OptionTrax Review
What is OptionTrax?
OptionTrax is a customizable suite of stock option plan and cap table management software. Developed with the support of experienced equity professionals, it is designed for both private and public organizations. It can be utilized by anybody from small startups to huge public companies with small to medium-sized equity plans.
The software handles different award and security types — including digital stock certificates and e-signature-based grant agreements — in various currencies. Moreover, using the Black-Scholes model, OptionTrax can help you streamline performance vesting and management of termination types.
Through advanced technology, real-world education, and streamlined support, OptionTrax aims to simplify equity administration for both private and public entities. OptionTrax offers the flexibility of letting you choose between self-administration or fully supported program management. Their plans are also customizable, so you can choose which services your organization actually needs and can afford.
OptionTrax simplifies equity and stock option plan management through the combination of automated tracking, comprehensive reporting, and efficient communication. Furthermore, despite the program’s simplicity, all of OptionTrax’s features echo stringent compliance requirements.
OptionTrax allows you to design your own program through their proprietary insight™ modules. You can select which systems you want to integrate with the platform to make tracking and management more efficient. Because of its flexibility, you gain control of how much your plan will cost.
Show MoreOverview of OptionTrax Benefits
OptionTrax provides the following main benefits:
Easy automated tracking
OptionTrax employs a combination of advanced technology and integration to help you efficiently and seamlessly track the history of your investors, funding, issuances, cancellations, and corporate actions. It also lets you track cost basis, investor activities, funding events, and other aspects in a single, easy-to-use platform.
Simplified employee stock plan administration
Employee stock plan management can be a challenge for companies hoping to leverage reliable monitoring and recording while wanting to maintain simplicity and cost-efficiency. OptionTrax is designed specifically to meet users’ need for a simplified stock plan management process without compromising efficiency and accuracy. OptionTrax provides real-time summarized or detailed reporting of plan and transaction details, all while being easy to navigate.
Various administration service levels
Different organizations operate differently and thus have different needs. These needs are also bound to change and evolve over time. OptionTrax was developed with this in mind. The team behind OptionTrax offers various levels of support, each designed to meet your dynamic support needs.
You can choose between self-administration, customized administration, and full outsourced administration. You have the freedom to switch between these support levels as you deem necessary.
Manage multiple accounts with a single login
Possibly one of the main reasons why you’re on the lookout for an equity plan and cap table management software is so that you can monitor and manage multiple accounts using just one platform. OptionTrax lets you do exactly that. With this program, you can integrate your equity compensation plan and cap table and shareholder management modules. As a result, you can easily follow both internal and external investor and shareholder activities.
Full customization option
Aside from its robust reporting and functionality features, OptionTrax also allows organizations to fully customize their own system. This way, OptionTrax meets your specific integration, communication, reporting, and management needs. Customizing your OptionTrax system also means that you will only pay for services that you actually need and use. This is made possible by their insight™ modules.
Show MoreOverview of OptionTrax Features
- Employee stock plan tracking
- Termination schedule customization
- Unlimited vesting schedules management
- Transactions processing
- ESPP cash contributions tracking
- Withdrawals and share purchases tracking
- Transaction reporting
- Report filtering
- Different report formats
- Ad hoc reports
- Calculation of intrinsic award values
- Disclosure requirements
- Acquisition and liquidation modeling
- Investor activities tracking
- Payout
- Acquisition & exchange management
- Multiple accounts management
- Document access and storage
What Problems Will OptionTrax Solve?
Problem #1: When managing your stock option plan in Excel becomes a headache
With full, flexible reporting functionality and complete auditability, OptionTrax removes the headaches caused by managing your equity plan in Excel.
Problem #2: Your company has grown. So has the complexity of your equity plan
OptionTrax has the flexibility to add new award types, vesting schedules, termination types, special cases for executives and more. Unmatched flexibility means OptionTrax can support you as your needs change and your plan grows.
Problem #3: When you’ve got questions your current provider can’t answer or takes too long to answer
The vendor has experts ready to help. You get a phone number with a highly-experienced Certified Equity Professional waiting on the other end to answer questions about the system or equity comp at large. The average tenure of the vendor’s experts is 17 years.
Awards & Quality Certificates
OptionTrax Position In Our Categories
Since companies have their own business-related wants, it is only practical they abstain from going for an all-in-one, ”best” business application. Be that as it may, it is troublesome to stumble on such application even among widely used software systems. The logical thing to undertake is to make a list of the various significant factors that require inspection including crucial features, price plans, technical skill competence of the users, business size, etc. After which, you should do your research exhaustively. Have a look at some of these OptionTrax evaluations and look over the other solutions in your shortlist more closely. Such detailed research ensures you weed out unsuitable apps and select the one that delivers all the benefits your business requires.
Position of OptionTrax in our main categories:
Since each organization has specific business wants, it is advisable for them to desist from seeking a one-size-fits-all ideal software system. Needless to say, it would be pointless to try to find such an app even among widely used software platforms. The clever thing to do would be to list the various vital elements that require consideration such as main features, finances, skill levels of staff members, company size etc. Then, you should do your homework thoroughly. Read some OptionTrax Financial Reporting Software reviews and look into each of the other systems in your shortlist in detail. Such exhaustive research can make certain you weed out ill-fitting platforms and choose the solution that provides all the features you need for business success.
How Much Does OptionTrax Cost?
OptionTrax Pricing Plans:
Free Trial
Cap Table Management for Private Companies
$50/month
Equity Plan & Cap Table Management for Private Companies
$200/month
Equity Plan & Cap Table Management for Public Companies
$350/month
Tailored
Contact vendor
What are OptionTrax pricing details?
OptionTrax Pricing Plans:
Free Trial
Cap Table Management for Private Companies
$50/month
Equity Plan & Cap Table Management for Private Companies
$200/month
Equity Plan & Cap Table Management for Public Companies
$350/month
Tailored
Contact vendor
Below are sample OptionTrax plans and the included features. Interested parties are encouraged to contact the vendor for more detailed and customized enterprise pricing.
Cap Table Management for Private Companies – Starts at $50 per month, billed annually
- Funding and capitalization reporting
- Securities and shareholder management
- Document management and storage
- Corporate action processing
Equity Plan Management for Private Companies – Starts at $200 per month, billed annually
- Real-time reporting
- Compliance monitoring
- Stakeholder communication
- Automated equity tracking
Equity Plan Management for Public Companies – Starts at $350 per month, billed annually
- Real-time reporting
- Compliance monitoring
- Stakeholder communication
- Custom award valuation
- Equity tracking
User Satisfaction
Positive Social Media Mentions
113
Negative Social Media Mentions
3
We are aware that when you choose to purchase a Financial Reporting Software it’s important not only to see how professionals rank it in their reviews, but also to discover if the actual users and companies that use this software are indeed content with the service. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and OptionTrax reviews across a broad array of social media sites. The data is then featured in a simple to understand way indicating how many people had positive and negative experience with OptionTrax. With that information at your disposal you will be equipped to make an informed purchasing choice that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
- Open API
Language Support
- English
Pricing Model
- Monthly payment
- Annual Subscription
- Quote-based
Customer Types
- Small Business
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for OptionTrax?
No information available.
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