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What is HRSoft Compensation Management?

HRSoft Compensation Management streamlines and regulates intricate compensation planning processes. Developed by HRSoft, this trustworthy and top-tier software solution is designed to help organizations eradicate spreadsheet inaccuracies while fully automating the entire compensation process for salaries, bonuses, merits, and additional benefits. With its robust platform packed with various features, it significantly decreases the time spent on complicated compensation cycles by enhancing efficiency, accuracy, and auditability. Key functionalities encompass automated worksheets and budgets, adherence to global pay standards, personalized reporting capabilities, integration with HRIS, calculations for salary merits and bonuses, and compliance with international payroll requirements, among others. This comprehensive tool not only simplifies the management of compensation but also empowers employers with the data-driven insights necessary for informed decision-making.

What is CompXL?

CompXL is a cloud-driven compensation planning software that combines the adaptability of Excel with the advantages of cloud technology. Tailored for compensation specialists seeking a streamlined approach to merit planning and incentive calculations, CompXL significantly reduces manual tasks while enhancing visibility throughout the process. With robust data security measures in place, including login and password protection, CompXL ensures that sensitive information is safeguarded. Renowned companies such as Harbor Freight, Natixis, General Atlantic, and OpenText rely on CompXL, highlighting its global trust and effectiveness in the industry. This software not only simplifies complex compensation processes but also empowers organizations to make informed decisions based on real-time data.

Media

Media

Integrations Supported

ADP Workforce Now
ADP Vantage HCM
UKG Pro
UKG Ready
Workday HCM

Integrations Supported

ADP Workforce Now

API Availability

Has API

API Availability

Pricing Information

Pricing is based on customer need and complexity

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

HRSoft

Date Founded

1996

Company Location

United States

Company Website

www.hrsoft.com

Company Facts

Organization Name

HCR Software

Date Founded

2006

Company Location

United States

Company Website

www.compensationxl.com

Categories and Features

Commission

Commission Calculations
Commission Scheduling
Commission Tracking
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Employee Recognition

Goals
Leaderboards / Activity Tracking
Manager-to-Peer Recognition
Mention Management
Nominations
Peer-to-Peer Recognition
Performance Management
Rewards Catalog
Rewards Points
Social Recognition

Performance Management

360 Degree Feedback
Compensation Management
Peer Appraisals
Skills Assessments

Salary Benchmarking

Not specified

Sales Compensation

Not specified

Categories and Features

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Salary Planning

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