What CompTrak does

CompTrak is a cloud-based SaaS provider focused on compensation management, equity plan management, and total rewards statements, founded in 2012 and headquartered in Toronto, Canada. The platform operates as a unified, module-based architecture with Total Compensation Management at its core, extended by modules for Pay for Performance, Long Term Incentive Management, Modeling and Calibration, Milestone Bonus, Total Rewards Communication, Variable Compensation, Carried Interest, Budgeting, Compensation Statements, and Pay Equity Analysis. An AI-powered module (HRSoft Intelligence) adds smart modeling, chatbot-assisted implementations, and data cleansing. The company is co-founded by Lasse Silegren (COO) and Perry Doody (founding partner), with a headcount in the 11-50 range.

The product is delivered as a subscription SaaS with quote-based pricing across three tiers (Grow, Scale, Elevate) calibrated to customer maturity: Grow for spreadsheet migrations, Scale for multi-country operations with complex automation, and Elevate for large global enterprises requiring up to 12 compensation cycles per year, multi-currency conversions, and multi-language statements. The go-to-market is direct enterprise field sales supported by a partner ecosystem of HRIS vendors (Workday, UKG, ADP, Oracle, SAP SuccessFactors), benchmarking providers (Mercer, BetterComp), pay equity specialists (Trusaic), and implementation consultancies (Novo Insights, Game Plan). Target verticals span financial services, investment management, technology, manufacturing, healthcare, retail, and consumer goods, with named enterprise customers including Walmart Canada, AIG, RBC, AbbVie, Bacardi, DaVita, Nintendo, Ameriprise Financial, and JS Held. The company cites zero failed implementations, a 98% retention rate, and operates across 80+ countries with GDPR, EU-U.S./UK/Swiss Data Privacy Framework, and SOC compliance.

Name

CompTrak

Legal name

HRsoft, Inc.

Website

https://comptrak.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

CompTrak is a Toronto-based cloud SaaS provider founded in 2012 offering compensation management, equity plan management, and total rewards statement software for mid-market and enterprise customers across financial services, healthcare, retail, and investment management.

Ownership category

akta.pro rank

Product category

Compensation Management Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Expense Management & Reimbursements Administration (BPACAIAH)

Keywords

• Compensation management software
• Equity plan management
• Total rewards statements
• Variable pay management
• Long-term incentive management

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription Licensing: HRSoft operates as a cloud-based SaaS platform with subscription-based pricing. Three tiers (Grow, Scale, Elevate) offer escalating features and support levels. Pricing is quote-based and customized to organization size and requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

CompTrak provides cloud-based software solutions for compensation management, equity plan management, and total rewards statements. The platform unifies salary, bonus, long-term incentive, milestone bonus, variable compensation, carried interest, modeling and calibration, and total rewards communication in a single SaaS application, with A

Product overview

HRSoft is a unified, purpose-built SaaS platform designed to streamline the entire compensation lifecycle. The platform operates as a platform-plus-modules architecture with the core Total Compensation Management module at its center, complemented by specialized modules including Pay for Performance, Long Term Incentive Management, Modeling and Calibration, Milestone Bonus, Total Rewards Communication, Carried Interest, Variable Compensation Software, HRSoft Intelligence (AI-powered), Planning Tools, International Capabilities, Administrative Features, Budgeting, Compensation Statements, and Pay Equity Analysis. The company offers three pricing tiers (GROW, SCALE, ELEVATE) designed to support organizations at different stages of compensation maturity, from initial spreadsheet replacement through enterprise-level global compensation strategy management.

Differentiator

Problem solved

Functional benefit

Brands

• COMPview: Trademark - compensation management software component
• REWARDview

Products and services

• Total Compensation Management Core compensation planning module covering salary management, bonus calculations and allocations, complex proration rules, and spot bonus workflows for unified compensation planning across the organization.
• Pay for Performance Performance management module with objective and goal-setting processes, check-in templates, goals and OKRs, and configurable performance tracking and review templates tied to compensation outcomes.
• Long Term Incentive Management Comprehensive LTI module handling award agreements, deferred compensation, LTI award lifecycle tracking, and LTI allocation for equity and long-term incentive programs.
• Modeling and Calibration Award modeling tool supporting cash-based, stock-based, and appreciation-based compensation calculations for compensation planning and budget simulations.
• Milestone Bonus Flexible milestone bonus program management with automated calculations, manager tools, employee communication, and governance and security features.
• Total Rewards Communication Unified rewards platform with custom branding, communication hierarchy, and integrations for employee total rewards statements and communication.
• Carried Interest Specialized module for private equity and investment management covering vehicle manager, distributions, participant portal, and document repository for carried interest programs.
• Variable Compensation Software Variable pay management featuring automated precision, enhanced transparency, self-serve capabilities, and scalability for commission, bonus, and incentive programs.
• HRSoft Intelligence AI-powered compensation intelligence module offering AI Smart Modeling, chatbot-assisted implementations, and data cleansing for intelligent compensation analysis.
• Pay Equity Analysis Pay equity analysis software enabling organizations to analyze workforce compensation for gender, race, or ethnicity-based pay gaps using regression analysis with actionable insights for federal, state, and local reporting.

Quantifiable outcome

• 2X ROI achieved by customers like USI Insurance Services
• +3 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability5 records

Feature11 records

Partnerships

Ten partnerships are on record, tiered core and strategic.

