HRsoft and Xactly Announce a Strategic Partnership

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Companies Address the Growing Needs for Compensation Planning by Employers

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Companies Address the Growing Needs for Compensation Planning by Employers

HRsoft, a leading supplier of software for planning and managing employee compensation, and Xactly, a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management announced a strategic partnership. Both companies help employers improve their compensation processes with technology. Xactly focuses on incentive compensation for sales and HRsoft focuses on broad-based compensation for non-sales associates. This partnership will allow clients of both companies to take advantage of best-of-breed solutions for their compensation management requirements.

"Incentive compensation management is still often done using Spreadsheets and off-line processes at many companies. Xactly can improve those processes and optimize results with technology and data," said Will Berger of Xactly. "While the focus of Xactly is on the sales sector, HRsoft delivers similar value for the non-sales part of a company. This partnership will allows us to create positive change for clients across their organizations."

HRsoft CEO David Kennedy added: "We admire the breadth and strength of the technology solutions offered by Xaclty. And we share a similar goal of working with employers to improve their processes in the non-sales compensation area. By collaborating, there will be new opportunities for both companies to solve business needs for clients. We both work hard to help companies drive success with motivated and aligned associates who are rewarded and compensated appropriately."

Xactly offers a number of products to improve business results, including its Sales Performance Management Software solution Xactly Incent Enterprise. This is the leading sales performance management software solution for enterprise-class businesses. From plan design and calculations to reporting and analytics, Xactly Incent Enterprise makes even the most complicated compensation program easy to manage and error-free.

COMPview is HRsoft's software solution that is used by employers to align their budget for salary, merit adjustments, incentive awards with all associates n the company. Compensation Professionals and Line Managers use the system to make critical decisions about pay and manage the entire workflow. COMPview supports a variety of business factors that go into determining how much a person can be rewarded in a period of time in accordance with each plan's requirements. Calculations can be based on the employee's role, individual performance measurements, business unit results and other factors. Reporting and compliance with company policies and guidelines are enabled with the software. Innovative technology is improving the compensation planning and management process for many employers. Xactly and HRsoft are at the forefront of developing and delivering technology that brings powerful results to companies.

About Xactly
Headquartered in San Jose, California, Xactly is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. Named a leader in Gartner's Magic Quadrant for Sales Performance Management software, Xactly addresses a critical business need to incentivize employees and align their behaviors with company goals. The company's products allow organizations to make more strategic decisions, increase employee performance, improve margins, and mitigate risk. Learn more at https://www.xactlycorp.com/.

About HRsoft
HRsoft is a leading provider of cloud-based compensation planning and total rewards software. Our cloud based SaaS solutions combine best of breed features with an intuitive, easy-to-use interface that simplifies and automates the entire compensation process. From complex compensation cycles to communicating total rewards, we help employers save time and their best employees. Learn more at https://www.HRsoft.com.

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Brian Sharp
HRsoft
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