Best Compensation Management Software of 2024

It takes only one solution to unify all of your human capital requirements when you have the right workforce management software. Our clients have access to a powerful HCM platform that allows them to manage their most important asset, employees. Our single database workforce management app is built on one employee record, which opens up new possibilities for connecting your people, processes, and other business systems within the HR infrastructure. Improve your business results and long-term ROI by gaining visibility, control, speed, efficiency, and visibility over your workforce data. OnePoint is committed to helping our clients succeed. Customer success is our top priority. We are your HCM partner and can help you discover the benefits of seamless technology and unmatched customer support. The integration of all your human capital management assets in one HR infrastructure will result in time savings, reduced errors, and better people analysis.

ChartHop is the first platform for organizational management that empowers leaders and employees to see the past, present and future of their organization. The platform automatically creates fluid, data-driven views for a company via real-time updated organizational charts, custom reporting, headcount planning tools, and other data-driven features that increase efficiency and transparency among teams. Your team will have the information they need to do their job faster and better. To create data-informed strategies, one point of access to historical and current data is all you need. Analyze everything, from headcount by department to average pay by gender to turnover by performance rating. Powerful visualizations are available, including maps for remote teams, maps for org charts, and customizable reports. Visualizing data is your catalyst for change. Create the adaptable and agile organization that the market demands.

You can improve your sales compensation plan, retain top sales talent, save millions, and increase your sales revenue. Forma.ai is the only sales compensation platform that allows organizations to flexibly manage what are currently brittle and easily broken sales compensation management processes. The unique Forma.ai platform enables organizations to design, execute, and optimize their sales compensation strategy with a scientific approach driven by a collective data model. Forma.ai transforms one of the largest cost centers in an organization into its most powerful lever for top-line revenue growth. Founded in Toronto in 2016, Forma.ai is trusted by a growing list of innovative global enterprises with clients including Autodesk, TrustPilot, OpenTable, CareerBuilder, and more.

Real-time communication and planning of compensation is possible. Pave makes it easy to make better comp decisions and eliminate spreadsheets. It is powered by real-time integrations from your HRIS, ATS and Cap Table. Merit cycles can be a tedious process. Teams create compensation reports and have spreadsheets that are accessible to every manager. Pave centralizes compensation data to manage merit cycles in one place. Employees and candidates often overlook the entire picture regarding equity, bonuses, or benefits. Pave lets you visually present the entire dream to attract and retain top talent. Most surveys require periodic manual uploads, resulting in out-of-date compensation data. Pave integrates your systems in minutes and provides real-time benchmarking data for compensation. Surveys on compensation are outdated. Total rewards are more than just salary.

Pay equity decisions made easy for HR and compensation managers as well as consultants. Used in over 40 countries for companies of all sizes.

Uptoken allows crypto companies at all stages to incentivize their staff & ecosystems without worrying about regulators or scammers. RTUs can be used as deferred compensation, so you can promise tokens to anyone, anywhere. This reduces fraud and regulatory risk.

Orbit Pro(c), the new benchmarking platform from Turning Point, provides organisations expert salary benchmarking services and pay review services. It also offers powerful job evaluation capabilities. It delivers actionable'real-time' insight through a fully compliant solution. Orbit Pro(c), which is uniquely positioned to offer organisations, from SMEs to Global Enterprises, access to the most comprehensively validated European salary database. This allows you to search more than 16,000,000 individual data points by region, seniority, turnover, qualification, and specialization. Orbit Pro(c), which is combined with Turning Points 12 point analytic job evaluation system, provides an easy-to-use platform. You can create, manage, review, and benchmark roles in your organisation by using Orbit Pro(c).

Profiler Cloud is a suite that allows you to digitize every aspect of your company. Profiler Cloud allows you to digitize every aspect your company. You can track attendance, distribute pay slips, and manage holidays and leave for your employees with Profiler Cloud. Graphit allows you to implement a graph metric signature process within your ERP. This allows you to sign files even while on the go. Docker simplifies and digitizes the relationships between workers and human resources. Graphit makes it easy to implement the graphometric signature within your company. This tool is for the beginner, but can also be used by the more advanced users. Profiler Cloud's elements are easy to understand and easily assimilated by all types of users on any device. Profiler Cloud integrates with most management software without the need for expensive customizations. This speeds up your work. You will be completely free from enterprise software.

To increase transparency and operational efficiency, you can build, run, and automate your incentive compensation programs. Kennect's intelligent nudges, based on sales compensation, help your employees stay motivated and push their limits. Although your incentive plans can be complex, Kennect will make it easy to build them. The best part is that you don't need to have any database knowledge. It is difficult to accurately compensate the sales team without strong crediting. It is possible with Kennect. You can assign each transaction correctly to the last person. Kennect makes it easy to set up workflows for sharing documents and getting approvals for plans, as well as dispute resolution. You can track and send reminders. Kennect can help you drive the desired sales behavior by aligning sales teams with organizational goals and helping them earn higher.

