About OptionTrax

OptionTrax is an equity management software designed to help businesses manage capitalization tables, equity shares, valuations, and employee stock plans. The application enables stakeholders to handle equity awards including restricted stock awards (RSAs), stock appreciation rights (SARs), stock options, performance or phantom awards, equity warrants, and more.

Businesses can utilize the employee stock purchase plan (ESPP) module to track cash contributions, share purchases, balances, and withdrawals. The integrated capitalization table management system allows proprietors to create, issue, transfer, restrict, and cancel various types of securities including derivatives, debt, and equity securities. Administrators can use OptionTrax’s total rewards solution to generate a total rewards statement, which includes employee compensation details such as base pay, bonus, equity, 401(k) plan, and other corporate benefits information.

OptionTrax integrates insight administration platform with various payroll and human resource systems, ensuring synchronization of tax and employee demographic information across multiple platforms. Other features include ad hoc reports, communication management, electronic grant agreements, compliance management, interest payment calculation, and more.

Devices

Business size

S M L

Markets

United States

Supported Languages

English

Images

OptionTrax plan administration dashboard
OptionTrax insights
OptionTrax shareholder management
View 4 more
OptionTrax screenshot: OptionTrax plan administration dashboard OptionTrax screenshot: OptionTrax insights OptionTrax screenshot: OptionTrax shareholder management

Features

Total features of OptionTrax: 33

  • Action Planning
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Analysis
  • Ad hoc Reporting
  • Administrative Reporting
  • Analytics
  • Collaboration Tools
  • Collaborative Workspace
  • Compensation Management
  • Compensation Statements
  • Compliance Management
  • Customizable Reporting
  • Document Management
  • Document Review
  • Document Storage
  • Employee Management
  • Financial Analysis
  • Financial Management
  • Planning Tools
  • Productivity Reporting
  • Project Planning
  • Real Time Analytics
  • Reporting & Statistics
  • Role Management
  • Role-Based Permissions
  • Scheduled Reporting
  • Search Functionality
  • Spend Analysis
  • Strategic Planning
  • Summary Reports
  • Task Planning
  • User Defined Attributes

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Reviews

Overall rating

4,8 /5
(5)
Value for Money
5/5
Features
5/5
Ease of Use
4,8/5
Customer Support
5/5

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Showing 5 reviews of 5
Jeanne S.
Overall rating
  • Industry: Telecommunications
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Plan Management (OptionTrax/InvestmenTrax)

Reviewed on 2020/09/11

I truly could go on and on, however, one of the key factors to consider when making a commitment...

I truly could go on and on, however, one of the key factors to consider when making a commitment like this is what will support be like after we have signed on the dotted line. I can say from personal experience that the support level has never diminished. If I ask for help, it is quickly received. If I need to talk to a human to go over something - that has always been arranged. There are times that trading emails just is not efficient and I greatly value the team taking the time to pick up the phone. The team at Plan Management are all professional and dedicated but also very warm and welcoming.

Pros

We are a private company which self administer our plan by entering all grants (monthly); processing exercises. Our plan consists of a wide variety of grant notices and vesting schedules. The ease with which we can enter a grant, create a new vesting schedule, handle RSU's and the like has been a life saver. With regard to the 100K rule, the fact that the system accurately calculates ISO/NQSO grants, and when each of the tranches occur - priceless. Exercises are simply to enter and automatically transfer to the InvestmenTrax (equity side). Cap tables, reporting and stock certificate generation (paper or electronic) - piece of cake.

The implementation itself was easy and efficient. The system has had interface upgrades over the years and just gets easier and better.

Cons

I do not have a current "bucket" list - all upgrades, changes, system modifications that made our business better have all been taken care of. The best thing is that we have never had a "fix or change" revert back to an issue after a software upgrade (which has happened with other software systems).

Kathryn R.
Overall rating
  • Industry: Real Estate
  • Company size: 501-1 000 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Highly recommend OptionTrax for CapTable and Shareholder Records for Private Companies

Reviewed on 2020/09/18

We maintain our Shareholder records and CapTable on OptionTrax. OptionTrax has automated...

We maintain our Shareholder records and CapTable on OptionTrax. OptionTrax has automated integration with Equity Edge Online, allowing for smooth reconciliations and period end closing process. It also provides shareholder statements and excellent reporting capabilities.
We have been very pleased with this product.

Pros

This software is very intuitive and user friendly. Automatic feeds from stock administration software makes processing exercise issuances and period end closes so easy. Any issues are few and far between, unlike other softwares I have used.
Investor Statements are easy to pull, professional looking and very helpful for shareholders. The ability to have shareholder account logins is very popular with investors.

Cons

I would strongly recommend adding in Rule 701 calculations and reporting ability (I believe I heard you were working on this?).

Courtney M.
Overall rating
  • Industry: Banking
  • Company size: 51-200 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Equity Comp and Management

Reviewed on 2020/09/18

The customer service at OptionTrax is great. They are attentive to your needs, even if your...

The customer service at OptionTrax is great. They are attentive to your needs, even if your processes are different than the majority of other clients. They are responsive, knowledgeable and a great resource to our company.

Pros

I use this software to manage out Equity Compensation and I use reports to calculate out WASO Calculation quarterly. Using OptionTrax reports are helpful during month end close. I use a stock expense report to make my monthly entries for RSA and ISO. I find that the plan management tab is a great resource for seeing an individuals upcoming vesting events. I also use the Phantom Stock Release reports, which show me who ha vesting events coming up over a period of time. The system is easy to use and navigate.

Cons

The only con I have is that when entering stock grants the cost basis field should be required. For example, when I took over this position there were several grants that the previous user did not enter the cost basis. This then required me to do more research to find the cost basis for grants in question.

Scott R.
Overall rating
  • Industry: Consumer Goods
  • Company size: 1 001-5 000 Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Excellent Choice

Reviewed on 2020/09/11

We received great support from Optiontrax at implementation and post implementation. We truly feel...

We received great support from Optiontrax at implementation and post implementation. We truly feel that they see us as a partner with common objectives.

Pros

Very easy to use, much more reliable and accessible than Excel alternatives

Cons

Wish it had better integration with ERP, HR and BI solutions

Kevin D.
Overall rating
  • Industry: Consumer Goods
  • Company size: 5 001-10 000 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

OptionTrax Review

Reviewed on 2020/09/17

Pros

The software is a great tool to provide our employees awareness to the value of their long term equity incentives.

Cons

We often need assistance from customer service to setup grants correctly.

Showing 5 reviews of 5 Read all reviews

OptionTrax FAQs

Below are some frequently asked questions for OptionTrax.

OptionTrax offers the following pricing plans:

  • Free Trial: Available

Please contact Plan Management Corp. directly for pricing information.

OptionTrax offers the following features:

  • Document Storage

OptionTrax has the following typical customers:

Small Business, Large Enterprises, Mid Size Business

OptionTrax supports the following languages:

English

We do not have any information about what devices OptionTrax supports

We do not have any information about what integrations OptionTrax has

OptionTrax offers the following support options:

Phone Support, Online Support, Video Tutorials

Related categories

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