CompTrak

Cloud-based employee compensation management solution

4,7 /5 (10 reviews) Write a Review!

CompTrak Overview

What is CompTrak?

CompTrak is a cloud-based compensation management solution that businesses manage employee rewards, equity plans, and more. The centralized platform lets users assign compensation plans to executive owners and maintain issue logs related to audit frameworks, facilitating the review process.

CompTrak allows organizations to incorporate hover text, call-outs, and glossaries into reward statements to improve employee retention. Businesses can also utilize the reward program to let employees access specific company benefits including insurance premiums, allowances, discounts, healthcare benefits or tuition reimbursements. Plus, it enables managers to store critical documents in a centralized database and grant permissions to specific users.

CompTrak helps businesses track equity distributions and accumulated dividends, as well as configure compensation plans to manage the vesting process. Users can collaborate with colleagues on incentive programs and receive reminders through alerts and notifications to complete follow-up processes. Managers can also review reward statements and generate reports in compliance with industry standards.

CompTrak Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Contact CompTrak for pricing details.


CompTrak Features

Devices
Business size
S M L
Markets
United States, Canada, Australia, China, India and 4 others, Japan, Germany, Brazil, Mexico
Supported Languages
English

Media

CompTrak homepage
CompTrak grant management
CompTrak video CompTrak screenshot: CompTrak homepage CompTrak screenshot: CompTrak grant management

CompTrak Reviews

CompTrak Reviews

Overall rating
4,7
/
5
Excellent
8

Very good
1

Average
1

Poor
0

Terrible
0

Value for Money
4,7
Features
4,6
Ease of Use
4,7
Customer Support
4,9
90% recommended this app
Marius H.

Technology Review

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


Ashley W.

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

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.


Verified Reviewer

CompTrak Review

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


Lisa C.

Comments from Administrator

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


Errick A.

CompTrak Review


Marius H.
Industry: Insurance
Company size: 10 000+ Employees

Technology Review

Used Daily for 2+ years
Reviewed on 2020/01/28
Review Source: Capterra

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Ashley W.
Industry: Oil & Energy
Company size: 501-1 000 Employees

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

Used Daily for 6-12 months
Reviewed on 2020/02/07
Review Source: Capterra

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Verified Reviewer
Industry: Banking
Company size: 10 000+ Employees

CompTrak Review

Used Daily for 2+ years
Reviewed on 2020/02/04
Review Source: Capterra

- 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

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Lisa C.
Industry: Capital Markets
Company size: 5 001-10 000 Employees

Comments from Administrator

Used Daily for 1+ year
Reviewed on 2020/01/28
Review Source: Capterra

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Errick A.
Industry: Banking
Company size: 10 000+ Employees

CompTrak Review

Used Weekly for 2+ years
Reviewed on 2020/01/28
Review Source: Capterra

Pros

As part of the team who deploys and does some administering of this application within our infrastructure, the deployment activities are very easy to manage and execute. The Admin functionality of the tool is very straight forward.

Cons

The error handling is one of the items that we sometimes struggle with when encountering an error within the application. Sometimes that error message is not very meaningful and it makes it difficult to determine the cause of the error.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

User recommendation
9/10
Based on 10 user ratings
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CompTrak Pricing

CompTrak Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Contact CompTrak for pricing details.

Contact CompTrak for pricing details.

Value for Money
4,7/5
Based on 10 user ratings
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CompTrak Features

CompTrak Features

API
Activity Dashboard
Activity Tracking
Applicant Tracking
Automatic Notifications
Customizable Branding
Customizable Reporting
Data Import/Export
Employee Database
Employee Management
Employee Onboarding
Employee Portal
Employee Self Service
Performance Management
Real Time Reporting
Recruitment Management
Reminders
Reporting & Statistics
Self Service Portal
Third Party Integration
Features
4,6/5
Based on 10 user ratings
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Categories

Additional information for CompTrak

Additional information for CompTrak

Key features of CompTrak

  • Bonus Management
  • Compensation Assessment
  • Compensation Calculation
  • Compensation Plan Modeling
  • Compensation Statements
  • Employee Reward Programs
  • Incentive Programs

CompTrak FAQs

CompTrak FAQs

Below are some frequently asked questions for CompTrak.

Q. What type of pricing plans does CompTrak offer?

CompTrak offers the following pricing plans:

Pricing model: Subscription

Free Trial: Not Available

Contact CompTrak for pricing details.

Q. What are the main features of CompTrak?

CompTrak offers the following features:

  • Bonus Management
  • Compensation Assessment
  • Compensation Calculation
  • Compensation Plan Modeling
  • Compensation Statements
  • Employee Reward Programs
  • Incentive Programs

Q. Who are the typical users of CompTrak?

CompTrak has the following typical customers:

Small Business, Large Enterprises, Mid Size Business

Q. What languages does CompTrak support?

CompTrak supports the following languages:

English

Q. What type of pricing plans does CompTrak offer?

CompTrak has the following pricing plans:

Subscription

Q. Does CompTrak support mobile devices?

We do not have any information about what devices CompTrak supports

Q. What other apps does CompTrak integrate with?

CompTrak integrates with the following applications:

SAP Business One

Q. What level of support does CompTrak offer?

CompTrak offers the following support options:

Phone Support, Online Support, FAQs, Video Tutorials