CompTrak vs Compport

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Our analysts compared CompTrak vs Compport 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.

Product Basics

CompTrack helps HR administrators and managers oversee every aspect of their compensation process from end to end. Eliminate the need for paper spreadsheets and keep all data and documents in one central, digital location. Streamline workflow and facilitate efficient communication between all stakeholders. Customize dashboards, statements and guidelines to suit the specific needs of the company, department or individual.

Automate tasks to increase efficiency, eliminate errors and allow managers to focus on more critical projects. All stakeholders can access the cloud-based solution via a computer or compatible mobile device from anywhere in the world. Suitable for organizations of all sizes and scalable to fit the demands of a growing company.
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Compport is a cloud-based SaaS platform that optimizes the workflow of HR professionals and managers by automating daily tasks and storing all compensation data in one location. The completely modular design allows for customized payment plans and dashboard views to fit the company's unique needs. Access via a computer or a compatible mobile device.

Analyze and compare packages to monitor budgets, find equity gaps and create a strategy to ensure fair payment. Utilize internal analytics surveys and employee feedback to discover turnover and performance trends and support retainment. Incorporates multiple language options and screens for users around the world.
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$500 Monthly, Quote-based
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$5,000 Annually
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Product Assistance

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24/7 Live Support
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24/7 Live Support

Product Insights

  • Enhanced Accuracy: Reduces errors in compensation calculations by automating complex processes, ensuring precise payouts.
  • Time Efficiency: Streamlines administrative tasks, freeing up HR professionals to focus on strategic initiatives rather than manual data entry.
  • Data-Driven Decisions: Provides comprehensive analytics and reporting tools, enabling informed decision-making based on real-time data.
  • Compliance Assurance: Ensures adherence to regulatory requirements and company policies, minimizing the risk of legal issues.
  • Employee Satisfaction: Enhances transparency and fairness in compensation, leading to higher employee morale and retention rates.
  • Scalability: Adapts to the growing needs of your organization, whether you have 50 or 5,000 employees, without compromising performance.
  • Customizability: Offers flexible configuration options to tailor the system to your specific compensation structures and business rules.
  • Integration Capabilities: Seamlessly integrates with existing HR and payroll systems, ensuring a unified and efficient workflow.
  • Cost Savings: Reduces administrative overhead and potential financial losses from errors, contributing to overall cost efficiency.
  • Security: Employs robust security measures to protect sensitive compensation data, ensuring confidentiality and integrity.
  • Employee Empowerment: Provides self-service portals for employees to view their compensation details, fostering a sense of ownership and trust.
  • Performance Alignment: Links compensation to performance metrics, promoting a culture of meritocracy and motivating employees to excel.
  • Global Reach: Supports multi-currency and multi-language functionalities, making it suitable for multinational organizations.
  • Audit Trail: Maintains detailed records of all compensation-related activities, facilitating easy audits and accountability.
  • Real-Time Updates: Offers instant updates and notifications, keeping all stakeholders informed and aligned with the latest compensation changes.
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  • Streamline Compensation Processes: Compport automates manual tasks like data entry, calculations, and approvals, saving you time and effort. This allows you to focus on strategic initiatives and ensure accurate, consistent compensation decisions.
  • Gain Data-Driven Insights: Compport provides comprehensive reporting and analytics tools that help you analyze compensation trends, identify potential issues, and make informed decisions based on real-time data. You can track key metrics like salary distribution, pay equity, and employee performance to optimize your compensation strategy.
  • Improve Employee Satisfaction: Compport helps you create a fair and transparent compensation system that rewards employees for their contributions and motivates them to perform at their best. This can lead to increased employee satisfaction, engagement, and retention.
  • Reduce Compliance Risks: Compport ensures compliance with complex compensation regulations and legal requirements. It helps you avoid costly mistakes and penalties by automating compliance checks and providing auditable records.
