To achieve this level of recognition for COMPOSE from a top research firm underscores our commitment to helping companies gain the upper hand in today’s competitive labor market by leveraging highly specialized technology.
Ramsey, NJ (PRWEB) October 14, 2014
Decusoft, a leading developer of specialized enterprise software solutions that enables companies to automate complex compensation processes and simplify benefit administration, today announced its web-based compensation software solution, COMPOSE by Decusoft™ has been awarded the “Hot Vendor” ranking in Ventana’s 2014 Value Index for Total Compensation Management. This is a top category in the index, ranking vendors highest among competitors in seven evaluation categories.
The COMPOSE solution is a configurable and scalable web-based compensation management software that helps organizations strategically use compensation to recruit, retain and incent employees while meeting corporate goals and objectives. Within the study, Decusoft demonstrates the overall best customer value, offering low cost of ownership, high-touch concierge level services and the ability to handle the most complex of compensation challenges.
Each of the “Hot Vendor” products evaluated were recognized for their ability to handle the fundamentals of compensation management including compensation plans and pay types. Each provides an intuitive user experience for compensation analysts and planning managers.
“It’s an honor to be among the select few software solutions to receive the Ventana Research Hot Vendor rating,” said Rick Laurenzo, president, Decusoft. “To achieve this level of recognition for COMPOSE from a top research firm underscores our commitment to helping companies gain the upper hand in today’s competitive labor market by leveraging highly specialized technology,” he added.
Ventana’s 2014 Total Compensation Management Index is the distillation of more than two decades of experience and knowledge of the market and the analysis of technology supplier product research efforts by Ventana Research, the premier benchmark research and advisory services firm. Built on a foundation of ten years of business and technology research, this unbiased fact-based index is the first such industry undertaking to assess the value of software designed specifically for enabling Total Compensation Management. Using this Value Index, business and IT organizations can evaluate existing compensation management software and examine software vendors’ offerings in the context of their own business and technology requirements.
“Compensation management software to support talent management processes is essential to the basics of effective human resources and management of employees,” said Stephan Millard, VP and research director of Ventana Research. “This in-depth research provides confirmation that the nuances vary in how compensation management software operates across categories of evaluation criteria. Some vendors are better than others in one or several categories.”
Delivering function-rich compensation and benefits administration solutions as well as professional services since 2002, Decusoft has an exceptional track record of exceeding client expectations. Through its award-winning compensation management software solution, COMPOSE™, the firm helps businesses automate and streamline complex merit, bonus, short-term and long-term incentive compensation processes. Decusoft also offers EasyAdmin™, a configurable, web–based software solution that simplifies complex Taft-Hartley Benefit Fund administration. More information is available at http://www.decusoft.com