MISSION VIEJO, Calif. December 08, 2011 – OptionEase® Inc., the global leader in on-demand software-as-a-service (SaaS) applications for fair-market-value accounting and compliance was one of the featured companies in a technology panel at the National Association of Stock Planning Professionals (NASPP) Conference in San Francisco earlier this month.
CEO Kim Kovacs was a speaker on the panel titled: The Deja View: Game Changing Technologies for Stock Plan Administration, along with Edwin Yuen of Microsoft, Chris Steffen of Kroll Factual Data, and John Hammond of AST Equity Plan Solutions.
“I was honored to be one of the speakers on this very important topic in equity compensation. Migrating from traditional client server software to cloud based technologies, especially for equity compliance, can result in a tremendous increase in data integrity, accuracy, reliability and substantial cost reductions,” said Kim Kovacs, CEO of OptionEase. “OptionEase’s mission is to provide businesses around the world with the best technology and tools to manage equity compensation plans. It was a nice opportunity to speak with others who are equally committed to innovations in our industry.”
The panelists also explored how businesses utilizing a cloud model can better protect sensitive data and documents, versus traditional methods. They also touched upon how many software applications are moving to the clouds, and that companies can start by integrating just one program or department to see if a cloud model fits with their business needs.
About OptionEase, Inc.
OptionEase is the leader in SaaS-delivered regulatory applications in the highly complex governance, risk and compliance (GRC) marketplace. The company’s first product was designed specifically for audit compliance under FAS 123(R) (ASC Topic 718) and now encompasses a full suite of end-to-end equity management tools. OptionEase’s dedication to customer service and customization has earned it a 96% retention rate. Directly, and through its partnership agreements, OptionEase assists more than 700 private and multi-national, public corporations with financial and regulatory reporting requirements under FAS, SEC and IASB. Headquartered in Mission Viejo, CA, OptionEase was recognized this year by Inc., as the 225th fastest growing private company in the nation, in its Inc.500|5000 awards. Inc. also named OptionEase the 22nd fastest growing software company in the nation, as well as the 19th fastest growing business in the Los Angeles area, out of the five hundred private companies it honored. For more information, please visit us at www.optionease.com. For press inquiries, please contact Jessica Caris at 646-594-3855 or via email, at jessica@cariscommunications.com
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