[Press Release]: Vega HR, an HR Management Suite, Launches Vega Equity, an end-to-end ESOP & Cap Table Management Platform
Vega Equity is a one stop liquidity solution to enable digital equity and streamline the ESOP management process.
- (1888PressRelease) January 18, 2022 - New Delhi/ NCR - Vega HR, an end-to-end HR management suite which enables enterprises to streamline HR functions right from hiring to retiring, today announced the launch of Vega Equity, an end-to-end ESOP & Cap Table Management platform.
Vega Equity aims to automate the entire ESOP & Cap Table lifecycle, and enables enterprises to go digital in a safe and secure manner. In doing so, it eliminates the widespread reliance on manual and outdated workflows which contains a high possibility of human error; additionally it also automates repetitive and time-intensive steps resulting in real-time visibility.
Manish Panwar - Product Head of Vega Equity said, “Given today’s challenging startup environment, ESOPs are an added advantage over and above CTC as it enables organisations to hire and retain top quality talent at every stage of their growth, be it a Decacorn or Unicorn. With increased awareness and demand in the market for ESOPs, it is and will always be one of the toughest tasks for organisations to manually manage ESOPs with the assistance of their existing resources. With Vega Equity’s automated, safe and transparent platform, organisations can now manage complex ESOPs and Cap Tables which is indeed the need of the hour”.
The platform is built for investors, startups and employees to save efforts, costs and provide transparency on the equity management and shareholder’s statuses which ultimately helps in planning the next phase of equity allocations.
Vega Equity provides users a fast-path towards decision-making with its built-in data analytics and AI-ML features. Data analytics enables decision-makers to assess the existing ESOP policies/schemes and recommend changes if required.
With features such as Employee Dashboard, ESOP Payslip, Value Projections, Gamification, ESOP Budgeting, Multi Currency, ESOPs Analytics, Paperless Management, Configurable Reports for ESOP Audits, Dynamic Cap Table, Real-Time Data Visibility, Valuation and Virtual CFO Services, Digital Document Vault etc. organisations get access to a reliable solution for tackling the complexities and challenges that come with ESOPs & Cap Table Management.
About Vega HR
Founded in 2019, Vega HR is a US-headquartered company with operations in India and North America. An end-to-end HR management suite, Vega HR enables enterprises to streamline all HR functions right from hiring to retiring. It is equipped with a powerful tech-stack, context-aware AI, people analytics and a customisable and DIY platform, designed to take quick HR related business decisions.
Vega HR is available on iOS and Android to offer on-the-go accessibility.
For more details please visit the website: https://vega-hr.com/
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