In this case study
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About Shift Technology
About Shift Technology
Founded in 2014, Shift Technology is a SaaS provider specializing in insurance, offering a suite of AI solutions that automate and optimize decisions across the entire policy lifecycle - from underwriting to claims management and compensation - to accelerate processing, combat fraud and improve the policyholder experience.
About Clément
About Clément
Clément joined Shift Technology in November 2021 as Head of Total Rewards, where he oversees the Compensation & Benefits strategy internationally across a dozen countries in the Americas, Europe, and Asia. His responsibilities include salary benchmarks and pay scale definition, annual raise campaigns and budget modeling, variable compensation policy (STI), stock option plan (ESOP) administration and cap table maintenance, as well as monitoring the company's carbon footprint.
Previously at ManoMano and GEFCO, he structured compensation policies, incentives, HR analytics, and HRIS, after gaining initial experience in international mobility and HR at Schneider Electric, Colas, and BMW Group France.
A solution tailored to the French market
A solution tailored to the French market
In 2019, after its Series C round, Shift Technology faced a classic challenge for hypergrowth startups: structuring its shareholder management. The former CFO set out to find a solution tailored to the company's needs.
There were two requirements: on the one hand, to ensure rigorous monitoring of the cap table in a context of successive fundraising rounds; on the other hand, to effectively manage the BSPCEs offered to employees. At the time, there were few tools on the French market that were native to the market and understood the specificities of BSPCEs.
This is where Equify made the difference. Beyond the technological aspect, it was the cultural alignment that appealed: a solution designed for French Tech, which spoke the same language as the finance teams of French startups. Equify became Shift Technology's source of truth, with one major advantage over Excel: the ability to go back in time and find the exact status of the cap table on any given date.
Instant access to information
Instant access to information
For Clément, Head of Total Rewards at Shift Technology, the main benefit of Equify is clear: immediate availability of information.
"With just one click, I can see the extent of my past grants. When I need to be sure about information concerning our shareholding, I go straight to Equify to find it, because I know it's accurate. " — Clément, Head of Total Rewards
This feature is particularly valuable during audits, when cap table statements must be produced regularly on specific dates. Whereas Excel would require painstakingly reconstructing the history, Equify can generate these views in seconds.
But the advantage goes beyond simple historical research. The platform offers dual granularity of analysis at the company level and at the level of each security holder.
This flexibility allows Clément to instantly switch from a strategic view to an individual case, facilitating both reporting to the executive committee and exchanges with employees.
A transparent relationship with employees
A transparent relationship with employees
The second pillar of Equify's value for Shift Technology is based on its relationship with employees.
Equify's employee portal provides clear and concrete visibility into their holdings. It proves particularly useful at key moments: when new options are granted, when questions arise about exercising them, or when employees leave the company.
"When an employee leaves, it allows us to start from the same figures. The system automatically calculates what the employee is entitled to, which avoids difficult discussions. " — Clément, Head of Total Rewards
The impact is twofold:
- For employees
The Equify space enables them to check their situation at any time, to project themselves forward to different dates and to understand in concrete terms the value of their equity package. - For the HR team
Equify becomes a genuine dialogue tool. During departures, when discussions can be tense about the exact calculation of vested shares, Clément can log on to the employee's profile, simulate in real time the impact of different vesting end dates and explain the rules in complete transparency.
No more debates about figures: this shared "source of truth" defuses tensions and allows exchanges to focus on the essentials.
Reliable data to steer strategy
Reliable data to steer strategy
The third major benefit of Equify for Shift Technology lies in its ability to serve as a reliable basis for all financial simulations.
"What always takes time isn't the formulas - it's having reliable data. With Equify, the data is up to date the moment I extract the information, and all that's left to do is make the calculations. This avoids wasting time cleaning up the data." - Clément, Head of Total Rewards
With Equify, data cleaning is a thing of the past. Extracts are clean, up-to-date, and can be fed directly into his Excel analyses for the compensation committee. This hybrid process suits him perfectly: Equify guarantees the reliability of the source data, while Excel offers the flexibility of customized calculations. This combination allows him to make informed recommendations to the compensation committee, based on indisputable figures.
The future with Equify
The future with Equify
For Clément, the partnership with Equify is just beginning.
In the short term, the aim is to make better use of existing functionalities, particularly the governance section, which is still under-utilized.
But beyond these internal optimizations, it's Equify's roadmap that inspires confidence. Clément knows that new functionalities are under development, and that the platform will continue to evolve to make it faster and more convenient to use.
