Forma.ai vs Lumity
Forma.ai
forma.aiLumity
lumity.comSide by side
| Figure | Forma.ai | Lumity |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 3 | 1 |
| Spec score · Employee Benefits Support Software | 7.9 (#4) | 7.1 (#14) |
| Compliance | Forma.ai says it undergoes annual certifications and audits for SOC 1 and SOC 2 compliance. | Lumity offers compliance calendar support covering Form 5500, 1095 notices, required plan documents, SFHCSO, Medicare Part D, and nondiscrimination testing. |
| Headquarters | Toronto, Ontario, Canada | The contact page lists Lumity, Inc. at 584 Castro Street #3161, San Francisco, CA 94114. |
| Integrations | Forma.ai advertises more than 200 pre-built integrations for CRM, ERP, HRIS and other sources; another product page states 600+ available integrations. | Lumity says its solution works with existing payroll, HRIS, benefits administration, HSA/FSA/commuter, COBRA, and compliance processes. |
| Product | Forma.ai is AI-powered enterprise sales compensation software combining sales planning with incentive compensation. | Lumity is a digital employee benefits broker and platform that manages benefits administration, renewals, employee questions, and compliance. |
| Security | Security controls include vulnerability management, user authentication checks, third-party penetration testing, and encryption for data at rest and in transit. | Lumity describes its document hub as secure and searchable, and says Okta integration provides secure access to the enrollment platform. |
| Support | Forma.ai lists phone support at +1 (833) 367-6224 and email support at [email protected]. | Customers can contact Lumity support by phone at 1-844-2-LUMITY. |
Plans
Forma.ai
- AI-ConfiguratorPriced on request
- CompOps PlatformPriced on request
- Onboarding & ImplementationPrice not published
In their own words
Forma.ai
Forma.ai is AI-powered enterprise sales compensation software that combines sales planning and incentive compensation. Its platform brings territory planning, quota setting, and incentive programs into one data platform. Users can configure incentive structures with AI-powered tools and guided templates without technical skills, then test changes through financial modeling and deploy modeled changes instantly. The platform can ingest, validate, clean, and transform data from an unconstrained number of sources; its homepage states it has 600+ pre-built integrations. Automated workflows cover compensation tasks, approvals, exceptions, and disputes. Reporting includes payee and performance results, accruals, commission amortization, compensation budgets, and performance forecasts. Forma.ai describes the product as built for complex go-to-market organizations and global enterprises. It says it undergoes annual SOC 1 and SOC 2 certifications and audits, and lists controls including encryption at rest and in transit. Pricing is available through tailored proposals; onboarding and implementation are a one-time fee. Forma AI is also available as an Android app.