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What is Hyperform?

Hyperform, our innovative compensation automation tool, has the potential to decrease payout cycles by up to 87%. It is essential for financial institutions to efficiently manage, compute, analyze, and report on incentive compensation programs, thereby minimizing errors and preventing overpayments to both employees and business partners. Prior to the implementation of policies, our policy modeling platform enables users to craft and evaluate these policies effectively. The system offers real-time computations for intricate calculations across both internal and external sales networks. Furthermore, it supports integration with various data sources, including CRM, billing, POS, and data warehouses, as well as compatibility with payment platforms. Once a payout is approved, it automates the generation of invoices, allowing for the upload of either physical or digital formats. Additionally, the payout dashboard highlights key performance indicators, furnishing critical insights for informed business decision-making. This comprehensive solution not only streamlines operations but also enhances transparency and accountability in compensation management.

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.

Media

Media

Integrations Supported

Integrations Supported

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

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing is based on customer need and complexity

Supported Platforms

SaaS
Android

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Act21 Software

Company Location

United States

Company Website

www.act21.io/compensation-automation/

Company Facts

Organization Name

HRSoft

Date Founded

1996

Company Location

United States

Company Website

www.hrsoft.com

Categories and Features

Compensation Management

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

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

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