CompTrak Pricing, Features, Reviews & Alternatives

CompTrak

Cloud-based employee compensation management solution

4.7/5 (10 reviews)

CompTrak overview

What is CompTrak?

CompTrak is a cloud-based compensation management solution that businesses manage employee rewards, equity plans, and more. The centralized platform lets users assign compensation plans to executive owners and maintain issue logs related to audit frameworks, facilitating the review process.

CompTrak allows organizations to incorporate hover text, call-outs, and glossaries into reward statements to improve employee retention. Businesses can also utilize the reward program to let employees access specific company benefits including insurance premiums, allowances, discounts, healthcare benefits or tuition reimbursements. Plus, it enables managers to store critical documents in a centralized database and grant permissions to specific users.

CompTrak helps businesses track equity distributions and accumulated dividends, as well as configure compensation plans to manage the vesting process. Users can collaborate with colleagues on incentive programs and receive reminders through alerts and notifications to complete follow-up processes. Managers can also review reward statements and generate reports in compliance with industry standards.
comptrak.com

Pricing

Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, Australia, China, India and 4 other markets, Japan, Germany, Brazil, Mexico

Supported languages

English
CompTrak screenshot: CompTrak homepageEliminate Spreadsheets From Your Year-end Bonus Cycle | CompTrakCompTrak screenshot: CompTrak grant management

CompTrak user reviews

Value for money
Features
Ease of use
Customer support
  4.7
  4.6
  4.7
  4.9
MARIUS H.

Technology Review

Used daily for 2+ years
Reviewed 2020-01-28
Review Source: Capterra

CompTrak software allows us to manage the most complex compensation plans with confidence. It has no issue handling exceptions and complex business rules.

Pros
The Comptrak vendor is very knowledgeable about the Insurance business. They proved to be very accommodating even with short notice requirements. Impressive development and testing speed and quick turnaround time for changes. Their deliverables are always of very high quality. The customer support team is always standing by to pick up the phone and call if we have questions or issues. Based on feedback I got from our business users, the software is intuitive and very easy for managers and administrators to use, gives them the flexibility to handle all situations with audit compliance. From a daily maintenance perspective it's worth mentioning and in the last 2 and a half years since we went live we never had any major severity incident, not even a medium severity one.

Cons
Nothing I can think of at this moment. The software is very robust and we had no significant production incident with it.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Ashley W.

What the tool lacked in functionality, the team makes up for in service and customization

Used daily for 6-12 months
Reviewed 2020-02-07
Review Source: Capterra

CompTrak has been very accommodating with our requirements and timelines. Response times on support inquiries are very quick. What the tool lacked in functionality, the team made up for in service and customization.

Pros
- Very accommodating to our needs for customization due to our unique plan rules. - Our goal was not to change our user experience from the legacy system and CompTrak went into great efforts to make that happen for us. - User interface is user-friendly and does not require extensive training for employees to use. - Our reporting requests were probably more complex than some and CompTrak did a great job fulfilling those requirements.

Cons
- UI is a bit out-dated and could use a visual update in the next few years.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Anonymous

CompTrak Review

Used daily for 2+ years
Reviewed 2020-02-04
Review Source: Capterra

- Highly customized application to support employee variable compensation planning and allocation. - Excellent support and flexible professional services

Pros
- function rich - highly customized - ease of use

Cons
- error handling is a bit weak - not enough information cross checking and validation - error messaging is a bit weak

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Lisa C.

Comments from Administrator

Used daily for 1-2 years
Reviewed 2020-01-28
Review Source: Capterra

Customer service is impeccable! The team is always available to help when issues arise.

Pros
The application is intuitive and very easy for managers and administrators to use. It gives us the flexibility to handle all situations with audit compliance.

Cons
Can't think of anything major. Overall experience has been nothing but positive.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Errick A.

CompTrak Review

Used weekly for 2+ years
Reviewed 2020-01-28
Review Source: Capterra

Pros
As part of the team who deploys and does some administering of this application within our infrastructure, the deployment activities are very easy to manage and execute. The Admin functionality of the tool is very straight forward.

Cons
The error handling is one of the items that we sometimes struggle with when encountering an error within the application. Sometimes that error message is not very meaningful and it makes it difficult to determine the cause of the error.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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CompTrak pricing

Contact CompTrak for pricing details.

CompTrak features

API
Alerts/Notifications
Collaboration Tools
Customizable Branding
Reporting & Statistics
Reporting/Analytics

Activity Dashboard (589 other apps)
Applicant Tracking (420 other apps)
Assessment Management (428 other apps)
Data Import/Export (442 other apps)
Employee Database (513 other apps)
Employee Management (498 other apps)
Employee Profiles (412 other apps)
Mobile Access (477 other apps)
Performance Management (439 other apps)
Recruitment Management (430 other apps)
Search/Filter (386 other apps)
Self Service Portal (806 other apps)
Third Party Integrations (499 other apps)
Training Management (415 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
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Videos and tutorials

Additional information for CompTrak

Key features of CompTrak

  • Cap Table Management
  • Options Management
  • Participant Portal
  • Vesting Management
View All Features