A Vision for Global Pay Transparency: Why Novo Insights’ Recognition Matters

By Lars Pedersen, CEO of beqom

I am incredibly proud to share that beqom has been recognized by Novo Insights as a top-tier enterprise tool for pay equity and transparency in their latest CompTech Category Snapshot. In a market that is rapidly crowding with surface-level solutions, Novo Insights has identified beqom as one of the most "complete" enterprise tools available today.

Navigating a complex regulatory landscape

With the EU Pay Transparency Directive’s transposition deadline this June, plus many more jurisdictions around the world enforcing pay transparency laws, organizations no longer have the option to opt in or opt out. Companies are now legally required to prove non-discriminatory practices and provide clear communication to every employee.

At beqom, we built our software specifically to handle the challenges faced by companies when dealing with multiple jurisdictions. According to Novo Insights, there are six core strengths that allow us to lead the market:

• Enterprise-grade scalability: Our tool is built for the unique, high-volume demands of the world’s largest employers.
• Multinational complexity: beqom seamlessly manages diverse compensation environments across dozens of countries while maintaining global governance.
• Data-science grade modeling: We offer unmatched flexibility in variables for deep-dive pay equity audits.
• Streamlined compliance: beqom includes pre-built templates engineered specifically for the EU Directive, designed to adapt as local member-state requirements evolve.
• Insightful reporting: Our dashboards include actionable visualizations created by data scientists that transform data into clear, executive-level insights.
• Decision-point equity: beqom’s Compensation Assistant feature identifies equitable compensation at the exact moment a decision is made, such as during an offer or promotion, preventing pay gaps before they occur.

Technical excellence and speed

The standout takeaway for me from this report is the Technical Highlights section. beqom earned the highest possible "+ Strong" rating across three critical categories: Analysis Flexibility, Analysis Transparency, and Data Management.

We believe that for an organization to truly trust its data, it needs full visibility. We provide that by allowing users to inspect our underlying analytical methods directly within the system. Furthermore, despite the depth that our tool provides, Novo Insights recognized our "Fast" implementation timeline, a rare distinction for enterprise-level software that allows our clients to execute their first equity studies with remarkable speed.

My commitment to smarter, compliant pay decisions

In a market demanding full transparency across multiple jurisdictions, a surface-level solution simply doesn’t cut it. Organizations need software that provides a sophisticated, multilayered approach to handling the complexity of global regulations.

By providing a unified tool that solves these challenges more effectively than any other competitor, beqom has cemented our position as an industry leader. We are delighted to receive this recognition from Novo Insights, and we remain committed to helping HR leaders make smarter, compliant pay decisions that win and keep top talent.