CompAnalyst vs Xactly Incent

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Our analysts compared CompAnalyst vs Xactly Incent based on data from our 400+ point analysis of Compensation Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Xactly Incent Software Tool

Product Basics

CompAnalyst by Salary.com is a SaaS solution that offers datasets and features to optimize compensation plans and decisions. It helps companies leverage data and in-depth insights on salaries and employee payroll. It enables administrators to make informed payment decisions, analyze pay practices and manage end-to-end compensation process requirements.

It automates compensation survey participation, creates presentation-ready reports and models salary structures that align with organizational goals.
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Xactly Incent is a revenue intelligence system that helps organizations plan and organise their revenue operations. It helps capture and track critical data to avoid errors and forecast inaccuracy. It has acquired TopOPPs and set a standard for artificial intelligence. It helps users take control of their data. It works in collaboration with Vista Equity partners for growth and innovation.

Its offerings are based on industry, needs and business size. It also offers strategic sales planning and revenue performance analytics besides incentives management.
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Product Assistance

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Product Insights

  • Make Informed Decisions: Make equitable pay decisions using historical data and real-time reports of individual employees and departments. Project cash and workforce requirements to make short and long-term policies. 
  • Attract the Best Talent: Leverage employee engagement and compensation planning tools to position the organization as a valuable workplace. Attract talent by offering competitive packages and retaining top performers. 
  • Boost Organizational Growth: Improve employee performance and satisfaction while boosting business performance with insight-based decisions and optimized compensation. 
  • Promote Employee Engagement: Keep employees engaged with defined, tangible goals and promotion policies. Effectively managed employee records enable employers to automatically identify and filter suitable opportunities for employees. 
  • Ensure Data Security: Eliminate employee resentment and productivity disruptions by keeping compensation data confidential. Cloud-based servers ensure data privacy at all times and prevent internal or external data leaks. 
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  • Increased Accuracy: Automates complex compensation calculations, reducing the risk of human error and ensuring precise payouts.
  • Enhanced Transparency: Provides clear visibility into compensation plans and performance metrics, fostering trust and motivation among employees.
  • Improved Compliance: Ensures adherence to regulatory requirements and internal policies, minimizing the risk of legal issues and fines.
  • Boosted Productivity: Streamlines administrative tasks, allowing sales and finance teams to focus on strategic activities rather than manual data entry.
  • Data-Driven Insights: Offers robust analytics and reporting tools to identify trends, optimize compensation plans, and drive better business decisions.
  • Scalability: Adapts to the growing needs of your organization, whether you are a small business or a large enterprise, without compromising performance.
  • Enhanced Employee Motivation: Aligns compensation with performance, incentivizing employees to achieve their targets and contribute to company goals.
  • Cost Efficiency: Reduces administrative overhead and errors, leading to significant cost savings over time.
  • Customizable Plans: Allows for the creation of tailored compensation plans that meet the unique needs of different roles and departments.
  • Real-Time Updates: Provides instant updates on performance and compensation, enabling timely adjustments and informed decision-making.
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  • Market Datasets: Access reliable HR-reported compensation datasets that include survey catalogs and minimum wage and market data. Helps reduce data gaps by combining jobs to match organizational requirements. Enables administrators to market higher price jobs and industry-specific vacancies. 
  • Survey Management: Offers a centralized compensation data source library for survey management, conduct and analysis. Automatically engage in surveys using one-click export to third-party survey templates. 
  • Equity: Conduct detailed analysis of internal pay equity with external market trends using insights. Identify and eliminate equity challenges, flight risks and relevant insights to optimize employee compensation. Includes merit modeling and pay equity analytics. 
  • Pay Framework: Create, edit and structure model salaries. Helps manage pay policies across divisions, departments and job families. Utilize existing structures from the library or market data to create new pay structures in three clicks. Tools include job range and salary structure wizard. 
