{"id":125025,"date":"2022-05-03T00:00:00","date_gmt":"2022-05-02T23:00:00","guid":{"rendered":"https:\/\/gs:8890\/academy\/espp-software\/"},"modified":"2013-12-15T00:00:00","modified_gmt":"2013-12-15T00:00:00","slug":"espp-software","status":"publish","type":"post","link":"https:\/\/www.jpmorganworkplacesolutions.com\/hk\/insights\/espp-software\/","title":{"rendered":"ESPP Software – Employee Stock Purchase Plans"},"content":{"rendered":"

Stock ownership through an\u00a0employee stock purchase plan (ESPP)<\/a>\u00a0is proven to increase employee engagement and help companies grow and become more profitable.\u00a0So, many companies want to capitalize on the scheme.<\/p>\n

It then brings us to the next important point \u2013\u00a0Execution<\/strong>. Even the best benefits can be perceived poorly if they\u2019re not implemented properly. So, you need an automated system to take care of everything properly, from participant enrollment to trading and above board.<\/p>\n

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Contact Global Shares Now<\/h4>\n

\t\t\t\t\t\tOur award-winning ESPP management platform features ease of use at its core and provides employees with 24\/7 personalized access to their ESPP equity. We\u2019ll walk you through the ESPP process.
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\n\t\t\t\t\t\tContact Us\t\t\t\t\t<\/a><\/p>\n

In this article, you\u2019ll\u00a0gain peace of mind and confidence<\/strong>\u00a0knowing there\u2019s a simplified, all-in-one ESPP software option that provides the best ESPP personalized experience for you and your participants\u00a0whether you are switching ESPP management providers or upgrading from managing your share plan on spreadsheets.<\/p>\n

What is the best ESPP software for you and your participants?<\/h2>\n

A short answer to it is: A robust system that can simplify every process of the ESPP administration from, enrolment, through to stock purchase, and on to disposition. It should aim to save you time and money in the long run.<\/p>\n

So, you should look for a provider that covers the following features and benefits to simplify your ESPP administration.<\/p>\n

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  1. Technology and Experts:<\/strong> The software provider should do the heavy lifting work for you – setting up your plan and offering you administrative efficiencies. So, you can concentrate on your core business.<\/li>\n
  2. Ease of Administration without a Steep Learning Curve:<\/strong> You want to eliminate the risk of knowledge loss should your ESPP administrators move on and a new staff member has to learn everything from scratch.<\/li>\n
  3. A Dedicated Relationship Manager<\/strong>: Your assigned manager will know you, your requirements, and your plan in great detail and will be there to assist you at all stages of the process, ensuring a smooth transition.<\/li>\n
  4. An Engaging Employee Portal:<\/strong> It allows employees to log in to view and interact with their ESPP online, optimizing their experience and simplifying the stock plan administration.
    Bonus Tip: A well-designed and easy-to-use online employee portal can also help\u00a0boost ESPP enrolment rates<\/a>.<\/em><\/em>\u00a0\n

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  5. Automation of Key Administrative Tasks:<\/strong> Such as tax elections, exercise options, transaction history, task notification, voting, modeling calculators, downloadable statements, grant acceptance, selling shares & much more<\/li>\n
  6. Customized Reporting<\/strong>: You should be able to access all the reporting information e.g. financial and business intelligence (BI) reports, to keep on top of the activities within your employee stock plans and simplify expense\/tax filing.<\/li>\n
  7. Enhanced Security<\/strong> with the choice of a variety of login authentication options<\/li>\n
  8. Low Legal Risk<\/strong>: You should be assured of the highest level of compliance to maintain data integrity and accuracy.<\/li>\n<\/ol>\n

    Global Shares \u2013 your ideal ESPP provider<\/b><\/h2>\n

    Our cloud-based ESPP software is developed and managed 100% in-house. It\u2019s smart, intuitive, and well-designed. It\u2019s built with 4 key factors in mind: Accuracy, Security, Efficiency, and Comprehensiveness, to cater to all the complexities of administering an ESPP.<\/p>\n

    Features & Benefits at a Glance:<\/h3>\n

    Our solution combines ESPP stock plan expertise with daily plan administration, operational processing and participant management with the above mentioned features\u00a0PLUS<\/strong>\u00a0extra benefits:<\/p>\n

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    \n\t\t\tSmart & New Technology \t\t<\/h5>\n

    \n\t\talong with a team of experienced experts\t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tEase of Administration\t\t<\/h5>\n

    \n\t\t24\/7 access without a steep learning curve \t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tExcellent Support\t\t<\/h5>\n

    \n\t\tIncludes a dedicated client manager, stock plan analyst team and client service desk etc\t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tEngaging Employee Portal\t\t<\/h5>\n

    \n\t\t24\/7 access with multi-lingual support\t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tAutomation of Key Tasks\t\t<\/h5>\n

    \n\t\tE.g. task notification, grant acceptance, exercising options, selling shares \t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tEnhanced Security\t\t<\/h5>\n

    \n\t\tSupported by a team of in-house cyber security and IT professionals \t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tCustomized Reporting \t\t<\/h5>\n

    \n\t\tFinancial & BI reports in various types, e.g. tables, charts, data map etc. at the click of a button\t<\/p>\n

    \t\t\t\t\t\"\"\t\t\t\t<\/p>\n

    \n\t\t\tLow Legal & Compliance Risks\t\t<\/h5>\n

    \n\t\tThe highest level of compliance to maintain data integrity and accuracy\t<\/p>\n

    EXTRA Features & Benefits:\u200b<\/h3>\n