TrustRadius Insights
Global Shares is a digital solution that has helped companies streamline their share grant and vesting processes, saving valuable time for …
Overview
What is Global Shares?
Global Shares is equity compensation software that allows users to administer their employee share plans. Global Shares is used by both private and public companies, from fast growing start-ups to truly global organisations, with share plans in dozens of countries and…
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Product Details
- About
- Tech Details
What is Global Shares?
Global Shares is equity compensation software that allows users to administer their employee share plans. Global Shares is used by both private and public companies, from fast growing start-ups to truly global organisations, with share plans in dozens of countries and tens of thousands of participants.
Global Shares Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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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!
- Business Problems Solved
- Pros
- Cons
Global Shares is a digital solution that has helped companies streamline their share grant and vesting processes, saving valuable time for businesses. The software provides a simple, efficient way to implement share ownership incentives for employees in multiple countries, which invests employees more in the company and assists in retention during challenging market conditions. Users of Global Shares can access up-to-date information anytime, eliminating the need to reach out to plan administrators for updates on plan details and shares information.
Another business problem solved by Global Shares is the simplification of ESOP management by providing all documents in one place for plan administrators. This ensures easy access to all ESOP-related documents, eliminating the need to manage various folders physically. Additionally, the software automates restricted unit and long-term incentive compensation awards' tracking status, which reduces manual labor and centralizes the storing of executed legal documentation for all employees. Global Shares ultimately saves time by providing a cost-effective method to set up an EMI scheme compared to traditional methods that require solicitors' input.
Cost-effective Solution: The majority of users find that Global Shares is a cost-effective solution for private companies and SMEs to set up and manage their EMI schemes. They appreciate the reasonable pricing of the platform, which makes it accessible to businesses with smaller budgets.
Easy-to-Use Platform: Many reviewers note that Global Shares' platform is easy to use and helps guide them through setting up and managing their equity compensation plans transparently. Employees also find the platform intuitive and engaging, thanks in part to its data-driven and security-focused culture that aligns well with many growth-stage companies.
Excellent Customer Support: A significant number of users found Global Shares' customer onboarding support to be excellent from the start, with the team always available and attentive when help was requested. This personalized attention helped make implementation more efficient, provided valuable insights into how best to use the software, and ensured that any issues were quickly resolved.
Limited Customization Features: Some users have reported that customized solutions can negatively impact reporting on the backend, which requires manual adjustments to automated reports.
Steep Learning Curve: Several reviewers mentioned that it took some time to navigate around the interface and understand what each function does.
Administrative Misses: A few users reported that there were some administrative misses due to capacity or team structural changes, but these issues were resolved quickly by their relationship manager.