• UKGcoreTechnology or IntegrationHRSoft is an MVP Partner with UKG, recognized as a leading provider in solving advanced compensation requirements with easy-to-use integration with both UKG Pro and UKG Ready. Recommended for companies with 3,000-15,000 employees. Customers include Nintendo and USI Insurance Services.
• WorkdaycoreTechnology or IntegrationHRSoft extends Workday's HCM capabilities with powerful platform for managing complex compensation including carried interest, LTIPs, variable pay, and executive rewards. With seamless REST API integration, global currency support, and real-time analytics. Recommended for companies with 2,000+ employees. Customers include DaVita, Ameriprise Financial, and RBC.
• ADPcoreTechnology or IntegrationADP Marketplace Silver Partner. HRSoft partners with ADP customers on Workforce Now, ADP Next Gen and ADP Vantage providing tailored compensation suite. Recommended for companies with 500-5,000 employees in Insurance, Business Services, Food and Beverage industries.
• OraclecoreTechnology or IntegrationHRSoft partners with Oracle providing complete compensation and pay for performance solution that easily integrates with both PeopleSoft and Oracle Fusion platforms. Recommended for companies with 5,000+ employees in Financial Services, Manufacturing, Distribution, Retail, Energy, Construction.
• SAP SuccessFactorscoreTechnology or IntegrationHRSoft partners with SAP SuccessFactors helping customers maintain cost-effective and flexible compensation solution aligned to global and financial growth strategies. Recommended Elevate package for High Tech industry.
• MercerstrategicTechnology or IntegrationFor customers starting out on their compensation journey, HRSoft has partnered with Mercer to provide seamless approach for obtaining industry-specific market data paired with compensation planning platform.
• BetterCompstrategicTechnology or IntegrationDecades of compensation and market pricing experience paired with revolutionary approach to comp-tech make BetterComp the solution comp teams need. Provides feature-rich platform architecture for scaling with multiple data sets and market pricing analysis.
• Novo InsightsstrategicImplementation/ SI/ Consulting PartnerFor customers with gap in compensation team, Novo Insights provides unique and flexible consulting engagement with dynamic compensation experts for compensation strategy, data management, and system implementation. Services include Job Architecture, Compensation Solution Implementations, Sales Performance Plans.
• Game Plan Total Rewards Consulting Inc.strategicImplementation/ SI/ Consulting PartnerGlobal Total Rewards/HR consultancy helping organizations optimize compensation, HR systems, and workplace mental health. Founded by Sean Raible with 25+ years experience. Supports Technology, Industrial, Mining, CPG, Aviation, BioTech, Start-Ups, Fortune 500, Non-Profits.
• TrusaicstrategicTechnology or IntegrationPay Equity partner empowering organizations to create more equitable working world. Robust software solutions for pay and opportunity equity, recruiting and hiring diversity, affordable healthcare access. Serves Tech/FinTech, Bio/Pharma/Life Sciences, Professional Services, Healthcare, Hospitality, Engineering with 99+ compliance score.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Salary.com: Salary.com provides compensation data, pay equity, and merit cycle planning tools for HR teams in a comparable cloud SaaS model. Like HRSoft, it pairs market data (similar to HRSoft's Mercer/BetterComp partnerships) with planning modules, addressing the same compensation persona.
• PayScale: PayScale offers compensation data, merit cycles, and pay-equity analytics to mid-market and enterprise HR teams. Its Compensation Management suite targets similar compensation planning workflows and pricing tier is also quote-based on organization size.
• Beqom: Beqom is a purpose-built cloud compensation and rewards platform specializing in total compensation, variable pay, and pay-equity scenarios for global enterprises. Closest direct competitor to HRSoft's CompView/REWARDview modules, including carried interest and executive comp.
• Xactly: Xactly (now Anaplan) is a specialist in sales/variable compensation management, incentives, and territory planning, closely paralleling HRSoft's Variable Compensation Software and Carried Interest modules. Comparable buyer (Total Rewards/Finance) and quote-based enterprise SaaS model.
• Betterworks: Betterworks sells performance/OKR and pay-for-performance software with configurable review and goal workflows that compete with HRSoft's Pay for Performance module. Listed as an Engagement partner on HRSoft's partner page but functionally overlaps on compensation-adjacent performance management.

Broad incumbents

• UKG: UKG Pro and UKG Ready HCM suites target the same mid-market and enterprise buyers (3,000-15,000 employees per UKG MVP partnership). HRSoft is an MVP Partner integrating compensation planning on top of UKG, making UKG both partner and broad incumbent competitor.
• Workday: Workday is the dominant cloud HCM suite whose Compensation Planning module overlaps directly with HRSoft's core modules. It is both a partner (REST API integration referenced by RBC and DaVita cases) and the most credible broad incumbent that could subsume comp functionality.
• ADP: ADP Workforce Now, Next Gen and Vantage HCM suites include compensation planning; HRSoft is a Silver Partner on ADP Marketplace. ADP is both a major distribution channel and a broad incumbent whose embedded comp features compete for the same buyer budget.
• Oracle HCM Cloud: Oracle Fusion HCM and PeopleSoft include compensation planning, workforce budgeting, and equity; HRSoft is an Oracle partner for these environments, positioning Oracle as both a go-to-market channel and a broad incumbent competitor.
• SAP SuccessFactors: SAP SuccessFactors Employee Central Payroll and Compensation modules overlap with HRSoft offerings; HRSoft is a Core technology partner, so SAP sits both as a distribution channel and as a broad incumbent that could expand embedded comp functionality.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/HRsoft123
• LinkedInlinkedin.com/company/hrsoft-talent-management-software
• Xx.com/CompTrak
• Facebookfacebook.com/CompTrak

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about CompTrak