Compport Reviews & Pricing

by Compport IT Solutions | Founded 2018, Singapore, SG

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What is Compport?

Industry Specialties: Serves all industries.

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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User Sentiment

Based on 73 reviews:

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Compport Pricing

Based on our most recent analysis, Compport pricing starts at $5,000 (Annually).

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Starting From: $5,000
Pricing Model: Annually
Free Trial: No

Training Resources

Compport is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Compport:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Compport Benefits and Insights

Why use Compport?

Key differentiators & advantages of Compport

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.

Industry Expertise

Compport is a compensation management software that helps businesses manage their compensation programs. It is best suited for businesses of all sizes that need to track and manage employee compensation. Compport offers a variety of features, including salary planning, performance management, and compliance tracking. It also integrates with other HR systems, such as payroll and benefits. Compport is a cloud-based software, so it can be accessed from anywhere with an internet connection. It is also available on mobile devices. Compport is a good choice for businesses that are looking for a comprehensive compensation management solution.

Compport Reviews

Average customer reviews & user sentiment summary for Compport:

73 reviews

96%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Compport reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

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.

Cons

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.

Researcher's Summary:

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.

Key Features

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.

Limitations

At the time of this review, these are the limitations according to user feedback:

Some users want more language options.
Presentation, especially the user interface, needs improvement.
Support is slow to respond and lacks efficient communication.
Lacks certain data integration opportunities, such as between salary and variable payment plans.