Certent’s Stock Plan Administration Team Reduces Cost and Saves Days of Work for VAALCO Energy, Inc.
Equity Management Customer Profile
VAALCO Energy, Inc.
Financial Reporting Manager
Enhanced data quality with reduced costs associated with maintaining its equity plan
I have nothing but good things to say about Certent administrative services. It’s a good product and top-notch service.” Sonja Loyd, Financial Reporting Manager
By improving data quality and dramatically reducing the time required for equity management, outsourcing to Certent has reduced the costs associated with plan administration at this energy firm.
VAALCO was looking for a way to both save time for its internal team and improve the quality and speed of administration and reporting.
With Certent technology and administrative services, VAALCO gets the high-quality data management, reporting, and expertise they needed. The equity team there is very satisfied with the service they receive and is more productive than ever.
Since outsourcing to Certent, VAALCO has benefited from better data quality and fewer errors, reduced cost and processing time, and higher team productivity. After migrating to Certent for earnings per share (EPS) calculation, Lloyd estimates that she reduced the amount of time involved from a whole day to just a couple of hours.