Take it from people who know.
As a leader in our field, StockVantage is the gold standard in stock-based compensation management and reporting for small and medium sized companies.
Take it from those who know: our customers.
"We have been using StockVantage for the last year and found it to be a great system for managing our option plan. It is easy to use and has taken the manual management of spreadsheets out of the equation assuring we have accurate financials for our reporting. Our auditors we very happy with the financial results the system provided and with the SAS 70 type two Audit report, the time to audit was reduced considerablely . Now with IFRS looming, StockVantage eliminates the need to set up a separate set of financials as it is fully compliant with IFRS. I would recommend you start using StockVantage no matter what size of plan you have it makes a big difference in managing the option plan
Rick Mancini, Controller
Northstar Aerospace Inc, Toronto, Ontario
"The reason we implemented StockVantage was that it simplified and standardized an increasingly complicated administrative task, for an extremely reasonable price. StockVantage took our data, coded it into their program and showed us the results without any purchase commitment by us.
StockVantage has the ability to produce reports for individual option holders as well as providing required data to facilitate regulatory reporting. Their system is priced so as to be affordable for small companies and dramatically reduces the administrative burden related to tracking and reporting stock options (and warrants). We were even able to reduce the time spent by our auditors in verifying our stock based compensation expense."
Duncan Moodie,Chief Financial Officer
Petroflow Energy Ltd., Calgary, Alberta
"I am delighted with our decision to implement StockVantage and see how it will help us. You may not be aware that during the last three years I have been working with public companies to strengthen their internal controls over financial reporting. Your product is a great example of a tool which will improve controls through the use of multi-dimensional database which eliminates a single dimension spreadsheet. Again, thanks for your support and I look forward to continuing to work with you."
James G. Wilson, Vice-President Finance,
First Metals Inc., Toronto, Ontario
"We found a company in StockVantage that actually provided what they promised. As our stock plans continued to grow, we knew we needed to become more automated with a heavy emphasis on being SOX compliant. We looked at a number of companies but StockVantage was the only company that had success in implementing our plan while following all of the intricacies of FAS-123(R).
StockVantage realized we had a complex plan and worked with our staff to implement the system efficiently and effectively. Their technical support to get us up and running was fantastic and it continues today. The system provides all the necessary financial data we need to file our quarterly and annual reports as well as all of the supporting schedules required to navigate our year end audit with ease. I would definitely recommend that you look at StockVantage no matter what system you are currently using as we found that it was the best product around for managing our Restricted Stock and Option Plans."
Laurie Butcher, Vice President of Finance & Controller
Alaska Communications Systems, Anchorage, AK
?StockVantage cost-effectively simplified and standardized an increasingly complicated administrative task. By automating the Black-Scholes calculations and financial reporting process, we are now able to complete our quarter-end stock-based compensation requirements in a matter of minutes. The best part is we can now be confident that our information is 100% accurate and that it will serve the needs of our auditors, which is always a question when working with spreadsheets that lack internal control. If you currently are using spreadsheets or outsourcing this responsibility, I would highly recommend you see a demonstration of StockVantage.?
Craig Banfield, Chief Financial Officer
AXMIN Inc. Ashford, Kent, UK
"StockVantage has provided a system that produces excellent internal financial controls which are becoming more important under the new securities regulations. Unlike spreadsheets which are cumbersome to manage and have to re built year after year StockVantage maintains all the data in one system, it also produces extremely flexible reports in any type of required format for presentation for senior management, for regulatory filings and for financial statement notes. The system is functional and saves me a lot of work, it is easy to use and the support from the people at StockVantage is great. I would recommend you see a demonstration of the system and I am sure you will be impressed?.
Nolan Chicoine, CFO Crocotta Energy Inc
Calgary, Canada
"Every financial manager that is responsible for a Stock Option Program and is managing them with spreadsheets should look at StockVantage. We all know that our spreadsheets are prone to errors and with the new proposed financial requirements being adopted it makes sense to implement a system that will provide qualified financial numbers. StockVantage provides the financial process that gives us confidence that our statements are accurate. It is cost effective for any size of plan, easy to use and all information is in one system not a number of spreadsheets. I recommend that you see a demonstration of the system as it has been exceptional for us and we would never go back to using spreadsheets."
Mike Leskovec, Controller, Gold Eagle Mines Ltd
Toronto, Canada
"In making the decision to implement Stockvantage we looked at how the system would improve our ability to comply with FAS-123(R) reporting. Our spreadsheets did not provide the comfort we felt we need in today?s regulatory environment as in all spreadsheets they tend to have a propensity for errors. We also found the reporting, tracking and drill down capabilities of StockVantage gave us the level of detail that spreadsheets could not and these detailed reports are exceptional and easily accessible. Today no matter what size of option plan you have using spreadsheets is not the way to ensure companies are providing the accuracy required, Stockvantage provides that comfort level and we would recommend that any company with an option plan see a demonstration of their system".
Vincent Easi, CFO, First National Bank of Ottawa.
Ottawa, Illinois
"The first thing I say when asked about StockVantage is it is great! StockVantage has provided a system that saves me hours of work in my annual and quarterly reporting for FAS-123(R), it is easy to use and the support from the people at StockVantage is simply excellent. The system provides accurate financial numbers and better controls in comparison to our manual spreadsheets. Additionally, our auditors have been extremely happy with the financial transactions which reduced the time they spent on our audit. I can say the system has exceeded our expectations and in our opinion every financial manager whose responsibility is the management of an options program should seriously consider seeing a demonstration of StockVantage, you will never go back to using spreadsheets again".
Stephen Kelley, Financial Reporting & Accounting Mgr, Martin Resources Management Corp
Kilgore, TX
"Implementing StockVantage has eased our paperwork burden and reporting costs. As a rapidly growing company, using spreadsheets for managing the stock option plan was becoming increasingly complex, with too much potential for human error. The system was easy to implement, provides us with greater accuracy, and the comprehensive reports we require, and is flexible enough for our lean and fast-paced company. I recommend that you see the StockVantage presentation and seriously consider the system for use in your organization."
David Skerlec, CFO, Roca Mines Inc.
Vancouver, Canada
"The first thing I say when asked about StockVantage is - "Why didn't we have this system before". StockVantage has provided the tools that saves me and my colleagues hours of work in annual, quarterly and monthly reporting. It is easy to use and whenever we need support from the people at StockVantage it is fast and courteous. Where our spreadsheet were too time consuming and too complicated to manage the StockVantage's system provides us accurate on-demand financial numbers. If you have not seen a demonstration of StockVantage I recommend you do so as you wont be disappointed."
Pamela Wicks, Vice President of Finance, Pulse Data Inc
Calgary, Canada
"The thought of going back to a spreadsheet for managing our Stock Option program is something we would never contemplate now that we have implemented StockVantage. The system makes it easy for us to comply with our regulatory filing and financial reporting."
David Bhumgara, Controller, Strategic Resource Acquisition
Toronto, Canada
