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Ratings and Reviews 0 Ratings
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What is SimplyMerit?
SimplyMerit® is an innovative HR Compensation Management Solution that operates in real-time, enabling leaders to take charge of their Merit budgets, Bonus pools, and Equity grants effectively. We can have you up and running in five days or even less, allowing you to experience the advantages immediately: say goodbye to errors, eliminate the hassles of managing spreadsheets, and enjoy peace of mind regarding security issues! With SimplyMerit, you can seamlessly handle currency conversions, implement customizable prorations, oversee approval workflows, and automatically generate adjustment letters, making compensation management more efficient than ever before. This comprehensive solution not only streamlines processes but also enhances decision-making for HR teams.
What is CompTrak?
Streamline Your Compensation Needs with One Comprehensive Platform
CompTrak's innovative enterprise solution integrates incentive structures, equity management, and merit reviews into a single, user-friendly platform. This system empowers organizations to design, tailor, and oversee intricate compensation strategies that align seamlessly with their overarching business objectives. By utilizing CompTrak, companies can enhance employee engagement and ensure that every aspect of compensation harmonizes for the benefit of both the organization and its workforce.
The platform is built around three essential components: Compensation Management (Equity Plan Management), Total Rewards Statements, and Compensation Management (Compensation Management). Each of these modules can be acquired individually or integrated into a cohesive solution. CompTrak significantly reduces reliance on manual tasks, spreadsheets, and outdated systems, making it possible for organizations to effectively manage global compensation strategies. Furthermore, it offers a mobile-friendly Total Rewards experience, enhancing accessibility and engagement for employees. Ultimately, CompTrak is designed to simplify compensation management while driving strategic alignment and employee satisfaction.
API Availability
Has API
API Availability
Pricing Information
$6500.00/year
Annual license based on number of employees; includes unlimited support
Free Trial Offered?
Pricing Information
Pricing not provided
Supported Platforms
SaaS
Supported Platforms
SaaS
Customer Service / Support
Standard Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
MorganHR
Date Founded
2004
Company Location
United States
Company Website
www.simplymerit.com
Company Facts
Organization Name
HRSoft
Date Founded
1996
Company Location
United States
Company Website
comptrak.com/
Categories and Features
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Incentive Programs
Organizational Charting
Salary Planning
Categories and Features
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Equity Management
Cap Table Management
Options Management
Participant Portal
Private Equity
Public Equity
Vesting Management