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CandorIQ Reviews & Product Details

Bryan W.
BW
Head of Human Resources
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

CandorIQ is a powerful tool that combines simplicity with depth. Its design is clean and user-friendly, making it easy to navigate while still covering all the essentials. The interface is intuitive and visually appealing, which enhances the user experience. Another standout feature is the support team, which provides exceptional “white glove” service, ensuring users feel supported every step of the way. The tool is also easy to set-up, making integration a breeze. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

CandorIQ is a new tool with a solid foundation, though some features are not yet available, such as detailed, downloadable reports. That said, the tool shows great potential, but there are areas where additional features would enhance its overall utility and effectiveness. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

CandorIQ is solving the challenge of understanding and evaluating past compensation practices by providing me with in-depth visibility into previous pay decisions, such as how compensation aligned with the market. This insight is incredibly valuable as it helps me identify patterns and areas for improvement. By analyzing historical data, I can refine and create a more strategic approach to compensation moving forward, ensuring our practices are fair, competitive, and aligned with organizational goals Review collected by and hosted on G2.com.

CandorIQ Overview

What is CandorIQ?

CandorIQ is the modern way to scale and manage your people spend. Through one easy, integrated platform, we automate and simplify headcount, pay strategy, and manage compensation for your workforce. Data-packed and expert-backed to help you hire and retain top talent. One platform for: 👥 Headcount Budgeting & Approvals 💲 Pay & Compensation Strategy 🤝 Managed Merit Cycles (in days vs months) 🌐 Global Benchmarking Data 📃 Hiring Candidates & Generating Offers

CandorIQ Details
Languages Supported
English
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Product Description

CandorIQ is the modern way to scale and manage your people spend. Through one easy, integrated platform, we automate and simplify headcount, pay strategy, and manage compensation for your workforce. Data-packed and expert-backed to help you hire and retain top talent. One platform for: 👥 Headcount Budgeting & Approvals 💲 Pay & Compensation Strategy 🤝 Managed Merit Cycles (in days vs months) 🌐 Global Benchmarking Data 📃 Hiring Candidates & Generating Offers


Seller Details
Seller
CandorIQ
Year Founded
2023
HQ Location
San Francisco, US
LinkedIn® Page
www.linkedin.com
21 employees on LinkedIn®

Haris I.
HI
Overview Provided by:

Recent CandorIQ Reviews

Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Great for small businesses, trusted data and good customer support"
CandorIQ has a really good price point for smaller businsses. The partnership that CandorIQ has with Mercer means that the data can be trusted and ...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Reasonably Priced Tool with an Engaged & Responsive Support Team"
When we surveyed the comp cycle platform landscape, Candor proved to be the most flexible for our complex comp needs, while also coming in at the m...
Bryan W.
BW
Bryan W.Mid-Market (51-1000 emp.)
5.0 out of 5
"Compensation Made Simple"
CandorIQ is a powerful tool that combines simplicity with depth. Its design is clean and user-friendly, making it easy to navigate while still cove...
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CandorIQ Media

CandorIQ Demo - Manage Headcount Budget & Approvals
Budget vs actuals, headcount planning & approvals. Collaboration between finance, talent, managers
CandorIQ Demo - Manage Compensation
Benchmark data, create paybands, manage merit cycles, communicate compensation to candidates and employees
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12 out of 13 Total Reviews for CandorIQ

4.8 out of 5
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12 out of 13 Total Reviews for CandorIQ
4.8 out of 5
12 out of 13 Total Reviews for CandorIQ
4.8 out of 5

CandorIQ Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for CandorIQQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Information Technology and Services
AI
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

CandorIQ has a really good price point for smaller businsses. The partnership that CandorIQ has with Mercer means that the data can be trusted and I like how the platform can be customised to meet our business needs. We are still in the early days of rolling out the system, but so far it has been an overall positive experience as an administrator. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

CandorIQ is still very much a startup. The onboarding process still needs work and there isn't much extra support resources available for the end user. However, the team is always around to answer questions if you need it. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

We signed up to CandorIQ for a more transparent and collaborative way to make compensation decisions. We also use it to design our overall job architecture which has helped us to visualise the skills and experience that we have in our organisation. We will use CandorIQ as part of a wider performance management system, bringing clarity and objective decision making into the business. Review collected by and hosted on G2.com.

Leslie H.
LH
VP, People
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

The headcount planning module is one of a kind. I have yet to see a tool tackle this in a way that actually allows teams to get out of spreadsheets and automate a process that connects to your HRIS and ATS and manages approvals, projects org views into the future, and allows finance teams to more accurately budget headcount. It's such a game-changer. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

Haven't come across anything the team was not able to update or customize for us. It has always been white-glove customer support. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

Streamlining the headcount planning and management process and automating our bi-annual compensation review process. Review collected by and hosted on G2.com.

Dave C.
DC
Compensation consultant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about CandorIQ?

CandorIQ is a powerful platform across both workforce planning and compensation. It effectively enables collaboration across HR, Finance and executive leadership, reducing cross-functional friction.

In my career I’ve spent countless hours building, populating and reconciling spreadsheets. CandorIQ effectively automates mountains of work, while improving decision-making with data, reporting and scenario planning. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

While CandorIQ delivers great value, it could benefit from more integrations with some niche systems. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

CandorIQ solves several key challenges in strategic workforce planning & compensation management:

Provides single platform for HR, Finance & Exec collaboration

Unifies data across multiple key people planning processes that drive spend

Enables scenario planning and simplified reporting

Automates significant spreadsheet work

All of this leads to better informed and more strategic workforce decisions. Review collected by and hosted on G2.com.

