Organizations can now automate legal entity data health checks to identify, report and address discrepancies in real time
New York, NY, December 9, 2021—Diligent, the global leader in SaaS governance, risk and compliance (GRC), today announces the release of its company health check capability, powered by Dun & Bradstreet, within Diligent’s Entity & Subsidiary Management solution.
Diligent provides organizations with a powerful solution to automate core processes of entity management, including document creation, entity lifecycle management, reminders and alerts. Through the partnership, organizations can now tap into Dun & Bradstreet’s Data Cloud, the world’s most comprehensive index of business-decisioning data and analytics, to verify if their entity data matches what has been filed across global jurisdictions. This level of verification improves a company’s data quality, flags potential filing errors and outdated records, and reduces the risk of non-compliance with global and local data privacy laws.
“At Diligent, we are always seeking to partner with industry leaders like Dun & Bradstreet to add value for our customers and, in this instance, help them tackle time-consuming and tedious—yet extremely important—tasks,” says Ricardo Moreno, Senior Vice President, Worldwide Partnerships at Diligent. “The integration of our company health check capability with Dun & Bradstreet’s Data Cloud will help organizations have confidence in their records and enable them to stay in good standing through superior data quality, while freeing up time to focus on more strategic work.”
Through Diligent’s company health check capability, customers can:
- Identify data mismatches between internal records and external sources with ease
- Develop a long-term, systemic solution to maintaining entity record health through continuous monitoring, versus relying on point-in-time data checks
- Reduce the risk of non-compliance, and avoid fines associated with incorrect or outdated entity data
- Facilitate better controls and processes to remain in good standing, and to reduce the overall cost of compliance
“Adding the strength of Dun & Bradstreet’s Data Cloud and business insights will empower customers with greater transparency across their businesses while helping to drive better decisions,” remarked Nick White, Head of D&B Accelerate, UKI at Dun & Bradstreet. “Diligent’s customers can now harness tens of thousands of data sources to boost efficiencies at the operational level, giving the corporate secretary, general counsel and board of directors greater confidence in the data they receive, resulting in stronger governance practices.”