ESPP Release Notes - Version 24.2.1 (May 29, 2024)
These release notes describe changes made to the ESPP Employee Stock Purchase Plan management platform. System updates are comprised of features and fixes that are deployed in regularly scheduled major and minor releases.
The help system is the primary source of information and instructions about new features. When you see a blue link in a release note item, click it to view a related help topic in a separate browser window.
The release notes are organized by the categories listed below. Scroll down to read them.
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1.0 |
ADMINISTRATION |
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| NEW AND ENHANCED FEATURES | ||
| 1.1 | The Multicurrency feature is scheduled to be added to the platform | |
| A new feature, Multicurrency, is scheduled to be added to Certent Equity Management (CEM) platform in a coming release. This feature enables you to issue grants and view reports in different currencies. By supporting multiple currencies, CEM is addressing a particular need for global customers who need support, across the platform, for having this functionality available to them. | ||
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QUALITY UPDATES |
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| CEM-48627 | 1.1 | For the new Angular dashboard, single sign-on (SSO Single Sign-On enables a participant to log into the EM platform participant portal directly from a corporate intranet or broker website.) users now experience a streamlined, error free process after signing in |
| Single sign-on (SSO) users in single role/single company scenarios will no longer get an error when being directed to the new Angular dashboard after signing in. | ||
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2.0 |
ACCOUNTING |
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| There are no items for this category in this release. | ||
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3.0 |
REPORTING |
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| QUALITY UPDATES | ||
| CEM-47271 | 3.1 | Prior Period Expense is now unchanged when an ESPP election change is made |
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The Pure Straight-Line Amortization method now trues-up the expense when the election change occurs, ensuring the prior expense is unchanged and the expense increases only for future periods. Users will now be able to see the correct expense values for the associated periods based on the election change date. |
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4.0 |
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| QUALITY UPDATES | ||
| CEM-48158 | 4.1 | Certent Equity Management (CEM) has been modified to fix an issue from the prior release |
| Changes made in 24.2.0 incorrectly changed the calculation for Estimated Value in the Participant Portal dashboard and ESPP purchase history. A change in this calculation has been made (reverting prior updates), specifically to use the current Fair Market Value Fair market value - the value of shares of stock on any given day (FMV Fair market value - the value of shares of stock on any given day) in the Estimated Value calculations. In addition, we now show the current FMV in the headers. | ||
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5.0 |
IMPORTER |
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| There are no items for this category in this release. | ||
| 6.0 |
INTEGRATIONS |
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| There are no items for this category in this release. | ||
| 7.0 |
KNOWN ISSUES |
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| There are no items for this category in this release. | ||
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