Shareworks Review
March 27, 2017
Shareworks Review
Score 8 out of 10
Vetted Review
Verified User
Software Version
Solium Shareworks (legacy)
Overall Satisfaction with Solium Shareworks
Shareworks is used as our equity management tool across our entire company, including two wholly owned subsidiaries. Every employee has access to the system as a management tool for employee stock options. From an administrative view, Shareworks is great for tracking stock options, cap table administration, calculation stock compensation expense (ASC 718).
- Provide access for employees to company equity plan.
- Administer cap table.
- Calculate stock compensation expense (ASC 718).
- Improve usability, difficult to navigate.
- Improve user activation process. Currently users need to know their ID, Zip Code, or SSN and we don't add that information to system so very manual to give access.
- Email notification templates, visibility into what has been sent.
- Stock compensation calculation.
- Positive - easy for employees to review stock plan and agreement.
- Positive - easy to pull cap table reports.
- Negative - requires a lot of administrative work for account activation, acceptance by users.
- Negative - support is not responsive.
- CapMx and eShares
Shareworks was legacy account migrated from CapMx.