Xactly Incent vs COMPview

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Our analysts compared Xactly Incent vs COMPview based on data from our 400+ point analysis of Compensation Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Xactly Incent Software Tool

Product Basics

Xactly Incent is a revenue intelligence system that helps organizations plan and organise their revenue operations. It helps capture and track critical data to avoid errors and forecast inaccuracy. It has acquired TopOPPs and set a standard for artificial intelligence. It helps users take control of their data. It works in collaboration with Vista Equity partners for growth and innovation.

Its offerings are based on industry, needs and business size. It also offers strategic sales planning and revenue performance analytics besides incentives management.
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COMPview is a cloud-based compensation management solution that streamlines and simplifies every part of the compensation cycle. Real-time data allows managers and HR professionals to make informed decisions when issuing salaries and awards. Identify top performers and retain staff by quickly calculating, recommending and approving allocations based on performance metrics.

Customize and configure budget and compensation models using in-house rules, goals and performance ratings to ensure equitable awards. Increase transparency, facilitate communication and motivate employees by publishing and viewing compensation statements online. It can handle the needs of businesses of any size and scale with company growth.
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$60/User, Monthly
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$7,500 Annually
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Tailored to your specific needs
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Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • Increased Accuracy: Automates complex compensation calculations, reducing the risk of human error and ensuring precise payouts.
  • Enhanced Transparency: Provides clear visibility into compensation plans and performance metrics, fostering trust and motivation among employees.
  • Improved Compliance: Ensures adherence to regulatory requirements and internal policies, minimizing the risk of legal issues and fines.
  • Boosted Productivity: Streamlines administrative tasks, allowing sales and finance teams to focus on strategic activities rather than manual data entry.
  • Data-Driven Insights: Offers robust analytics and reporting tools to identify trends, optimize compensation plans, and drive better business decisions.
  • Scalability: Adapts to the growing needs of your organization, whether you are a small business or a large enterprise, without compromising performance.
  • Enhanced Employee Motivation: Aligns compensation with performance, incentivizing employees to achieve their targets and contribute to company goals.
  • Cost Efficiency: Reduces administrative overhead and errors, leading to significant cost savings over time.
  • Customizable Plans: Allows for the creation of tailored compensation plans that meet the unique needs of different roles and departments.
  • Real-Time Updates: Provides instant updates on performance and compensation, enabling timely adjustments and informed decision-making.
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  • Enhanced Efficiency and Accuracy: Automating compensation processes reduces the risk of errors and saves time, allowing HR teams to focus on strategic initiatives.
  • Improved Compliance: COMPview helps organizations adhere to complex compensation regulations and avoid costly penalties.
  • Data-Driven Decision Making: The software provides robust reporting and analytics capabilities, enabling informed compensation decisions based on real-time data.
  • Increased Transparency and Fairness: COMPview promotes transparency by providing employees with clear insights into their compensation and how it aligns with market benchmarks and internal equity.
  • Enhanced Employee Engagement and Retention: A well-managed compensation program can boost employee morale, motivation, and loyalty, leading to higher retention rates.
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  • Automated: Integrate with other systems as needed and automate processes to be time-efficient and avoid errors. 
  • Collaborative: Improve collaboration between different operational teams, including sales ops, accounting and finance via an integrated solution for managing compensation and commission expenses. 
  • Decision-Making: Make informed decisions and align plans with business objectives based on in-depth data insights. 
  • Continuous Updates: Proactively monitor and continuously update the sales compensation plan to match with business needs. 
  • SimplyComp: Leverage the incentive management system for growing companies to implement commission and payout plans using industry best practices and templates. 
    • Scalable: Process large amounts of data in a single run to boost productivity. 
    • Spreadsheet Like: Use just like Excel spreadsheets for inputting data. 
    • Built-In Payment Templates: Leverage templates to create payment plans and reduce the time spent on them. 
    • Globalized: Work with currencies from across the world in SimplyComp that supports multiple languages, including English, French, German, Spanish and Italian. 
  • Commission Expense Accounting: Leverage the complete expense management system for the following: 
    • Dynamic True-Ups: Automate data updates whenever changes affect contract adjustment, employee status and more. Trigger automatic impairments for any changes such as start and end dates or the benefit period. 
    • Expansive Reporting Library: Leverage pre-built, automated reports and dashboards to gain a holistic view of commission expenses. 
    • Integrated Workflow and Process Management: Integrate with the existing infrastructure, including CRM, HRIS, CLM and CPQ systems. Manage any number of accounting books and interoperate with downstream accounting ledgers. 
    • Full and Modified Retrospective Approaches: Leverage the end-to-end solution to automate compliances. 
  • Operational Sales Management: Execute sales plans effectively and streamline processes by proactively monitoring people, territories, quotas and credits. Enable smooth collaboration across different departments and manage multiple workflows. Integrate with existing CRM and other enterprise applications to transfer and exchange data. Plan for revenue growth on an account-by-account basis. Develop and deploy top-down, bottom-up, hybrid and overlay planning. 
  • Benchmarking: Compare team performance with company and industry-wide metrics. Include incentive programs to boost performance. Leverage aggregated data and compare elements to identify trends such as role tenure and region. 
  • Sales Planning: Leverage the necessary tools required to plan out strategies. Access real-time dynamic dashboards for continuous optimizations of sales plans. Use AI to enhance decision-making and predict key metrics. 
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  • Compensation Management: Simplify complex plans and oversee the entire compensation cycle from one location. Create and manage multiple salary, merit, bonus and equity plans, with accommodations for differences in rules, budgets and considerations. Pre-calculate employee awards using factors determined by HR and management. 
    • Multiple Currencies: Utilize talent worldwide by translating awards and compensation into 60 different currencies. 
    • Audits: Produce audit trails for every award and employee. Use prior audits to inform future decision-making. 
  • Performance Management: Quickly communicate with line managers to set or adjust employee expectations. Monitor the progress of all employees across multiple departments and geographic locations. Consult with a dedicated engagement manager to keep employees motivated to meet or exceed expectations. 
  • Real-time Data: Receive up-to-the-minute data regarding employee performance and awards allocation. Ensure fair pay practices and equitable distribution of rewards as they generate. 
  • Approval Hierarchies: Create approval hierarchies to ensure proper authorization of awards and continuation of workflows. Issue custom rules for each workflow. 
  • Report Generation: Generate customized reports and statements for each employee. Publish statements online to communicate rewards and allocations quickly. 
  • Third-party Integration: Integrate with other legacy systems and incorporate data from multiple streams, like HRIS, payroll and other financial platforms. 
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Product Ranking

