ARDMORE, Pa., Jan. 27, 2016 /PRNewswire/ -- Jonathan Miller, CEO of Plan Management Corp. (PMC) today announced the release of the latest version of OptionTrax ®, PMC's stock option and benefit award plan administration software:
"PMC is proud to announce the latest release of our industry-leading OptionTrax® stock option and equity award plan self-administration software. This new release includes numerous enhancements to make administrators' lives easier. For example, we have added automatic Grant ID generation and tracking. The system now allows administrators to customize their own grant ID formats for easier reporting. And OptionTrax® now offers single-page processing for all RSA, RSU and Phantom Awards." Miller added that, "One of the most exciting enhancements is the ability for administrators to set up automated email alerts to participants that will trigger on the selected number of days before a vest or expiration to remind them of the status of their awards. Now administrators don't have to comb through all their outstanding awards to find out who they need to notify and when. They can also trigger the emails manually when needed."
Miller went on to say, "We have added other enhancements and functionalities aligned with our constant goal of improving the OptionTrax® experience for both administrators and participants. For instance, our new Participant Portal allows participants to see their entire portfolio, as well as the current portfolio value, on the welcome page. For companies with geographically dispersed participants, they can add functionality to show portfolio values in any currency. We prefer to devote our energy and resources to adding leading-edge features to OptionTrax®, rather than to adding more salespeople or flashy marketing. We know, as we have for our almost 25 years in business, that our products are the best marketing tool in the industry. They speak for themselves."
About Plan Management
PMC is the industry's oldest independent provider of web-based stock option and equity compensation plan administration and securities recordkeeping software. PMC specializes in providing comprehensive, personal assistance to small to mid-cap companies, private and publicly-held, using PMC's over four decades of experience in guiding these companies through all stages of their growth. PMC is the only U.S. based company in the field that is entirely internally funded, broker neutral, and dedicated solely to providing integrated solutions to managing the life-cycle of companies' securities and awards.
To find more about Plan Management Corp products and services, visit www.planmanagementcorp.com
44 W. Lancaster Ave.
Ardmore, PA 19003
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SOURCE Plan Management Corp.