Being responsible for the financial well-being of your company is an immense responsibility. You're the owner of the administrative, financial and risk management functions of your company. You need to consider cost, risk and ROI to justify the choices you make and recommendations you provide.
As you look at every corner of your business to find new ways to minimize costs and generate more revenue, think about the current state of your equity plan administration program. If you're performing this function in-house, there are obvious cost savings from outsourcing. But as your company, your staff, and the complexity of your plans grow, there comes a point where you simply outgrow in-house plan administration, where the costs in time and labor exceed the benefits.
Ever find yourself asking these questions:
- How much time are we spending on administering equity plans?
- How do we track all the costs of in-house administration?
- Are we doing enough to keep participants educated?
- Are we keeping up with the latest regulations and trends in our company's equity plan offerings?
- Are we compliant with tax and privacy laws?
- Did we award the right grants, to the right people, in the right amount?
- We didn't miss a blackout period, did we?
- Are we ready for an audit if it comes our way?
- How much time and manual effort is being spent on this?
- When will I find time to do all of this?
- Is this the best use of my time?
- What about the future? How can I forecast properly and ensure no errors?
- Is everything expensing properly? We can't miss out on any tax saving!
- We had how many fines and penalties this year?
- Can participants manage any of this on their own, at all?
- How are we helping participants maximize their financial portfolio?
- What's the ROI on our plan? Can we prove it?
Sound familiar?
If so, then it's time to consider outsourcing to an experienced provider and alleviate the administrative burden that distracts you from your company's financial priorities.
With the right experience and expertise in your corner you can actively control costs, cut unnecessary risk and properly forecast for the future to keep your financial and reputational risks at bay while supporting your goal of financial success.
Sound familiar?
If so, then it's time to consider outsourcing to an experienced provider and alleviate the administrative burden that distracts you from your company's financial priorities.
With the right experience and expertise in your corner you can actively control costs, cut unnecessary risk and properly forecast for the future to keep your financial and reputational risks at bay while supporting your goal of financial success.
To learn more about how Computershare can help you with outsourcing your equity plans and support your financial success, fill out the form below and one of our plan solution experts will contact you.