Alfred provides an automated platform for IFRS‑2 equity compensation compliance, handling complex expensing calculations, vesting schedules, and real‑time leaver impact tracking. Users can select reporting periods, configure vesting logic, and generate fair‑value valuations with built‑in Black‑Scholes and graded expensing methods, reducing manual effort and error in financial reporting.
Funding
Funding not disclosed
Founders
Product
Problem
Finance teams must calculate IFRS‑2 equity compensation expense manually, dealing with complex vesting schedules, Black‑Scholes valuations, and leaver adjustments each reporting cycle. This manual process is time‑consuming, error‑prone, and hampers timely compliance.
Solution
Alfred offers an automated, web‑based platform that centralizes all IFRS‑2 expense calculations. Users select reporting periods and configure vesting logic—including yearly, tranche‑based, and graded vesting—while the system applies Black‑Scholes fair‑value models to each tranche. The platform continuously tracks leaver events and generates real‑time expense reversals, ensuring accurate period‑end entries. All calculations are performed on the fly, allowing finance professionals to review detailed grant data, validate results, and export expense and reversal journal entries without manual spreadsheets. By standardizing the workflow, Alfred reduces processing time, minimizes errors, and supports consistent IFRS‑2 compliance across reporting cycles.
Target Audience
Alfred is designed for corporate finance and accounting teams responsible for equity compensation reporting, particularly in mid‑size to large enterprises subject to IFRS‑2 standards.
Features
- Configurable vesting schedules (yearly, tranche‑based, graded) with visual selection of reporting periods
- Integrated Black‑Scholes valuation engine for fair‑value calculation per tranche
- Real‑time leaver impact tracking and automatic expense reversal generation
- Detailed grant‑level view with tranche, vesting dates, service periods, and expensing breakdowns
- Export of journal entries in common accounting formats for seamless integration with ERP systems
- Audit‑ready reporting that captures calculation assumptions and version history