HRsoft
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.
- Company typePrivate
- Founded2017
- HeadquartersDenver, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
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.
HRsoft firmographics
Firmographics- 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
HRsoft industry classification
Industry- 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
Where HRsoft is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
HRsoft business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription with modular pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
HRsoft product offering
Product offeringCore 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
Companies that use HRsoft
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles5 records
HRsoft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability4 records
Feature8 records
HRsoft partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- CompTrakcoreHRSoft 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.
- UKGcoreUKG 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.
- WorkdaycoreHRSoft joined the Workday Partner Program to expand compensation capabilities for financial-services organizations. Seamless integration with Workday for performance and merit planning.
- ADPcoreADP integration partner enabling seamless data connectivity for compensation management across HRIS platforms.
- OraclecoreOracle HRIS integration partner providing connectivity for compensation data management.
- SAP SuccessFactorscoreSAP SuccessFactors integration partner enabling compensation management connectivity.
- DocuSigncoreDocuSign integration for digital signatures on equity, long-term incentive, and deferral agreements. Embeds agreement creation and signature process directly within HRSoft.
- CAPminorConsulting partner providing implementation and compensation advisory services.
- Novo InsightsminorConsulting partner for compensation management advisory services.
- BetterCompminorBenchmarking partner providing market compensation data and analytics.
- MercerminorGlobal HR and compensation benchmarking partner providing market intelligence.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
HRsoft competitors and assessment
Company assessmentDirect 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
HRsoft social profiles
Digital presenceHRsoft compliance and trust
Trust signalCompliance2 records
HRsoft financial estimates
Financial estimateRevenue estimate
Valuation estimate
HRsoft leadership team
Management profileNumber of profiles
Profiles14 records
HRsoft subsidiaries and ownership
Company hierarchySubsidiaries1 record
HRsoft funding detail
Funding detailFunding overview
Funding rounds6 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HRsoft M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HRsoft
What does HRsoft do?
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.
Is HRsoft a public or private company?
HRsoft is a private company. It is classified as private equity controlled and is currently operating.
When was HRsoft founded?
HRsoft was founded in 2017. It employs 51 to 100 people.
Where is HRsoft based?
HRsoft is headquartered in Denver, United States, in the North America region.
How does HRsoft make money?
One revenue line is on record: saaS Subscription Licensing.
Who are HRsoft's main competitors?
Direct peers on record are Beqom, Pave and Payscale. Broad incumbents are Workday, SAP SuccessFactors, Oracle HCM Cloud, UKG and ADP. Emerging players are Betterworks and Salary.com.
Does HRsoft have an API?
No public API is recorded for HRsoft.
What industry is HRsoft in?
HRsoft's product category is Compensation Management Software. Its primary akta.pro industry code is BPACAKAL, Compensation & Performance Administration Outsourcing (annual cycles, merit, reviews), with a secondary code of BPACAKAC, HR Operations Administration (HRIS Admin, Records, Employee Data Mgmt). Its NAICS code is 541214 and its SIC code is 7372.