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1H2025 Release: What is the purpose of the new Standard Element of Company

lornanapper
Explorer
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Am not sure I understand the purpose of the new Standard Element of Company, which was introduced as part of the 1H2025 Release: >> https://help.sap.com/docs/PRODUCTS/8e0d540f96474717bbf18df51e54e522/150cabde9edd4b62bae3a5e1faf29fb8...

We already have Legal Entity in Employee Central and this information is attached to every hire already.  What additional benefits will we gain by configuring Company as a Standard element in our EC config if all it's going to do is sync with the existing Legal Entity?  If we choose NOT to enable this new standard element, are we going to be missing out on any other related benefits?

Would be interested to understand how other customers are using this.

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