[ beqom C... Reviews ](https://www.g2.com/products/beqom-compensation-management/reviews) [ beqom C... Reviews ](https://www.g2.com/products/beqom-compensation-management/reviews) # beqom Compensation Management Features ##### ## Platform (25) Customization Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. Integration APIs Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. Internationalization Enables users to view and transact business with the same content in multiple languages and currencies. User, Role, and Access Management Grant access to select data, features, objects, etc. based on the users, user role, and groups. Performance Is consistently available (uptime) and allows users to complete tasks reliably. Mobility Is accessible from a mobile device and by users on the go. Reporting Provides analytics tools that reveal important business metrics and track progress. Dashboards Creates dashboards to track information like open positions, current headcount, and recruiting pipeline. CRM Integration CRM integration is flexible and easy to maintain Financial Integration Financial System integration is flexible and easy to maintain HCM/HRIS Integration HCM/HRIS integration is flexible and easy to maintain Customization System provide sufficient customization to meet business requirements APIs System provide well documented API's that can be used to integrate to 3rd party systems Internationalization System support multiple currencies and languages to enable business in multiple countries Performance and Reliability System is consistently available (uptime) and system's speed is don't impact productivity Reward Structuring Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base pay, bonuses, and equity. Structure compensation pools and hierarchies for continual planning. Event Management Coordinate new hire, transfer, promotion, and termination events within the system using rules to automatically facilitate the associated compensation adjustments. Workflow Automation Streamline the flow of work processes by establishing triggers and alerts that notify and route information to the appropriate people when their action is required within the compensation process. Compensation History Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making. Automated Compliance Maintain compliance with corporate policies, state mandates, and federal regulations regarding compensation with built in compliance features, including automated identification and flagging of unapproved behaviors. Performance Management Integration Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures. Embedded Analytics View budgetory allocations across the organization, compensation information related to individual employees or departments, and underlying compensation trends in analytics dashboards embedded in the system. Reporting Capabilities Create standard and ad-hoc reports of compensation data within the system. Trends and other graphical representations of data displayed by analytics dashboards can be included in reports. Compensation Data Management Easily import data into or export data from the system, and access employee compensation data quickly within the system. Create compensation hierarchies so that managers can access relevant team information. Internationalization Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system. Show More ##### ## Sales Rep Portal (6) Commission Estimator Functionality for Salesperson to Calculate expected commission on a deal based on adjusting pricing and terms of deal. Dispute Management Method to manage and resolve varialble compensation disputes/descreptancies Compensation Statements Method for a salesrep to see breakdown of variable and base compensation payments that have been made. Plan Documents and Agreements Features that enable Sales rep to view details of compensation agreements Individual and Team Performance Reports Salespersons can view reports/dashboards that easily depict where they are at in their plan as well as other team members and their team as a whole. Mobile User Support System supports users that want to access system data and fuctionalyt from a mobile devide (phone and/or tablet) Show More ##### ## Management Portal (7) Sales Org Performance Reports Provides reporting functionality that allows managment to determine how the sales organization is performing across divisions Monitor Sales Rep Performance Provides reporting functionality that allows managment to monitor a salesperson performance as well as rank sales representatives Territory Assignments/Management Allows Sales Management to adjust territorities by geography, product, org structure, etc as required. Quota Assignments/Management Allows Sales Management to adjust quotas by sales rep, geography, product, org structure, etc as required. Commission splits and overrides Sales manaagement can override/adjust Compensation and split commission manually Workflow and Approvals Functionality to approve compensation statements or other processes that require approval relating to sales compensation Budgeting Features to model and roll up budgets Show More ##### ## Administration (6) Adjustments/Dispute Resolution Functionality that allows admins to adjust and manage compensation disputes Comp Modeling - Ease of Admin Creating compensation calculations/credit allocation rules is easy to admin and can be done without a technical resource Comp Modeling - Design Flexibility Can create the compensation calcuations/credit allocation rules required to support business rules sales management desires Comp Statement Calculation and Distribution Easily creates compensation statements and distributes them to sales team Reports and Dashboards Reporting functionality is effective in helping run business. Adminstration of reports is easy to maintain and flexible enough to meet business needs Sales Hierarchy Management Manages changes to sales organization easily Show More ##### ## Incentives (4) Badges Assigns achievement badges to high-performing employees based on pre-determined standards. Triggers Automatically recognizes achievements that should be added to the leaderboard. Commission Calculator Helps users determine sales goals by calculating potential commission rates. Leaderboards Highlights top-performing employees to publicly reward their achievements. Show More ##### ## Personalization (4) Profiles Creates user profiles similar to social media pages that display private or public statuses and updates. Custom Reports Generates reports with customizable fields to further understand employee performance. Dashboards Visualizes individual and team insights such as new leads and outbound calls. Goal Setting Allows teams to set trackable goals within the tool. Show More ##### ## Administrative (3) Integration Integrates with CRM and financial systems to help determine goals Employee Structure Organizes team members by roles, activities and objectives and weighs tasks by importance. Behavior Monitoring Allows managers and administrators to peruse profiles and monitor employee behavior and performance. Show More ##### ## Platform Basics (3) Performance Benchmarking Compare survey results to industry benchmarks to locate key areas for improvement. Evaluate survey results at either a high-level or individual employee level. Reporting & Dashboards Survey results can be visualized and reported on in real time, with manager dashboards and automated reporting tools. Reports can be customized and distributed to aid in organizational improvement and employee performance reviews. Interoperability Connects to external systems and applications as needed to complete team workflows. Show More ##### ## Platform Content (4) Employee Pulse Surveys Distribute short, customizable culture-focused surveys or polls to employees to measure the various factors of employee engagement, including job, environment, and pay satisfaction. Survey Customization Customize various components of surveys, including individual questions, distribution frequency, audience size, and anonymity. Goal and Challenge Creation Set professional and personal goals with customizable due dates and milestones within the system. Share these goals with other users and track and measure performance using built in tools. Science-based templates Provides content templates built by academics and/or practitioners and leverage science and research. Show More ##### ## Platform Additional Functionality (4) Employee Segmenting Segment employees according to factors such as location, demographics, and position. Distribute surveys and filter survey results according to employee segments. Goal and Challenge Creation Set professional and personal goals with customizable due dates and milestones within the system. Share these goals with other users and track and measure performance using built in tools. Peer Recognition Send and receive recognition in the form of digital badges, awards, or messages to colleagues, employees, and managers. Recognition is displayed in real time in the platform on a live activity feed. Social Feedback Portal Communicate with team members and managers through a built-in customizable web portal. Users can communicate 1 on 1 with each other, and can ask questions, share frustrations, and make suggestions with varying degrees of anonymity. Show More ##### ## Performance reviews (3) 360 Reviews Facilitates 360-degree feedback between managers, employees, and peers. Customizable Forms Provides customizable employee review forms and questions. Review Status Tracking Tracks completion status of employee reviews. Show More ##### ## Goals (2) Goal-Setting Facilitates goal-setting for individual employees and tracks progress toward goals. Company Goals And OKRs Manages high-level company priorities or Objectives and Key Results (OKRs) and aligns them with employee goals. Show More ##### ## Feedback (4) Continuous Feedback Collects continuous feedback for employees; facilitates recording and storage of ongoing notes about each individual’s performance. Requesting Feedback Allows employees or managers to request feedback from other employees. 