HRsoft

What HRsoft does

HRSoft is a Denver-based, privately held SaaS company that provides a unified, purpose-built platform for compensation lifecycle management targeted at mid-market and enterprise organizations. Its software covers the full compensation workflow — salary planning, bonus calculations and allocations, long-term incentive (LTI) management, variable compensation and sales commissions, carried interest, milestone bonuses, pay-for-performance, budgeting, and total rewards communication — delivered as configurable modules rather than as a feature inside a broader HCM suite. The platform is differentiated by its handling of complex, niche compensation scenarios (carried interest waterfalls, piece-rate, multi-currency LTIs, proration, spot bonuses) and by deep integrations with the dominant HRIS platforms (UKG, Workday, ADP, Oracle, SAP SuccessFactors) plus DocuSign for digital agreements. In September 2025 HRSoft layered on HRSoft Intelligence, an AI module with autonomous agents for plan configuration, formula building, and data cleansing, backed by a closed AI framework and a 31,000+ artifact knowledge base. The company's go-to-market is direct enterprise field sales with a consultative 'Book a Demo' motion, no public pricing, and implementation supported by dedicated compensation consultants.

HRSoft operates on a subscription SaaS revenue model with annual billing and modular pricing tied to organizational size and selected modules, selling exclusively through direct enterprise sales with no channel or self-serve distribution. The customer base spans financial services, investment management, technology and business services, manufacturing, healthcare and life sciences, and retail and consumer goods, with named logos including Walmart Canada (90,000+ employees), AbbVie, USI Insurance Services, DaVita, RBC, Nintendo, Churchill Downs, The Wonderful Company, PMA, Bayview Asset Management, Everbridge, McDermott Will & Emery, ScanSource, and Cima+ — collectively supporting over one million employees. Since a June 2023 acquisition of Toronto-based CompTrak and a March 2026 majority investment from Gryphon Investors (with Bow River Capital retaining a minority stake), the company has expanded its board with SaaS operating executives, joined the Workday Partner Program, and launched the Milestone Bonus module, alongside claimed metrics of tripled revenue since recapitalization and 30% YoY EBITDA growth. The company is SOC 2 Type II compliant and GDPR-aligned, certifications that support sales into regulated industries.

Name

HRsoft

Legal name

HRSoft

Website

https://hrsoft.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

HRSoft is a Denver-based SaaS provider of unified compensation lifecycle management software for mid-market and enterprise organizations, spanning salary planning, bonuses, long-term incentives, variable compensation, and total rewards communication across financial services, technology, manufacturing, healthcare, and retail.

Ownership category

akta.pro rank

Product category

Compensation Management Software

NAICS

Payroll Services (541214)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Compensation & Performance Administration Outsourcing (annual cycles, merit, reviews) (BPACAKAL)

akta.pro secondary industries

HR Operations Administration (HRIS Admin, Records, Employee Data Mgmt) (BPACAKAC), Core HR & HRIS (BPACAPAA)

Keywords

• Compensation management software
• Compensation lifecycle management
• Total rewards platform
• Long-term incentive management
• Variable compensation software

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription Licensing: HRSoft operates as a cloud-based SaaS platform offering compensation lifecycle management software on a subscription basis. The platform is priced as an enterprise solution with pricing based on organizational size and module requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels8 records

Core offering

HRSoft is a cloud-based SaaS platform that manages the entire compensation lifecycle for enterprises, including salary planning, bonus calculations, long-term incentive (LTI) awards, carried interest, variable pay/sales commissions, milestone bonuses, and total rewards communication. The platform provides modular, purpose-built tools replacing spreadsheets with automated calculation engines, configurable workflows, HRIS integrations, and an AI layer (HRSoft Intelligence) that accelerates plan configuration and decision support.

Product overview

HRSoft is a unified, purpose-built SaaS compensation lifecycle management platform. The core platform is complemented by named functional modules including Total Compensation Management, Pay for Performance, Long-Term Incentive (LTI) Management, Award Modeling & Calibration, Total Rewards Communication, Carried Interest, Variable Compensation / Sales Commissions, HRSoft Intelligence, Milestone Bonus, Planning Tools, International Capabilities, Administrative Capabilities, Budgeting, and Compensation Statements. Industry-specific solutions extend the platform for Financial Services, Investment Management, Technology & Business Services, Manufacturing, Front-Line Workers, Healthcare & Life Sciences, and Retail & Consumer Goods. HRSoft Intelligence (launched September 2025) adds AI agent-based automation across the platform.

Differentiator

Problem solved

Functional benefit

Brands

• HRSoft Intelligence: AI-powered compensation analytics platform providing compensation recommendations, implementation assistance, and data cleansing features including Config Assist Agent, Formula Builder Agent, and Expression Builder Agent.

