Have you ever considered how much time it really takes to create an accurate capitalization table? It’s a complex and difficult task that usually involves many spreadsheets – and perhaps even different versions that need to be reconciled between the attorney, CFO and accountant. Then, just when you think you have it right, you find there was one error in your data and it all needs to be redone, resulting in wasted hours of painstaking and detailed work. Fortunately, with Corporate Focus, precise, fully-diluted capitalization tables are now just a click away.
Efficiency: Stop Wasting Time Manually Creating Capitalization Tables
By using a standard template for ownership administration and wizards for stock transfers and option exercises, Corporate Focus simplifies your ownership record tracking. Then, sit back and relax and let our system do the rest. Whether you have 50 records or 500, with 2 classes or 24, your capitalization tables are generated directly from your live data in a split second. Imagine, the hours of time and effort saved compared to doing the calculations manually or adding columns and updating formulas in your spreadsheet. Why not let Corporate Focus do the heavy lifting?
Accuracy: Reduce the Risk of Errors from Managing Multiple Spreadsheets
Every time a spreadsheet is updated manually or by a different person, the risk of an error or inconsistency increases. If you’re not sure which version is the latest or which file has the particular set of information you need today, you can’t be confident that you have the right information to answer questions correctly. If you have to recreate the spreadsheet each time the question changes, the risk of error increases. Think about the last time you “borrowed” a spreadsheet from someone else and hoped you could figure it out. Wouldn’t you work better if every capitalization table was organized in a standard format, created from your live data, and you could find exactly what you were looking for every time – by date, by type, by group, or however you want it. Wouldn’t that increase your accuracy and your confidence?
Sharing: Provide 24/7 Access to Each Team Member
Capitalization information forms the basis for every equity related decision and people never know what they need until they need it. As a result, your clients and the entire legal team needs instant, self-service access to the capitalization information. They don’t want to wait for someone else to create it for them, particularly since each person may want to see if differently. If they have to wait, they may make a decision on the wrong data or without reviewing the right set of information. Why not let each person choose what they want to see, when they want it? With Corporate Focus, each person has immediate access to accurate, up-to-date information, as well as the added flexibility to export the data to spreadsheets (including the formulas).
