Learn what subsidiary management is and why it's important.
Subsidiary Management is a subset of [entity management] that focusses on the corporate governance management of corporations and their related subsidiary entities.
This is unique from standard entity management in that there are particular nuances and needs in subsidiary management that are not as present in entity management. For example, managing subsidiaries typically involves managing the same or similar officers, directors and share capital across many entities – sometimes 10s or 100s of related parties.
Accordingly, when using entity management software to manage subsidiaries, look for features such as bulk changes and saved entity types. These features make it easier to, for example, appoint or resign the same person as a director across scores of entities in one action or create a new entity that has the same share capital and governance as the existing related entities.