Solium's Online Instruments of Grant Module provides companies with the ability to distribute, track, collect and store signed grant agreements online. The service eliminates the lengthy manual process required to disburse, track and obtain grant acceptance from your participants. Save time, resources and prevent data integrity issues that often arise when manual entry is required to perform a task.
Automate the grant agreement process
This online process allows plan sponsors to post new grants to the Shareworks™ systems, in a secure environment, for eligible participants to receive, view and accept the grant online through Shareworks. When a new grant is issued, participants are sent an email alert with a link to the Shareworks system. Upon login, participants will be informed that have received a new grant, asked to review the documentation and accept the award. Until the grant is accepted the notification of the new grant remains on the participant's personal message board. Once accepted the documentation is stored within Shareworks for both the participant and administrator to access as they require. Newly accepted grants are automatically integrated with the participants' equity portfolio.
The greatest value we can provide is a seamless environment to access any information our employees want, anywhere at anytime… Solium has enabled us to provide this type of fluidity for our stock option and share purchase plans.