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What is Slice?

Organizations, alongside their employees, encounter a range of legal and financial challenges that can be quite daunting. The multifaceted nature of these challenges arises from various factors that complicate the current systems. Each country implements its own unique and frequently changing regulations concerning equity, which can result in considerable financial implications for both companies and their personnel. The complexity of tax legislation associated with equity can be overwhelming, and mistakes in this area may yield long-term consequences, often leading to overlooked opportunities for substantial tax benefits. Creating and overseeing global equity strategies requires significant investment in terms of time and resources, as it entails thorough and often expensive research. Additionally, staying informed about ongoing regulatory changes poses a significant challenge, increasing the likelihood of mistakes. To effectively navigate these complexities, it is essential to adopt proactive measures that provide alerts for maintaining compliance worldwide, thereby mitigating any potential exposure risks. This strategy not only protects against penalties but also enhances the management of equity initiatives, resulting in a more streamlined and effective process overall. Moreover, such an approach fosters a culture of compliance within the organization, encouraging continuous improvement and adaptation to evolving regulations.

What is Hissa?

Hissa is an Indian company focused on the full equity and ESOP lifecycle, serving private, public unlisted, and listed businesses. Founders, finance teams, HR, employees, and investors all work from one shared record of equity, covering everything from designing a plan to granting, vesting, exercising, and providing liquidity. On the software side, Hissa handles grant issuance and vesting runs, and maintains an always-current cap table that covers ordinary shares, preference shares, convertibles, ESOPs, SARs, ESPPs, RSUs, and phantom equity. Before exercising, employees can check their own grants, vesting schedule, fair value, and perquisite tax. Finance teams receive Ind AS 102/iGAAP expense figures, including Black-Scholes valuations, so no one has to rebuild a spreadsheet every quarter. Investors get a separate portal showing their ownership and dilution. Compensation modelling helps benchmark equity grants. Hissa is not a cash-compensation or HRIS product. Liquidity is offered alongside administration, rather than replacing it. The Hissa Fund is a SEBI-registered Category II alternative investment fund with a target corpus of $35 million. It purchases vested employee shares in growth-stage Indian private companies at a value approved by the board, and holds them until the company exits. Employees receive payment within T+5 business days. As the company runs no buyback, the purchase stays off its balance sheet. Hissa runs in the browser, with no iOS or Android app. Startups with fewer than 25 employees pay $15 per user per year, plus a $250 onboarding fee. Larger and listed companies receive a quote on request. Demos are available, though there is no free trial.

Media

Media

Integrations Supported

Access PeopleHR
BambooHR
CatalystOne
Cezanne HR
Charlie HR
Deel
Employment Hero
Factorial
Justworks
Loket.nl
Microsoft Dynamics 365
Microsoft Entra
Okta
OneLogin
Pulley
Rippling
Sapling
UKG Pro
Workday Extend
Zoho People

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$15/year

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Slice

Company Location

Israel

Company Website

www.sliceglobal.com

Company Facts

Organization Name

Hissa

Date Founded

2019

Company Location

Bengaluru, India

Company Website

www.hissa.com

Categories and Features

Equity Management

Not specified

Categories and Features

Equity Management

Cap Table Management
ESOP Management
Financial Modeling
Options Management
Participant Portal
Portfolio Management
VSOP Management
Valuation Management
Vesting Management

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