HRsoft, the Global Leader in Compensation Management Software, today announced it was again named to the Constellation ShortList™ for Compensation Management. Constellation Research, an award-winning Silicon Valley based strategic advisory and futurist analyst firm, evaluated over 30 solutions categorized in the compensation management space. The technology vendors and service providers included in this program deliver critical transformation initiative requirements for early adopter and fast follower organizations.
HRsoft is being implemented by enterprises looking to embrace digital transformation. HRsoft is uniquely positioned to help companies accelerate compensation business process improvement and specializes in solutions for compensation management and total rewards communications. HRsoft’s compensation management product, COMPview, enables flexibility and automation of the most complex compensation requirements. A SaaS cloud-based solution, COMPview automates the administration of salary merit, bonus, and incentive plans, while dramatically reducing cycle times with a streamlined, accurate, and auditable process. It combines an intuitive, easy-to-use interface with best-of-breed features. Customers gain ability to define, oversee, and control the entire compensation cycle – enabling enhanced decision making, improved business results, and increased control of total spend, often seeing delivered real ROI in weeks after go-live.
“Organizations are looking to move beyond manual spreadsheets or outdated ways of managing compensation processes and critical areas of expense, and to improve ways to reward their most crucial asset, their employees. At HRsoft, we enable digital transformation in HR and compensation, dedicated to delivering innovative software and services that help our customers define and control merit, bonus, and equity decisions – both saving time and improving the bottom line,” said Eric Dirks, Executive Vice President, HRsoft. “Constellation Research naming us again to their prestigious Shortlist for Compensation Management validates our growth and customer decisions to trust their critical business processes with HRsoft. Clearly, our position is the global leader in Compensation Management.”
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.
“In an era of rapidly changing technology, pay to play research, and paywall required rankings, The Constellation ShortList portfolio gives prospects and customers an easy to use list and criteria to build their own vendor selection short list,” said R “Ray” Wang, chairman and founder at Constellation Research. “The vendors on this list represent the best of the best for their category. We’ve identified the top vendors to consider based on technology investment, use cases, strategic vision, customer value, executive leadership and price.”