This will open the change entity name workflow. Simply enter in the new entity name on the top text box, enter in any relevant dates, and select the required checklist. If your administrator has configured, you may be able to generate documents to support the name change.
Additionally, you are able to complete an "Administrative Edit" to an entity in the event an error was made on data entry. To do this you simply select the checkbox and change the name as desired. Once you have changed the name select "Apply" and the name will be updated.