  • Boost ROI: Compport's efficient and data-driven approach to compensation management can lead to significant cost savings and improved return on investment. By optimizing your compensation strategy, you can attract and retain top talent, improve employee performance, and drive business growth.
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  • Compensation Management: Manage and simplify all aspects of the compensation cycle. Utilize multiple reward types, such as salary, bonus, commission, merit and long-term incentives across multiple years, equity and deferral programs. Create specific guidelines and goals for individual employees. Ensure all allocations are equitable and free of bias. Automate tasks and data collection to optimize the workflow. 
    • Scenario Modeling: Utilize the scenario modeling module to review, analyze and simulate allocations. Manage multiple types of bonus payment plans, such as discretionary, formulaic or performance-based. 
    • Promotions Management: Oversee the entire promotions process from nominations to approval and notification. Customize eligibility requirements to ensure only qualified employees are nominated. Send personalized communications to successful candidates. 
    • Historical Tracking: Automatically generate an audit log tracking changes or updates to the compensation process. 
  • Performance Management: Create and assign goals and objectives at the corporate, team or individual level. Produce comprehensive statements to illustrate how an individual’s performance impacts them, the department and the company. Keep employees informed and engaged throughout the year with milestone and goal updates. Utilize self-assessments to aid evaluation of employee and manager performance. 
  • Statement Generation: Generate dynamic, interactive total rewards statements to show employees the value of their complete compensation package and which specific awards their eligible to receive. Employees can access statements online securely, with single sign-on via ADFS. Ensure reports are only accessible to authorized persons by configuring roles and groups. Export statements as PDFs with company marketing. 
  • Customizable Dashboards: All key stakeholders have access to customizable dashboards with real-time data, like pool allocation and totals, to get a holistic view of the compensation plan and make informed business decisions. Tailor dashboards to display only the information valuable to the individual user. Set alerts for pending requests, recommendations, approvals and deadlines. 
  • Global Capabilities: Manage workforces across the globe using multiple languages, currencies, exchanges and real-time FX rates. Set governance and audit requirements based on regional laws and regulations. 
  • Third-party Integration: Integrate with legacy or preferred third-party platforms to automatically pull data from core HRIS or performance management systems. 
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  • Compensation Management: Oversee and manage all aspects of the compensation process, including salaries, bonuses, promotions, merit increases, long-term incentives, stock and other payment plans. Create custom plans and guidelines to fit the needs of the business. Managers can view real-time analytics and monitor available total rewards pools and awards allocated. 
    • Automation Tools: Reduce time spent performing suboptimal manual tasks and human error with automated annual or ad hoc salary reviews and merit, promotion and pay equity processes. 
    • Customized HR Dashboards: Managers and HR staff can view real-time data to make informed decisions, like budget allocations, spending, pending approvals, recommendations and pay equity analysis. Administrators can customize dashboards to show only the necessary information, reducing confusion. 
  • Performance Management: Automatically generate salary structures and offers to speed up the acquisition of desirable candidates. Track and replicate previous successful offers. Employees can participate in surveys regarding compensation plans, awards and processes. Use employee feedback to create more effective incentives and smoother daily operations. 
  • Pay Equity Tools: Customizable pay equity dashboards display real-time payment data and employee performance. Set alerts for pay gaps and possible conscious or unconscious bias. Simulate budgets to predict the necessary remediation funding. Generate reports to illustrate legal compliance and adherence to DIEB initiatives. 
  • Letter Generation: Produce total rewards statements and compensation letters to present to employees to show their worth and illustrate links between their and the company’s performance. Managers can time the release of statements and letters. 
  • Scenario Planning Engine: Leverage the Compensation Modeling Engine to predict how possible scenarios will impact budgets, pay equity, accruals and more. Compare and contrast how changes to plans and guidelines will affect compensation. 
  • Analytics Tools: Use one location to monitor headcount, turnover and performance trends. Discover patterns and implement operational changes to increase retention. Automated analytics tools instantly predict or find pay equity gaps to ensure fair distribution of rewards. 
  • Third-party Integration: Integrate with existing third-party HR and financial systems and pull data from multiple sources. 
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Product Ranking