#57

among all
Compensation Management Software

#77

among all
Compensation Management Software

Find out who the leaders are

Analyst Rating Summary

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Integrations and Extensibility
Compliances
Platform and Security Capabilities
Budgeting and Forecasting
Integrations and Extensibility

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Xactly Incent
COMPview
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Budgeting And Forecasting Compliances Dashboard And Reporting Mobile Capabilities Platform And Security Capabilities Rewards And Recognition Salary And Pay Structure Management Variable Compensation And Incentives Management 64 0 80 41 78 13 64 44 93 100 67 53 96 63 83 78 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

88%
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User Sentiment Summary

Great User Sentiment 914 reviews
Excellent User Sentiment 88 reviews
85%
of users recommend this product

Xactly Incent has a 'great' User Satisfaction Rating of 85% when considering 914 user reviews from 4 recognized software review sites.

91%
of users recommend this product

COMPview has a 'excellent' User Satisfaction Rating of 91% when considering 88 user reviews from 2 recognized software review sites.

4.2 (215)
4.5 (68)
4.2 (232)
4.7 (20)
4.5 (185)
n/a
4.1 (282)
n/a

Awards

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SelectHub research analysts have evaluated COMPview and concluded it deserves the award for the Best Overall Compensation Management Software available today and earns best-in-class honors for Budgeting and Forecasting and Compliances. COMPview stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

Analysts' Pick Award
User Favorite Award
Budgeting and Forecasting Award
Compliances Award

