
OpenComp
7.0#1 in compensation management softwareWebAPI
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| Fact | OpenComp | SimplyMerit |
|---|---|---|
| Headquarters | Crunchbase lists headquarters in San Francisco, California, United States. | Deer Park, Illinois, United States |
| Security | OpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data. | MorganHR describes the trial instance as secure; the pages reviewed do not state a security certification or compliance standard. |
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OpenComp may suit HR professionals who manage compensation decisions and want to move spreadsheet-based pay work into workflows. Its headcount planning and employee reward statements may also fit teams handling pay strategy and communication.
SimplyMerit suits organizations managing compensation cycles across managers and HR teams, including those handling multiple currencies or HRIS imports. Its workflows and statements may also help teams coordinate approvals and employee communications.