Compensationxl Review - why 4.8 stars?

Compensationxl Review
ITQlick Score: 85/100
ITQlick Rating: (4.8/5)
Pricing: 4/10 - average cost
Category: Compensation Management -> Compensationxl
Ranking:Ranked 3 out of 28 Compensation Management systems
Company: Hcr Software
Pricing: starts at $5,000 per year
Typical customers: Medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Compensationxl pricing, Compensationxl alternatives
Shlomi LaviShlomi Lavi / updated: Jun 15, 2021

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What is Compensationxl?

CompensationXL is a compensation planning solution for businesses of all sizes. It offers such services as incentives management, ad hoc reporting, routing automation, integration, and others. The software was designed and launched by HCR Software headquartered in Florida, United States.

What is Compensationxl rating? ()

The rating of Compensationxl is 4.8 stars out of 5 and the total score is 85 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Compensationxl's typical customers?

Customers of the software include small and medium businesses as well as large enterprises. Major industries where the software can be deployed include financial services, retail and wholesale, healthcare and hospitality, and others.

Is Compensationxl the best Compensation Management?

Compensationxl is ranked 3 out of 28 software in their category (Compensation Management systems).

What are their main features and functionalities?

The software offers comprehensive planning of compensation planning cycles and also covers all the related workflow issues. Businesses are given the freedom of using their current Excel compensation worksheets for new configuration. The software also offers complete visibility into crucial business processes and secure data access. It eliminates the need of manual data entry and automates business rules force compliance. The errors associated with manual work during the copying, inspecting, and consolidating of workbooks are overcome.

CompensationXL offers ad hoc reporting along with automated of approval routing. It also offers integration with a variety of third party ERP and HRMS systems. Other important capabilities include custom pages, merit planning, short and long term incentives, and complex calculations etc.

Who are their main alternatives?

Popular alternatives to Compensationxl: Iconixx Merit, beqom EPM, Blueforce, Compease, PensionBenefitsXG, CuroComp Software, talentCOMP, HRsoft, Harvest HCM Compensation Management, Hinda Incentives. The full list of competitors can be found here.

What is the cost of Compensationxl?

The cost of license starts at $5,000 per year. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 4 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Compensationxl

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

Schedule a demo with Compensationxl and access 65 must ask questions for the vendor while watching Compensationxl in action.

List of categories

Accounting & Finance
Human Resources
Compensation Management

List of features

Data Import/Export
Basic Reports
Online Customer Support

Compensationxl Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Compensationxl
ITQlick rating
4.8/5
Score
85/100
Pricing
4/10
License pricing
$5,000 per year
Functionality
6
Compare
Iconixx
ITQlick rating
4.5/5
Score
90/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
4
beqom
ITQlick rating
3.5/5
Score
89/100
Pricing
3/10
License pricing
Pricing not available
Functionality
3
Review
Blueforce
ITQlick rating
4.1/5
Score
82/100
Pricing
2.4/10
License pricing
$309 per month
Functionality
18
Compease
ITQlick rating
4.9/5
Score
81/100
Pricing
2/10
License pricing
$2 per employee/month
Functionality
7
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.