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SPECIFICTION
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OpenComp vs Ravio

OpenComp

opencomp.com

Ravio

ravio.com

Side by side

FigureOpenCompRavio
Price fromFree£450/mo
Free planYes—
Free trialYes—
Open source——
WebYesYes
APIYes—
Plans published41
Spec score · Salary Benchmarking Software8.2 (#2)6.9 (#25)
Spec score · Compensation Management Software8.3 (#2)7.0 (#18)
Spec score · Pay Transparency Software8.3 (#6)7.1 (#28)
IntegrationsOpenComp says it supports connections with more than 30 HRIS products and can also accept CSV employee uploads.Ravio’s integrations page lists 175 HRIS, ATS, and equity or cap-table connections, including Workday, BambooHR, Ashby, and Carta.
Intended usersThe company says it automates spreadsheet-based compensation work to help HR professionals become proactive and strategic about pay.Ravio says its tools are for compensation leaders and describes support for HR, Reward, and People teams making compensation decisions.
Pay equityThe platform analyzes compensation disparities by gender and ethnicity and tracks changes over time.The Pay Equity module visualises adjusted and unadjusted pay gaps, analyzes root causes, and tracks metrics for EU Pay Transparency Directive reporting.
SecurityOpenComp says it uses access controls, data encryption, security certifications and system audits to protect compensation data.Ravio says customer data is encrypted in transit and at rest, its benchmark data is aggregated and anonymised, and it uses Vanta for real-time compliance and security monitoring.

Plans

OpenComp

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

OpenComp pricing →

Ravio

  • Benchmarking£5,400 a year

Ravio 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

Ravio

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

Visit ravio.com