PayScale vs Xactly Incent

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Our analysts compared PayScale 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

PayScale is a management tool that helps employers and employees understand what the right pay for a specific position should be. It provides a unique matching algorithm. It offers inclusions and resources to meet the unique needs of every business. Resources for unique roles are also available for professionals, employees, executives, HR leaders and people managers.

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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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24/7 Live Support
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Product Insights

  • Enhanced Compensation Planning: PayScale facilitates data-driven compensation planning, enabling organizations to develop competitive and equitable pay structures.
  • Improved Employee Retention: By ensuring fair and competitive compensation, organizations can foster higher employee satisfaction and reduce turnover rates.
  • Streamlined Performance Management: PayScale's tools help align employee performance with compensation, promoting a culture of meritocracy and accountability.
  • Data-Driven Decision Making: Access to comprehensive compensation data empowers HR professionals and leaders to make informed decisions regarding pay, benefits, and rewards.
  • Increased Transparency: PayScale promotes transparency in compensation practices, fostering trust and open communication between employers and employees.
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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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  • Advanced Search: Filter search results based on job title, company, degree, certification, skill, industry or school and get detailed information through salary research. 
  • Development Resources: Calculate cost of living in different cities, find out the right pay for a role using the career path planner and negotiate for better pay using articles from career and finance experts. 
  • Market Match: Generate compensation reports through the Market Match algorithm. Discover factors affecting the compensation for a role, and find the right match for a specific role using report data. 
  • Data Collection: Collect important data insights and reports using salary comparisons for people with similar skill sets and work experience. Explore how certain factors such as moving to a different place, promotion, learning and more can affect compensation. 
  • Data Standardization: Maintain data point consistency and accuracy and standardize data by comparing compensation data with external sources. The data is strongly correlated with other external sources. Describe and allocate price positions, defining type, size of the organization and skills required for the position. 
  • Reporting and Analysis: Get access to extensive analytics about an organization. Keep track of salary records and see if employee compensation matches market standards, adjust salaries, identify and avoid flight risks, and prepare compensation statements and reports. 
  • API and Data Licensing: Access global compensation data, including the world's largest database with 55 million profiles via an API.
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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

#9

among all
Compensation Management Software

#57

among all
Compensation Management Software

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Analyst Rating Summary

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89
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Rewards and Recognition
Dashboard and Reporting
Mobile Capabilities
Platform and Security Capabilities
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

PayScale
Xactly Incent
+ 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 74 81 89 88 86 100 76 78 64 0 80 41 78 13 64 44 0 25 50 75 100
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17%
we're gathering data
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

38%
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User Sentiment Summary

Great User Sentiment 201 reviews
Great User Sentiment 914 reviews
85%
of users recommend this product

PayScale has a 'great' User Satisfaction Rating of 85% when considering 201 user reviews from 3 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.

4.3 (153)
4.2 (215)
4.0 (25)
4.2 (232)
n/a
4.5 (185)
4.3 (23)
4.1 (282)

Awards

SelectHub research analysts have evaluated PayScale and concluded it earns best-in-class honors for Mobile Capabilities and Rewards and Recognition.

Mobile Capabilities Award
Rewards and Recognition Award

we're gathering data

Synopsis of User Ratings and Reviews

Compensation Data and Insights: PayScale provides users with up-to-date and reliable compensation data, including salary ranges, benefits information, and market trends for various job roles and industries. This data helps organizations make informed decisions about employee compensation, ensuring they remain competitive in the market.
Compensation Benchmarking: PayScale's platform allows users to benchmark their compensation packages against industry standards and competitors. This feature helps organizations identify any gaps in their compensation structure and make necessary adjustments to attract and retain top talent.
Salary Negotiation Tools: PayScale offers tools and resources to assist both employers and employees in salary negotiations. These tools provide valuable insights into market rates and help ensure fair and competitive compensation packages.
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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: PayScale's compensation management tools may not offer the level of customization required by larger organizations or those with complex compensation structures. For instance, it might be challenging to incorporate nuanced compensation elements like regional variations or industry-specific benchmarks.
Data Accuracy Concerns: The accuracy of PayScale's data has been questioned by some users, particularly for niche roles or specialized industries. This is because the platform relies heavily on self-reported data, which can be subject to biases and inaccuracies.
Usability Challenges: Some users find PayScale's interface to be less intuitive and more cumbersome compared to other compensation management platforms. Navigating through the platform and accessing specific features can sometimes be a bit clunky, impacting overall user experience.
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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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PayScale has garnered positive feedback for its comprehensive compensation data and user-friendly interface, making it a valuable tool for organizations seeking reliable market insights. Users appreciate the platform's ability to provide detailed salary reports, allowing them to benchmark employee compensation against industry standards and ensure competitive pay practices. The platform's intuitive design and ease of use have also been commended, enabling HR professionals to efficiently navigate the system and access relevant information. However, some users have noted that PayScale's data may not always be as granular or specific as desired, particularly for niche industries or specialized roles. Additionally, the platform's pricing structure has been a point of contention for some smaller organizations, as the cost can be prohibitive depending on their size and needs. Compared to similar products, PayScale stands out for its extensive database and focus on compensation data. While other HR software solutions may offer broader functionality encompassing various aspects of human capital management, PayScale's specialization in compensation analytics provides a distinct advantage for organizations prioritizing accurate and up-to-date salary information. This focus allows PayScale to deliver in-depth market insights and benchmarking capabilities that are crucial for attracting and retaining top talent. Consequently, PayScale is particularly well-suited for mid-sized to large organizations with complex compensation structures and a need for reliable market data to inform their compensation strategies. The platform's robust features and comprehensive data sets empower HR teams to make data-driven decisions regarding employee compensation, ensuring both internal equity and external competitiveness.

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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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Xactly Incent

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