1-On-1 Meetings Facilitates check-ins or 1-on-1 meetings between managers and employees, including managing agendas, action items, or notes. Public Praise Provides a forum for employees or managers to deliver public praise for exceptional employee performance. Show More ##### ## Data (2) Dashboards And Reports Generates in-depth visual dashboards and reports based on employee performance data. Historical Data Retains historical performance review data or integrates with third-party applications where historical data can be maintained. Show More ##### ## Basic Features (2) High level regression analysis Compares cohorts with complex, customizable logic for deeper analysis. Dashboard Contains customizable dashboard enabling users to visualize pay gaps. Show More ##### ## Risk Mitigation (4) Budgeting Forecasts potential budgets necessary to remediate pay inequities. Legislation Tracks legislative updates and provides reporting necessary for local, regional, or international government authorities. Regression analysis Facilitates the creation of a step-by-step action plan to correct potential legal breeches, mitigate risk, and provide DEI training to employees. Reporting Prepares reporting for EEO-1, ACA compliance, OFCCP, and other industry audits. Show More ##### ## Analytics (2) Benchmarking Provides industry benchmarks and comparative reports. Retention Analyzes turnover and retention in relation to diversity intiatives. Show More ##### ## Benchmarking and Equity - Compensation Management (3) Benchmarking Data Displays and compares pay equity information, comparing the parity of pay across demographics. Pay Equity Comes with native pay equity module or capabilities. Salary Bands Facilitates organizing workers into salary bands and comparing or contrasting across different levels in the organization. Show More ##### ## Core Features - Salary Benchmarking Software (3) Dashboard Presents customizable compensation dashboards with data visualizations. Industry Benchmarking Sets compensation benchmarks based on data from industry competitors. Hierarchy Includes pay or crediting rules to organize salary structure into relevant hierarchy. Show More ##### ## Auditing - Salary Benchmarking Software (2) Reporting Enables users to create customized reports on compensation packages for auditing purposes. Accuracy Checks accuracy and transparency of data for auditing purposes. Show More ##### ## Advanced Features - Salary Benchmarking Software (5) Structure Includes pay rules to organize salary structure into relevant hierarchy. Offer Letter Automaticaly generates an offer letter or autofills an offer letter template containing appropriate salary and benefits details. Salary Survey Generates internal or external surveys for organizations to conduct indepedent salary reach when determing benchmarks. Equity Provides equity benchmarking for organizations that offer such benefits. AI Uses AI to project an appropriate salary based on job description or other datasets. Show More ##### ## Platform - Compensation Planning (6) Compensation Budgeting Structures compensation pools and pay brackets that include the pay rules to facilitate continual planning for the organization. Merit Cycle Planning Manages compensation for merit cycles and transparently shares payscales when employees are eligible for raises and bonuses. Pay Transparency Provides open access when it comes to company salary ranges, as well as displaying reasoning for salary decisions from management. Automated Compliance Maintains compliance with corporate policies, state mandates, and federal regulations regarding compensation with builtin compliance features, including automated identification and flagging of unapproved behaviors. Reward Structuring Defines the various components of compensation packages, allowance plans, base pay, bonuses, and equity. Compensation History Accesses employee compensation history and talent records when evaluating compensation planning strategies. Show More ##### ## Additional Features - Compensation Planning (3) Reporting Capabilities Creates standard reports on compensation data from the company, as well as graphical representations of data displayed by analytics dashboards. Workflow Automation Streamlines compensation planning processes by establishing triggers and alerts that automatically notify users when their input is required. Integrations Intergrates with other pay tools such as compensation management, salary and benchmarking, and pay equity software - as well as other HR solutions. Show More ##### ## Agentic AI - Performance Management (2) Multi-step Planning Ability to break down and plan multi-step processes Natural Language Interaction Engages in human-like conversation for task delegation Show More ##### ## Agentic AI - Sales Compensation (1) Natural Language Interaction Engages in human-like conversation for task delegation Show More ##### ## Agentic AI - Sales Performance Management (3) Autonomous Task Execution Capability to perform complex tasks without constant human input Natural Language Interaction Engages in human-like conversation for task delegation Proactive Assistance Anticipates needs and offers suggestions without prompting Show More ## Top-Rated Alternatives [ ![Payfactors](https://images.g2crowd.com/uploads/product/hd_favicon/7c6eecd9e33c8c48e4bd338c26cbe08f/payfactors.svg "Payfactors") Payfactors 4.3/5 (708) ](https://www.g2.com/products/payfactors/reviews) [ ![SAP SuccessFactors HCM](https://images.g2crowd.com/uploads/product/hd_favicon/edf2d15ffc689390deffd10a34a9fc03/sap-sap-successfactors-hcm.svg "SAP SuccessFactors HCM") SAP SuccessFactors HCM 4.1/5 (1,472) ](https://www.g2.com/products/sap-sap-successfactors-hcm/reviews) [ ![UKG Pro](https://images.g2crowd.com/uploads/product/hd_favicon/b835aef8b35fc2846401a2836372f785/ukg-pro.svg "UKG Pro") UKG Pro 4.3/5 (2,152) ](https://www.g2.com/products/ukg-pro/reviews) [ View All Alternatives ](https://www.g2.com/products/beqom-compensation-management/competitors/alternatives) ## Technology Glossary Features View full feature definition View definitions of the features and discover new technology terms. [View Glossary](/glossary) [Compensation Statements](/glossary/compensation-statements) Compensation statements outline an employee’s compensation history, including all employer-provided benefits and rewards, throughout the fiscal year. Learn more about the elements included in a compensation statement and why it’s important to create one. [Peer Recognition](/glossary/peer-recognition) Peer recognition is how colleagues express appreciation to one another. Learn more about the benefits of a peer recognition program and its best practices. [Compensation History](/glossary/compensation-history) Compensation history is the private information that some companies may choose to ask candidates for during the interview process. Learn about states where asking salary history is banned, the benefits of having this data, and more. beqom Compensation Management Comparisons ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_f66c8017520b5b045a45f334e06f187a/sap-sap-successfactors-hcm.jpg "Product Avatar Image") SAP SuccessFactors HCM 4.1/5 (1,656) [ Compare Now ](https://www.g2.com/compare/sap-sap-successfactors-hcm-vs-beqom-compensation-management) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_f2d648e45e7d77a8df2672dc734924f8/payfactors.png "Product Avatar Image") Payfactors 4.3/5 (716) [ Compare Now ](https://www.g2.com/compare/payfactors-vs-beqom-compensation-management) ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/small_square/small_square_8395387ee44810a236a1b25a8f94b413/workday-hcm.png "Product Avatar Image") Workday HCM 4.1/5 (1,676) [ Compare Now ](https://www.g2.com/compare/workday-hcm-vs-beqom-compensation-management) ##### Categories on G2 [ Employee Engagement ](https://www.g2.com/categories/employee-engagement)[ Sales Performance Management ](https://www.g2.com/categories/sales-performance-management)[ Performance Management ](https://www.g2.com/categories/performance-management) [ Compensation Planning ](https://www.g2.com/categories/compensation-planning)[ Compensation Management ](https://www.g2.com/categories/compensation-management)[ Sales Compensation ](https://www.g2.com/categories/sales-compensation)[ Pay Equity ](https://www.g2.com/categories/pay-equity)[ Salary Benchmarking ](https://www.g2.com/categories/salary-benchmarking) Show More ##### Explore More [ What is the top-rated IT alerting software for enterprises? ](https://www.g2.com/discussions/what-is-the-top-rated-it-alerting-software-for-enterprises)[ Top tools for tracking HR performance metrics ](https://www.g2.com/discussions/what-are-the-top-tools-for-tracking-hr-performance-metrics)[ Which sales performance software is most user-friendly ](https://www.g2.com/discussions/which-sales-performance-software-is-most-user-friendly) [ Top-rated compensation management apps ](https://www.g2.com/discussions/what-are-the-top-rated-compensation-management-tools)[ How does Trintech leverage AI for reconciliation? ](https://www.g2.com/discussions/how-does-trintech-leverage-ai-for-reconciliation)[ Are there APIs or webhooks available for integrating SaaS management data with other IT systems (e.g., SIEM, ITSM, HRIS)? ](https://www.g2.com/discussions/are-there-apis-or-webhooks-available-for-integrating-saas-management-data-with-other-it-systems-e-g-siem-itsm-hris) Show More [ What is the top-rated IT alerting software for enterprises? ](https://www.g2.com/discussions/what-is-the-top-rated-it-alerting-software-for-enterprises)[ Top tools for tracking HR performance metrics ](https://www.g2.com/discussions/what-are-the-top-tools-for-tracking-hr-performance-metrics)[ Which sales performance software is most user-friendly ](https://www.g2.com/discussions/which-sales-performance-software-is-most-user-friendly) [ Top-rated compensation management apps ](https://www.g2.com/discussions/what-are-the-top-rated-compensation-management-tools)[ How does Trintech leverage AI for reconciliation? ](https://www.g2.com/discussions/how-does-trintech-leverage-ai-for-reconciliation)[ Are there APIs or webhooks available for integrating SaaS management data with other IT systems (e.g., SIEM, ITSM, HRIS)? ](https://www.g2.com/discussions/are-there-apis-or-webhooks-available-for-integrating-saas-management-data-with-other-it-systems-e-g-siem-itsm-hris)