As the CFO of a fast growing, privately-held company, stock option administration, option expensing and capitalization tables were never part of the job description. Yet, they’re complex tasks that involve members of your team, as well as your outside attorneys and auditors. It’s critical that you don’t waste any of your time. You’re overworked with the growing financial affairs of the business and your outside counsel and auditors are billing you for every hour they work on your equity reporting.
No matter the complexity of your capitalization structure or stock option plans, Corporate Focus enables your entire finance team to quickly locate accurate answers to your most pressing questions, leading to better decision-making and lower legal and audit fees. With online capitalization tables and automated option expensing under ASC Topic 718 (FAS 123R), it’s faster and easier to manage, report, and share this information.
If you’re not using a system like Corporate Focus, think about how much time is wasted the next time you’re working with multiple spreadsheets and you need to get your capitalization table 100% right for the Board. Or, you need to true-up your stock option expense for the amounts that vested each month and employee terminations over the past year. Empower your entire finance team and everyone who works with them. End the waiting game.
Why Corporate Focus for Finance Departments?
- Stop wasting time manually updating multiple spreadsheets
- Streamline stock option and ownership administration
- Produce fully-auditable FAS 123R valuation and expensing reports
- Share the workload among finance, HR, legal, and outside counsel
- Enable anytime, anywhere access for the entire finance and legal team
- Offer auditors and outside counsel immediate, direct access to your information
- Generate online capitalization tables with supporting minute book and ownership documents
- Comprehensive equity and disclosure reporting capabilities for any point in time
- Simplify complex ownership calculations for any date or class
