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compensationxl.com

Compensation Software
Why not Automate Your Compensation Management Process?

CompensationXL is easy to use,  flexible enough to support your process, and it is affordable so it will fit in your budget.
Did you ever wonder why over 70% of corporations are using Excel to manage their compensation plans?
Excel provides unmatched budgeting and financial modeling capabilities, but fails to address many workflow issues related to executing the compensation planning cycles efficiently. CompensationXL is the only solution that will eliminate the tactical burden of administering the compensation cycle, and allow you to leverage your current Excel compensation worksheets as the basis of configuration. This will allow you to continue to support and embrace your unique strategy for competitive compensation planning without re-training your managers.

Typical Manual Process CompensationXL Enabled Process
  • Lack of process visibility
  • Unsecured excel files floating around
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  • Time consuming manual audit required
  • Complete process visibility
  • Secure excel files behind login/pass
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Key Benefits
  • Improved visibility and process controls
  • Quick Return on Investment 
  • 100% User Adoption
  • Fast Implementation
  • Scalable Solution for Growth
CompensationXL Empowers
  • Automates budget workbook creation, distribution, and rollup
  • Relies on foundation data from HRMS, eliminating duplicate data entry
  • Provides flexible workflow engine for distribution and approval routing
  • Supports your organization specific business logic with its business rules engine
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Managers
  • Familiar and easy to use interface
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  • Supports automatic updates from HRMS/HRIS into CompensationXL
  • Full Audit logs for tracking compliance
  • Configurable business rules to support common organizational changes
Request information, pricing, or demonstration
 
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