Barley makes it easy for you to manage, structure, analyze, adjust, and manage your compensation across your entire organization. You can also keep an eye on changes in salary trends with Barley. Create a consistent compensation structure for your company. Get the context you need for data-driven pay decisions. You can complete compensation reviews in less than 30 minutes and with greater confidence. Your talent team is aware of changes in the market. You can use the data they collect to get an instant pulse on market trends. Get the most current salary benchmarks from your candidates. It takes a lot of time to manage compensation in spreadsheets. Barley's automated workflows make it easy to speed up every step of your compensation process. This allows you to focus on what really matters: your people, your goals. Your greatest asset (and cost) is your people. Barley allows you to have complete control over your merit increase and hiring budgets so you can place them where they are most effective.

Instead of using inefficient spreadsheets and other inefficient systems, you can tap into an automated solution to create your custom comp plan. Our product was developed by sales compensation professionals who have scaled and implemented ICM solutions for Enterprise-level companies. We have been there and done the work. Our teams have decades of experience and created a robust system that is easy to use, provides meaningful reporting right away, and can scale up to thousands of plan participants. ZenCentiv will be there for you from the initial deployment through to monthly processing. We are able to provide top-quality support because we have done the work. Instead of using inefficient spreadsheets and other ineffective systems, you can tap into an automated solution to create your custom comp plan. Our product was developed by sales compensation professionals who have scaled and implemented ICM solutions in Enterprise-level companies.

Reduce errors and save time. Receive real-time visibility into commission accruals, and payouts. Your rules can trigger payouts. Your data can be centralized in one source of truth. Our commission plan designer makes it easy to set up complex calculation logic. Trust is built with transparent and auditable commissions that are paid on time. Calculate commissions automatically in real time. You can save time and let your team concentrate on what is most important. Palette gives your sales team personalized performance dashboards that are updated in real time. This ensures transparency and visibility. Your commission data can be used to answer the most critical questions for your business. You can A/B test your compensation plans to see how they might impact your cash flow, and your business goals. Optimize ramp-up, set better quotas and budget commission costs, and forecast future payouts. Extract mission Critical insights

Software for modern sales teams that automates commissions. Automate any commission plan. The easy-to-use design tool for sales incentive plans allows you to automate any sales commission structure. Welcome to the world transparent sales commission plans that are updated with real-time sync. Are you looking for custom fields in your CRM? No problem. Complex workflow with multiple logical conditions. You can walk in the park. All thanks to the intuitive sales incentive plan creator at your disposal. All the tools you use in one touch. CRMs, Invoicing, Accounting, Prospecting, Payroll, etc. A powerful commission tracking software allows you to design highly nuanced sales incentives plans. You can set up automated workflows for commission approval, tracking, and payment. They will run like clockwork. Just a few clicks and you can make any changes.

We believe that when you pay correctly, everything works better. When pay is fair, it builds trust. Together, organizations and employees can face challenges, work towards common goals, and act passionately. We remain steadfast in the face of uncertainty and change. We will continue to lead the compensation management and data category that we created and work together to make all compensation fair and equal. We are a group of technology innovators, industry professionals, customer success specialists, and compensation practitioners. What brings us together? We all share a passion for helping you receive the right pay.

Aeqium provides HR teams and managers with all the data they need to make quick, data-driven decisions about compensation. Workflows are designed to make it easy for you to document the results, collaborate on compensation decisions, and offer merit recommendations. Wrap up reviews quickly to get your managers back on track with growing your business. Offer the most competitive compensation packages within your budget. Aeqium helps teams ensure fair pay and transparency for all employees. Review how your bands affect hiring and retention. Model proposed changes and update as needed. Aeqium provides automatic insights into the total compensation of your team, including salary, variable and equity data. You can analyze compensation across departments and roles with just a few clicks, allowing you to make better decisions and avoid turnover.

LoyaltyOptions offers a complete suite of components for managing and accounting your stock-based compensation plans and employee ownership programs. Functionality includes: Grant Management: Employee stock options, Restricted shares, Share Appreciation Right, Share Purchase Plans (SPP), Convertible bonds, Grant Modifications and Performance Grants Financial Reporting: ASC718, IFRS2, Grant Valuations (Black-Scholes), Binomial Valuations (Binomial valuations), Monte Carlo Simulations, Performance Grants Share Management: Cap Tables Statistical Reporting Mini-Market Share Certificates Administration: Role-based Security, Employee Portal, Auditor Portal, Sandbox, What-if Scenarios, Time Management

Incentrium, your cloud-based solution to share-based compensation. Managing programs, tracking forfeited grant, and initiating exercise. Valuation simplified for SOP, VSOP and other types of contracts, including RSU, PSU and RSU/VSOP. Innovative modular pricing, three speed modes, and innovative modular pricing make it easy. Reporting excellence through reliable, compliant reporting, flexible data slicing and multi-GAAP support.

