Equity Process Assessment
The fast pace of a publicly traded company makes administering equity compensation plans uniquely challenging. This is especially true for organizations experiencing rapid growth or those that have recently gone through an initial public offering (IPO).
Evolving IRS tax laws and regulations along with complex international tax laws can make payroll and equity transaction settlements very cumbersome. The recent SEC shift to a T+1 settlement period and the challenges related to managing multiple payroll vendors can create mounting pressure to verify company processes work efficiently to avoid penalties associated with not meeting required deadlines.
Evaluate your current equity processes and controls to determine relevancy, uncover operational enhancement opportunities, and secure resources needed to meet your equity program’s challenges, pain points, and potential growth.
Surface process challenges and potential improvement areas
A holistic equity compensation assessment can help your organization with:
- Improved tax compliance to help eliminate penalties.
- Timely information delivery to third-party tax vendors responsible for calculating taxes for mobile work forces.
- Complete equity transaction settlement processing to ensure compliance with IRS tax remittance requirements.
- Timely transaction settlement and share distributions to comply with SEC settlement T+1 requirements.
- Increased participant engagement and satisfaction.
- Time returned to plan administrators to focus on other business and value-add areas.
Understanding how teams and systems interact gives organizations the insights needed to address issues and inefficiencies and prioritize solutions. From there, several solutions can be proposed, ranging from manual solutions to purpose-built systems.
