry and management related to entities
- 65% reduction in time spent preparing for external entity reporting events
- 85% time savings in addressing entity data-related requests from other departments
The Total Economic Impact of Diligent Entities
Download the full study to see how Diligent Entities clients improve confidence in data, significantly reduce burdens on their legal teams and reduce entity and subsidiary management risks.
“What Diligent Entities allows us to do is to have a single corporate record [to] confidently build a system and process. This results in internal areas throughout the organization to confidently consume legal entity data for filing, business decisions, or other operational and risk purposes.”
“When you’re dealing with an international team, you have someone in Europe, Asia, [and the] US all trying to share documents and data. … [So,] you want to ensure security. With Diligent Entities, we automatically reduce the exposure these data and information have to external parties.”
“By moving to the Diligent Entities cloud solution, we were able to reduce the total cost of ownership for our entity management application by 54%.”
“Addressing requests from internal stakeholders previously [required] probably 75% of our employee’s time. Now, it’s probably 10%, so [that’s] significant time savings.”