"The equation is simple: Equify eliminates the complexity of data, allowing me to focus on what I do best - analyze, simulate, recommend. And this value proposition will only get stronger as the product evolves." - Clément, Head of Total Rewards
About Shift Technology
Founded in 2014, Shift Technology is a SaaS provider specializing in insurance, offering a suite of AI solutions that automate and optimize decisions across the entire policy lifecycle - from underwriting to claims management and compensation - to accelerate processing, combat fraud and improve the policyholder experience.
About Clément
Clément joined Shift Technology in November 2021 as Head of Total Rewards, where he oversees the Compensation & Benefits strategy internationally across a dozen countries in the Americas, Europe, and Asia. His responsibilities include salary benchmarks and pay scale definition, annual raise campaigns and budget modeling, variable compensation policy (STI), stock option plan (ESOP) administration and cap table maintenance, as well as monitoring the company's carbon footprint.
Previously at ManoMano and GEFCO, he structured compensation policies, incentives, HR analytics, and HRIS, after gaining initial experience in international mobility and HR at Schneider Electric, Colas, and BMW Group France.
A solution tailored to the French market
In 2019, after its Series C round, Shift Technology faced a classic challenge for hypergrowth startups: structuring its shareholder management. The former CFO set out to find a solution tailored to the company's needs.
There were two requirements: on the one hand, to ensure rigorous monitoring of the cap table in a context of successive fundraising rounds; on the other hand, to effectively manage the BSPCEs offered to employees. At the time, there were few tools on the French market that were native to the market and understood the specificities of BSPCEs.
This is where Equify made the difference. Beyond the technological aspect, it was the cultural alignment that appealed: a solution designed for French Tech, which spoke the same language as the finance teams of French startups. Equify became Shift Technology's source of truth, with one major advantage over Excel: the ability to go back in time and find the exact status of the cap table on any given date.
Instant access to information
For Clément, Head of Total Rewards at Shift Technology, the main benefit of Equify is clear: immediate availability of information.
"With just one click, I can see the extent of my past grants. When I need to be sure about information concerning our shareholding, I go straight to Equify to find it, because I know it's accurate. " — Clément, Head of Total Rewards
This feature is particularly valuable during audits, when cap table statements must be produced regularly on specific dates. Whereas Excel would require painstakingly reconstructing the history, Equify can generate these views in seconds.
But the advantage goes beyond simple historical research. The platform offers dual granularity of analysis at the company level and at the level of each security holder.
This flexibility allows Clément to instantly switch from a strategic view to an individual case, facilitating both reporting to the executive committee and exchanges with employees.
A transparent relationship with employees
The second pillar of Equify's value for Shift Technology is based on its relationship with employees.
Equify's employee portal provides clear and concrete visibility into their holdings. It proves particularly useful at key moments: when new options are granted, when questions arise about exercising them, or when employees leave the company.
"When an employee leaves, it allows us to start from the same figures. The system automatically calculates what the employee is entitled to, which avoids difficult discussions. " — Clément, Head of Total Rewards
The impact is twofold:
- For employees
The Equify space enables them to check their situation at any time, to project themselves forward to different dates and to understand in concrete terms the value of their equity package. - For the HR team
Equify becomes a genuine dialogue tool. During departures, when discussions can be tense about the exact calculation of vested shares, Clément can log on to the employee's profile, simulate in real time the impact of different vesting end dates and explain the rules in complete transparency.
No more debates about figures: this shared "source of truth" defuses tensions and allows exchanges to focus on the essentials.
Reliable data to steer strategy
The third major benefit of Equify for Shift Technology lies in its ability to serve as a reliable basis for all financial simulations.
"What always takes time isn't the formulas - it's having reliable data. With Equify, the data is up to date the moment I extract the information, and all that's left to do is make the calculations. This avoids wasting time cleaning up the data." - Clément, Head of Total Rewards
With Equify, data cleaning is a thing of the past. Extracts are clean, up-to-date, and can be fed directly into his Excel analyses for the compensation committee. This hybrid process suits him perfectly: Equify guarantees the reliability of the source data, while Excel offers the flexibility of customized calculations. This combination allows him to make informed recommendations to the compensation committee, based on indisputable figures.
The future with Equify
For Clément, the partnership with Equify is just beginning.
In the short term, the aim is to make better use of existing functionalities, particularly the governance section, which is still under-utilized.
But beyond these internal optimizations, it's Equify's roadmap that inspires confidence. Clément knows that new functionalities are under development, and that the platform will continue to evolve to make it faster and more convenient to use.
"The equation is simple: Equify eliminates the complexity of data, allowing me to focus on what I do best - analyze, simulate, recommend. And this value proposition will only get stronger as the product evolves." - Clément, Head of Total Rewards
