beqom – a cloud-based compensation software provider – launched and developed its total compensation solution exclusively on Microsoft Azure to provide end-to-end compensation management for Fortune 500s around the world, including the Microsoft Worldwide Incentive Compensation (WWIC) team, giving them the flexibility to run full, daily compensation cycles for global sellers across more than 100 countries.
“The world’s largest companies manage the compensation of their employees on beqom,” says beqom CEO Fabio Ronga. “To meet this need, without compromise, beqom had to rely on an enterprise cloud platform with the required flexibility, scalability, reliability and, most importantly, compliance with the strict governance and security standards such organizations have – which is why beqom chose to develop its total compensation solution on Microsoft Azure.”
The total compensation solution, in turn, has allowed the WWIC team to credit billions of data points across all sellers at unprecedented levels of scale and speed, providing Microsoft employees with immediate benefit and insight into their compensation and performance-based incentives data.
“Re-platforming seller incentives is a huge undertaking in any company, and for the size and complexity that Microsoft represents, it was an unbelievably difficult task. Doing so would not be possible without working with the beqom team,” said WWIC General Manager Mamata Bhopatkar. “With beqom, we are able to scale at speeds that we’ve never experienced before and doing that on Microsoft Azure gives us the agility and flexibility we need as well. It’s a huge win for us.”
Running the total compensation solution on Azure has also helped beqom customers like PepsiCo and Barclays to provide employees with immediate benefits and insight into their compensation and performance-based incentives data. Currently, the platform manages $300 billion in compensation for more than three million users, across more than 160 countries.
One company that has significantly benefited from total compensation solution on Azure is a US-based retail chain that is one of the highest volume convenience retailers in the U.S. Some of their key successes using the platform include automating salary and bonus processes for more than 9,000 employees across the U.S., driving significant cost savings from wage control, achieving corporate-wide salary transparency and more.
"beqom is a solution that will help us to move to the front lines of where compensation is going, providing us with flexibility, agility and the ability for HR to control our own destiny," says the Senior Manager of Compensation & Data Analytics.
Creating incentive compensation plans that are relevant for the business worldwide, across a portfolio of products, is a very tall order. Find out how beqom helps Microsoft's WWIC team to do this at scale, with quality and accuracy in the following video testimonial: