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HRSoft Long-Term Incentive Management Reviews & Product Details - Page 2

HRSoft Long-Term Incentive Management Overview

What is HRSoft Long-Term Incentive Management?

HRSoft’s LTI Solution empowers organizations to streamline the management of deferred cash or phantom stock programs with automated processes and clear communication. From establishing tailored rules to consolidating bonus calculations, our platform enhances operational efficiency while fostering transparency. Take a short self-guided tour: https://demo.cloud.hrsoft.com/share/xinuqnecoqre

HRSoft Long-Term Incentive Management Details
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Product Description

Keep your best performers invested with a robust LTI program that clearly communicates when and how they will be rewarded. HRSoft makes it easy by automating the entire LTI process for any deferred cash or phantom stock program.


Seller Details
Seller
HRSoft
Year Founded
2012
HQ Location
Maitland, FL
Twitter
@HRsoft_Inc
3,423 Twitter followers
LinkedIn® Page
www.linkedin.com
171 employees on LinkedIn®
Description

With an industry-leading, purpose built platform for compensation lifecycle management, HRSoft brings the power and business impact of digital transformation to the least automated process in HR.


Caroline R.
CR
Overview Provided by:

Recent HRSoft Long-Term Incentive Management Reviews

TC
Tarryn C.Enterprise (> 1000 emp.)
5.0 out of 5
"Excellent software , accommodating to all our needs"
The automation of our remuneration review and incentive process
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.0 out of 5
"Overall a great product"
How customizable it is. We found that CompTrak can configure international compensation in ways that most other comp tools cannot
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Great way to build efficiencies into your organization"
Comptrak has helped us streamline a number of our processes. I am consistently impressed by the team's ability to understand a process so quickly a...
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HRSoft Long-Term Incentive Management Media

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22 HRSoft Long-Term Incentive Management Reviews

4.5 out of 5
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Overall Review Sentiment for HRSoft Long-Term Incentive ManagementQuestion

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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G2 reviews are authentic and verified.
Julin Y.
JY
Senior Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about HRSoft Long-Term Incentive Management?

Highly reliable team whom we can trust to give the right advice, highlight risks and propose alternative possibilities given the context to develop the solution together. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

Would be great if the next iteration can focus on overall UX and reduce manual work needed outside the system. As the concept of total compensation is more embeded now, we believe that simplifying the process can be a next step to improve the overall process and experience. Review collected by and hosted on G2.com.

Recommendations to others considering HRSoft Long-Term Incentive Management:

If you are after a collaboration partner who will always prioritize the customer's need and go the extra mile, I recommend CompTrak. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

Building a scalable foundation to support talent processes, having all data in one place and the ability to document decisions and feedback notes to track record for each employee. Review collected by and hosted on G2.com.

JH
HR Specialist
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

I like the continued improvement of Comptrak. It is steadily evolving to meet our needs and what we are trying to accomplish each year. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

We have to start from scratch so it can be a bit difficult to play around with but it isn't a huge complaint. We understand that we have to customize it the way we want to get our desired results. Review collected by and hosted on G2.com.

Recommendations to others considering HRSoft Long-Term Incentive Management:

Consider your company's needs and what are you looking to achieve before committing to CompTrak. It is a great resource and truly helpful in managing our compensation and performance management tools. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

We are solving a huge performance management gap in our company. It is great to track and help others understand how much we can change the way we operate from an overall scale. Review collected by and hosted on G2.com.

Janine K.
JK
Org Development Specialist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about HRSoft Long-Term Incentive Management?

The team who helped us develop Comptrak, they are very customer-obsessed, work efficiently and helpful. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

The design. It would be great if we could change it to look a bit modern.

More easy options as an admin (for example, going through the change log is very difficult and could be made easier) Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

We use it for the compensation processes, to capture the data. Review collected by and hosted on G2.com.

Steven S.
SS
C
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

Our experience with CompTrak has been great. We have given them some business and HR challenges which wanted to tackle with a system and they developed it in a way that was perfect for us. They are very service oriented. They also delivered in a very short time frame. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

Since we started working with them, I can not think of anything I did not like. Review collected by and hosted on G2.com.

