1. Will the solution help me streamline equity plan
management and eliminate manual work?
In our 2020 State of Equity Plan Management at Private
Companies report, we asked stock plan administrators
what they thought the most challenging part of their jobs
were. Their responses revealed that, not only do they face
numerous equity plan management challenges, but the
challenges are varied.
As you weigh different solutions, ask yourself whether each
will help solve for not just one challenge, but the myriad
of challenges you may be facing. With a digital platform
that addresses numerous challenges, you can simplify many
of the complexities of equity plan management and help
reduce burdensome and error prone work. A solution that
works together seamlessly may help your business improve
accuracy and collaboration while saving time as well.
SHAREWORKS
Five Questions to Ask When Evaluating
Equity Plan Management Software
Managing an equity plan can be time consuming, which is why some companies invest in equity plan
management software. An equity plan management solution may help reduce administrative headaches
and unnecessary costs, while also helping you make data-based decisions. But what should you be mindful
of as you're weighing different solution options? To help you get started, here are five questions you may
want to ask yourself when evaluating equity plan management software:
Understanding tax consequences
Creating new equity plans
Regulatory compliance
Forecasting/Inventory management
Data/cap table accuracy
Administrative/Financial reporting
Expensing
Employee engagement & education
Accounting/Record-keeping
32%
29%
28%
25%
25%
24%
24%
24%
21%
What are the most difficult parts of
equity plan management?
Source: Shareworks By Morgan Stanley,
"The State of Private Equity Compensation Report."
