By using the Certent solution to automate the equity grant process, the compensation manager at a multi-billion dollar retail giant gained back over 350 hours per year.
The manager of stock plans and shareholder services at a publicly-traded energy company reduced the time it takes to generate quarterly reports from several days to just a half a day and year-end reports from one week down to one day by automating administrative activities with Certent.
Stock plan administrators indicate that Certent helps them generate administrative reports 75 – 85% faster and cuts the time it takes to collect grant acceptances by 80-90%.
Robust Functionality
- Complete SEC, FASB, and IFRS calculations and reporting
- Over 400 reports supporting 15 award types
- Mobility tracking with time- and date-stamped audit trails
- Extensive forecasting and modeling capabilities
- Full implementation support with accounting reconciliation
- Greater Flexibility
Greater Flexibility
Ability to easily make grant modifications Pre-integrated, pre-certified connections with a choice of brokers Rapid data retrieval through filtering, sorting and interactive reporting Automated integration with other business applications, such as HRIS and payroll systems
Streamlined Processes
- Scheduled or on-demand report delivery for faster closes
- Online participant communications and transactions; electronic grant communications and participant notifications
- Automated administrative alerts to ensure completion of time bound tasks
- Cloud-based platform for faster deployment and zero maintenance
- Full or partial outsourcing available for your administrative tasks
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