CandorIQ Features

Ensures data is aligned and consistent across databases in departments like accounting, payroll, and recruiting

Provides overview of planning and prediction for current and future employee headcount

Outputs reports on headcount and budgeting analytics

Calculates outputs for budgeting and predicting expenses related to base compensation like salary and benefits

Offers integration with numerous adjacent HR and ERP software solutions like accounting, workforce management, CPM, HR analytics, org charts, and ATS

Provides overview of salaray ranges in relation to job levels

Offers the ability to rearrange company hierarchy and employee details in a chart format

Onboarding and offboarding procedures are automated to streamline approval processes for stakeholders

Structures compensation pools and pay brackets that include the pay rules to facilitate continual planning for the organization.

Manages compensation for merit cycles and transparently shares payscales when employees are eligible for raises and bonuses.

Provides open access when it comes to company salary ranges, as well as displaying reasoning for salary decisions from management.

Maintains compliance with corporate policies, state mandates, and federal regulations regarding compensation with builtin compliance features, including automated identification and flagging of unapproved behaviors.

Defines the various components of compensation packages, allowance plans, base pay, bonuses, and equity.

Accesses employee compensation history and talent records when evaluating compensation planning strategies.

Planning, tracking and developing internal talent for future key position filling

Budgets, benchmarks and tracks all salary processes and associated costs

Creates standard reports on compensation data from the company, as well as graphical representations of data displayed by analytics dashboards.

Streamlines compensation planning processes by establishing triggers and alerts that automatically notify users when their input is required.

Intergrates with other pay tools such as compensation management, salary and benchmarking, and pay equity software - as well as other HR solutions.

Manage the process of evaluating documents or requests submitted for approval

Compare new data with existing records to detect duplicate entries

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Alter the layout and content of reports

Set & manage permission levels based on user roles and restrict access to only authorized individuals

Process of familiarizing new employees with the company, their position, and responsibilities

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Import and export data to and from software applications

Timed notification for any upcoming task, deadline, appointment, or activity

Pre-designed layouts that can be customized to match preferences and requirements

Create employee benefits statements that include all package details, including base salary, rewards, incentives, and other benefits

Establish measurable goals and objectives and track their progress over a specific period of time

Match digital receipt images or data with corresponding expense entries

Diagram that shows the structure of an organization and the relationships between parts

Collect & analyze data from multiple sources to get insights into competing products, customer behavior, pricing & marketing strategies

Builds a system of recognition and rewards to encourage employee performance and link outcomes to business needs

Online portal where employees can access and track their own information

Performs calculations and analyzes how salary and equity should be awarded to employees across locations, performance levels

Electronic storage of staff/employee contact information and job status in a centralized repository

A record of all activities within the system, including user access, changes made, etc.