Pentera Transforms its Equity Management and Compliance for Global Employees with Slice's Automated Solution

Founded in 2015 and valued at over $1B, Pentera is a leading cybersecurity company that offers automated security validation solutions. Headquartered in Burlington, MA with offices in Europe, the Middle East and APAC, the company employs 350+ people worldwide.
Pentera uses equity as a key part of its compensation strategy, granting it to employees in over 10 countries.

Managing Compliance, Tax, and Data Risks and Equity for 350 Employees Worldwide

Pentera’s VP Finance, Shiran Bar-Lev, and her team faced growing challenges in managing equity data and employee equity compliance as their workforce expanded to over 350 employees worldwide. 

As VP Finance, Bar-Lev oversees equity management and compliance. Due to its sensitive nature, the Finance team spent hours calculating grant value, tracking options processes, and managing compliance across various jurisdictions. Even a minor typo could lead to significant complications, making the entire process stressful and demanding precise accuracy.

As Pentera continued to grow, it became clear that the current process was not scalable and posed considerable operational risks, exacerbating challenges related to data integrity challenges.

Reduced Legal Risk: Moving From Manual Equity Management to Automated Workflows with a Compliance Monitor

Pentera implemented Slice’s platform to streamline its key equity processes. With Slice, the company transformed its cumbersome, manual workflow into a seamless, automated solution for all employees worldwide.

Slice automated the entire equity management process, removing the need for manual tax calculations and ensuring real-time accuracy in tracking employee grants and options.

Data integrity and compliance are now managed automatically, providing the Finance team peace of mind.

Tasks that once consumed several hours each day, such as processing employee grants, now take just minutes. The time saved allows Bar-Lev and the Finance team to focus on higher-level strategic initiatives instead of repetitive tasks and staying up-to-date with local tax legislations in the different countries the company grants options in.

Global Scaleups that Grant Equity Worldwide are Turning to Slice as a Must-have Platform 

As Pentera continues to grow, Slice’s compliance solution scales with the company, alleviating concerns about the reliability of its equity management and compliance processes.

According to their VP Finance, Pentera’s adoption of Slice has transformed equity and compliance management, moving from a time-consuming manual process to an efficient, automated system. Bar-Lev and the Finance team, who previously managed everything manually, now benefit from a platform that reduces the risk of human errors and ensures up-to-date global compliance. With Slice, Pentera has streamlined its operations, freed up valuable resources, and focused on future growth.