Compare Iconixx Merit and Compensationxl - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - Iconixx Merit or Compensationxl?

Iconixx Merit is more expensive to implement (TCO) than Compensationxl, and Iconixx Merit is rated higher (90/100) than Compensationxl (85/100). Compensationxl offers users more features (3) than Iconixx Merit (0).

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:

Iconixx Vs. Hcr Software

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...

Hcr Software: HCR Software makes compensation planning easy and incentive planning intuitive so that your compensation team can focus on retaining and rewarding your employees. With the TEAM EDITION starting at only 5k per year, and the PROFESSIONAL EDITION starting at only 10k per year, chances are high that there is a CompensationXL version that will fit your ...

Who is more expensive? Iconixx Merit or Compensationxl?

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 Iconixx Merit and Compensationxl.

Iconixx Merit accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Iconixx Merit is rated 6, which is similar to the average cost of Compensation Management software. Compensationxl price starts at $5,000 per year , When comparing Compensationxl to its competitors, the software is rated 4 - lower than the average Compensation Management software cost.

Bottom line: Iconixx Merit is more expensive than Compensationxl.

Which software includes more/better features?

We've compared Iconixx Merit Vs. Compensationxl based on some of the most important and required Compensation Management features.

Iconixx Merit: We are still working to collect the list of features for Iconixx Merit.

Compensationxl: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Iconixx Merit's typical customers include: Small, medium and large size businesses, Customers of the software include small and medium businesses as well as large enterprises.