Case Study: Propellernet simplifies share scheme administration with Vestd

Propellernet simplifies share schemes for 50 employees with Vestd

Propellernet, an award-winning digital marketing agency, wanted to share company ownership with its key employees to reward them for their role in its success. The founders found the process of setting up and managing a share scheme to be complex, time-consuming, and costly when handled through traditional legal and accounting channels. They sought a solution to simplify this administrative burden and chose to implement a scheme using Vestd's platform.

Vestd provided a streamlined platform that automated the complex process of issuing and managing shares and options. This solution eliminated manual spreadsheets and paperwork, keeping all stakeholders aligned and making the ownership feel more real for employees. For Propellernet, Vestd ensured ongoing compliance and handled all administrative tasks automatically in the background, saving significant time and reducing hassle. The vendor's combination of intuitive technology and expert support simplified the entire share scheme process for everyone involved.

Propellernet