Diligent adds AI tools to Entities for faster, smarter governance

Diligent has introduced new artificial intelligence features to its entity management software, Diligent Entities, aimed at improving access to corporate records for legal, tax, finance and audit professionals.

The updated solution now includes a refreshed user interface and several AI assistants. According to Diligent, these enhancements are designed to make essential corporate data more easily accessible and to integrate with existing enterprise tools, such as Microsoft Teams, to further streamline workflows.

AI integration

Diligent Entities now leverages purpose-trained AI to summarise, validate and share key insights from large data sets within a corporate record. This move is expected to increase efficiency and reduce risks associated with manual data management. The AI tools also aim to improve the accuracy of data, with automatic tagging and summarisation of documents included as part of the enhancements.

Four major capabilities have been introduced with this software release: an AI report generator and charting tool, AI-powered integration with Microsoft Teams, automated document import and summarisation, and an AI virtual assistant. The report generator allows users to create customised reports and charts with simple prompts, ensuring information is always current and relevant.

The deeper integration with Microsoft Teams enables governance data to be accessed and queried directly inside the Microsoft application. With the AI-powered assistant, employees can obtain instant answers to questions about entity data, supporting a self-service model within organisations.

Increasing demand

Organisational pressures from regulatory changes, workforce reductions in legal departments, and the widening complexity of compliance across multiple jurisdictions are cited by Diligent as key reasons for the expansion of AI functionality in its platform. The company notes that more than 70% of legal departments plan to increase AI usage over the next three years, seeking to maintain security and responsible AI practices while improving operational scale.

Diligent says the new features help organisations avoid risk, improve data integrity, and boost productivity throughout the entity management workflow. Users, who number over 100,000 monthly for Diligent Entities globally, will now be able to intuitively access and analyse governance information in ways that are designed to align with modern GRC demands.

Corporate commentary

Amanda Carty, General Manager, Compliance, at Diligent, commented on the new capabilities:

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 visualisations on the fly and establish a self-service model for peers. 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.

Product ecosystem

The addition of AI enhancements to Diligent Entities aligns with the company's wider strategy, which includes previous launches such as GovernAI and AI Risk Essentials, as well as the recent acquisition of Vault Platform, an AI-driven ethics and compliance solution. These moves indicate an ongoing investment in artificial intelligence as part of Diligent's broader approach to governance, risk, and compliance software solutions.