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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 CompensationMaster?

Since 1985, we have dedicated ourselves to improving both productivity and profitability for businesses by strategically designing and managing incentive programs that utilize lean principles in sales and compensation. Our specialized software for sales force compensation management is employed to handle the compensation of over 70,000 sales professionals worldwide. Users can easily develop various compensation plans, analyze their effects, and implement them seamlessly for their sales teams. Our accuracy is noteworthy, achieving a remarkable standard of $100 for every $1,000,000, which corresponds to a Six Sigma level of precision, thereby minimizing uncertainties in your compensation strategies. Additionally, you can set up commission structures in mere minutes, input competitor offerings, and generate comparative graphs with ease. This feature allows you to illustrate to prospective hires that while another company's compensation plan might appear attractive, it may not offer the advantages it suggests. You can confidently attract or secure talent whenever needed! By embracing the Lean Six Sigma Process, you can unite every member of your organization, promoting smooth collaboration across all departments. Our approach is grounded in the sales force, ensuring that enhancements start where they are most impactful. Ultimately, we aim to enable organizations to flourish through well-informed and strategically aligned compensation strategies, thereby creating a sustainable competitive edge in the marketplace. By consistently refining these strategies, businesses can adapt to changes in the environment and continue to attract top talent effectively.

Media

Media

Integrations Supported

ADP Workforce Now
Criterion HCM
Namely

Integrations Supported

ADP Workforce Now
Criterion HCM
Namely

API Availability

Has API

API Availability

Has API

Pricing Information

$6500.00/year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site 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

CompensationMaster

Company Website

www.compensationmaster.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

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
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

Sales Performance Management

Incentive Compensation Management (ICM)
Predictive Sales Analytics
Quota Management
Reporting / Analytics
Sales Coaching Analysis
Sales Gamification
Sales Performance Tracking
Sales Planning & Forecasting
Territory Management

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