Shlomi Lavi / Jul 18, 2022We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Iconixx Merit is more expensive to implement (TCO) than BalancedComp, and Iconixx Merit is rated higher (90/100) than BalancedComp (62/100).
Looking for the right Compensation Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
BalancedComp: Calibrating Pay-to-Performance for Financial Institutions BalancedComp is a software and consulting firm dedicated to serving credit unions and banks. Our focus is web based salary administration and performance management processes that attract, motivate and retain a talented workforce.
Iconixx: Within every sales professional is a primal, quota-crushing beast. If you’re responsible for managing compensation, you are the beastmaster. The beastmaster has no time for tedious compensation routines using inferior tools like spreadsheets. The beast, meanwhile, cannot abide the irritation of manual commission reconciliations. No. The beast cares...
The real total cost of ownership (TCO) of Compensation Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BalancedComp and Iconixx Merit.
BalancedComp price starts at $20 per year , On a scale between 1 to 10 BalancedComp is rated 4, which is lower than the average cost of Compensation Management software. Iconixx Merit accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 BalancedComp is rated 4, which is lower than the average cost of Compensation Management software.
Bottom line: Iconixx Merit is more expensive than BalancedComp.
We've compared BalancedComp Vs. Iconixx Merit based on some of the most important and required Compensation Management features.
BalancedComp: We are still working to collect the list of features for BalancedComp.
Iconixx Merit: We are still working to collect the list of features for Iconixx Merit.
BalancedComp's typical customers include: Medium and large size businesses, and Iconixx Merit's target customer size include: Small, medium and large size businesses.
starts at $20 per year
BalancedComp is a trending cloud-based Payroll software, it is designed to support medium and large size business. BalancedComp received a rating of 3.2 from ITQlick team. The software cost is considered afford...
Compare Pricing
Iconixx Merit is an on-cloud or on-premise compensation management and HR software for medium to large companies. It offers forecasting and analytics, Webinars, automated sales, CRM integration, commission calc...
Compare Pricing| ITQlick Score: | 62/100 |
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| ITQlick Rating: |
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| Pricing: | 4/10 - average cost |
| Category: | Compensation Management -> BalancedComp review |
| Company: | BalancedComp |
| Pricing: | starts at $20 per year |
| Typical customers: | Medium and large size businesses |
| Platforms: | Cloud |
| Links: | BalancedComp review, BalancedComp pricing, BalancedComp alternatives |
| ITQlick Score: | 90/100 |
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| ITQlick Rating: |
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| Pricing: | 6/10 - average cost |
| Category: | Compensation Management -> Iconixx Merit review |
| Company: | Iconixx |
| Typical customers: | Small, medium and large size businesses |
| Platforms: | Desktop, Mobile |
| Links: | Iconixx Merit review, Iconixx Merit pricing, Iconixx Merit alternatives |
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.