Name: Certent Equity Management
Rating: 7.2 (11 reviews)
Author: Insightsoftware, Inc

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### Reporting and Analytics
While users appreciate the ease of use and functionality of Certent's reporting tools, there are concerns about the lack of significant updates over time and the software's high cost. Some users find the navigation of report generation menus challenging, although the star feature helps in locating commonly used reports efficiently. Additionally, there are mixed opinions on the visual appeal of the system and the frequency of password changes required. Despite these drawbacks, Certent's reporting and analytics capabilities are generally regarded as effective and user-friendly by its users.

### Data Management and Tracking
Some users appreciate Certent's ability to load mass data efficiently and run reports for SEC disclosures, highlighting its data management strengths. However, concerns have been raised about the system's responsiveness in correcting misinformation from data uploads, indicating room for improvement in data tracking accuracy. This mixed feedback suggests that while Certent offers some robust data management features, there are areas that may require enhancement to meet user expectations effectively.

### Stock Option Plan Administration
Users appreciate Certent's stock option plan administration functionality for simplifying equity management tasks such as tracking new option awards and facilitating expense recognition. However, some users have encountered challenges with manual tasks in HRPC and broker integration, particularly in cases of employee termination and data accuracy issues. Despite these drawbacks, Certent remains a valuable tool for managing stock options efficiently.

### Tax and Accounting Compliance
Users generally appreciate the tax and accounting support provided by Certent Equity Management, though some express concerns about missing key features in this area. While the software is commended for its ease of use and intuitive interface, the lack of tax mobility calculation and support is noted as a drawback. Users acknowledge the ongoing development efforts to address these gaps but highlight that the integration with multiple brokers may be hindering the speed of feature enhancements in tax and accounting compliance.

Easy-to-use UI and reporting: Users find the UI and reporting in Certent easy to use, with some reviewers stating that it is user-friendly and intuitive. Several users appreciate how these features help in keeping things transparent and simplifying their equity management processes.
Robustness for specific needs: Many users appreciate the robustness of Certent for their specific needs, including financial reporting and audit preparation. They find that Certent provides all the necessary tools for accounting, activity, and regulatory requirements, making it a reliable platform for managing equity awards.
Integration capabilities with various brokers: The integration capabilities of Certent with various brokers are highly valued by users. This feature allows them to tailor the platform to different company needs, enhancing flexibility and efficiency in managing equity grants. Some users have specifically mentioned how this integration has streamlined their processes and made equity management easier.

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.

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.

Certent Equity Management

Stock Option Plan Administration is for administering stock option plans.

Stock Option Plan Administration

Likelihood to Recommend

Likelihood to Renew

Availability

Usability

Online Training

Hubble by insightsoftware.com is an integrated suite of business performance management apps for JD Edwards and Oracle E-Business Suite. It offers reporting, analytics and planning in a single real-time solution that fully understands your ERP. Hubble integrates your critical business systems so users at all levels have access to live data extraordinarily fast. With this type of visibility, everyone can easily understand, manage and predict the business.

Insightsoftware, Inc

HR Central

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Regional Manager

Certent Equity Management 2022-01-10 08:39:31

Schwab.com

Certent Equity Compensation Management, part of Insightsoftware 2021-09-30 13:26:22

Thomson Reuters ONESOURCE

Equity Edge

EASi 2012-10-19 17:37:46

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Stock Option Plan Administration Software

Certent Equity Management is used in the following ways at [my organization]. [From] my previous experience, this is how it was used: 1. It is used as [an] Equity management software. 2. It is used to administer grants and Esops to new and existing employees. 3. It helps with [the] extraction of Reports on Equity Compensation plans. 4. It helps with detailed Accounting plans. 5. It also helps with detailed stock plan reporting on the market.

It shows grant allocation and value well.
It calculates taxation and IFRS compliance.
[It] automates and streamlines stock allocation and grants management.
[It provides] seamless integration with internal critical systems.

Training could be given better to employees.
[In my opinion, the] customer support team is very slow in response.
It should allow [the] customizing [of] reports, including column headings.

It saves a lot of time and energy in Capital report generation.
[The] report system is easily audited.
[The] software is quick and allows many users to use it at the same time.
[It] manages stock options and ESPP contributions.

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.

HR Central, HR Cloud Workmates, ServiceNow Customer Service Management

We use Certent to keep track of all our stock option grants and produce reports for SEC reporting, which includes black Scholes option expense. In addition, we use the Section 16 filing platform to file our forms 3, 4, and 5's with the Securities and Exchange Commission. We have had no problem with this product and have received great support when needed.

Great response time
Easy to use
Great search feature

There are no features that are hard to use or that I would like to see improved.

Section 16 filing portal
black Scholes expense model
Stock option tracking

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.

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 wasn't involved - happened before I joined.

Certent Equity Management

Overview

What is Certent Equity Management?