#70

among all
Compensation Management Software

#79

among all
Compensation Management Software

Find out who the leaders are

Analyst Rating Summary

72
81
70
63
38
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78
76
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Platform and Security Capabilities
Platform and Security Capabilities
Integrations and Extensibility
Salary and Pay Structure Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

CompTrak
Compport
+ Add Product + Add Product
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 70 38 78 71 91 38 77 78 63 63 76 58 98 75 88 78 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

63%
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37%
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User Sentiment Summary

Excellent User Sentiment 10 reviews
Excellent User Sentiment 73 reviews
94%
of users recommend this product

CompTrak has a 'excellent' User Satisfaction Rating of 94% when considering 10 user reviews from 1 recognized software review sites.

96%
of users recommend this product

Compport has a 'excellent' User Satisfaction Rating of 96% when considering 73 user reviews from 3 recognized software review sites.

n/a
4.8 (56)
4.7 (10)
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4.8 (16)
n/a
5.0 (1)

Awards

CompTrak stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

SelectHub research analysts have evaluated Compport and concluded it earns best-in-class honors for Platform and Security Capabilities and Integrations and Extensibility. Compport stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform and Security Capabilities Award
Integrations and Extensibility Award

Synopsis of User Ratings and Reviews

Intuitive Interface: Users praise CompTrak for its user-friendly design, making it easy to navigate and find the information they need. Many highlight its straightforward layout and logical flow.
Robust Reporting: CompTrak's reporting capabilities are a major plus for users. They appreciate the ability to generate a wide range of reports, including salary surveys and compensation analyses, with customizable options to tailor the data to their specific needs.
Efficient Performance Management: CompTrak streamlines the performance review process, allowing users to easily track employee goals, provide feedback, and manage compensation adjustments based on performance. This feature is particularly valuable for organizations focused on performance-based rewards.
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Streamlined Compensation Planning: Compport simplifies the often intricate process of compensation planning, enabling HR teams to efficiently manage salary adjustments, bonuses, and stock options. The platform's automation capabilities reduce manual tasks, saving time and minimizing errors.
Enhanced Performance Management: Compport facilitates a seamless connection between performance reviews and compensation decisions. By integrating performance data, the software empowers managers to make data-driven compensation adjustments that align with employee contributions and company goals.
Improved Employee Engagement: Compport promotes transparency and fairness in compensation practices. Employees gain visibility into their compensation structure and how it relates to their performance, fostering trust and motivation within the workforce.
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Difficult to Use: Users have reported that the software can be difficult to navigate and use, especially for those who are not familiar with compensation management software.
Limited Functionality: Some users have expressed that CompTrak lacks certain features and functionalities that are commonly found in other compensation management software, limiting its ability to meet all their needs.
Poor Customer Support: There have been complaints about the quality of customer support provided by CompTrak, with users experiencing delays or unhelpful responses when seeking assistance.
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Limited Customization: While Compport offers some configurable options, users report feeling restricted in tailoring the platform to their specific needs. For example, the lack of custom fields and limited reporting capabilities can hinder data analysis and insights generation.
Integration Challenges: Integrating Compport with existing HR systems can be a complex and time-consuming process, requiring significant technical expertise. Users have reported encountering compatibility issues and data migration challenges.
Limited Support: User reviews suggest that Compport's customer support could be more responsive and comprehensive. Users have experienced delays in receiving answers to their queries and found the troubleshooting assistance inadequate.
Cost Concerns: While Compport offers different pricing plans, some users find the cost to be relatively high compared to competitors, especially for smaller businesses or those with limited budgets.
User Interface Issues: The Compport interface has been described as clunky and not as intuitive as other compensation management platforms. Users have reported experiencing difficulty navigating the platform and finding the information they need.
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Is CompTrak truly on the right track when it comes to compensation management? Recent user reviews suggest that CompTrak is a powerful tool for managing compensation, but it may not be the best fit for every organization. Users praise CompTrak for its robust features, particularly its ability to handle complex compensation plans and automate tasks like calculating bonuses and equity grants. This has allowed companies to streamline their compensation processes and reduce the risk of errors. However, some users have noted that CompTrak's user interface can be clunky and difficult to navigate, especially for new users. Additionally, some have expressed concerns about the level of customer support provided. Compared to competitors like Lattice, which integrates performance management with compensation, CompTrak focuses primarily on compensation management. This makes it a good choice for organizations that need a dedicated tool for this purpose but may not be ideal for those seeking an all-in-one HR solution. Overall, CompTrak seems best suited for larger organizations with complex compensation needs and the technical expertise to navigate its interface. Smaller businesses or those looking for a more user-friendly platform might find other options more suitable.

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Over the past year, user reviews of Compport, the Compensation Management Software software, have been generally positive, with users highlighting its ease of use, comprehensive features, and robust analytics. Many users have found Compport to be a valuable tool for managing compensation data, conducting salary surveys, and making informed compensation decisions. One of the key strengths of Compport is its user-friendly interface. Users have consistently praised the software's intuitive design and simple navigation, making it easy for even non-technical users to manage their compensation data. Another major advantage of Compport is its comprehensive feature set, which includes tools for salary planning, budgeting, performance management, and more. Users have found these features to be essential for managing their compensation programs effectively. In terms of differentiating factors, Compport stands out for its robust analytics capabilities. The software provides users with a wide range of reports and dashboards that can be used to track compensation trends, identify pay disparities, and make data-driven decisions. Users have found these analytics to be invaluable for gaining insights into their compensation data and making informed adjustments to their programs. While Compport has received generally positive reviews, some users have noted a few potential weaknesses. One common complaint is that the software can be slow at times, especially when processing large amounts of data. Additionally, some users have found the reporting capabilities to be somewhat limited, particularly when compared to more advanced compensation management software solutions. Overall, Compport is a well-regarded Compensation Management Software software that offers a comprehensive suite of features and robust analytics capabilities. Its ease of use, user-friendly interface, and strong reporting features make it a valuable tool for organizations of all sizes. Compport is particularly well-suited for organizations that are looking for a comprehensive and easy-to-use compensation management solution. It is important to note that these user reviews are based on information that is up to a year old. As the software market is constantly evolving, it is always advisable to check the internet for the most up-to-date information on Compport and other similar products.

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