Certent Equity Management vs. Optimum Solutions HRIS (discontinued)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Certent Equity Management
Score 7.2 out of 10
N/A
Certent Equity Compensation Management, now part of Insightsoftware since the January 21 acquisition, helps companies stay compliant in the administration of equity awards and grants.N/A
Optimum Solutions HRIS (discontinued)
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Optimum Solutions, Inc. was a software development company providing Payroll, Human Resources, and Time & Attendance software for both the IBM iSeries (AS/400) and Microsoft Windows platforms or in the cloud. In October 2019 they were acquired by Kronos, Inc (now UKG after merging with Ultimate Software). Former Optimum products are now supported by Kronos / UKG, and are no longer sold available for sale.N/A
Pricing
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Community Pulse
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Top Pros
Top Cons
Features
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Certent Equity Management
-
Ratings
Optimum Solutions HRIS (discontinued)
7.5
1 Ratings
8% below category average
Pay calculation00 Ratings9.11 Ratings
Benefit plan administration00 Ratings5.51 Ratings
Direct deposit files00 Ratings9.11 Ratings
Salary revision and increment management00 Ratings6.41 Ratings
Best Alternatives
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Small Businesses

No answers on this topic

Patriot Software
Patriot Software
Score 9.0 out of 10
Medium-sized Companies

No answers on this topic

Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Enterprises

No answers on this topic

Infor Human Resources
Infor Human Resources
Score 7.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Likelihood to Recommend
8.5
(3 ratings)
10.0
(3 ratings)
Likelihood to Renew
5.0
(1 ratings)
-
(0 ratings)
Usability
8.0
(1 ratings)
-
(0 ratings)
Availability
9.0
(1 ratings)
-
(0 ratings)
Online Training
6.0
(1 ratings)
-
(0 ratings)
User Testimonials
Certent Equity ManagementOptimum Solutions HRIS (discontinued)
Likelihood to Recommend
Insightsoftware, Inc
Certent Equity Management is well suited in the following ways: 1. [The] software provides seamless integration to internal software. 2. [It provides] detailed reports of market equity management. 3. [The] software prepares financial equity footnotes for 10k reporting very well. 4. It helps with award modification [as] needed. 5. I enjoy doing capitalization tables.
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Discontinued Products
Optimum Solutions works very well for all our payroll needs. We run payrolls weekly, semi-monthly, monthly and yearly. The end of year process is lined out very well and webinars are available to go over any new regulations required. We haven't utilized the HR part of the software as much on the iSeries but are planning on changing that once we get converted to the Windows version later this year. The main reason for this is the HR part of the software on the iSeries is separate from payroll.
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Pros
Insightsoftware, Inc
  • Expense calculations – the whole accounting for equity awards is pretty technical and not real easy to follow. It does a good job of calculating GAAP expense for each award.
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Discontinued Products
  • The setup of Optimum HRIS was intense as the software comes as a basic shell and everything is personalized to our organization. All earnings codes, leave time, employee types, job codes, taxes, etc. are set up for each company. While this was almost overwhelming at the beginning, we have so much control over the set up and better grasp of the inner workings of the system.
  • Tax updates come quickly and are easily applied. This is especially welcome at year end.
  • The built-in reporting is robust and offers a lot of options, but the ability to dig in to the database using SQL and Excel allows for very powerful reports that are infinitely personalized.
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Cons
Insightsoftware, Inc
  • There are no features that are hard to use or that I would like to see improved.
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Discontinued Products
  • When exporting reports to Excel I found the formatting to be difficult to work with and having to reformat the reports can be a nightmare. My company's IT department created its own business tools to make the reporting format more user friendly.
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Likelihood to Renew
Insightsoftware, Inc
I personally like the Equity Edge software better. The reporting is better and the software easier to use. The reason we didn’t continue to work with them is we didn’t want to use E-Trade as captive broker.
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Discontinued Products
No answers on this topic
Usability
Insightsoftware, Inc
Pretty easy to go through and learn on your own.
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Discontinued Products
No answers on this topic
Reliability and Availability
Insightsoftware, Inc
I can only remember a couple of times when cannot access the system.
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Discontinued Products
No answers on this topic
Support Rating
Insightsoftware, Inc
We do not access support directly. We go through Plan Mosaic.
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Discontinued Products
No answers on this topic
Online Training
Insightsoftware, Inc
We had a 2 hour introduction to the software over a Webex meeting by Plan Mosaic, and a user guide. Plan Mosaic is a reseller.
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Discontinued Products
No answers on this topic
Implementation Rating
Insightsoftware, Inc
A lot of decisions had been made already when I joined. I thought it was a fairly smooth process. You just need to make sure that you do a good job of auditing all the awards that are transferred from system to system. We did a reverse stock split that caused challenges with rounding of shares.
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Discontinued Products
No answers on this topic
Alternatives Considered
Insightsoftware, Inc
As an organization, we have evaluated various Equity management and accounting software before shortlisting and testing these software and finally selecting 1 software. It has a user-friendly interface that helps and encourages employee participation. Moreover, it has simple and easy-to-understand grants and reporting, which are illustrated by easy-to-understand examples.
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Discontinued Products
We evaluated some payroll services but found the ongoing cost greater than the initial cost of purchasing our own software and keeping the payroll process in house. Other payroll software was generally more expensive and we are satisfied with Optimum Solutions. I would say the main reason we stayed with Optimum Solutions, converting from their iSeries version to their Windows version, was because of their outstanding staff and support.
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Return on Investment
Insightsoftware, Inc
  • It helps with taxation compliance, which could be a major issue.
  • [The] uploaded template helps with large amounts of data [that needs] uploading in grants and helps keep a lean team in management and operations.
  • [The] availability of different types of reports makes transactional activity easy.
  • Accounting, reporting, and disclosures become easy.
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Discontinued Products
  • More accurate payroll processing
  • More accurate tax payments and reporting
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ScreenShots

Optimum Solutions HRIS (discontinued) Screenshots

Screenshot of Main Employee Screen