  • Communication: Share crucial payment data in the form of presentation-ready reports and charts with business leaders, managers and other stakeholders in one click. Offers total compensation statements, analytics and a customizable dashboard. 
  • Recruiting: Leverage recruiting tools to attract and retain the best talent. Includes reporting, labor forecasting and competitive compensation capabilities. 
  • Services:  
    • Onboarding: Leverage personalized setup, training resources, pricing services, comprehensive matching and automated data loading to facilitate system onboarding. 
    • Consulting: Access expert consultation for strategic insights and utilize data-driven tools that help make informed decisions. 
    • Survey Participation: Dedicated compensation professionals help optimize survey selection, data loading, employee participation, analysis and reporting in a few clicks. 
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  • Automated: Integrate with other systems as needed and automate processes to be time-efficient and avoid errors. 
  • Collaborative: Improve collaboration between different operational teams, including sales ops, accounting and finance via an integrated solution for managing compensation and commission expenses. 
  • Decision-Making: Make informed decisions and align plans with business objectives based on in-depth data insights. 
  • Continuous Updates: Proactively monitor and continuously update the sales compensation plan to match with business needs. 
  • SimplyComp: Leverage the incentive management system for growing companies to implement commission and payout plans using industry best practices and templates. 
    • Scalable: Process large amounts of data in a single run to boost productivity. 
    • Spreadsheet Like: Use just like Excel spreadsheets for inputting data. 
    • Built-In Payment Templates: Leverage templates to create payment plans and reduce the time spent on them. 
    • Globalized: Work with currencies from across the world in SimplyComp that supports multiple languages, including English, French, German, Spanish and Italian. 
  • Commission Expense Accounting: Leverage the complete expense management system for the following: 
    • Dynamic True-Ups: Automate data updates whenever changes affect contract adjustment, employee status and more. Trigger automatic impairments for any changes such as start and end dates or the benefit period. 
    • Expansive Reporting Library: Leverage pre-built, automated reports and dashboards to gain a holistic view of commission expenses. 
    • Integrated Workflow and Process Management: Integrate with the existing infrastructure, including CRM, HRIS, CLM and CPQ systems. Manage any number of accounting books and interoperate with downstream accounting ledgers. 
    • Full and Modified Retrospective Approaches: Leverage the end-to-end solution to automate compliances. 
  • Operational Sales Management: Execute sales plans effectively and streamline processes by proactively monitoring people, territories, quotas and credits. Enable smooth collaboration across different departments and manage multiple workflows. Integrate with existing CRM and other enterprise applications to transfer and exchange data. Plan for revenue growth on an account-by-account basis. Develop and deploy top-down, bottom-up, hybrid and overlay planning. 
  • Benchmarking: Compare team performance with company and industry-wide metrics. Include incentive programs to boost performance. Leverage aggregated data and compare elements to identify trends such as role tenure and region. 
  • Sales Planning: Leverage the necessary tools required to plan out strategies. Access real-time dynamic dashboards for continuous optimizations of sales plans. Use AI to enhance decision-making and predict key metrics. 
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Product Ranking

#32

among all
Compensation Management Software

#57

among all
Compensation Management Software

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Analyst Rating Summary

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Dashboard and Reporting
Integrations and Extensibility
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

CompAnalyst
Xactly Incent
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Budgeting And Forecasting Compliances Dashboard And Reporting Mobile Capabilities Platform And Security Capabilities Rewards And Recognition Salary And Pay Structure Management Variable Compensation And Incentives Management 59 63 100 76 72 25 84 33 64 0 80 41 78 13 64 44 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

88%
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User Sentiment Summary

Great User Sentiment 12 reviews
Great User Sentiment 914 reviews
88%
of users recommend this product

CompAnalyst has a 'great' User Satisfaction Rating of 88% when considering 12 user reviews from 2 recognized software review sites.

