Your cap table is often easy and can be operated with Excel during the initial days. However, as your firm’s scale increases, it’s an uphill task to keep funding, recruiting people, and maintaining equity opportunities up-to-date and accurate. Errors are expensive at this point, and depending on professional legal help might considerably delay you down.
How to Choose a Cap Table Software
We evaluated these technologies based on essential characteristics, which will help you choose a relevant software for your company:
User-friendly: A cap table management system should aid in the automation and simplification of the complexity of stock management without a high learning curve. The interface should be straightforward, intuitive, which saves money and time.
Table management: This is what it’s all about. A solid system will allow you to track and manage who owns stocks centrally and has the right in the future to exert equity covering options, cancellations, conversions of debt to equity, transfers, and stock issuances with legal compliance.
Compliance: One of the primary advantages of adopting an Equity Management System is compliance with the appropriate rules and taxes without expert legal support.
409A Assessments: A 409A is used to calculate the value of the common stock of a firm and to fix the strike prices for options issued.
Best Cap Table Online Software
Cap table management is essential to preserving regulatory compliance, and without competent support can be time-consuming and stressful, which is why EquityTrack is the best cap table software. Their skilled team uses efficient tools to maintain the organization of your cap table. Visit their website at www.equitytrack.co today to get a demo!
