Cake Equity
Cake Equity is a global equity management platform that simplifies how you issue, manage, and track options and shares for your employees and investors across multiple jurisdictions.
Paylocity
Paylocity is a comprehensive human capital management platform that simplifies payroll, benefits, and talent management while providing modern engagement tools to help you build a stronger workplace culture.
Quick Comparison
| Feature | Cake Equity | Paylocity |
|---|---|---|
| Website | cakeequity.com | paylocity.com |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2018 | 1997 |
| Headquarters | Gold Coast, Australia | Schaumburg, USA |
Overview
Cake Equity
Cake Equity simplifies the complex world of cap tables and employee share plans. You can move away from messy spreadsheets and manage your entire equity lifecycle—from founding to exit—in one centralized, cloud-based platform. It automates the heavy lifting of legal compliance and document signing, allowing you to issue options or shares to your team in minutes rather than weeks.
The platform is specifically designed for startups and scale-ups looking to expand globally. You can manage equity across different countries with built-in rules for various jurisdictions, ensuring your global team stays motivated and compliant. Whether you are raising your first round or managing hundreds of employee stakeholders, you get a clear, real-time view of your ownership structure.
Paylocity
Paylocity is an all-in-one human capital management platform designed to help you manage your entire employee lifecycle from a single interface. You can automate complex payroll runs, streamline open enrollment for benefits, and track time and attendance without manual data entry. The platform focuses heavily on the modern employee experience, offering social collaboration tools and mobile-first features that make it easier for your team to stay connected and productive.
Beyond basic administrative tasks, you can use the software to recruit top talent, conduct performance reviews, and provide on-demand training through a built-in learning management system. It is specifically designed for mid-market organizations that need to move away from disconnected spreadsheets and manual processes. By centralizing your data, you gain real-time insights into labor costs and employee engagement to make better business decisions.
Overview
Cake Equity Features
- Automated Cap Table Maintain a single source of truth for your ownership structure that updates automatically whenever you issue new shares.
- Employee Share Plans Set up and manage ESOPs or options plans easily to attract and retain top talent with automated vesting tracking.
- Global Compliance Issue equity to team members in over 100 countries using localized offer letters and legal frameworks built into the platform.
- Scenario Modeling Model your next funding round or exit to see exactly how dilution will affect you and your existing shareholders.
- Digital Document Signing Send, sign, and store all your equity-related legal documents securely within the platform to speed up your workflows.
- Investor Portals Give your investors their own dashboard to track their holdings, view updates, and access important tax or legal documents.
Paylocity Features
- On-Demand Pay. Give your employees early access to their earned wages so they can manage unexpected expenses without financial stress.
- Community Social Hub. Create a central space where you can share company news, recognize achievements, and foster collaboration across your entire organization.
- Automated Payroll. Run your payroll accurately and quickly with automated tax filings, direct deposits, and compliance updates that sync with your time data.
- Mobile App. Empower your team to clock in, view pay stubs, and request time off directly from their smartphones at any time.
- Learning Management. Assign and track mandatory compliance training or professional development courses to keep your workforce skilled and compliant.
- Recruiting & Onboarding. Post jobs to multiple boards and transition new hires into your system automatically with digital paperwork and welcome tasks.
Pricing Comparison
Cake Equity Pricing
- Up to 5 stakeholders
- Basic cap table management
- Standard document storage
- Basic reporting tools
- Community support access
- Everything in Free, plus:
- Up to 20 stakeholders
- Employee Option Plans (ESOP)
- Digital signing integration
- Standard vesting schedules
- Email support
Paylocity Pricing
Pros & Cons
Cake Equity
Pros
- Extremely intuitive interface compared to traditional legal software
- Streamlines global hiring with localized equity templates
- Excellent customer support during the initial onboarding process
- Automated vesting tracking saves hours of manual calculation
- Simplifies investor reporting with professional, clear dashboards
Cons
- Pricing can feel steep for very early-stage startups
- Advanced customization of legal documents can be limited
- Integration options with accounting software are still growing
Paylocity
Pros
- Highly customizable reporting for complex data needs
- Excellent mobile app experience for remote employees
- Strong social engagement features improve company culture
- Unified database eliminates redundant data entry tasks
- Regular updates based on user feature requests
Cons
- Initial implementation process can be time-consuming
- Customer support response times vary during peak seasons
- Learning curve for advanced reporting modules