85%
of users recommend this product

Xactly Incent has a 'great' User Satisfaction Rating of 85% when considering 914 user reviews from 4 recognized software review sites.

n/a
4.2 (215)
5.0 (2)
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4.2 (232)
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4.5 (185)
4.25 (10)
4.1 (282)

Awards

SelectHub research analysts have evaluated CompAnalyst and concluded it earns best-in-class honors for Dashboard and Reporting.

Dashboard and Reporting Award

we're gathering data

Synopsis of User Ratings and Reviews

Accurate Salary Data: Users appreciate CompAnalyst's up-to-date and reliable salary data, which helps them make informed decisions about compensation.
User-Friendly Interface: Many users find the platform easy to navigate and use, making it simple to find the information they need.
Comprehensive Reporting: CompAnalyst offers detailed reporting features that allow users to analyze compensation trends and make data-driven decisions.
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Intuitive Incentive Compensation Management: Users praise Xactly Incent for its user-friendly interface, which simplifies complex compensation plan design and administration. They appreciate the platform's ability to automate calculations, track performance, and generate detailed reports, streamlining the entire incentive compensation process.
Improved Data Accuracy and Transparency: Xactly Incent's centralized data management capabilities minimize errors and ensure data consistency. Users highlight the platform's ability to provide real-time visibility into compensation data, fostering trust and transparency between sales representatives and management.
Enhanced Sales Performance Motivation: Users report that Xactly Incent helps motivate sales teams by providing clear performance targets and timely, accurate payouts. The platform's gamification features, such as leaderboards and badges, further incentivize sales representatives to exceed their goals.
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Limited Customization: Users express frustration over the inflexibility of the platform, particularly when it comes to tailoring the software to their specific compensation processes.
Reporting Challenges: Extracting specific data or generating custom reports is reportedly cumbersome, limiting the ability to perform in-depth compensation analysis.
User Interface Issues: The user interface is considered by some to be outdated and not very intuitive, leading to a steeper learning curve and slower adoption by teams.
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Difficult to Use: Some users find the platform difficult to navigate and use, especially when trying to perform complex tasks or generate reports.
Limited Customization: Users have reported limited options for customizing the platform to their specific needs, which can be frustrating for businesses with unique compensation plans.
Technical Issues: Some users have experienced technical issues with the platform, such as slow loading times, system errors, and integration problems.
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While CompAnalyst offers a robust set of features, user reviews from the past year reveal mixed sentiments. Users generally appreciate the depth of its market data, particularly its extensive database for benchmarking executive compensation, which proves invaluable for organizations looking to attract top-tier talent. The platform's ability to automate compensation workflows, such as merit modeling, also receives praise for streamlining processes and reducing manual effort. However, some users find the software's interface less intuitive than competitors like Lattice or Pave, leading to a steeper learning curve. Additionally, while CompAnalyst integrates with payroll and HR systems, some users report that the integration process can be cumbersome and requires significant IT involvement. Overall, CompAnalyst appears best suited for larger organizations with complex compensation needs and dedicated resources for implementation and training. Smaller businesses with limited budgets and simpler requirements might find more user-friendly and cost-effective solutions elsewhere.

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Are you looking for a compensation management solution that will make you say "eXactly!"? Xactly Incent has garnered a reputation for its user-friendly interface and robust features, particularly its strength in handling complex commission structures. Users praise its ability to automate calculations, track performance, and generate detailed reports, freeing up valuable time for strategic tasks. This granular control and transparency are highly valued, as they empower businesses to make data-driven decisions and ensure fair compensation practices. However, some users have pointed out that the software's learning curve can be steep, especially for those unfamiliar with compensation management concepts. Additionally, while integrations with popular CRM platforms like Salesforce are available, some users have expressed a desire for broader third-party integrations. Xactly Incent's focus on incentive compensation makes it a perfect fit for businesses with sales-driven cultures, particularly those with complex commission structures. Its ability to accurately calculate and track incentives, coupled with its insightful reporting capabilities, allows businesses to effectively motivate their sales teams and drive revenue growth. However, businesses with simpler compensation needs or those prioritizing extensive third-party integrations might find other solutions more suitable.

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