Capitalization and Equity Compensation Management
Capitalization and Equity Compensation Management Manage, administer, account for, and report on equity compEnsation plans Equity awards and grants remain an indispensable component of compensation for privately held companies. However, from accounting complexities to managing multiple rounds of funding, your stock plan and cap-table management can quickly become a drain on productivity. Now there’s a better way. Certent’s comprehensive Capitalization and Equity Compensation Management simplifies and streamlines all the crucial aspects of stock administration and reporting. With a participant portal, full administration console, and 400+ pre-built reports, you can streamline equitycomp processes, improve productivity, and tighten compliance. Capitalization and Equity Compensation Management Platform Extras Accounting Tax Participants Administration Platform Reporting Connector © 2015 Certent | All Rights Reserved | Capitalization and Equity Compensation Management Capitalization and Equity Compensation Management Award Administration Robust Functionality • Complete option and cap table management and modeling • Support for 15 award types • Automatic Black-Scholes valuation/peer-group volatility Flexibility • Rapid data retrieval with filtering, sorting, and ad hoc reporting • Easy integration with other business applications, such as payroll • Cloud-based for faster deployment and zero maintenance The Participant Portal Streamlined Processes • Automated report delivery for faster closes • Elimination of spreadsheets and manual processes • Online grant acceptance and communications © 2015 Certent | All Rights Reserved | The Certent platform enables you to administer 15 separate award types, from restricted stock to performance to cashsettled – there’s even support for automatic ISO/NSO $100,000 rule splits. Administrators have access to a complete audit trail for all transactions with time/datestamped entries and can easily make modifications to grants. Certent also tracks when a grantee moves to another country or regulatory jurisdiction. And you can get alerts and notifications regarding activity that requires your intervention. When you’re ready to go public, Certent connects to any broker you choose for an end-to-end settlement process. Certent simplifies the sometimes confusing equity compensation process for plan participants by automating the entire exercise and settlement workflow. Integrated online grant delivery and acceptance complies with electronic delivery and signature requirements. Participants can make tax payment elections on restricted awards vesting, model exercises, and access their grant portfolio and transaction statements. And when the time comes to select a broker, you’re not locked in – Certent connects to your preferred broker, providing a complete closed-loop transaction process. Capitalization and Equity Compensation Management Capitalization and Equity Compensation Management Complete Accounting Features Certent automatically computes detailed expense calculations and generates Black-Scholes valuations with imported market prices and daily risk-free rates. You can use unlimited experience groups to calculate expected life and forfeiture rates. Certent automatically computes single-life or multiple-life valuations, using peer group volatility data when needed, and provides audit reports showing the fair value details. Certent also supports IFRS reporting standards. Comprehensive Tax Calculations and Reports With Certent, you can create a full set of corporate tax accounting journal entries for all types of settlement transactions, including settlement of modified and exchanged awards. Certent computes APIC windfalls and shortfall adjustments and supports unlimited tax entities for deferred tax asset (DTA) calculations. Use either FIFO or a pro-rata method of pre-adoption DTA allocation. Certent also tracks the mobility of participants to give you the information you need to allocate taxes. And post-IPO, Certent can generate the information necessary for all SEC requirements, including 10-K, 10-Q, and proxy disclosure. Reporting Our comprehensive, Web-based solution features more than 400 prebuilt reports you can use right out of the box. This industry-leading reporting capability streamlines and simplifies complex financial reporting by automating processes, eliminating spreadsheets and improving accuracy – creating greater speed and significant cost savings. If you transition to public ownership, Certent helps with statutory reporting and disclosures – including filing Forms 3, 4, and 5. We offer more than 50 lines of disclosure information to support your plan choices and reduce your risk exposure through detailed audit trails. With Certent, you enjoy clearer visibility into equity compensation across your enterprise and the ability to refocus limited resources on higher-value activities. © 2015 Certent | All Rights Reserved | Capitalization and Equity Compensation Management OUR Advantage •Market Leadership – Certent is the leading stock administration and reporting provider with more than 400 private company customers, including LivingSocial, Equilar, TriNet, and SurveyMonkey, as well as over 800 public companies like Con-way Freight, NRG, Workday, Hawaiian Airlines, and Libbey. •Unsurpassed Flexibility – Certent’s Software-as-aService (SaaS) delivery includes multiple major and minor releases a year. We offer more than 400 pre-built, outof-the-box reports and support 15 different award types. •Complete Freedom – With Certent, there’s never any vendor or broker lock-in. And we have a thriving broker and services partner network to help you get the most value from the Certent platform. •Unwavering Focus – Stock administration and financial compliance is our sole focus. Your solution is always accurate, always up to date. Capitalization and Equity Compensation Management The Certent Extras Cap Table Analytics - This module supports management, analysis and reporting on capital structure. It provides decision support in evaluating term sheets and modeling the impact of financing events on current and prospective shareholders. Tax Rates - Automatically import withholding rates for each tax jurisdiction on monthly, quarterly, or annual basis. Scenario Modeler - Our forecasting and modeling tool lets you simulate various scenarios, such as issuing new grants, with daily or weekly refresh cycles. Peer Group Volatility - Calculate weighted average volatility for up to 12 peer companies. Connector HR Payroll Connector Use automated two-way integration with leading payroll/HRIS systems to synchronize tax and demographic information. How We Make You Successful When you need the best in equity compensation management, the choice is Certent. It starts with offering the most comprehensive implementation services of any stock plan software provider. Your implementation includes: • Data conversion from your legacy systems • Accounting reconciliation • Unlimited, free Web-based training • One-on-one training and coaching from a Certent financial reporting expert Our consultants – who average 10 years of direct industry experience and most of whom have earned CEP certification - are experts in tax and accounting issues. We can help you address and resolve questions about complex accounting, reconciliation, and methodology issues that arise. And we back that with 12x5 U.S.-based phone support, extensive online resources, regular software updates, and a commitment to ensuring you derive the maximum value from your investments through an unwavering focus on innovation, simplicity, and service. Maybe that’s why more than 1200 companies rely on Certent. 4683 Chabot Drive, Suite 260 Pleasanton, California 94588 USA Tel: +1 866.336.3274 www.certent.com © 2015 Certent | All Rights Reserved | Capitalization and Equity Compensation Management
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