Name: Vestd - features overview
Uploaded: 2020-11-30T12:56:29.000Z
Duration: 3 min 14 s
Description: Vestd - features overview

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Beta Testing

Innovation Management

No-Code Development

Product Analytics

Version Control

Development

Learning Management

Student Management

Education

Business Intelligence (BI)

Collaboration

Corporate Social Responsibility (CSR)

Demand Planning

Enterprise Asset Management

Enterprise Content Management

Environmental Health and Safety (EHS)

Internal Communications

Enterprise

Accounting

Anti-Money Laundering (AML)

Merger and Acquisition

Travel Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employer of Record (EOR)

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Cloud Storage

Data Center Cooling

Data Center Networking

Fraud Detection

Function as a Service (FaaS)

Graph Database

Integration Platform as a Service (iPaaS)

LAN Switches

Network Operating Systems

Network Performance Monitoring

Object Storage

Open-Source Database

Rack Servers

Storage as a Service (STaaS)

Value-Added Resellers (VARs)

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Video Conferencing

Professional Services

Customer Relationship Management (CRM)

Lead Management

Sales Incentive Compensation Management

Trade Promotion Management

Sales

Data-Centric Audit Protection (DCAP)

Database Security

GDPR Compliance

Security

Apparel

Clinical Data Management

Clinical Trial Management

Interior Design

Lease Management

Online Ordering

Simulation

Warranty Management

Vertical-Specific

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### Equity Management
Users generally praise Vestd's equity management capabilities. The platform is commended for its intuitive interface, making it easy for both owners/administrators and employees to navigate. Users appreciate the efficiency in issuing and distributing shares, as well as the support provided by the knowledgeable customer success team. Additionally, Vestd simplifies the process of setting up and managing equity schemes, enhancing transparency and governance within businesses. While some users suggest improvements such as providing advanced templates and automating certain features like emailing shareholders their share certificates, overall, the sentiment towards Vestd's equity management functionality remains positive.

### Share Option Plans
Users consistently praise Vestd's EMI scheme setup and management capabilities. The platform's share option plans functionality is highly regarded, with users highlighting its ease of use and effectiveness in streamlining the process of issuing shares and maintaining good corporate governance. Vestd's share option plans have been instrumental in improving equity management, setting up share option schemes, and saving time for businesses. Users appreciate the platform's ability to centralize share and corporate governance documentation, making it a valuable tool for businesses looking to efficiently manage their share option plans.

### Cap Table Management
Users appreciate Vestd's transition from traditional paper and Excel-based cap tables to their platform, highlighting the ease of managing cap tables, ESOP, HMRC notifications, and share certificates. While some users find room for improvement in features like cap table modeling and document customization, the overall sentiment leans towards satisfaction with the platform's ability to streamline cap table management processes. The support team's assistance in setting up the system has been particularly valued, despite some challenges with standard paperwork and integration with HMRC. Users acknowledge the cost but emphasize the value derived from the enhanced governance and transparency provided by Vestd's cap table management functionality.

### Compliance and Reporting
User feedback regarding Vestd's compliance and reporting functionalities is generally positive, with users appreciating the platform's ability to streamline processes related to companies house documentation and HMRC notifications. Some users highlight the ease of managing compliance tasks such as issuing shares and maintaining accurate records. However, a few users express minor concerns about certain limitations in updating information without Vestd's approval and the need for additional features like advanced templates for shareholder agreements. Despite these minor drawbacks, Vestd is recognized for its effectiveness in simplifying compliance and reporting tasks, ultimately saving users time and effort in maintaining good corporate governance.

### Legal and Documentation
The feedback from users regarding Vestd's legal and documentation capabilities is generally positive. Users appreciate the platform's ability to streamline processes, reduce the need for costly lawyers, and simplify the setup and maintenance of schemes. While some users mention minor gaps in fitting into Vestd's data model, the customer success team is commended for their support in finding solutions. Additionally, users highlight the user-friendly interface and transparency in costs, although there are suggestions for improvements such as advanced templates for legal documents. Despite some minor drawbacks, users find Vestd's legal and documentation features effective and efficient for their business needs.

### Employee Stock Ownership Plans (ESOP
Users generally find implementing employee stock ownership plans (ESOP) with Vestd to be a straightforward and cost-effective solution. The platform seems to simplify the complexities associated with ESOP schemes, making it more accessible for companies of varying sizes and levels of expertise. Reviewers appreciate the ease with which tasks like managing cap tables, ESOPs, HMRC notifications, and share certificates are handled, with timely reminders ensuring smooth follow-up processes. The sentiment conveyed suggests that Vestd's ESOP capabilities are positively impacting user experiences and streamlining the implementation of employee ownership schemes.

