Why Does Intersect Have a "Manually Add Company" Feature?

Understanding the Need for Manual Company Addition

When registering a new company in South Africa, the process involves submitting the required documentation to the Companies and Intellectual Property Commission (CIPC). Once approved, the company is officially recognized, and its information is stored in the CIPC database. However, there is often a delay before newly registered company details become available via the CIPC API.

At Intersect, we understand that compliance cannot always wait. This is why we offer the "Manually Add Company" feature, allowing users to set up their company's compliance profile immediately—without waiting for CIPC data synchronization.

How Does It Work?

1. Adding the Company: Users can manually add key company details such as name, registration number, registered. address/es and director/s details.
2. Managing Compliance Immediately: Once added, users can proceed with tasks like filing annual returns, updating director's - or company , and maintaining beneficial ownership records.
3. Automatic Data Syncing: As soon as the CIPC API feeds the official data into Intersect, the manually added company will automatically update to "Synced with CIPC." This ensures that the latest regulatory information aligns with CIPC records.

Benefits of the "Manually Add Company" Feature

• Avoid Delays: Compliance officers, accountants, and company secretaries can stay proactive by managing compliance tasks from day one.
• Streamlined Compliance: Users can upload and organize important documents, create resolutions, and maintain an audit-ready record.
• Seamless Transition: Once CIPC data is available, the transition is automatic—without duplicate company records or loss of data.

When Should You Use This Feature?

• Newly Registered Companies: If your company is recently registered and not yet reflected in CIPC API data, you can manually add it.
• Urgent Compliance Needs: If you need to file documents or update company records without waiting for API synchronization.

Final Thoughts

Intersect is designed to provide a seamless compliance management experience. The "Manually Add Company" feature ensures that businesses don’t face unnecessary roadblocks when staying compliant. Whether waiting for CIPC updates or getting a head start on regulatory filings, this feature enables you to take control of your compliance process without delay.