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SPECIFICTION
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OpenComp vs PayReview

OpenComp

opencomp.com

PayReview

payreview.com

Side by side

FigureOpenCompPayReview
Price fromFree$416.67/mo
Free planYes—
Free trialYes—
Open source——
WebYesYes
APIYes—
Plans published43
Spec score · Compensation Management Software8.3 (#2)7.4 (#9)
Spec score · Pay Transparency Software8.3 (#6)7.4 (#24)
HeadquartersCrunchbase lists headquarters in San Francisco, California, United States.Denver, Colorado, United States
IntegrationsOpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads.The site names Workday, BambooHR, Rippling, and ADP Workforce Now as HRIS examples, and ADP, Gusto, Paychex, and Rippling as payroll examples.
Intended usersThe company says it automates spreadsheet-based compensation work to help HR professionals become proactive and strategic about pay.The site describes the product for HR, Finance, and managers, with Standard sized for organizations up to 3,000 employees and Enterprise for larger organizations or advanced needs.
SecurityOpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data.The security page says data is hosted on Microsoft Azure, encrypted in transit with TLS 1.2 or higher and at rest with AES-256, with MFA required for administrative access.

Plans

OpenComp

  • Comp CyclesFree
  • Comp BenchmarkingPriced on request
  • Comp CyclesPriced on request
  • Comp StrategyPriced on request

OpenComp pricing →

PayReview

  • Standard$5,000 a year
  • EnterprisePriced on request
  • Get ReadyPriced on request

PayReview pricing →

In their own words

OpenComp

OpenComp is compensation decision software for setting pay and managing compensation workflows. It brings together salary, bonus and equity market information for roles across an organization with company pay data synced regularly from HRIS, equity management and payroll systems. Benchmarking can compare pay plans with OpenComp data or a third-party source; its matching process normalizes, levels and matches employee data for comparable benchmarks. The platform includes salary review and approval workflows, budget controls, compensation bands and an audit trail. Headcount models estimate future cash burn and dilution using staffing needs, pay strategy and industry benchmarks. Total Rewards Statements can show employees salary, bonuses, equity and merit increases in a visual report. OpenComp lists Comp Benchmarking, Comp Strategy and Comp Cycles bundles. Comp Cycles is listed at free; paid pricing is on request, with a 14-day trial. The product runs on the web.

Visit opencomp.com

PayReview

PayReview has no write-up on Specifiction yet; its figures are above.

Visit payreview.com