Products and services

• HRSoft Compensation Lifecycle Management Platform Unified, purpose-built SaaS platform that streamlines the entire compensation lifecycle for enterprise customers, from compensation planning and budgeting to total rewards communication, with HRIS integrations and configurable workflows.
• HRSoft Intelligence AI-powered compensation analytics and automation platform providing autonomous HR solutions including Config Assist, Formula Builder, and Expression Builder agents, with explainable AI for compensation recommendations, data cleansing, and chatbot-assisted implementations.
• Milestone Bonus Module for tracking, calculating, and processing cash incentive payments tied to project or deal milestones, with flexible program design, automated calculations, manager allocation worksheets, real-time employee communication, and enterprise governance controls.
• Total Compensation Management Strategic planning and allocation module for base salary, bonuses, long-term incentives, and benefits, with salary management, bonus calculations, complex proration rules, and spot bonus workflows for enterprise HR teams.
• Pay for Performance Performance management module connecting performance outcomes to compensation decisions via goal setting, OKRs, check-in templates, configurable reviews, dynamic scorecards, and a performance-to-pay engine.
• Long-Term Incentive (LTI) Management Module for designing and administering long-term incentive programs including stock options and restricted stock units, with LTI allocation, deferred compensation, cash and stock-based awards, multiplier processing, automated forfeiture rules, and DocuSign integration.
• Carried Interest Module for private equity, venture capital, and property development firms to manage carried interest programs, with vehicle manager, waterfall calculations, participant self-service portal, distributions, document repository, and DocuSign integration.
• Variable Compensation / Sales Commissions Module for automating the tracking, calculation, and payout of variable pay and sales commissions, replacing manual spreadsheets with enterprise-grade calculation engines, real-time dashboards, and self-service plan management.
• Total Rewards Communication Module for communicating total rewards to employees through a branded, interactive portal with personalized statements, combined compensation and benefits breakdowns, vesting schedules, and SSO-enabled employee access.

Quantifiable outcome

• 3x-5x faster time to launch compensation plans with HRSoft Intelligence
• +6 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability4 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• CompTrakcoreStrategic or Co-development Partner · 20 June 2023HRSoft acquired CompTrak, a compensation management solution provider based in Toronto, Canada. The acquisition enhanced product offerings and expanded global market presence, supporting over one million employees across various sectors.
• UKGcoreTechnology or IntegrationUKG Pro and UKG Ready integration with HRSoft through bidirectional APIs and single sign-on capabilities. Deep integration creates an intuitive solution for managing all compensation plans.
• WorkdaycoreTechnology or IntegrationHRSoft joined the Workday Partner Program to expand compensation capabilities for financial-services organizations. Seamless integration with Workday for performance and merit planning.
• ADPcoreTechnology or IntegrationADP integration partner enabling seamless data connectivity for compensation management across HRIS platforms.
• OraclecoreTechnology or IntegrationOracle HRIS integration partner providing connectivity for compensation data management.
• SAP SuccessFactorscoreTechnology or IntegrationSAP SuccessFactors integration partner enabling compensation management connectivity.
• DocuSigncoreTechnology or IntegrationDocuSign integration for digital signatures on equity, long-term incentive, and deferral agreements. Embeds agreement creation and signature process directly within HRSoft.
• CAPminorImplementation/ SI/ Consulting PartnerConsulting partner providing implementation and compensation advisory services.
• Novo InsightsminorImplementation/ SI/ Consulting PartnerConsulting partner for compensation management advisory services.
• BetterCompminorOthersBenchmarking partner providing market compensation data and analytics.
• MercerminorOthersGlobal HR and compensation benchmarking partner providing market intelligence.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Beqom: Beqom is a direct competitor offering an enterprise compensation and total rewards management SaaS platform with similar functional breadth (salary, bonus, LTI, sales incentives) and overlapping verticals including financial services and large multinationals.
• Pave: Pave provides compensation management software combining benchmarking data, planning workflows, and total rewards communication, serving a similar mid-market to enterprise buyer with comparable subscription pricing and module structure.
• Payscale: Payscale offers compensation data, software, and services to HR teams, including a SaaS compensation management platform that overlaps with HRSoft's salary planning and benchmarking-adjacent use cases for enterprise customers.

Broad incumbents

• Workday: Workday HCM includes compensation planning modules and serves many of the same Fortune 1000 enterprises; HRSoft positions as best-of-breed against Workday's broader suite, with an explicit Workday Partner Program integration relationship.
• SAP SuccessFactors: SAP SuccessFactors Employee Central Payroll and Compensation modules cover salary planning, variable pay, and LTI workflows for global enterprises; HRSoft integrates with SuccessFactors as a complementary best-of-breed overlay.
• Oracle HCM Cloud: Oracle HCM Cloud offers compensation, performance, and workforce management modules within its broader enterprise suite; HRSoft lists Oracle as a strategic integration partner for compensation lifecycle overlays.
• UKG: UKG Pro and UKG Ready include compensation planning capabilities for enterprise and mid-market HR teams; HRSoft maintains a deep bidirectional integration with UKG for compensation plan management.
• ADP: ADP offers payroll and adjacent HR solutions including compensation tools across enterprise and SMB; HRSoft integrates with ADP to layer compensation lifecycle workflows on top of ADP HRIS/payroll data.

Emerging players

• Betterworks: Betterworks provides performance and engagement software with growing compensation workflow capabilities; HRSoft lists Betterworks as an engagement integration partner, indicating adjacent rather than direct overlap.
• Salary.com: Salary.com delivers compensation data, benchmarking, and planning tools; while historically data-focused, its CompTool planning software overlaps with HRSoft's salary management and award modeling use cases for HR teams.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HRsoft_Inc
• Facebookfacebook.com/HRsoftInc
• LinkedInlinkedin.com/company/hrsoft-inc-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HRsoft