Top 10 reasons to retire your spreadsheets
Spreadsheets were not designed to handle this level of complicated data – that’s why equity compensation software was created. So, whether or not you’ve considered leaving your spreadsheets behind, here are 10 reasons why a software solution makes good sense for your business.
Do you trust the data in your spreadsheets? Really? As your business grows and your cap table and equity compensation become more complex, so do your spreadsheets.
To learn more about how the GEMS platform can streamline your company’s equity management, speak with our team today.
Increase data accuracy
1
With spreadsheets, even a small mistake in one formula can set off a chain reaction of errors in your administration program that can be time consuming to find. In fact, many of our clients have discovered errors in their spreadsheets after moving their data to the Computershare's GEMS platform! Start using a software solution that keeps track of all your data with automated tools that immediately improve your accuracy – and your peace of mind.
Increase data accuracy
1
2
Boost employee engagement
2
With the right software, you can offer your employees access to their accounts, allowing them to view their holdings, accept grants and review important plan documentation, all online. This significantly decreases paperwork for you and keeps employees from clogging your inbox with questions about their portfolio.
Boost employee engagement
3
Employee stock options are a great way to attract and retain talent. Get a solid understanding of how employees are engaging with your plans with the Employee Statistics Report within the GEMS platform, providing details on how many people accepted and exercised grants, and more. You’ll have the data you need to track your plan’s success.
Track your plan’s success
3
Track your plan’s success
4
Reduce compliance and reputational risk
5
Spend more time on strategic priorities
6
Store your equity data in one place
6
If you are also managing a cap table, wouldn’t it be great to have all your critical equity data in one convenient place? All information, including historical data, can be uploaded on the GEMS platform so you’ll have one system of record rather than having to go back to your old spreadsheets. The GEMS solution offers you a comprehensive view of the ownership structure of your company and eliminates the need to pull relevant data together from multiple sources.
Store your equity data in one place
4
Don’t put your company’s reputation at risk. Managing your stock options with a platform developed for this purpose helps ensure controls are in place to mitigate risks associated with financial reporting, tax obligations, and more. You can also control who has access to sensitive employee information by assigning system login credentials only to those who need it. You can rest assured you’re compliant every step of the way.
Reduce compliance
and reputational risk
5
Your employee stock options are an important benefit, and you must get it right. But working with spreadsheets can be labor intensive and you just don’t have time for that. Managing your plans with software streamlines administration, freeing up time in your day to focus on higher value priorities – like growing your business.
Spend more time on strategic priorities
7
Execute changes effortlessly
8
Generate reports with the click of a button
9
Tackle complex financial reporting
7
As your plan grows and becomes more complex, does anyone on your team know how to update the complicated spreadsheet to handle it? How about verifying expenses, inputting discounts, or tracking performance criteria? With the GEMS solution, all you do is input the data and the software does the heavy lifting. And you never have to worry that the formula is wrong!
Execute changes effortlessly
8
Stop spending hours (or days!) compiling data needed from multiple spreadsheets and external sources for Quarterly Stock Based Compensation Expense Reports or Employee Statistics Reports. Run these reports seamlessly, and professionally, with the GEMS platform.
Generate reports with the click of a button
9
If administering your plan is complicated, the related financial reporting can seem like a foreign language. With the GEMS platform, you can access the reports you need in minutes, information that would take your team days to complete with spreadsheets. Perform the complex calculations needed to expense your equity plans with ease – and accuracy!
Tackle complex financial reporting
10
Get the help
you need
+
BONUS! Connect to services beyond your equity plan
10
With the GEMS platform you’ll be supported right from the start. Our teams have experience working with both public and private companies on a local and international basis – they’ve seen it all! From our onboarding team who takes the time to understand your plan and its objectives, to your dedicated client success team standing by to answer your questions, we are here to quickly resolve any issues so you can get on with your day.
Get the help you need
11
Wouldn’t it be nice to engage with a partner who can provide more of the services your company will need throughout its lifecycle? When you use the GEMS platform, you are not only benefiting from intuitive software to manage your equity. You are also gaining access to the Computershare ecosystem, allowing your company to quickly engage with a full suite of governance, investor and stakeholder services. Streamlined vendor management? Yes please!
BONUS! Connect to services beyond your equity plan
1
Increase data accuracy
With spreadsheets, even a small mistake in one formula can set off a chain reaction of errors in your administration program that can be time consuming to find. In fact, many of our clients have discovered errors in their spreadsheets after moving their data to the Computershare's GEMS platform! Start using a software solution that keeps track of all your data with automated tools that immediately improve your accuracy
– and your peace of mind.
2
Boost employee engagement
With the right software, you can offer your employees access to their accounts, allowing them to view their holdings, accept grants and review important plan documentation, all online. This significantly decreases paperwork for you and keeps employees from clogging your inbox with questions about their portfolio.
3
Track your plan’s success
Employee stock options are a great way to attract and retain talent. Get a solid understanding of how employees are engaging with your plans with the Employee Statistics Report within the GEMS platform, providing details on how many people accepted and exercised grants, and more. You’ll have the data you need to track your plan’s success.
4
Reduce compliance
and reputational risk
Don’t put your company’s reputation at risk. Managing your stock options with a platform developed for this purpose helps ensure controls are in place to mitigate risks associated with financial reporting, tax obligations, and more. You can also control who has access to sensitive employee information by assigning system login credentials only to those who need it. You can rest assured you’re compliant every step of the way.
5
Spend more time on strategic priorities
Your employee stock options are an important benefit, and you must get it right. But working with spreadsheets can be labor intensive and you just don’t have time for that. Managing your plans with software streamlines administration, freeing up time in your day to focus on higher value priorities – like growing your business.
6
Store your equity data
in one place
If you are also managing a cap table, wouldn’t it be great to have all your critical equity data in one convenient place? All information, including historical data, can be uploaded on the GEMS platform so you’ll have one system of record rather than having to go back to your old spreadsheets. The GEMS solution offers you a comprehensive view of the ownership structure of your company and eliminates the need to pull relevant data together from multiple sources.
7
Execute changes effortlessly
As your plan grows and becomes more complex, does anyone on your team know how to update the complicated spreadsheet to handle it? How about verifying expenses, inputting discounts, or tracking performance criteria? With the GEMS solution, all you do is input the data and the software does the heavy lifting. And you never have to worry that the formula is wrong!
8
Generate reports with the click of a button
Stop spending hours (or days!) compiling data needed from multiple spreadsheets and external sources for Quarterly Stock Based Compensation Expense Reports or Employee Statistics Reports. Run these reports seamlessly, and professionally, with the GEMS platform.
9
Tackle complex financial reporting
If administering your plan is complicated, the related financial reporting can seem like a foreign language. With the GEMS platform, you can access the reports you need in minutes, information that would take your team days to complete with spreadsheets. Perform the complex calculations needed to expense your equity plans with ease – and accuracy!
10
Get the help you need
With the GEMS platform you’ll be supported right from the start. Our teams have experience working with both public and private companies on a local and international basis – they’ve seen it all! From our onboarding team who takes the time to understand your plan and its objectives, to your dedicated client success team standing by to answer your questions, we are here to quickly resolve any issues so you can get on with your day.
+
BONUS! Connect to services beyond your equity plan
Wouldn’t it be nice to engage with a partner who can provide more of the services your company will need throughout its lifecycle? When you use the GEMS platform, you are not only benefiting from intuitive software to manage your equity. You are also gaining access to the Computershare ecosystem, allowing your company to quickly engage with a full suite of governance, investor and stakeholder services. Streamlined vendor management? Yes please!
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