beqom EPM Review - why 3.5 stars?

beqom EPM Review
ITQlick Score: 89/100
ITQlick Rating: (3.5/5)
Pricing: 3/10 - low cost
Category: Compensation Management -> beqom EPM
Ranking:Ranked 2 out of 28 Compensation Management systems
Company: beqom
Typical customers: Small, medium and large size businesses
Platforms: Desktop
Links: beqom EPM pricing, beqom EPM alternatives

Shlomi LaviShlomi Lavi / updated: Apr 30, 2022

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What is beqom EPM and its features?

beqom EPM is a cloud-based compensation management software that enables enterprise owners to organize their rewards strategy to motivate their workforce and improve employee retention optimally. It also allows them to scale their sales process using an end-to-end model and to optimize territory planning. These features give corporations the advantage of flexibility within their operating data models.

The software highlight features include Sales Crediting, Channel Management, Quota Management, and Analytics & Reporting. Beqom is a private computer software company that started operations in 2009. It has its headquarters in Nyon, Vaud, Switzerland, and a current workforce of 50-200; It won the EY Entrepreneur of the Year award in 2019.


What is beqom EPM rating?

The rating of beqom EPM is 3.5 stars out of 5 and the total score is 89 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses beqom EPM?

The typical customers include the following business size: Small, medium and large size businesses.

Is it easy to use?

Yes, beqom EPM makes it fairly easy to use. This product is user friendly and intuitive.

Is beqom EPM cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently beqom EPM can't be accessed on mobile, you would need to access it from your computer.

Is beqom EPM the best Compensation Management system?

beqom EPM is ranked 2 out of 28 software in their category (Compensation Management systems).

What are beqom EPM's pros? (4 Pros)

  • Beqom EPM offers the possibility to manage all compensation components in a single platform (C&B and SPM)
  • The system is flexible and enables users to customize their unique needs
  • The software offers optimal customer service
  • It is capable of handling multiple compensation components

What are beqom EPM's cons? (3 cons)

  • Some users have sometimes experienced crashes within the software
  • Its implementation time is lengthy
  • Limited support channels

Who are their main alternatives?

Beqom EPM competes with other compensation management systems like Iconixx Merit, CompLogix Compensation Management, and Xactly Incent. We will compare these compensation management systems in some specific aspects below.
  • Functionality: Beqom EPM offers features like Performance Management, Salary Management, Bonus Management, Long Term Incentives & Bonus Deferral, Executive Compensation Management, Planning, Budgeting & Forecasting, Analytics & Reporting, Individual Compensation Planning, Equal pay & Transparency, Increased Retention, Compliance, Budget Management, Compensation Plan Modeling, Compensation Statements, Employee Reward Programs, Incentive Management, Market Data Analysis, Reporting/Analytics, Salary Planning, etc. Iconixx Merit offers features like Compensation Planning (available in Beqom EPM), Commission & Calculation Process, Modeling & Forecasting, Integrated Workflow, Governance & Reporting, Agency Commission, Compliance Management, Commission Calculator, Multi-Currency, Sliding Scale Commissions, etc.

    CompLogix Compensation Management offers features like Custom Dashboards & Reports, Customizable Business Rules & Calculations, Customizable Planning Calculations, Columns & Behaviors, Configurable User Permissions, Custom Roles, Compensation Plan Modeling, Compensation Statements, Employee Reward Programs, Incentive Management, Reporting/Analytics, Salary Planning, etc. Xactly Incent offers features like Compensation Plan Configuration, Document and Workflow Management (available in Iconixx Merit), Reporting (available in Beqom EPM) & Dashboards, Powerful Integrations, Commission Calculator, Sliding Scale Commissions, Percentage Commissions, Compensation Statements, Organizational Charting, Compensation Plan Modeling, Compensation Statements, Flat Commissions, Incentive Management, Percentage Commissions, etc.
  • Customers/Industries: Beqom EPM targets Automotive, Energy & Resources, Financial Services, Manufacturing & Retail, Technology & Business Services, and Telecommunications. Beqom EPM has customers like Fujitsu, Daimler Truck white, Deutsche Post DHL, McDonald, Orange, Pepsico, The Adecco Group, BNP Paribas, TELCO, TotalEnergie, Lowes, etc. Iconixx Merit targets Retail, Manufacturing, Mortgage, Financial Services, Insurance, Life Sciences, High Tech, Healthcare, Communications, etc. Iconixx Merit has customers like CBS, Henkel, Scholastic, RentPath, Randstad, Raymond James, Datacolour, Cottage Health, DrFirst, SeaGull Scientific, etc.

    CompLogix Compensation Management targets Human Resource Professionals with responsibility for Compensation and Total Rewards. CompLogix has customers like Duracell, SurveyMonkey, Revion, AMC Theaters, Smartsheet, AppDirect, Tableau, Great-West Financial, SimplyWell, etc. Xactly Incent has customers like Vodafone, Pendo, Blackbaud, LinkedIn, MetaComplaince, Keep IT Simple, Databricks, Flowserve, National Instruments, Addison Group, etc.
  • Cost: The license cost information for Beqom EPM and all its alternatives is unavailable.
  • Popularity: Beqom EPM is privately held and has managed $300bn in compensation for 3 million people in 160+ countries. Iconixx is privately held and has helped hundreds of companies of all sizes and across industry verticals. Xactly Incent is publicly traded on the NYSE under the XTLY symbol with 1600+ organizations.
  • Scalability: Beqom EPM can accommodate large-scale organizations. All the alternatives of Beqom EPM can accommodate organizations of all sizes.
  • Support: Beqom EPM offers 24/7 (Live Rep) and Chat support channels. Iconixx Merit offers an Email/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live Rep), and Chat. CompLogix offers an Email/Help Desk, Phone Support, and 24/7 (Live Rep), while Xactly offers 24/7 (Live Rep).

What is the cost of beqom EPM?

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 3 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for beqom EPM

What should you ask beqom during a demo session? (65 questions)

Schedule a demo with beqom EPM and access 65 must ask questions for the vendor while watching beqom EPM in action. Visit the vendor's website here.

Where beqom EPM is used?

Organizations looking for a whole compensation cloud solution covering all aspects of compensation and performance for both sales and human resources, such as salary review, bonuses, long-term incentives, CEO compensation, and sales compensation programs, will find beqom to be a good option.

Beqom has customers like CNH Industrial, AG2R La Mondiale, Sunrise, Bergerat Monnoyeur, BNP Paribas, Swisscom, Syngenta, Coca-Cola Hellenic Bottling Company, Elior Group, Faurecia, Hera, JTI, Turkcell, Solocal, Randstad, etc.

List of categories

Compensation Management
Recruitment

beqom EPM Vs. Alternatives

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.