The Best Equity Compensation Management Platform for Small and Private Companies
What do you like best?
Certent is user friendly. There are a lot of video walkthroughs that can help users in terms of setting up the correct data.
I love that is supports both US GAAP and IFRS requirements and allows users a great level of flexibility in handling and entering data.
I also enjoy using it when doing Capitalization Tables and rollforwards as the reports are easy to generate and the data is easy to interpret.
What do you dislike?
As with other equity compensation management platforms, there are still some bugs that need to be fixed. However, the technical team is very responsive when a bug or issue is reported. One of the urgent issues that need to be fixed is the incorrect number of vested award shares that are showing in the Plan Reserve History report. In addition, I think they need to provide access to the sandbox (echo) environment to all their clients, especially if Cetent is planning to remove some functionalities in the production environment (such as the ability to model exercises).
Recommendations to others considering the product:
Certent Equity Compensation Management is the best option for startups and private companies. Thrugh Certent, it is easier to enter and keep equity compensation related data. You can spare yourself from the headache of responding to audit requests, and you can generate all equity -compensation related reports whenever you need them.
What problems are you solving with the product? What benefits have you realized?
One of the benefits I see in Certent is the ability to generate stock certificates. This is very helpful especially for small and private companies because they do not need to spend a fortune on another company that will issue the stock certificates for them.
