"Everyone Just Fell in Love with Slice": Why Pebl's Principal Equity Administrator Switched to Slice Global

Linda Hart has worked in equity administration for over thirty years. Eighteen months ago she joined Pebl as Principal Equity Administrator and inherited an equity management and cap table platform that didn't quite meet the company's standards.

When Pebl started evaluating alternatives, she knew exactly what she was looking for. Over three decades in equity compensation had helped her build a checklist that would determine Pebl’s next solution.

Before Slice: A Platform That Made Her Wait

Pebl’s previous provider had moved into the equity management space from a prior vertical and it showed. 

‍"It took about 3 minutes to make one small little edit"

Every change within the system took time that no equity administrator has.

‍"if you had numerous updates, which I did, it could take you all day to get through possibly 10 grants"

This frustration compounded when it was discovered that some records couldn't be corrected from the administrator's side at all, but only through the provider's support queue, which had an average turnaround time of 24-48 hours. This meant Linda needed to build this delay into how she worked with the rest of the business, asking colleagues for two days' notice on anything that needed updating.

Reporting also had its own limitations. Pebl issues double-trigger RSUs, where nothing vests until a liquidity event occurs as well as the standard passage of time. The previous provider had difficulty with this concept and ignored the accrual of time-based vesting in the hybrid schedule. 

The catalyst

Frustration with the platform eventually reached the board, where It was discovered that Pebl wasn’t the only unhappy customer of their current provider.  One of their investors' had heard similar complaints and recommended Slice. 

‍"It was one of our investors ‍in the board meetings - they had heard that a lot of companies on that platform were frustrated"

The investor asked Linda for time on her calendar, suggested she look at Slice, and left the decision with her.

‍"He had heard some great things about Slice and that I may want to just take a look at the platform."

The Decision: Pebl’s Equity Management Checklist

The checklist Linda built to evaluate potential solutions can be broken down into five questions, and together they are a fair summary of what an equity management platform is asked to do.

1. Can the administrator control the system of record? Editing speed comes first, but so too does fixing a record directly rather than filing a ticket and waiting for somebody else to do it.

2. Can it handle the equity award structures the company uses or do they need to build workarounds? Can they support Double-trigger vesting, RSUs, phantom units and unique vesting concepts?

‍"we have what's known as a three-month post termination vesting period (which is rare for an RSU), and so we wanted to make sure that we would be able to easily adjust that vesting for people as they terminate"

3. Does the reporting reflect the current reality? Is time-based vesting visible under a double trigger? Are unvested and outstanding units categorized? Cancellations tracked? Does the platform have stock-based compensation reporting? 

4. Does it connect to everything else? Participant access for employees? Single sign-on? An HRIS integration and data room?

5. Can it handle important material events? Tender exchanges? Bulk actions across grants and participants? A sandbox for scenario modelling?

Slice passed this checklist, but with one additional caveat.

What wasn't on the list

Global equity compliance wasn’t on the checklist, because in thirty years, no other platform had offered it.

When Slice was demoed to the team at Pebl, which included their General Counsel and Head of HR, in Linda’s words:

‍"pretty much everyone just fell in love with it”

‍"What was really cool was that Slice provided you with the governing laws in each country or state or wherever you are. And so people weren't really expecting that piece of it. And so that just topped it off."

The Results: Everything you need without having to run a report

Equity administrators routinely live between the finance, legal and HR department, meaning that answering questions from multiple stakeholders is just part of the day to day. In the past those answers were sourced from exported reports sliced together to provide a clear picture of ownership. But with Slice it’s different

"It's amazing to be able to look at your home screen and see all the information you need right in front of you without having to run a report."

Slice presents the current state of the cap table as live data on the home screen rather than as something an administrator needs to generate on request. 

The same holds true at the individual stakeholder level.

"Being able to visualize everything that you need to see on any particular participant. And seeing what their holdings are, what their vested units are, what kind of units they have."

SliceAI: Support on Demand

The dependency Pebl had experienced with their prior solution was other people. Changes that couldn't be fixed manually went to a queue and colleagues needed to provide multiple days' notice to account for the 48 hour turnaround, but now, aside from having instant access to customer support, Linda has SliceAI.

"I love the SliceAI feature - If I can't reach our CSM and I just need an answer right away, I can use the platform to ask it - 'how do I do such and such?'"

SliceAI is available throughout the platform where any questions can be asked in the context of what is on screen. Every response carries inline citations taken from Slice's own legal knowledge base. It operates inside the same permission model as the rest of Slice, so it only sees the data the person asking is entitled to see. 

What Linda tells other equity administrators

"I tell them about the ease. I tell them about the compliance, how simple Slice makes it for you to understand what the requirements are in another state or another country. And those requirements are flagged."

Slice's compliance engine covers more than 60+ countries and is maintained by in-house legal and tax specialists. Requirements surface against the grants they apply to rather than sitting in a separate reference library, so a jurisdictional issue shows up on the record it affects. 

"From an equity administrator's point of view, I am 100% sold on Slice with these capabilities, because it makes your job easier."

Frequently Asked Questions

Q: What makes Slice different from other equity management platforms? Most platforms were built for a single jurisdiction and extended outward. Slice was built for global equity from the start. The compliance engine covers 60+ countries and is maintained by in-house legal and tax specialists, and the regulatory requirements surface against the grants they apply to rather than sitting in a separate reference library.

‍Q: Can Slice handle non-standard award structures? Yes. Equity plans are configured per country and per equity type. Double-trigger vesting, LLC membership units, phantom units, and unusual terms such as post-termination vesting windows are handled as configuration rather than as manual exceptions.

‍Q: Will reporting show time-based vesting under a double trigger? Yes. Time-based vesting is tracked and visible independently of whether the liquidity condition has been met, alongside unvested and outstanding units, cancellations, and stock-based compensation reporting under US GAAP and IFRS.

‍Q: Does Slice integrate with our HR system? Yes. Slice connects to 60+ HRIS platforms including HiBob, Workday, BambooHR and Rippling, so stakeholder records stay in sync without manual uploads.

‍Q: What is SliceAI, and is our data safe in it? SliceAI is an equity-specific assistant available throughout the platform. It answers questions in the context of whatever you are looking at, cites its sources inline, and operates within the same permissions model as the rest of Slice, it only sees what the person asking is authorised to see.

‍Q: What does support look like after onboarding? Every customer gets a named contact and a dedicated channel with Slice's compliance and customer success team, alongside in-product AI guidance for immediate answers.