Verified User in Consulting
CC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

I'm really impressed with what CandorIQ has accomplished in it's short history. They are addressing a huge pain point for businesses around compensation planning. The application, accommodates a variety of compensation designs for smaller startup companies, and it includes embedded market data that otherwise would be a separate expense. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

I'm looking forward to see what they do around customer driven configuration options and also workforce planning that can be shared between both HR and finance teams. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

Smaller companies often don't have compensation expertise on their team so a tool like this allows HR leaders to access compensation information quickly and set up foundational job and salary structures. Review collected by and hosted on G2.com.

Jennifer A.
JA
Director, Talent
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
What do you like best about CandorIQ?

CandorIQ gives us a way to have all our compensation and headcount information in one place. It's secure and makes otherwise chaotic processes much more systematic. Because it helps me stay organized and better collaborate, I'm able to focus more on the bigger issues and be more strategic. For example, I love that it helps me give my people managers more hands-on access to the information to be more effective with their direct reports' growth.

I also LOVE how hands-on their team is. They've made transitioning to the product incredibly easy and they're very pleasant to work with. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

The company hasn't been around as long as some of the players in the space and—while that has its perks—it also has its obvious disadvantages. The current product is great and their team is really helpful and responsive to feedback, so my only "dislike" is simply that there are still some features I know will come in the future that I wish they had today. I'm excited to be a design partner and have a lot of influence on the direction of the product. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

Organize and secure our compensation planning and management. Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about CandorIQ?

When we surveyed the comp cycle platform landscape, Candor proved to be the most flexible for our complex comp needs, while also coming in at the most reasonable price. That got us in the door, but what has kept us since is the responsiveness of the Candor team. They're open to feedback and are willing to make/update features to ensure the product works well for our team. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

The product is still relatively new, so they're still working out some kinks and building out some of the self-serve functionality. That said, they are super responsive to feedback and issues get resolved quickly one way or another. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

We have complex comp planning needs for our team, and Candor is flexible enough to accommodate. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
AI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

Candor has a great UI/UX and is extremely user friendly. We started working with CandorIQ in order to get access to more robust global compensation data, and we are very happy with the tool. The CandorIQ team also provides incredible support. They are extremely responsive and knowledgeable. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

Nothing in particular. I'm very excited to see what CandorIQ builds in the future, and I think the product will continue to keep getting better and better. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

CandorIQ is helping us grow internationally by providing us with accessible robust global data. Review collected by and hosted on G2.com.

LR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

The customer support at CandorIQ is unmatched. We switched from Kamsa to CandorIQ because from day one, the Candor team took the time to understand our unique needs as an organization and customize the platform accordingly. One of the things I like best about Candor compared to other tools is that it is infinitelty customizable; from the comp builder which allows you to easily build out pay ranges for new and existing roles, to the merit cycle which allows you to seamlessly run different budget models in local currency and assign varying levels of permissions to leadership and managers. By giving managers access to their teams' compensation data to make recommendations directly in the platform, they have a newfound sense of agency in the process and trust in the equity of our programs. CandorIQ has saved us weeks in the comp cycle by better leveraging the input of dept leaders and managers. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

The CandorIQ platform is relatively new so when I come across a certain functionality that would be helpful (e.g. the ability to have different % increases by performance rating per geo for our merit cycle), it sometimes needs to be built. The good news is that they often roll out new features before I can request them. And the fact that SigFig is an early customer means we've had an impact on the the product roadmap and the Candor team has been able to quicly turnaround solutions. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

Our previous annual compensation cycle was heavily manual (spreadsheets), time consuming, and left most managers and employees feeling in the dark about how compensation decisions were made. By making the process more efficient and transparent, CandorIQ has enabled our HR and leadership team to focus more time on other priorities while enhancing employee confidence in our total rewards and improving overall employee engagement. Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

The International benchmarking data is fantastic. We really enjoyed the quick and helpful support as we got up and running and the level of ongoing support has continued. I use CandorIQ on a dailly basis now and it's been so easy to to use. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

There isn't anything I don't like about it. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

Compensation benchmarking data we can trust for several International locations. Review collected by and hosted on G2.com.

Darin E.
DE
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about CandorIQ?

What I like best about CandorIQ is the ability it gives me to synthesize disparate information into an easy to use platform. It also unlocks easy collaboration and enablement across the business on compensation which in itself is super valuable. The uplift and ease of execution the product provides for annual adjustments, compensation benchmarking, compliance monitoring, and overall compensation maangement is unmatched. It's a dream tool that replaces the half dozen tabs I use to keep open in my browser. Review collected by and hosted on G2.com.

What do you dislike about CandorIQ?

The downside of CandorIQ is like any new product its feature depth is still improving. But given how new the product is I honestly am impressed with where they are right now. I had to think hard about what I dislike about it so I think that says something. Review collected by and hosted on G2.com.

What problems is CandorIQ solving and how is that benefiting you?

A complete view into company wide compensation is the biggest benefit. The siloed info contained in our payroll system, equity management tool (Carta), performance data, comp market data, etc. made it difficult to gain a complete picture of our workforce. I was living in a homegrown spreadsheet prior to CandorIQ. Now I'm able to understand the interplay between the siloed data and take proactive action. It's made me more responsive as a leader and avoid costly attrition. The product also empowers the wider business to understand compensation as it relates to market data and the distribution across teams and employees. Review collected by and hosted on G2.com.