OptionTrax Pricing, Features, Reviews & Alternatives

OptionTrax

Capitalization table and equity management software

4.8/5 (5 reviews)

OptionTrax overview

What is OptionTrax?

OptionTrax is an equity management software designed to help businesses manage capitalization tables, equity shares, valuations, and employee stock plans. The application enables stakeholders to handle equity awards including restricted stock awards (RSAs), stock appreciation rights (SARs), stock options, performance or phantom awards, equity warrants, and more.

Businesses can utilize the employee stock purchase plan (ESPP) module to track cash contributions, share purchases, balances, and withdrawals. The integrated capitalization table management system allows proprietors to create, issue, transfer, restrict, and cancel various types of securities including derivatives, debt, and equity securities. Administrators can use OptionTrax’s total rewards solution to generate a total rewards statement, which includes employee compensation details such as base pay, bonus, equity, 401(k) plan, and other corporate benefits information.

OptionTrax integrates insight administration platform with various payroll and human resource systems, ensuring synchronization of tax and employee demographic information across multiple platforms. Other features include ad hoc reports, communication management, electronic grant agreements, compliance management, interest payment calculation, and more.
optiontrax.com

Pricing

Starting from
$50/month
Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L
OptionTrax screenshot: OptionTrax plan administration dashboardOptionTrax screenshot: OptionTrax insightsOptionTrax screenshot: OptionTrax shareholder management

OptionTrax user reviews

Excellent
4

Very good
1

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  5.0
  5.0
  4.8
  5.0
Jeanne S.

Plan Management (OptionTrax/InvestmenTrax)

Used daily for 2+ years
Reviewed 2020-09-11
Review Source: Capterra

I truly could go on and on, however, one of the key factors to consider when making a commitment like this is what will support be like after we have signed on the dotted line. I can say from personal experience that the support level has never diminished. If I ask for help, it is quickly received. If I need to talk to a human to go over something - that has always been arranged. There are times that trading emails just is not efficient and I greatly value the team taking the time to pick up the phone. The team at Plan Management are all professional and dedicated but also very warm and welcoming.

Pros
We are a private company which self administer our plan by entering all grants (monthly); processing exercises. Our plan consists of a wide variety of grant notices and vesting schedules. The ease with which we can enter a grant, create a new vesting schedule, handle RSU's and the like has been a life saver. With regard to the 100K rule, the fact that the system accurately calculates ISO/NQSO grants, and when each of the tranches occur - priceless. Exercises are simply to enter and automatically transfer to the InvestmenTrax (equity side). Cap tables, reporting and stock certificate generation (paper or electronic) - piece of cake. The implementation itself was easy and efficient. The system has had interface upgrades over the years and just gets easier and better.

Cons
I do not have a current "bucket" list - all upgrades, changes, system modifications that made our business better have all been taken care of. The best thing is that we have never had a "fix or change" revert back to an issue after a software upgrade (which has happened with other software systems).

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Kathryn R.

Highly recommend OptionTrax for CapTable and Shareholder Records for Private Companies

Used daily for 6-12 months
Reviewed 2020-09-18
Review Source: Capterra

We maintain our Shareholder records and CapTable on OptionTrax. OptionTrax has automated integration with Equity Edge Online, allowing for smooth reconciliations and period end closing process. It also provides shareholder statements and excellent reporting capabilities. We have been very pleased with this product.

Pros
This software is very intuitive and user friendly. Automatic feeds from stock administration software makes processing exercise issuances and period end closes so easy. Any issues are few and far between, unlike other softwares I have used. Investor Statements are easy to pull, professional looking and very helpful for shareholders. The ability to have shareholder account logins is very popular with investors.

Cons
I would strongly recommend adding in Rule 701 calculations and reporting ability (I believe I heard you were working on this?).

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Courtney M.

Equity Comp and Management

Used monthly for 2+ years
Reviewed 2020-09-18
Review Source: Capterra

The customer service at OptionTrax is great. They are attentive to your needs, even if your processes are different than the majority of other clients. They are responsive, knowledgeable and a great resource to our company.

Pros
I use this software to manage out Equity Compensation and I use reports to calculate out WASO Calculation quarterly. Using OptionTrax reports are helpful during month end close. I use a stock expense report to make my monthly entries for RSA and ISO. I find that the plan management tab is a great resource for seeing an individuals upcoming vesting events. I also use the Phantom Stock Release reports, which show me who ha vesting events coming up over a period of time. The system is easy to use and navigate.

Cons
The only con I have is that when entering stock grants the cost basis field should be required. For example, when I took over this position there were several grants that the previous user did not enter the cost basis. This then required me to do more research to find the cost basis for grants in question.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Scott R.

Excellent Choice

Used weekly for 2+ years
Reviewed 2020-09-11
Review Source: Capterra

We received great support from Optiontrax at implementation and post implementation. We truly feel that they see us as a partner with common objectives.

Pros
Very easy to use, much more reliable and accessible than Excel alternatives

Cons
Wish it had better integration with ERP, HR and BI solutions

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Kevin D.

OptionTrax Review

Used monthly for 2+ years
Reviewed 2020-09-17
Review Source: Capterra

Pros
The software is a great tool to provide our employees awareness to the value of their long term equity incentives.

Cons
We often need assistance from customer service to setup grants correctly.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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OptionTrax pricing

Starting from
$50/month
Pricing options
Subscription
View Pricing Plans

Please contact Plan Management Corp. directly for pricing information.

OptionTrax features

Activity Dashboard
Compliance Management
Customizable Reports
Reporting & Statistics
Reporting/Analytics

API (404 other apps)
Accounting (291 other apps)
Accounting Integration (236 other apps)
Alerts/Notifications (331 other apps)
Audit Trail (277 other apps)
Billing & Invoicing (363 other apps)
Data Import/Export (360 other apps)
Electronic Payments (239 other apps)
Expense Tracking (262 other apps)
Invoice Management (308 other apps)
Invoice Processing (236 other apps)
Multi-Currency (320 other apps)
Recurring/Subscription Billing (231 other apps)
Third Party Integrations (347 other apps)
Workflow Management (271 other apps)

Additional information for OptionTrax

Key features of OptionTrax

  • Cap Table Management
  • Equity Management
  • Financial Modeling
  • Investor Reporting
  • Options Management
  • Participant Portal
  • Valuation Management
  • Vesting Management
View All Features