CompXchange™ connects your Payroll and HR systems to your Stock Option Administration (SOA) system to make sure that important tax and employee demographic information is synchronized.
Automatic updates between the systems ensure that each individual’s taxable events are properly recorded and applied in a timely way.
CompXchange™ lets you import year-to-date tax information from your payroll system to your stock option administration system, and then export tax withholding information from your SOA system to your payroll system.
CompXchange™ also imports employee demographic information from your payroll or HR system. Demographic information includes data such as employment status, tax treatment, and address.
CompXchange™ formats the data from each system into the appropriate import ﬁle layouts and performs the appropriate data mapping conﬁguration.