The latest update to Lextree for Entity Management includes a new report for ownership. The report shows the number of parents and subsidiaries for each legal entity. This is called the Ownership Count Report.
There are two benefits of the ownership count report:
An "orphaned" entity is one that does not appear in any org chart because it does not have parents or subsidiaries. The fact that an entity does not have parents or subsidiaries is not a problem per se. If, however, it is not by design then you have discovered an important gap in your organizational chart.
You can filter the report to show entities which have no parents, no subsidiaries, or neither parents nor subsidiaries.
At the other end of the spectrum, you can use the ownership count report to show which entities have the most parents or subsidiaries. This analysis allows you to discover potential risks associated with those entities. You can prioritize those ownership patterns for compliance reviews.
Understanding ownership concentration leads you to generate organizational charts that reveal the greatest number of connections.
To generate the Ownership Count Report:
Reports > Entities > Ownership Count,
Go to Reports in the main menu, then choose Ownership Count.
The report filter in Lextree is a powerful feature that helps you create the results you want. For the Ownership Count Report, you can filter on the number of parents and/or subsidiaries.
The result of the filter will display the legal entities in your corporate registry which match the requirements.
You can save the filtered report you create like any report in Lextree.
The Ownership Count Report is a "dynamic report," which means that it will always display the most current data about your ownership structure.
You can access your saved reports on the Dashboard or in the Saved Reports area.
Like all Lextree reports, you can print or export the report.
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