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Certent Equity Management

Certent Equity Management

Overview

What is Certent Equity Management?

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.

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Recent Reviews

TrustRadius Insights

Certent has been praised by users for its ability to accurately track stock options and restricted grants. With its automation …
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Product Details

What is Certent Equity Management?

Certent Equity Management Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(11)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Certent has been praised by users for its ability to accurately track stock options and restricted grants. With its automation capabilities, the software expedites the month-end closing process by generating reports seamlessly. Customers value the standardized reports that Certent offers, which provide status updates on grants, exercises, vestings, and terminations. By simplifying administrative and financial reporting procedures, Certent ensures increased efficiency and reliability. Users appreciate the user-friendly interface and the availability of standardized reports for equity compensation plans. Additionally, Certent proves beneficial for extracting detailed accounting plans and stock plan reporting in the market. The software also facilitates SEC reporting, including Black Scholes option expense calculations, as well as filing forms 3, 4, and 5 with the Securities and Exchange Commission using Certent's Section 16 filing platform. While some users encounter occasional challenges when running reports or exporting data to Excel, overall, they have had a positive experience with Certent. Its valuable functionalities make it an indispensable tool for learning about equity administration. Furthermore, customers have commended Certent's responsive and knowledgeable customer service team for their assistance.

Attribute Ratings

Reviews

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Score 5 out of 10
Vetted Review
Verified User
  • 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.
  • We had to have an external consultant oversee and manage the software for us. It wasn’t easy enough for us to use on our own. Some of that may be because of the feeding of information between EASI and UBS Onesource software which is used for participant management of equity awards.
  • We just have read capabilities in-house and the ability to set-up new users. Anything needed to uploaded we have to send to our consultant, Plan Mosaic, to upload.
  • While some of the reporting is good, some is not that good. You are able to generate reports in PDF and download into Excel. However, some of the reports in Excel would dump a lot of unnecessary information and require you to do a lot of manual clean up.
  • It saved us a full time headcount of someone manually tracking all options. Most public companies have someone dedicated to stock plan administration, or at least a 0.5 FTE. We didn’t have that luxury here.
  • However there are costs. We have to hire a consultant Plan Mosaic to work with the system that costs $2k/month. I am not very happy with them. They are a really small shop, so you don’t have a lot of people you could call to get stuff done. Only 1-2 people can get things done for you.
4
3 primary admins in finance and one IT license – more for testing and security.
0
We are periodically setting up new users, deleting people who’ve left.
  • Track our stock plan database – from initial grant to any type of stock split, any terminations, exercises.
  • For internal administration efficiency – not driven by Sarbox.
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.
Equity Edge from e-Trade
  • Professional services company
Plan Mosaic
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.
  • Online training
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.
We do not access support directly. We go through Plan Mosaic.
Pretty easy to go through and learn on your own.
I can only remember a couple of times when cannot access the system.
  • UBS One Source
Manual data feed, they send every night.
I wasn't involved - happened before I joined.
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