CompLogix's Compensation Management Solution transforms the way you manage your company’s pay programs. It replaces manual processes with automated automation that saves time, money, and resources. Our solution is configurable so that you can customize almost everything, from the type of pay program to the organization of data. It can be used in conjunction with your existing HR software. You no longer need a complicated, unconfigurable system. Our cloud-based online solution allows you to manage pay programs easily. It's smart.

Xactly Incent, a robust sales performance management system, is designed to help businesses drive agent performance, take charge, and embrace mobility. Xactly Incent includes a powerful incentive compensation engine to help businesses adapt to changing market conditions. The software offers simple reporting tools and dashboards to provide real-time visibility into rep performance, analytics, modeling tools for evaluating incentive programs, and Xactly Incent iOS and Android mobile apps that allow for easy access to information on the move.

SecureSheet can be easily customized to manage all your incentive, bonus, and merit compensation plans. We start with a spreadsheet, and then add security, privacy and report features to improve the entire compensation planning process. Our cloud-based, secure spreadsheet software can be accessed from anywhere that users have a web browser. SecureSheet will manage your entire compensation planning from beginning to finish using a centralized shared spreadsheet. Your bonus, incentive, and merit review process can be reduced from weeks to just a few days! Our secure multi-user sheet combines all the features of a custom spreadsheet with additional security, control and report features. Our compensation planning software helps you to take control of data and reduce errors. We developed a global HRIS solution that is scalable, real-time and easily accounts for data changes.

AboutPay.com has compensation professionals that can assist you in the design and review your pay programs. To support our clients in key geographical locations, we have also contracted with total rewards individual contractors. Compensation managers across the United States highly recommend our staff. Hire one of our consultants to help you if you are short on staff and need assistance with data analysis, survey participation, or creating pay structures. This tool can do it all, from survey participation to creating new structures. It has a simple user interface with videos and help screens. This allows you to concentrate on your own approach to market analysis. To request a demo of Market Analyzer, please complete this contact form. We'll be in touch with you shortly. It is cheaper than comparable products and includes some features that they don't.

ProCARE Portal was born from a unique combination of domain expertise in the Incentive Compensation Management arena (ICM), across Fortune 100 and 500 verticals, including high-tech, telco, and biotech. We adapted two decades of ICM product design and architecture experience to address the most difficult issues in healthcare provider and physician compensation. We mean what we say when we say that we understand the challenges of managing compensation today. We have experienced the daily challenges of organizing, calculating and validating compensation elements in mountains upon spreadsheets. We understand physicians from the challenges they face, their value, and the dynamics involved with alignment with organizations. ProCARE was founded on the belief that everyone in the healthcare system will benefit if we automate these time-consuming and error-prone processes and provide transparency and control.

We are a proven solution that provides the most accurate and up-to-date labor wage data to help companies large and small make the right decisions. PeopleTicker is much more than a tool. We are a best practice. We separate out contingent wages and full-time compensation to provide accurate, up-to-date wage data for businesses looking to build an agile workforce. PeopleTicker provides you with the most accurate price data available, so you can make the best hiring decision for your company. Don't lose talent by relying only on outdated wage data. Get global, real-time compensation data that works as fast and as efficiently as you do. To attract top talent, you need to have easily accessible and validated wage data.

With actionable insights delivered via mobile apps, you can increase the performance of your sales team. Transparency and trust are promoted in the salesforce by enhancing plan communication and governance. Innovative comp model builder simplifies the process of comp plan building for analysts. Using dispute and payment management processes, you can increase sales commission administration productivity. With actionable performance insights, you can improve the quota performance of your salesforce. Through quota and adjustments communication, you can promote transparency and trust within the salesforce. Innovative quota model builders simplify the quota-setting process for analysts. A variety of quota analyses are available to analysts to improve the effectiveness of the quota-setting process. Map-based visualizations of territory level data can improve salesforce execution.

As a compensation professional, managing the merit and bonus process can be one of your biggest challenges. Do you spend more time worrying over the mechanics of the bonus/merit process than on optimizing pay programs to support your company's overall strategy? Charlton Consulting Group's Compensation Management Platform allows compensation professionals to concentrate more on substance than on mechanics. Employers can quickly adapt the platform to their specific needs. No more spreadsheets being shared between executives and managers. Designed to fit your organization's hierarchy, reviews can be customized and approvals can be made seamlessly. Managers can use historical information to aid in their decision-making. You can quickly and easily create reports and send personalized communications to employees. Strong reporting and communication features.