Diligent, the AI leader in governance, risk and compliance (GRC) SaaS solutions, announced the release ofAI enhancements to Diligent Entities, a powerful solution for transforming entity and subsidiary management and elevating governance.

With over 100,000 monthly users, Diligent Entities is already the trusted system of record for global governance data. These new AI capabilities take that trust even further — making it actionable, intelligent and proactive.

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Diligent Entities leverages purpose-trained AI to synthesize the corporate record, by summarizing, validating and sharing key insights instantaneously. These new capabilities will improve the efficiency and effectiveness of legal and compliance professionals, as well as their stakeholders in tax, finance and audit, by making essential corporate data easily accessible and integrating seamlessly into existing systems and tools like Microsoft Teams.

Increasing regulatory pressure, shrinking legal headcount, and growing complexity across jurisdictions are forcing organizations to evolve processes. To meet these challenges, more than 70% of legal departments plan to increase AI usage over the next three years, with dynamic systems like Diligent Entities playing a crucial role in scaling efficiently while maintaining the highest levels of security and responsible AI practices.

The newly enhanced Diligent Entities offering helps organizations avoid risks, improve data integrity and boost productivity at every step of the entity management workflow. Key features include:

  • AI Report Generator & Charting: Creates custom reports and charts with simple prompts, ensuring up-to-date and relevant information.
  • AI-Powered Microsoft Teams Integration: Access governance data and get AI-powered answers directly in Microsoft Teams.
  • AI Document Import & Summarization: Automatically tags and summarizes documents, saving time and reducing errors.
  • AI Virtual Assistant: Provides instant answers to entity data questions, making information easy to access and improving efficiency.

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“Our new AI capabilities in Diligent Entities are designed to empower our customers with a trusted, AI engine allowing them to find director and entity information faster, create reports and visualizations on the fly and establish a self-service model for peers,” said Amanda Carty, General Manager, Compliance, at Diligent. “By integrating these capabilities within the Diligent One Platform, we are creating a seamless, closed-loop governance system that keeps all stakeholders aligned and informed.”

The release of AI enhancements for Diligent Entities builds upon the organization’s track record of innovation with GovernAI, AI Risk Essentials and the recent acquisition of the Vault Platform, an AI-powered ethics and compliance solution.

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Source – businesswire

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