Synopsis of User Ratings and Reviews

Intuitive Incentive Compensation Management: Users praise Xactly Incent for its user-friendly interface, which simplifies complex compensation plan design and administration. They appreciate the platform's ability to automate calculations, track performance, and generate detailed reports, streamlining the entire incentive compensation process.
Improved Data Accuracy and Transparency: Xactly Incent's centralized data management capabilities minimize errors and ensure data consistency. Users highlight the platform's ability to provide real-time visibility into compensation data, fostering trust and transparency between sales representatives and management.
Enhanced Sales Performance Motivation: Users report that Xactly Incent helps motivate sales teams by providing clear performance targets and timely, accurate payouts. The platform's gamification features, such as leaderboards and badges, further incentivize sales representatives to exceed their goals.
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Streamlined Workflow: Users appreciate the ability to easily manage employee compensation, including salary planning, merit increases, and bonus payouts, all within a single platform. This eliminates the need for multiple spreadsheets or disparate systems, saving time and reducing the risk of errors.
Data-Driven Insights: COMPview provides users with robust reporting and analytics capabilities, enabling them to gain valuable insights into their compensation data. This information can be used to make informed decisions about salary adjustments, identify pay gaps, and ensure that compensation is aligned with market trends and company goals.
Compliance and Governance: The software helps organizations maintain compliance with relevant regulations and internal policies. It provides tools for tracking and managing employee compensation data, ensuring that all decisions are documented and auditable.
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Difficult to Use: Some users find the platform difficult to navigate and use, especially when trying to perform complex tasks or generate reports.
Limited Customization: Users have reported limited options for customizing the platform to their specific needs, which can be frustrating for businesses with unique compensation plans.
Technical Issues: Some users have experienced technical issues with the platform, such as slow loading times, system errors, and integration problems.
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Limited Functionality: Users have expressed frustration with the software's limitations in handling complex compensation structures and calculations, particularly for organizations with diverse employee roles and global operations.
Usability Challenges: The user interface has been criticized for being outdated and cumbersome, leading to a steep learning curve and decreased efficiency for HR professionals.
Integration Issues: Difficulties integrating COMPview with existing HR and payroll systems have been reported, resulting in data inconsistencies and manual data entry requirements.
Reporting Limitations: Users have noted a lack of flexibility and customization options in generating reports, hindering their ability to analyze compensation data effectively.
Customer Support: Some users have expressed dissatisfaction with the responsiveness and effectiveness of customer support, leading to delays in resolving technical issues and addressing user concerns.
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Are you looking for a compensation management solution that will make you say "eXactly!"? Xactly Incent has garnered a reputation for its user-friendly interface and robust features, particularly its strength in handling complex commission structures. Users praise its ability to automate calculations, track performance, and generate detailed reports, freeing up valuable time for strategic tasks. This granular control and transparency are highly valued, as they empower businesses to make data-driven decisions and ensure fair compensation practices. However, some users have pointed out that the software's learning curve can be steep, especially for those unfamiliar with compensation management concepts. Additionally, while integrations with popular CRM platforms like Salesforce are available, some users have expressed a desire for broader third-party integrations. Xactly Incent's focus on incentive compensation makes it a perfect fit for businesses with sales-driven cultures, particularly those with complex commission structures. Its ability to accurately calculate and track incentives, coupled with its insightful reporting capabilities, allows businesses to effectively motivate their sales teams and drive revenue growth. However, businesses with simpler compensation needs or those prioritizing extensive third-party integrations might find other solutions more suitable.

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COMPview has garnered positive feedback for its user-friendly interface and comprehensive compensation management features. Users appreciate the platform's intuitive design, which makes it easy to navigate and find the information they need. The software's ability to handle complex compensation structures, including base pay, bonuses, and equity, has also been praised. Additionally, users value the reporting and analytics capabilities, which provide insights into compensation trends and help ensure pay equity. However, some users have noted that COMPview can be slow at times, particularly when dealing with large datasets. Additionally, the software's customization options have been described as somewhat limited, which may be a concern for organizations with unique compensation needs. Compared to competitors like PayScale and Salary.com, COMPview offers a more robust set of features for managing employee compensation, but it may come at a higher cost. Overall, COMPview is well-suited for mid-sized to large organizations that require a comprehensive solution for managing employee compensation. Its user-friendly interface, robust features, and reporting capabilities make it a valuable tool for HR professionals and compensation analysts. However, organizations with limited budgets or highly specialized compensation needs may want to consider alternative solutions.

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