Editor's Note:-While Qapita is an excellent ESOP management tool and widely-used, it may not be the perfect fit for every company. The good thing is that there are other robust platforms available for those seeking alternatives. We've reviewed the top options to help you find the best ESOP management solution for your needs. Keep reading to explore your choices!
If you’re managing employee share schemes and the capitalization table (also known as cap table) in Singapore, Qapita is probably one of the first tools that comes to mind for streamlining daily operations.
While Qapita is an excellent tool offering robust ESOP management features, it might not be the right fit for everybody. Some users find that it lacks customization, while others struggle with a poor interface. Also, its free plan might not be useful as it offers limited features and supports only up to 5 stakeholders.
But, don’t worry. There are plenty of options available in the market today for managing ESOPs in Singapore.
Before diving into the top alternatives, let’s consider some key features that should be non-negotiable while selecting a tool. These are:
Now, let’s dive into top 3 tools that you can explore for effortless ESOP and capitalization table management.
Here are top 3 Qapita alternatives that we believe can help you simplify ESOP and cap table management in Singapore. The insights are a mix of our own experience of using the platforms plus the reviews shared by industry experts.
Let’s get started!
Source:ctfassets
One of the well-known Qapita competitors, Carta, is an excellent tool for those looking to manage their employee share scheme with a robust equity management tool.
With Carta, you can design your ESOP plan, track overall equity distribution, and monitor individual grants. According to industry reviews, the tool enables users to forecast share allotments across different vesting schedules.
One standout feature? Automated compliance management which simplifies regulatory processes. And the tool is quite versatile as it adjusts for size, location and industry of a company.
Their Launch plan is free for new customers with up to 25 stakeholders and up to $1M raised. The pricing for their paid plan, Build, is available on request.
Xumane is a solid alternative to Qapita, offering effortless employee share ownership plan management and capitalization table visualization.
In fact, dashboard visualization is what steals the game for Xumane from its competitors. It’s clean, easy to navigate and highly customizable. It’s easy to quickly pull data and reports for Granted/Vested Options, Expenses, etc.
With Xumane, you can efficiently create stock option policies, grant options and calculate key ESOP metrics in real time. Its cap table ensures all investors and shareholders are updated about the latest data while keeping track of ownership distribution effortlessly.
Overall, Xumane is a great tool if you’re looking to manage ESOPs in Singapore, offering the 3 Cs - customer-friendly, customizable, and compliant.
Also, Start-up Equity Dilution Calculator lets you estimate how issuing new shares will impact the ownership percentages, pre- and post-money valuations, and overall company equity distribution.
Their Starter plan starts from 2250 SGD/year which includes 25 stakeholders.
Vestd is a comprehensive cap table management software for startups. It boasts some stunning features of equity management software that can help you manage company stock options with ease.
With intuitive UX and UI, Vestd ensures statutory records are up to date and maintained in an ad hoc manner (as needed, not automatically).
Its helpful knowledge base allows users to navigate the platform independently, minimizing the need to reach out to customer service for smaller queries.
Also, its automation features help streamline key processes, making equity and cap table management simple.
Its basic startup plan for share schemes starts at £155 per month.
Here’s a quick walkthrough of key features of 3 best cap table software in Singapore.
Tool Name | Carta | Xumane | Vestd |
Compliant with Singapore Laws | Yes | Yes | Yes |
Ease of use | No | Yes | Yes |
Pricing (starts at) | Free (25 stakeholder s + $1M raised) | 2250 SGD/year (25 stakeholders) | 224 SGD/month |
Easily customizable | No | Yes | No |
Customer support | Yes | Yes | Yes |
Every equity management tool comes with its own pros and cons. It’s up to you to decide which features are must-haves for your business and which ones can trade-offs you’re willing to make. Also, pricing is a key consideration while selecting a tool.
For example, suppose you’re buying the tool for 100 employees of your company. 2 years down the line, you decide to expand the ESOP pool and accommodate 100 new members. Your chosen platform should be feasible for new members so that you’re not going for the entire tool-hunting process again.
With the above list of 3 tools, you now have a fair idea about the best equity management software for startups in Singapore which can be explored as Qapita alternatives.
Analyze each tool based on what your employee stock ownership plan demands and what are some features you absolutely need to manage everything effectively. Book demos or try free trials of tools that allow you to get a better understanding of each tool’s functionality. Good luck!
The 2 key differences between Qapita and its competitors are its limited customizability and high pricing for startups.
While Xumane is the top Qapita alternative that offers the best customizable options, Vestd is another tool you can try based on your existing customization requirements.
Yes, Xumane offers a free trial and a thorough personalized demo before purchase.
Vestd and Xumane are the top platforms that provide the best real-time tracking of stock options. Choose the one that best suits your tracking requirements.
Yes, adding new stakeholders to the above discussed platforms is a breeze (just a few seconds!).
Onboarding can take anywhere between 48 hours to a month! The fastest onboarding among the above discussed platforms is of Xumane, guaranteeing a 48-hr onboarding for customers.
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