Has Stock Plan and Cap Table Management Become a Productivity Drain?
Juggling Spreadsheets Puts Your Equity Compensation at Risk
Equity plans are a vital component of your employee benefits package, involving multiple regulatory, tax, and compliance obligations. Managing them with spreadsheets creates unnecessary risks—one bit of bad data can put your entire dataset in jeopardy.
Your System Can’t Scale with Your Company’s Growth
From new share classes to employee recruitment, as your company has grown, so has your cap table’s complexity. Spreadsheets and platforms that once worked seamlessly quickly become unwieldy and risky to your business once your growth kicks into high gear.
You Devote Too Much Time to Administrative Tasks
The number of hours that your team spends copying and pasting data into Excel adds up. It is ineffective and wastes valuable time. Your people are skilled in their roles, but menial, repetitive tasks are limiting their potential.
Track LLC/MLP Members and Record PIU Grants
Certent’s expanded functionality includes the ability to track, record, and report on PIU grants. Our enhanced system is designed to accommodate the majority of PIU plans and features, including time- or performance-based vesting, distribution in stock or cash, separate accounting choice for each distribution method, and the ability to select if PIUs are displayed on capitalization reporting (cap table).
Get the Critical Reports You Need to Make Policy Decisions on Valuation
Certent’s PIU plan management allows limited liability companies to make policy decisions on valuation, whether Black Scholes or Intrinsic Value method, with stock payout distribution following ASU718 guidelines.
Quick Start Implementation for LLC/MLP Up to 100 Members
Like many growing companies, you need to move beyond manual spreadsheets or legacy software for equity management, but you simply don’t have the time or resources for a major software migration. Certent’s Quick Start services can help!
Tracking Profit Interest Units for your LLC/MLP
LLCs and MLPs use Profit Interest Units (PIUs) to signify a member or partner holder as having an ownership/interest in the future profits of the company. As with all types of equity compensation, the ability to track time-based and performance-based vesting schedules is core, as well as flexibility to accommodate for plan adjustments, distribution methods, tax considerations, and broad reporting requirements. insightsoftware has expanded functionality to support PIU issuances within our award-winning SAAS Solution.
If you are currently using Excel or tracking your PIUs under an alternative award type that is not completely in line with PIU functionality and requirements, you won’t want to miss this session!
In this 30-minute session experts from insightsoftware’s product team will:
- Review the expanded functionality now available within insightsoftware to record, track, and report on Profit Interest Units.
- Discuss how insightsoftware’s PIU plan management allows companies to apply their policy decision on accounting types and methods for PIU issuances.
Speak to an Expert