HRSoft COMPview
Manage your enterprise's compensation lifecycle and accurately recognize top performers.
Executive Summary
HRSoft COMPview is a cloud-based, enterprise compensation management software designed to automate and streamline the entire compensation lifecycle, from budget modeling to employee communication. It caters to organizations, particularly those with 500-5,000+ employees, seeking to manage complex, global compensation plans and needing greater control and audit tools than standard HR systems. The platform helps ensure fair, competitive, and compliant compensation practices, driving employee engagement and retention. It provides analytics and reporting capabilities, enabling HR professionals, managers, and other stakeholders to make data-driven decisions about employee compensation and to ensure compliance with regulatory requirements.
Use Cases
- Automating complex global compensation plans for salary, merit, bonus, and equity awards.
- Ensuring fair and compliant pay practices across diverse employee populations and international locations.
- Streamlining compensation review cycles and reducing manual effort from spreadsheets.
- Providing managers with tools for informed compensation decisions and budget management.
- Communicating total rewards effectively to employees to drive engagement and retention.
- Modeling and simulating various compensation scenarios to optimize budget allocation and impact.
Features
Visibility
- Centralized Planning Dashboard: Provides a real-time overview of compensation cycles, manager activity, budgets, and approvals.
- Custom Reporting & Standard Dashboards: Offers a suite of standard reports and the ability to create custom reports for detailed compensation analysis.
- Total Rewards Communication: Generates personalized compensation statements and award letters, communicating the full value of employee rewards.
- Organizational Hierarchy Views: Allows for multiple organizational hierarchy views to manage and analyze compensation across different structures.
- Segmented Reporting: Enables reporting based on specific segments, crucial for global compliance and detailed analysis.
Intelligence
- AI Smart Modeling: Utilizes artificial intelligence for advanced compensation planning, simulations, and predictive analysis.
- Complex Bonus Calculations Automation: Automates intricate bonus calculations, including proration rules, ensuring accuracy and fairness.
- Award Modeling & Simulations: Allows testing of different merit matrices, bonus structures, and equity allocations before implementation.
- Automated Budget Controls: Automatically adjusts budgets, flags over-budget recommendations, eligibility errors, and rule violations.
- Chatbot Assisted Implementations: Supports implementation processes with AI-driven chatbot assistance for efficiency.
Support
- Premier Support Tiers: Offers tiered support packages (L1, L2, L3 Premier Support) with varying levels of health checks and hypercare during cycles.
- Dedicated Implementation Specialists: Provides expert in-house implementation services with domain specialists for a smooth setup.
- Enhanced Training Packages: Includes comprehensive training to ensure users can effectively utilize the platform.
- Client Support & Product Feedback: Offers channels for client support and gathering product feature requests and feedback.
Technical Specifications
- Architecture
- Multi-tenant cloud SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- Machine Learning
Integrations
- Workday
- SAP
- Oracle
- ADP
Security & Compliance
Certifications: SOC 2 Type II
Encryption: AES-256 at rest, TLS 1.2/1.3 in transit
Data Residency: Cloud-based
Pricing
- Model
- Per employee/month, Tiered subscription, Custom enterprise
- Starting Price
- Starting at $1.75 per employee per month (on ADP Marketplace), contact sales for enterprise pricing
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Annual
- Free Trial
- Yes, Custom demo (credit card required)
About HRSoft
HRSoft provides an industry-leading, purpose-built platform for compensation lifecycle management. Their software helps organizations develop agile and fair compensation plans, manage talent strategically, and deliver total rewards.