Computershare: Facilitating Global Governance Framework

Managing business contracts with all the stakeholders— customers, vendors, employees, and suppliers—can be a daunting task. Most global firms are attempting to bring a synergy to the contract management process across multiple locations, while also conforming to the legal directives of each region. To comply with the changing and complex regulatory environments, global firms require a consolidated and comprehensive approach that can effectively handle contract administration, corporate governance procedures, and compliance from a centralized system. Attending to these changing market dynamics, Computershare has developed GEMS, a global entity management system that helps businesses establish a centralized approach to corporate compliance and transparency in reporting and risk management.

The GEMS platform automates global entity management processes, enabling companies to stay compliant and minimize business risks. By creating a single, consolidated global structure, it combines entity management practices, regulatory updates, and compliance changes across departments for effortless administration of corporate data and documents for business transactions and filings. With over 250,000 legal entities across 160 jurisdictions, GEMS helps many global companies improve their entity management processes.

Additionally, by automating corporate governance functions such as monitoring and certifying regulatory filings and entity incorporations, GEMS reduces the complexities associated with compliance and reporting. More so, GEMS also maintains an efficient subsidiary structure to ensure all legal entities across multiple jurisdictions are tax-efficient.

Andrew Moore, President, states, “Though managing contracts is a fundamental facet of any business, standalone contract management systems can be expensive.” The GEMS platform provides powerful contract management as an added functionality within its global entity management system to provide organizations with an opportunity to consolidate systems and costs. Moore adds, “There are also many benefits to having contracts tied to the same central repository that tracks your organization’s legal entities.”