Enhanced Multi-User Capabilities Make StockTrack a Great Choice for Any Size Company That Manages, or Intends to Manage, Their Own Transfer Agent Functions.
Enhanced multi-user capabilities and reporting features make StockTrack a great choice to help any size company manage their own transfer agent functions. The system processes certificate and book entry transfers, new issuances, cash dividends, stock dividends, stock splits, proxy voting, communications with shareholders, options, warrants, corporate debt, dividend reinvestment and much more. It includes features for S-Corporations as well as C-Corporations.
This software is one of the most widely used products available for this purpose. The feature set in StockTrack is unmatched and the latest enhancements make StockTrack an even more useful tool for Transfer Agents. Features that will be of particular interest to larger companies and commercial transfer agencies are the ability to efficiently manage multiple transactions for the same company simultaneously.
The fact that this upgrade is free, as always, for companies currently holding StockTrack support agreements makes this update a ‘no brainer’ for existing licensees. The fact that prospective licensees can try it free makes this the perfect time to look at StockTrack.
“The new features will allow a company to have multiple users not only printing reports but also processing transactions in StockTrack simultaneously,” according to company President Abby Rosenstein.
Version 15.2 continues the StockTrack tradition of providing many useful enhancements to this shareholder accounting package with each release based on our customers’ requests and suggestions. StockTrack provides a complete and cost effective Transfer Agent solution. The software supports issuance and transfer of stock; printing of stock certificates’ cash dividends (including generating NACHA formatted ACH files for direct deposit); stock options; dividend reinvestment (DRP); tracking of shares used as collateral (pledged) against loans; proxy voting and reporting; mailings; stock splits, and all related reporting as well as support for 1099 tax reporting and S-Corporation K-1 and pro-rata reporting.
It provides ‘as of’ and ‘date range’ reporting so that you can get historical information in seconds. The system selects shares to receive proxy voting rights and cash distributions on a record date basis. It is in use by Commercial Stock Transfer Agents and Self Issuers, including S-Corporations, across the U.S.
Current licensees consider StockTrack a most complete and cost effective product. They cite ease of use, extensive feature set, as-of date reports on all aspects of shareholder accounting, flexibility, cost basis information, audit trails, reasonable pricing and great support as reasons they are happy that they selected and use StockTrack. Licensees report that StockTrack is “the easiest to use” shareholder accounting software. They particularly like the system flow which makes the software easy to learn and use.
There are more than 100 reports on all aspects of shareholding accounting including stock ledgers; certificate registers; transaction journals; pro-rata ownership, K-1 Reporting, insider trading and insider ownership; dividend and split reporting; check reconciliation; debt and interest payment; dividend reinvestment; proxy voting and voting card support; warrants and options; pledge tracking; and company overview of outstanding shares. In addition, statements, confirmations, and cover letters can be printed in ready-to-mail formats. Many reports are available as Excel spreadsheets as well as formatted reports.
Go to www.stocktracksoftware.com to obtain a free trial version, request an invitation to a live feature demonstration over the Internet, or view a short pre-recorded StockTrack overview. Contact Figtree Software, 973-539-9311 ext. 7027 or by email to email@example.com for more information.
All StockTrack licensees who are current on software maintenance and support are entitled to this update. Go to www.stocktracksoftware.com to download.
Figtree Consulting, Inc. is the publisher of StockTrack and is a developer and publisher of custom business software and nationally distributed software products. The company provides web-based and desktop applications for many industries including distribution, publishing, and banking. For more information, visit www.stocktracksoftware.com and www.figtree.com