EASi introduces Grant WorkStream to facilitate grant administration.
TELECOMWORLDWIRE-November 22, 2010-EASi introduces Grant WorkStream to facilitate grant administration(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com
Independent stock plan software company Equity Administration Solutions Inc (EASi) announced on Monday the availability of Grant WorkStream, which facilitates the grant administration process.
In addition to online grant acceptance, the platform now includes Command Center and Merge Master, as well as the ability to select one of three grant acceptance processes.
The Command Center puts the tools for online grant package creation, delivery, notification and acceptance management in one screen, enabling administrators to control when participants see their grants and when expensing and reporting begin. The functionality also includes quick status review and reset functions.
Merge Master tool enables dynamic presentation of each participant's grant details into the master plan document. Administrators can create a shell HTML document that applies to all Participants receiving the same type of grant using merge tags to designate where the Participant and grant-specific details are shown.
The platform supports three different Grant Acceptance Processes: Acceptance Activates Grant; Acceptance Allows Exercise/Release; and Acceptance Optional with no punitive consequence to participants.
Grant acceptance locks down and creates an audit archive of the grant package. EASi also supports interfaces with brokers and other external systems used for the grant acceptance process, the company said.
No pricing details were disclosed.
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|Article Type:||Brief article|
|Date:||Nov 22, 2010|
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