Case Study: Large Construction Firm achieves $240K in annual savings with Athennian

a large construction firm saves $240k annually with Athennian

A large construction firm with over 150 entities worldwide was facing significant inefficiency and risk due to its reliance on a disorganized hard drive folder system for entity management. This antiquated system made critical documents difficult to access and created a high risk of compliance lapses. To solve this, the firm implemented Athennian's entity management software.

By adopting Athennian, the firm automated its compliance tracking and made entity data universally accessible. The solution delivered substantial results, including annual savings of $240,000 in outside counsel fees and a 50% increase in daily time savings for its legal staff. Athennian also eliminated the risk of registration lapses and streamlined processes like Know Your Customer (KYC) requests.