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FlexFs for Financial Services

Over a decade of experience in managing total compensation for the world's leading financial institutions brings you an end-to-end compensation management solution designed and built exclusively for the financial services industry.

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reduction in spreadsheets used for compensation tracking and management
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elimination of IT and travel costs for IT support, infrastructure, consulting, and comp reviews
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costs saved by corrections of rounding errors in formulas
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drop in need for HR support by enabling employee and manager self-service

Benefit from a decade of experience in compensation management for financial services

We took our years of proven experience in designing and implementing compensation management technology for Fortune 500 financial services clients and delivered it in an innovative and focused solution designed to handle the dynamic and sophisticated compensation processes of financial services organizations.

beqom is used by leading FS companies worldwide across all sizes and sectors, including Investment Banking, Retail Banking, Private Banking, Asset Management, Wealth Management, Private Equity, Fintech, and other FS activities.

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Complex budgeting & org management

  • Salary / bonus pool budget allocation
  • Multi-matrix hierarchies and security setup
  • Compensation accrual management

Compliance, security, and reduced risk

  • Audit tracking
  • Compensation committee reporting
  • Regulatory Identification and compensation management

Empowering managers and employees

  • Manager self-service (team and individual views)
  • Employee self-service and elections
  • Individual compensation planning
  • Total Rewards dashboards, statements, compensation communication sheets

Designed to handle financial services complexities

  • Market data matching and benchmarking with peer groups
  • Deferred compensation grant and administration
  • Carried interest
  • Malus, clawbacks, risk adjustment

Analytics and intelligent decision support

  • Compensation analytics
  • Pay equity analysis
  • Intelligent recommendation engine

Automatic multi-currency management

  • Employee multi-currency management
  • Multi-currency comp planning
  • Multiple FX rates management

Why trust your strategic process to anything but the best?

beqom FlexFS provides you with:

  • Best practices.
    FS comp best practices packaged in one easy-to-use and easy-to-set-up solution.
  • Transparency.
    True compensation transparency thanks to one centralized solution.
  • Flexibility.
    A flexible and agile environment to change with the times.
  • Security.
    A platform that follows the latest GDPR, SOC, and ISO regulations to ensure data security and privacy.
  • Auditability.
    Built-in compensation audit tracking and reporting for internal and external governance.
  • Fair pay.
    Rule-based, automated, recommendation engine removing unconscious bias in comp decisions.
  • Cost control.
    Visibility, consistency, and analysis to ensure compensation cost-effectiveness.
  • Compliance.
    Traceable and transparent processes and approvals, supporting audits and regulatory compliance requirements.
  • Automation.
    Digitally automated processes that ensure accuracy, speed, and efficiency.
  • Centralization of data.
    beqom integrates natively with the systems that tie to compensation management, such as HRIS, ERP, CRM, and Finance systems.
Want to learn more?

Speak to a Performance and Reward Optimization Expert 1:1