### Customer and Technical Support
Users consistently praise Vestd's exceptional customer support and technical assistance. The reviews highlight the team's dedication, patience, and knowledge in guiding users through the platform. Customers appreciate the prompt and helpful responses from the support team, noting that they feel well-supported and valued. While some users mention minor challenges in navigating certain features, they emphasize that the support team promptly assists in resolving any issues. In general, users express high satisfaction with the level of customer and technical support provided by Vestd, citing it as a significant strength of the platform.

### Platform Usability and Integration
Users consistently praise Vestd for its platform usability and integration capabilities. They highlight the platform's intuitive design, making it easy for both owners/admins and employees to navigate and utilize its features effectively. The platform's organization and user-friendly layout are commended for enhancing the overall user experience. Additionally, users appreciate the platform's flexibility for creating bespoke schemes and the exceptional support and expertise provided to help maximize its functionalities. There is a unanimous agreement among users that Vestd's platform usability and integration are strong points that contribute significantly to its appeal and effectiveness.

### Administrative Processes
Users consistently praise Vestd's streamlined administrative processes functionality. They highlight the platform's user-friendly nature and its ability to simplify complex tasks such as cap table management and company house documentation. Despite occasional challenges in navigating specific admin screens, users appreciate the prompt support provided by the team. The automation of time-consuming manual tasks and the efficiency in internal and external reporting are also noted as significant advantages. Additionally, users value the software's ability to handle administrative tasks effectively, allowing them to focus on strategic aspects of their business.

### Governance and Control
Users have expressed mixed opinions regarding Vestd's governance and control capabilities. While some appreciate the platform's ability to centralize shareholder and director information, automate processes, and maintain clean records, others have highlighted areas for improvement. Concerns have been raised about the need for advanced templates like shareholder agreements and the integration of full data room features for non-shares and governance-related documents. Despite these drawbacks, users acknowledge the platform's potential for enhancing governance and control practices within their organizations.

Vestd is an advanced digital platform provided by Vestd Ltd. According to the vendor, it is designed to assist companies of all sizes, from startups to large enterprises, in designing, launching, and managing employee share schemes. The platform is utilized by various professionals and industries, including founders, CFOs, HR teams, accountants, and investors.

## Key Features

**Employee share schemes**: According to the vendor, Vestd enables companies to easily set up and manage share schemes, allowing them to share ownership with their team. The product offers various scheme types, including EMI schemes, growth shares, and unapproved options.

**Companies House integration**: Vestd has a direct integration with Companies House, the UK's official registrar of companies. The integration eliminates the need for paperwork and manual updates, ensuring accurate and compliant share scheme records.

**Guided scheme design**: Vestd offers a fully guided service for designing share schemes. Companies can receive expert support and guidance throughout the process, helping them determine the right type of scheme and set specific conditions for recipients.

**Cap table management**: Vestd provides cap table management tools that enable companies to easily track their share ownership and equity distribution. The platform automatically updates the cap table whenever shares are issued or transferred, ensuring accurate and up-to-date records.

**SEIS/EIS advance assurance**: Vestd supports companies in obtaining advance assurance for the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS). The product guides companies through the application process, helping them offer tax benefits to investors and attract more investment.

**Portfolio dashboards**: Vestd offers portfolio dashboards that provide a comprehensive view of all share schemes and equity holdings. Companies can monitor and manage their share schemes from a centralized dashboard, making informed decisions about their equity management.

**Equity management & company secretarial**: Vestd provides tools for managing equity-related documents, such as shareholder agreements and option agreements. The platform streamlines company secretarial tasks, ensuring compliance and efficiency in managing equity-related matters.

Vestd simplifies equity distribution for startups and enables them to set up an EMI scheme to incentivize employees with equity options easily. The software provides complete oversight on equity management, including share option scheme set up and management, automating share allocations, EMI notifications, and confirmation statements. Users have reported that the platform has provided them with huge time savings and peace of mind while ensuring proper administration practices.

With Vestd, users can manage their newly-created schemes fully in-house without incurring expensive legal fees. The platform takes away the expensive, complicated, and time-consuming elements of equity distribution with simple clicks of buttons. Additionally, the software helps understand different types of shares that can be distributed, validating the strength of the proposition and illustrating the composition of the business to investors. Overall, customers have praised Vestd for its transparency, fantastic value-for-money alternative to traditional legal support from law firms in organizing a company's shareholding structure while saving time on share structure and cap table.

Vestd provides UK companies with a fully guided service for employee share schemes, from startup to sale.

Guided

Standard

Self-Serve

Vestd

Stock Option Plan Administration is for administering stock option plans.

Stock Option Plan Administration

Vestd - the share scheme platform

An overview of the Vestd platform. 

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Vestd - features overview

A look at some of Vestd's core features.

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Air Hockey Saloon by Chris Zabriskie http://chriszabriskie.com
Creative Commons — Attribution 4.0 International — CC BY 4.0
Free Download / Stream: https://bit.ly/air-hockey-saloon
Music promoted by Audio Library https://youtu.be/-NEsfl50G7s
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