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What is ShareForce?

ShareForce is an innovative online platform aimed at optimizing and automating the administration of employee incentive programs. This comprehensive solution integrates seamlessly with HR, CRM, payroll, and communication systems, providing users with a unified experience. Users can easily carry out valuations and performance calculations that meet audit readiness standards while generating reports on demand. The platform adeptly handles both cash and equity plans, ensuring compliance with IFRS and GAAP regulations at all times. The intuitive interface simplifies the creation of expense and disclosure reports, making the process efficient. Moreover, a specialized deployment team is on hand to facilitate a smooth transition, alleviating any potential concerns for users. ShareForce also allows for the tracking and management of the entire award lifecycle, promoting effective communication with employees throughout the process. This functionality includes the administration of share plans, issuances, elections, vestings, and settlements. Employees have access to a secure portal where they can accept and exercise their awards, as well as monitor the company's share price to evaluate their ownership stake. Additionally, users can design and assess both equity and cash incentive plans that are influenced by short and long-term performance metrics, ultimately enhancing the effectiveness of incentive management strategies. This robust functionality ensures that companies can tailor their incentive plans to align with their overall business objectives while maximizing employee engagement.

What is Hissa?

Hissa is a cloud-based solution designed for the administration of equity and Employee Stock Ownership Plans (ESOPs), addressing the requirements of businesses, finance and HR departments, employees, and investors alike. It streamlines various functions related to ESOP management, including plan design, grant issuance, vesting schedules, exercise workflows, cap table maintenance, and stakeholder record management, while also ensuring compliance with Ind AS 102 reporting standards and providing equity compensation modeling. Employees benefit from a specialized portal that allows them to track their grants, monitor vesting status, evaluate the value of their equity, and calculate potential tax consequences, while company administrators can manage ownership documentation and generate essential reports. Beyond these functions, Hissa also offers liquidity and secondary-market solutions, featuring a fund tailored to acquire eligible vested shares from employees, subject to prevailing approvals and conditions. Primarily aimed at Indian startups and businesses navigating employee equity management, Hissa seeks to simplify the intricacies of equity oversight, thereby improving operational efficiency and clarity for all involved. This holistic strategy not only aids companies in the proficient management of their equity structures but also equips employees with the necessary tools to maximize their financial advantages and fully grasp the implications of their equity holdings. Furthermore, Hissa's user-friendly interface ensures that all stakeholders can easily navigate the complexities of equity management, fostering a more informed and engaged workforce.

Media

Media

No images available

Integrations Supported

Amazon Web Services (AWS)
Monte Carlo

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

$15/year

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

ShareForce

Date Founded

2015

Company Location

England

Company Website

www.shareforce.net

Company Facts

Organization Name

Hissa

Date Founded

2019

Company Location

India

Company Website

www.hissa.com

Categories and Features

Equity Management

Not specified

Categories and Features

Equity Management

Not specified

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