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beqom, the provider of a cloud-based total compensation management solution, and Deloitte Consulting, a global consultancy whose Human Capital Services includes a dedicated Total Rewards practice, have announced a partnership to bring next-generation efficiency in the management of compensation to the German and Swiss market.

beqom and Deloitte will combine their unique capabilities to provide customers with a highly scalable, best-of-breed compensation management solution, along with expert advisory services regarding total rewards design and implementation. Deloitte’s Total Rewards practice is a leader in helping clients to imagine and compose world-class compensation strategies and plans. Now, in partnership with beqom, Deloitte can help clients activate these strategies, by virtue of the flexibility of beqom’s total compensation solution and Deloitte’s domain expertise.

“beqom gives partners an opportunity to sell high-value services to address all aspects of compensation, finely tailored to each client to address a vast variety of requirements.”

— Peter Devlin, Partner and Head of Deloitte Consulting's Total Rewards practice in Germany

Deloitte's Human Capital Services fosters business development through employee performance. Deloitte believes that business challenges can almost always be broken down into HR challenges: whether it's globalization, digital technology, regulatory or innovation, companies depend on their employees for good business results.

beqom provides a best-of-breed Total Compensation Management cloud solution which connects directly into core HR software suites, to address the requirements and complexities of sophisticated compensation processes that the HR suites are unable to meet. Relying on a core HR system for end-to-end compensation management can put compensation strategy at risk, resulting from limited functionality and process coverage, lack of support for regulatory compliance, and unforeseen costs. The beqom solution is a comprehensive, integrated, and fully configurable compensation cloud platform that enables companies to adhere to their HR suite approach while at the same time managing the reward of their people without compromise.

According to Francois D’Haegeleer, Head of Alliances Business Development at beqom, “We are thrilled that Deloitte has chosen beqom as the foundation for their large enterprise clients who need a flexible and efficient solution for managing total rewards. Deloitte’s expertise and leadership in the compensation field is well recognized, and combined with beqom’s robust technology, they can bring unmatched value to customers.”

About Deloitte

Deloitte provides audit, risk advisory, tax, financial advisory and consulting services to public and private clients spanning multiple industries; legal advisory services in Germany are provided by Deloitte Legal. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s approximately 264,000 professionals are committed to making an impact that matters.

Watch the video of Deloitte talking about their partnership with beqom