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Corporation upgrades are used to improve both the quality of products and the efficiency of the production process. The upgrades are very expensive but they pay off in the long run.
Upgrading corporations is a lengthy process and requires manual intervention.
It is also possible to set this process into automatic mode. The feature can be set on for all new corporations on the automation page. It can also be set on for each corporation separately and it is possible to set this option on for all corporations at once.
Automatic upgrading can also create a setback as the cost of the upgrades is very high and the corporations may get into very high debt. It should be used selectively.