beqom, a provider of a cloud-based total compensation management
solution, has announced the release of its version 9.1, featuring
significant new functionality to bring compliance, control, and insight
to the management of compensation processes in sophisticated
enterprises. Many of the features are especially relevant to highly
regulated industries such as financial services, energy, and
manufacturing.
Key new functionality includes the introduction of a dynamic form
builder that links auditable records to compensation processes and an
enhanced analytics dashboard that gives users at all levels clear
performance data.
“I’m excited to see the release of beqom 9.1,” said Vismay Gada, Head of
Global Customer Success at beqom. “This release gives organizations a
solution with unprecedented capabilities to run compensation processes
with visibility, transparency, traceability, and compliance. The user
experience is phenomenal, for executives, managers, and employees alike.”
With new dynamic forms, compensation administrators can now easily
capture related information for any compensation process. For example,
administrators can attach Q&A fields to capture manager recommends for
bonus awards, securely recording justification for compensation
decisions. This auditable record can be used to satisfy regulators and
to ensure that company policies on compensation allocations are being
followed.
In another feature, beqom users can now more easily create custom
real-time dashboards through drag-and-drop homepage widgets, helping to
cement the link between pay and performance and to provide pay
transparency. While an individual employee may quickly display his own
total cash and non-cash rewards, managers may create an overview of
performance results, such as trends and forecasts.
“The new drag-and-drop dashboard has received great reviews from early
users,” says Joost Hoppenbrouwers, beqom Head of Services and Product
Development. “Based on the feedback of our customers, the improvement in
data modeling and configuration solidifies beqom as a leader in
compensation analytics.”
About beqom
beqom’s mission is to make the workforce of our customers happy. beqom
drives happiness by allowing business managers to lead, align and
motivate employees and partners. The beqom Total Compensation solution
is used globally across all industry sectors by over 100 large companies
such as Microsoft and Vodafone. It addresses all performance and
compensation aspects, all key drivers towards employee performance and
sales performance such as sales commissions, employee bonus, salary
review, long-term incentives, benefits and non-cash rewards.
Sales, HR and finance departments leverage our platform to drive
performance, talent retention, cost optimization and… happiness among
their people.
Learn more at www.beqom.com.
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