Employee Stock Purchase Plan Management

Employee Stock Purchase Plan Management

THE CHALLENGE

From managing eligibility to processing purchases, employee stock purchase plans carry significant administrative and accounting burdens. Effective communication with participants, payroll and your broker is paramount. Proper records must be kept and files need to be coordinated with payroll for tax reporting. Dispositions must be identified and handled properly. You need tools to track activity and ensure compliance requirements are met.

THE SOLUTION

You need a flexible ESPP management solution to help you manage the administrative and accounting details specified in your plan. Tools that enable participants to enroll, review plan documents and make payroll election changes are essential. You also need a document library to facilitate online access of plan and offering documents. To keep track of dispositions, you need an easy way to survey participants. You also need a robust set of administrative and accounting reports to help you stay on top of enrollment, contributions, transactions, tax and IRS reporting requirements. You need a flexible ESPP management solution to help you manage the administrative and accounting details specified in your plan. Tools that enable participants to enroll, review plan documents and make payroll election changes are essential. You also need a document library to facilitate online access of plan and offering documents. To keep track of dispositions, you need an easy way to survey participants. You also need a robust set of administrative and accounting reports to help you stay on top of enrollment, contributions, transactions, tax and IRS reporting requirements.

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