Overview
ORCA's completeness checks ensure that all the relevant documents for your Structure chart are perfectly stored. ORCA automatically checks for the presence of all the required documents and data for a structure, creating actionable tasks for any missing items.
Benefits of using completeness checks in ORCA:
- Gain peace of mind by knowing that you have everything needed to be compliant
- Save time by no longer having to manually check your files or details are missing
What are completeness checks?
Completeness checks are a feature provided by ORCA that allows you to ensure that all relevant documents and required information for your structure chart are perfectly stored and filled in ORCA.
Why should I use completeness checks?
Use completeness checks in ORCA to gain peace of mind, knowing that you have everything you need. You can save a lot of time by no longer having to manually check your files and details of your structure.
Does ORCA check for every missing document?
Our completeness checks focus on the most important files that are considered must-haves.
If you believe that something important is missing, please reach out to us with your suggestion. We will be happy to have a conversation with you about it.
How do completeness checks work?
ORCA's unique information organization system enables it to automatically check whether all the necessary documents and data required for a structure are present in ORCA. If anything is missing, ORCA creates an actionable task that can be assigned to anyone and set with a due date. The check occurs every time a new event is entered or an existing event is modified.
How to access all open Tasks
- Access the "Tasks" section on the left side panel.
- Check for any tasks with the status "Open".
How to identify the automated Tasks provided by ORCA’s completeness check?
Automated tasks lists created by the completeness check are structured as follows:
- ORCA suggests reviewing potentially missing files or details.
- The missing file or details are linked to a specific event.
- Purple is box is clickable. ORCA will suggest to upload a file, have you edit the details in-line or bring you into the details of that event.
How to check for open tasks for a specific entity?
- Hover over the entity you want to check.
- Click on the three-dot icon.
- Click on the checkbox icon.
- Note: The displayed count indicates the number of open todos for this specific entity.
Understand ORCA’s Automated Task Logic
Our Completeness checks create automated tasks by prompting you to provide required documents or fill in specific details to an Entity.
Ownership Amount Review
ORCA will provide you a task when ownership surpasses 100% for companies owned in percentage.
Expired Document Identification
Receive a task to add a new identification for expired documents (e.g., Passport).
Liability Maturity Review
Receive a task to review liabilities that have reached their maturity date.
Example: Loan was given July 1, 2023 with a maturity date of July 1, 2024
Corporate Transparency Act Compliance (CTA)
Once you choose an Entity and mark the Entity to be Corporate Transparency Act status is Eligible, ORCA will ask you to Add a board member or the direct owner’s address for eligible companies under the Corporate Transparency Act.
Learn more about CTA in this article
Task Section
Default Status Filter
The status filter now defaults to “OPEN” and “IN PROGRESS,” making it easier to focus on active tasks.
Links Filter
You can search and filter by Assets, Legal Entities or Persons
Hover Over Task Details
When you hover over a task, ORCA will display the reason why it generated that task by providing context.
Learn How to manually create & assign a task
In ORCA, users can create and assign customized tasks, ensuring efficient task management and accountability.
Please check this article