Company Recognized as Compensation Management Leader for Third Consecutive Year
HRSoft, the global leader in compensation, rewards and goals-based performance management solutions, recently announced it was named to the Constellation ShortList for Compensation Management for the third consecutive year.
The company is one of just six vendors that were selected for the 2021 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 to compile the list.
The technology vendors and service providers included in the program deliver tools that support compensation analysis, planning and the execution of compensation cycles to help organizational leaders make more effective compensation decisions.
HRSoft enables digital transformation in HR and compensation for enterprise businesses with its suite of flexible software solutions for compensation and performance management and total rewards communication. HRSoft’s award-winning compensation management product, COMPview™, is a SaaS cloud-based solution that enables flexibility and automation of the most complex compensation requirements. COMPview automates the administration of salary merit, bonus, and incentive plans while dramatically reducing cycle times with a streamlined, accurate and auditable process. The intuitive, easy-to-use software interface gives customers the ability to define, oversee, and control the entire compensation cycle—enabling enhanced decision making, improved business results and increased control of total spend.
“COMPview empowers line managers and HR team members to simplify and streamline each step of the compensation planning process for their organizations—and in doing so, save time and improve the bottom line,” said David Kennedy, CEO, HRSoft. “Constellation Research naming HRSoft to their ShortList in this category for the third year in a row affirms our growth as the global leader in compensation management and our customers’ trust in us with their critical enterprise business processes.”
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 their 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.
HRSoft is the trusted global leader in Compensation Management, Total Rewards Communication and goals-based Performance Management solutions. The company’s COMPview™ product is the leading compensation management system for enterprise clients. COMPview is proven to systematically control, simplify and streamline the process of managing even the most complex compensation plans. HRSoft’s proprietary low-code development platform allows the company to quickly create or configure client specific features, functions and workflows within its products. For more information, visit www.hrsoft.com.
Constellation Research does not endorse any solution or service named in its research.