Companies and subsidiaries need to track many licences, powers of attorney, undertakings, and authorizations, inside or outside the country—whether issued by the parent to an executive, by Legal Affairs to an external firm, or between parent/subsidiaries. Without a unified record of validity and expiry periods, a commercial or legal action can stop because a power of attorney or licence has expired, scope is unclear, or an updated copy is missing.
The LAWMAX module manages company licences, powers of attorney, undertakings, and authorizations issued inside and outside the country, recording validity period, expiry date, authorizing entity, and authorized entity, with advance expiry alerts. Each power/licence is linked to the relevant company/subsidiary, supporting operational readiness while legal review of validity remains Legal Affairs’ responsibility.
