beqom, a cloud-based Total Compensation Solution provider addressing all aspects of compensation and performance in a single platform, today announces that it has been ranked as the most capable compensation solution in the market by Ventana Research in their 2016 Total Compensation Management Value Index.
Ventana Research’s Total Compensation Value Index is an analytical representation of how well vendors’ offerings meet buyers’ requirements for software that enables and supports total compensation management. Based on a comprehensive, overall weighted evaluation of nine vendors’ products, the index revealed that beqom was both the most capable total compensation solution in the market, and ranked as the highest dedicated provider of compensation management.
beqom was further recognized for its focus, demonstrated commitment, success, and ability to:
- Enable business users to quickly address compensation requirements
- Ensure customer success from onboarding through application configuration
- Deploy independent of talent management or human resource management systems yet integrate into the human capital management processes, for even the largest organization
“Congratulations to beqom for its Capability Category Leader rating in the 2016 Value Index for Total Compensation Management, beqom’s passionate focus on meeting the compensation needs of organizations is exemplary considering the rigor of the Value Index analysis of the compensation management software market.”
— Mark Smith, CEO and chief research officer, Ventana Research
Total Compensation Management is defined in the report as “an essential activity for any organization that values engaging and retaining employees.” According to Ventana Research’s compensation management benchmark research, “almost three-fourths (72%) of organizations said that it is important or very important to have a total compensation management system rather than a piecemeal approach.”
“beqom’s rating as the most capable total compensation solution and highest ranked dedicated provider of compensation in the market in this year’s Value Index, further validates our exclusive focus on compensation and our product strategy of unifying all compensation processes on a single platform for HR and Sales.”
— Tanya Jansen, Head of Marketing at beqom
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