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ESOP Master ™ is a desktop-based software for in-house management of ESOP information. It keeps a track of the entire ESOP cycle right from shareholder approval, grant to employees, exercise, payments, to reporting. |
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| What it helps you do? | ||
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Set option types | |
The software provides
for the functionality to define option types. The administrator
can set parameters such as vesting period and schedule, exercise
period, separation types and exercise prize formula to define an
option type. |
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Grant, exercise, cancel options and update employee separation information | |
Upload of new grants,
exercises and cancellations of option can be done through the software.
ESOP Master ™ also allows for update of employee separations
as per the rules specified. |
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Automated vesting as per the Option types defined | |
| Once vesting periods are defined in the option types, ESOP Master ™ takes care of the vesting. | ||
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Comprehensive reports | |
ESOP Master ™
provides comprehensive reports, both for the employees and the management.
Some of the reports that can be generated from the software are: |
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 Grant
wise summary report (View sample report) Employee
Individual option summary report (View sample report) ESOP
at a glance (Employee-wise, option-wise and No. of employee-wise)
(View sample report) Exercise,
Lapse and cancellation reports ((View sample report) Vesting
and lapse forecast reports (View sample report) Shareholder
approval report (View sample report) |
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Email reports to employees | |
It is important to
apprise employees of the status of their ESOPs. The application
provides for emailing the following select reports to select / all
employees. |
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Employee grant report Employee
exercise report Employee
cancellation report Employee
lapse report Employee
Individual option summary report |
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Import and validate bulk entries | |
Certain situations
might demand making multiple (bulk) entries (e.g. employee details,
market prices) into the software. The software allows for importing
and validating certain bulk entries by using certain standard templates.
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Back-up | |
| The application provides for a back-up facility for ensuring data retrieval at all times. | ||
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Security | |
ESOP Master ™
provides for a user name and password based security. It also allows
for assigning rights to users for access to select functionalities
in the software. |
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Technical
details: ESOP Master ™ has been developed using Visual Basic 6, MS Access, and Crystal Report 8. |
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Mail us at prachi@esopdirect.com
or call
us for a free demo on ESOP Master ™ |
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