incentrium.com

What It Is

Incentrium is a cloud-based SaaS platform for share-based payments and equity incentive management, covering the administration, valuation, and reporting of ESOP/VSOP, RSU, PSU, LTI, and similar plans. It is not positioned as general-purpose HR or finance software, but as a “single source of truth” for finance, HR, compensation, legal, and audit teams managing equity incentives. It also emphasizes compliance with multiple standards, including IFRS 2, US GAAP, and UK GAAP.

Core Features and Compliance Capabilities

The platform is built around three main modules: Management, Valuation, and Reporting. The Management module supports plans, grants, conditions, leavers, exercises, documents, and admin/employee dashboards. The Valuation module supports Monte Carlo and Black-Scholes models, and can handle more complex plans such as hurdle shares and index-linked schemes. The Reporting module can generate monthly, quarterly, or annual reports from plan level down to sub-grant level, while automatically producing accounting entries and financial statement notes. For audit purposes, Incentrium provides full audit logs, audit-ready valuation reports, and states that it has SOC 1 certification, making it suitable for companies with strong traceability requirements.

Pricing and Trial

Pricing is split into Cap Table, Scale, and IPO tiers. Cap Table costs €20/month and is designed for basic equity structure management, dilution calculations, scenario modeling, and liquidation waterfall analysis. Scale and IPO are both custom-quoted, targeting growth-stage teams and IPO/public companies respectively. The platform offers a free trial with no credit card required, including management, valuation, and reporting features as well as onboarding support. Payment methods include major credit cards, SEPA Direct Debit, and annual bank transfer; enterprise customers can pay by invoice.

Pros and Cons

Its strengths include a strong focus on a vertical use case, robust complex valuation capabilities, clear multi-GAAP coverage, and the ability to reduce reliance on manual Excel models and lower audit communication costs. The entry-level Cap Table pricing is also relatively transparent. Limitations include the lack of public pricing for Scale and IPO, limited information on third-party integrations beyond DocuSign, and no disclosed details on APIs, developer documentation, data hosting regions, or self-hosting options.

Best Fit and Access from China

Incentrium is best suited to European and international companies that need multi-standard reporting, complex incentive plan handling, IPO preparation, or public-company disclosure support. Small teams that only need a simple equity ledger may want to evaluate the Cap Table plan first. There is no information provided about access from mainland China, and payment options do not mention Alipay, WeChat Pay, or RMB settlement. If Chinese local support, domestic compliance, or local payment methods are required, it may be worth comparing Carta, Pulley, Ledgy, Shareworks, and local equity incentive management providers as well.