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 Performance Plans Module, Enhanced Capabilities Featured in CCH SEC Compliance Desktop Version 4.0
According to CCH Associate Publisher for Securities Peter Berkery, the new Performance Plans module is designed to eliminate unnecessary, duplicative effort in administering plans that award shares, cash or some combination of them to top executives based on the achievement of stated corporate goals. "The Performance Plans module adds to the breadth of the SEC Compliance Desktop," Berkery said. "In addition to administering performance plans themselves, it allows integration and sharing of information with other modules dealing, for example, with Section 16 compliance. The end result is a system that makes use of good design to minimize drudgery but at the same time ensure compliance and share useful information to interested parties inside and outside of the company." In addition, the CCH SEC Desktop Performance Plans Module:
A series of "managers" organizes data by categories, allowing efficient entry of new data and quick generation of reports by use of multiple filters. There are managers for Persons, Tax Rates, Plans, and so on. New with Version 4.0 of the Sec Compliance Desktop software is the "Termination Manager." The Manager automatically handles all necessary recordkeeping for all relevant plans and transactions when someone leaves a company for any reason - voluntarily, involuntarily or through retirement. The system automatically asks for necessary information, depending on the modules in use. The Desktop maintains a database of terminated persons, and gives administrators the capability of reversing terminations. Import, Export Enhanced Also new with Version 4.0 of the SEC Desktop are expanded capabilities for importing and exporting information. Version 4.0 supports the import of additional fields for all modules, such as tax rate begin and end dates, Social Security numbers and employee numbers. The new Export feature allows users to create custom templates based on the specifications of the target system. This makes it easier to transmit data to other departments within a company or to outside entities such as brokers or transfer agents. Once created, templates can be called up and used repeatedly whenever the need to share the data recurs. Features Save Time, Ensure Accuracy As with all modules of the SEC Desktop, the software becomes "smarter" the more it is used. Once a piece of information is entered, it doesn't have to be entered again when a new transaction has to be recorded. Instead, the data already in the system is called up instantly and entered on new reporting forms. There are also picklists designed into the system wherever possible to speed data entry and extensive error-checking to minimize the possibility of mistakes. A security feature allows the administrator to control levels of user access. This gives the organization the ability to spread the different functions of the administration across different users or even across different departments. Availability and Pricing All modules in the CCH SEC Desktop are priced individually to allow maximum flexibility and discounts apply when multiple modules are purchased. Other Sec Compliance Desktop modules include:
About CCH INCORPORATED CCH INCORPORATED, founded in 1913, has served four generations of business professionals and their clients. The company produces approximately 700 print and electronic products for securities, tax, legal, banking, securities, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer North America. The CCH web site can be accessed at cch.com. The CCH Human Resources group web site can be accessed at hr.cch.com. Contact Information: Leslie Bonacum 847-267-7153 bonacuml@cch.com Neil Allen 847-267-2179 allenn@cch.com |
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©2002 CCH INCORPORATED. All rights reserved. | |
