CT Corporation Debuts Business License Manager to Streamline Corporate Business Compliance Processes

NEW YORK, Sept. 15 /PRNewswire/ -- CT Corporation, a leading provider of Corporate Business Compliance solutions, today announced the general availability of its Business License Manager on CTAdvantage, the company's Web-based platform for entity compliance, due diligence and service of process management.  Business License Manager empowers companies to manage their business license compliance activities in one place, streamlining workflow and reducing error.  CT Corporation is part of Wolters Kluwer Corporate Legal Services.

Complying with jurisdictional filing requirements at all levels of government is a necessity, but one that is arduous, error-prone and resource-intensive. Noncompliance can lead to shutdowns and major monetary fines, negatively impacting legal and brand status across the globe. Jurisdictions are aggressively closing businesses and levying fines for noncompliance, as shown in recent headlines from New York, North Carolina and Florida. Looking to maintain future compliance, one company recently signed with CT Corporation after receiving a $20,000 fine for a $15,000 job as a result of noncompliance.

CT Corporation's Business License Manager consolidates and streamlines all business license filing and renewal processes in one place, improving efficiencies and reducing human error.  Business License Manager reliably tracks business licenses at all levels of government -- federal, state, county and local.  With built-in collaboration, it is the first online tool to fuse information sharing across operations, including legal, governance, compliance, tax, finance and other departments with integration to a full service provider of business license compliance solutions.

"We are committed to protecting our clients' brands and ability to do businesses in all jurisdictions around the world," said Diane K. Brown, executive vice president and general manager, CT Corporation. "Maintaining business license compliance can often be labor-intensive, but implications of fines and closures are too important to be ignored.  The introduction of Business License Manager for our customers adds a critical new layer to the holistic management of Corporate Business Compliance - delivering the right information to ensure compliance, enhancing professional and legal standing and helping to protect a company's brand."

Find out more about how CT Corporation helped a mid-size accounting and consulting firm reduce the time required to complete a business license project by 50 percent by clicking here.

About CT Corporation

CT Corporation is the highest quality provider of Corporate Business Compliance solutions.  Its offerings enable law firms and corporate legal departments to manage statutory representation for all their entities, complete corporate and secured transactions and maintain compliance as required by state and federal law.  For more information, visit www.ctadvantage.com.  CT Corporation is part of Wolters Kluwer Corporate Legal Services.

About Wolters Kluwer Corporate Legal Services

Wolters Kluwer Corporate Legal Services is a business of Wolters Kluwer, a market-leading global information services company with annual revenues (2009) of euro 3.4 billion ($4.8 billion) and approximately 19,300 people worldwide.  Visit www.wolterskluwer.com.

 

SOURCE CT Corporation