Recommendations to others considering HRSoft Long-Term Incentive Management:

Easy to use tool, great customer service, they think together with you and adapt their system to solve your problems. Probably the best compensation tool I have ever had. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

Stock Options, Bonus but mainly they solved for us the concept of ongoing budgets through the year in salary increases. Review collected by and hosted on G2.com.

Sabrina H.
SH
Senior Associate, Compensation
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

We used CompTrak as our year-end tool. It had a very intuitive set up. It was flexible enough to accommodate OMERS' needs which is often hard to find. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

The implementation process could be better but to be fair we were working with really tight timelines. That complicated matters. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

We needed a flexible, easy to use year-end tool and CompTrak has definitely delivered that. I have heard many amazing feedback regarding the tool when we opened it to people managers and HR teams. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

CompTrak is very user friendly, the appearance overall is also very appealing. The user screens are well thought out and organized. We liked the ability to customize the user input screen. Support from CompTrak is great. They are quick to respond to questions and queries. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

Only minor things such as the reporting feature where there are pre-built reports vs the ability to created an ad-hoc report. Thats not the say the pre-built reports are not great, they are fine. Review collected by and hosted on G2.com.

Recommendations to others considering HRSoft Long-Term Incentive Management:

Work with the CompTrak team so they can assist you to catering to your needs. This will give you the best experience with CompTrak. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

Using CompTrak to plan compensation at yearend in an efficient way. We also use CompTrak to help store any mid year compensation awards such as retention awards. We also use CompTrak to store and calculate equity deferrals. 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
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

the CompTrak team was very thorough, accommodating, and flexible with our ever-changing needs and schedule. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

I have no criticism, the team was great! Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

We were working to streamline our bonus payouts and will now be implementing a merit tool. Review collected by and hosted on G2.com.

Oskar F.
OF
Director, Global HR Governance & Measurement
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

A leadership team that is supportive of crafting solutions that meet business needs while the tool provides an effective end-user design to drive a positive experience Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

The tool in its current state does still have limitations as the CompTrak team continues to add functionality allowing it to solve for more use cases. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

With complexity around the number of compensation programs that exist, CompTrak allows us to solve for unique problems that our other Compensation tools do not allow for. This has resulted in a tool that is built for purpose and handles a significant portion of our overall compensation pool while evolving every year to bring a positive end-user experience. The customizable reporting capability has also won over a lot of our business users as well. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

The system is very intuitive once set up and does not require a lot of training for the business.

The team I worked with was incredibly knowledgable, very flexible with our changes during the process while assuring the quality of it. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

The only minor draw back would be the limitation on branding, when it comes to colours, fonts etc. Not a real issue for us and might have been to due to the short timeframe we had. Other than that we had no problems from CompTrak side. Review collected by and hosted on G2.com.

Recommendations to others considering HRSoft Long-Term Incentive Management:

Make sure to have the processes you want to handle with CompTrak clearly defined. But even if you don´t, CompTrak can guide you with recommendations during implementation. Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

Our company needed a proper system to keep track of our newly introduced equity program for employees and help support our promotion and annual compensation review processes.

Our former system was not capable to handle this properly, and CompTrak helped solving these problems in a very easy and smooth way.

CompTrak is capable of making very complex and extensive processes easy to use. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about HRSoft Long-Term Incentive Management?

CompTrak supports digital transformation and has great experience supporting clients across diverse industries. We are in the middle of implementation of a compensation decision system and happy to leverage built in, ready to deploy features and enhanced capabilities resulting in an intuitive, modern and easy user experience. The real time data updates, and reporting capabilities are a big win. We've had good success with delivery of compensation statements in previous two years. Review collected by and hosted on G2.com.

What do you dislike about HRSoft Long-Term Incentive Management?

Nothing to add at this portion of the survey Review collected by and hosted on G2.com.

What problems is HRSoft Long-Term Incentive Management solving and how is that benefiting you?

We are trying to implement a fairly complex compensation tool within a very short period of time. It has its own set of time sensitive timelines. Dedicated team of professionals who are very responsive. The real time data updates, and reporting capabilities are a big win. Auditing capabilities are also a key benefit as as admin user. Review collected by and hosted on G2.com.