Shareplan is a popular software solution used by businesses to manage and streamline their share ownership plans. It provides a range of features, including equity administration, cap table management, and financial reporting. While Shareplan offers comprehensive capabilities, there are several alternatives and competitors in the market that provide similar or even more advanced functionalities for managing share ownership plans. In this article, we will explore the ten best Shareplan alternatives and competitors in 2024, highlighting their key features and similarities to Shareplan.

1. Carta

Carta is a leading equity management platform that helps companies manage their cap tables, valuations, and employee equity plans. It offers a user-friendly interface and robust features for tracking and issuing shares, as well as generating reports and compliance documents. Carta also integrates with other tools like payroll systems and HR software, providing a seamless experience for managing share ownership plans. With its comprehensive functionality and strong industry reputation, Carta is a top alternative to Shareplan.

Key Features: Cap table management, equity plan administration, compliance reporting, integration with payroll and HR systems.

Reading more:

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

2. Solium (Now part of Shareworks by Morgan Stanley)

Solium, now part of Shareworks by Morgan Stanley, is an enterprise-grade software solution for equity plan management. It offers a wide range of features, including cap table management, participant administration, and global compliance. Solium provides real-time reporting and analytics, allowing businesses to make data-driven decisions regarding their share ownership plans. With its robust functionality and global reach, Solium is a strong competitor to Shareplan.

Key Features: Cap table management, participant administration, global compliance, real-time reporting and analytics.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

3. Certent

Certent is a comprehensive equity management solution that helps companies automate and streamline their share plan processes. It offers features such as cap table management, participant administration, and financial reporting. Certent also provides advanced modeling and scenario analysis capabilities, allowing businesses to simulate the impact of different share ownership scenarios. With its focus on automation and advanced analytics, Certent is a compelling alternative to Shareplan.

Key Features: Cap table management, participant administration, financial reporting, modeling and scenario analysis.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

4. Global Shares

Global Shares is an equity management platform that offers a range of features for managing employee share plans. It provides tools for cap table management, participant administration, and compliance reporting. Global Shares also offers a customizable employee portal, enabling participants to view their share ownership information and exercise their options online. With its user-friendly interface and customizable features, Global Shares is a strong contender in the market.

Key Features: Cap table management, participant administration, compliance reporting, customizable employee portal.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

Reading more:

5. E*TRADE Corporate Services (Now part of Morgan Stanley)

E*TRADE Corporate Services, now part of Morgan Stanley, is a comprehensive equity management solution for businesses of all sizes. It offers features such as cap table management, participant administration, and compliance reporting. E*TRADE Corporate Services also provides educational resources and support for employees, helping them understand and make the most of their share ownership plans. With its extensive functionality and industry expertise, E*TRADE Corporate Services is a strong alternative to Shareplan.

Key Features: Cap table management, participant administration, compliance reporting, employee education and support.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

6. Shareworks by Morgan Stanley

Shareworks by Morgan Stanley is a comprehensive equity management platform that helps companies manage their share ownership plans. It offers features such as cap table management, participant administration, and compliance reporting. Shareworks also provides mobility solutions, allowing participants to access their share ownership information on the go. With its robust functionality and integration with other Morgan Stanley services, Shareworks is a compelling alternative to Shareplan.

Key Features: Cap table management, participant administration, compliance reporting, mobility solutions.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

7. ShareVault

ShareVault is a secure document sharing and virtual data room platform that can be used for managing share ownership plans. It provides features such as document storage, access control, and audit trails. ShareVault's advanced security measures ensure that sensitive share ownership information remains confidential. While not specifically designed for equity administration, ShareVault can be a valuable tool for securely sharing and managing documents related to share ownership plans.

Key Features: Document storage, access control, audit trails, advanced security measures.

Similarities to Shareplan: Securely managing and sharing documents related to share ownership plans.

8. OptionTrax

OptionTrax is a cloud-based equity management platform that specializes in managing employee stock options. It offers features such as option tracking, participant administration, and compliance reporting. OptionTrax's intuitive interface and customizable dashboards make it easy for businesses to track and manage their stock option programs. With its focus on stock options and user-friendly interface, OptionTrax is a strong competitor to Shareplan.

Reading more:

Key Features: Option tracking, participant administration, compliance reporting, customizable dashboards.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting (specifically for stock options).

9. EquityEffect

EquityEffect is a cloud-based equity management platform that helps businesses manage their share ownership plans. It offers features such as cap table management, participant administration, and compliance reporting. EquityEffect also provides integration with accounting systems, allowing for seamless financial reporting. With its focus on simplicity and integration capabilities, EquityEffect is a compelling alternative to Shareplan.

Key Features: Cap table management, participant administration, compliance reporting, integration with accounting systems.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

10. Capdesk

Capdesk is a cloud-based equity management platform that simplifies the administration of share ownership plans. It offers features such as cap table management, participant administration, and compliance reporting. Capdesk also provides tools for secondary trading of shares, making it easier for employees to sell their vested equity. With its user-friendly interface and focus on simplifying share plan administration, Capdesk is a strong competitor to Shareplan.

Key Features: Cap table management, participant administration, compliance reporting, secondary share trading.

Similarities to Shareplan: Managing share ownership plans, equity administration, financial reporting.

In conclusion, while Shareplan provides comprehensive features for managing share ownership plans, these ten alternatives and competitors offer similar or even more advanced functionalities in the market in 2024. Whether you prefer the robustness and integration capabilities of platforms like Carta or Solium, the simplicity and customization features of Certent or Global Shares, or the stock option specialization of OptionTrax, exploring these alternatives can help businesses find the best solution that aligns with their specific needs and requirements, ensuring efficient and effective management of share ownership plans.