Stock plan administration software helps publicly listed companies manage employee share plans. It enables organizations to offer and manage complex stock plans by automating the administration of these plans. It also ensures compliance with regulatory requirements. This software helps companies align business performance and shareholder value with employee incentives.
Stock plan administration software is often used across HR, finance, legal, and compliance departments. HR teams use it to manage stock programs, finance teams rely on it for accurate financial reporting and tax compliance, and legal teams use it to ensure regulatory compliance. Employees also interact with the system through self-service portals that allow them to view, understand, and act on their stock plans.
This software integrates with systems that manage people, such as benefits administration platforms, payroll systems, and accounting software.
While similar, stock plan administration software is not to be confused with equity management software because stock plan administration software manages employee stock plans and contains specialized tools needed for public company stock plans. Equity management software, on the other hand, provides a broader, strategic view of a company’s entire capitalization table, ownership, and fundraising.
To qualify for inclusion in the Stock Plan Administration category, a product must:
Provide end-to-end management of share plans for publicly traded companies
Facilitate stock trading and settlements
Provide an employee self-service portal where employees can gain visibility and manage their stock plans
Help automate the creation of financial reports, including real-time International Financial Reporting Standards (IFRS) 2 reporting, and integrate with accounting tools to streamline audit and financial compliance