HRsoft Compensation Management

HRsoft Compensation Management

Compensation planning and management software

About HRsoft Compensation Management

COMPview is a powerful, best-of-breed compensation management software that allows employers to eliminate spreadsheets and automate the entire process for salary, merit and bonus processes. Complete your entire compensation cycle in less time, with fewer mistakes and more effective allocation of budgets. Organizations with 1,000+ employees.


Key benefits of HRsoft Compensation Management

  • The system can be configured to complement current compensation planning workflows in use at the company.

  • Real-time data, auditable planning processes, and active advice alerts are designed to prevent errors or security risks, while still keeping data accessible in the cloud.

  • Salary, variable pay, and stock can all be planned and managed, with the option for pay-for-performance.

  • Awards can be reviewed, processed, and approved in real time, with custom workflows and manager notifications.

  • Role-based access permissions allow users access to required data, while protecting sensitive information from unauthorized access.

  • Images

    HRsoft Compensation Management Software - COMPview visualizes salary comparisons in graph form
    HRsoft Compensation Management Software - Compensation can be awarded to employees based on performance though COMPview
    HRsoft Compensation Management Software - COMPview reports on budget allocations, spend, and remaining amounts
    HRsoft Compensation Management Software - COMPview allows users to configure company hierarchies for individual budgets
    View 5 more
    HRsoft Compensation Management video
    HRsoft Compensation Management Software - COMPview visualizes salary comparisons in graph form
    HRsoft Compensation Management Software - Compensation can be awarded to employees based on performance though COMPview
    HRsoft Compensation Management Software - COMPview reports on budget allocations, spend, and remaining amounts
    HRsoft Compensation Management Software - COMPview allows users to configure company hierarchies for individual budgets

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    Reviews

    Overall rating

    4,7 /5
    (30)
    Value for Money
    4,7/5
    Features
    4,6/5
    Ease of Use
    4,6/5
    Customer Support
    4,9/5

    Already have HRsoft Compensation Management?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 30
    Britta H.
    Britta H.
    Overall rating
    • Industry: Hospital & Health Care
    • Company size: 501–1 000 Employees
    • Used for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support

    Our recent implementation went smoothly thanks to our excellent support team.

    Reviewed on 2018/04/06

    Pros

    HRSoft COMPview enables us to support our business through building advanced rules and calculations not available in our HRIS. We were able to build interfaces between our HRIS and HRSoft to ensure the data populated in the planning tool was mapped properly. We also built reports to support seamless payroll processing for our annual bonus payments. Our support team was incredibly knowledgeable and supportive throughout the entire process.

    Cons

    Some features are hardcoded into the HRSoft COMPview tool which may require some creative resolution. The HRSoft team was extremely accommodating and always kept our business needs in mind. Also, post-implementation, we held a post-mortem and HRSoft listened to our feedback for improvements which may be adopted in future releases.

    MARIUS
    Overall rating
    • Industry: Insurance
    • Company size: 10 000+ Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Technology Review

    Reviewed on 2020/01/28

    CompTrak software allows us to manage the most complex compensation plans with confidence.
    It has...

    CompTrak software allows us to manage the most complex compensation plans with confidence.
    It has no issue handling exceptions and complex business rules.

    Pros

    The Comptrak vendor is very knowledgeable about the Insurance business.
    They proved to be very accommodating even with short notice requirements. Impressive development and testing speed and quick turnaround time for changes.
    Their deliverables are always of very high quality.
    The customer support team is always standing by to pick up the phone and call if we have questions or issues.
    Based on feedback I got from our business users, the software is intuitive and very easy for managers and administrators to use, gives them the flexibility to handle all situations with audit compliance.
    From a daily maintenance perspective it's worth mentioning and in the last 2 and a half years since we went live we never had any major severity incident, not even a medium severity one.

    Cons

    Nothing I can think of at this moment.

    The software is very robust and we had no significant production incident with it.

    Verified Reviewer
    Overall rating
    • Industry: Banking
    • Company size: 10 000+ Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    CompTrak Review

    Reviewed on 2020/02/04

    - Highly customized application to support employee variable compensation planning and allocation.
    -...

    - Highly customized application to support employee variable compensation planning and allocation.
    - Excellent support and flexible professional services

    Pros

    - function rich
    - highly customized
    - ease of use

    Cons

    - error handling is a bit weak
    - not enough information cross checking and validation
    - error messaging is a bit weak

    Ashley
    Overall rating
    • Industry: Oil & Energy
    • Company size: 501–1 000 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    What the tool lacked in functionality, the team makes up for in service and customization

    Reviewed on 2020/02/07

    CompTrak has been very accommodating with our requirements and timelines. Response times on support...

    CompTrak has been very accommodating with our requirements and timelines. Response times on support inquiries are very quick. What the tool lacked in functionality, the team made up for in service and customization.

    Pros

    - Very accommodating to our needs for customization due to our unique plan rules.
    - Our goal was not to change our user experience from the legacy system and CompTrak went into great efforts to make that happen for us.
    - User interface is user-friendly and does not require extensive training for employees to use.
    - Our reporting requests were probably more complex than some and CompTrak did a great job fulfilling those requirements.

    Cons

    - UI is a bit out-dated and could use a visual update in the next few years.

    Lisa
    Overall rating
    • Industry: Capital Markets
    • Company size: 5 001–10 000 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Comments from Administrator

    Reviewed on 2020/01/28

    Customer service is impeccable! The team is always available to help when issues arise.

    Customer service is impeccable! The team is always available to help when issues arise.

    Pros

    The application is intuitive and very easy for managers and administrators to use. It gives us the flexibility to handle all situations with audit compliance.

    Cons

    Can't think of anything major. Overall experience has been nothing but positive.

    Showing 5 reviews of 30 Read all reviews

    HRsoft Compensation Management FAQs

    Below are some frequently asked questions for HRsoft Compensation Management.

    HRsoft Compensation Management offers the following pricing plans:

    • Starting from:
    • Pricing model: Subscription
    • Free Trial: Not Available

    Pricing is available on inquiry.

    HRsoft Compensation Management has the following typical customers:

    501–1 000, 1 001–5 000

    HRsoft Compensation Management supports the following languages:

    English

    HRsoft Compensation Management supports the following devices:

    We do not have any information about what integrations HRsoft Compensation Management has

    HRsoft Compensation Management offers the following support options:

    Email/Help Desk, Phone Support, 24/7 (Live rep)

    Related categories

    See all software categories found for HRsoft Compensation Management.