Complete the loop between your stock plan software system and the back office, eliminating manual touch points and keying errors to save you valuable time during your period close activities.
Employee Demographic Updates
Employee address changes, tax treatment, terminations and other information are uploaded from HR/Payroll to the stock plan software system on demand.
Employee year-to-date tax is synchronized for supplemental income, FICA, State Tax and other tax categories that you set up. Taxes from exercises and other taxable events flow from the SOA system back to Payroll while YTD regular income in Payroll is properly updated in the stock plan software system.
Synchronize ESPP eligibility, enrollment, and contribution data between HR/Payroll and your stock plan software system, eliminating manual report modifications.
Automate updates between systems, with our Directory Watcher. This feature allows you to schedule the process to run from your stock plan software system to HR/Payroll and also from HR/Payroll to your stock plan software system. Email notifications are sent to user defined contact or group of contacts, with status of the process, so you can manage by exception.
Set up user access privileges by user. This allows you complete flexibility in determining who should have access to our sensitive data. Data transfer happens through secure FTP and is PGP encrypted at all times for the best in industry standard data security.
Compare each new data feed with what exists in the target system and reports back what data will be changed. Notify other departments of specific updates so they can take any action that may be required.
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