CompAccelerator vs. SimplyMerit Comparison Chart

SimplyMerit® is a real-time HR Compensation Management solution that engages leaders and empowers managers to optimize their Merit budgets, Bonus pools, and Equity grants. We can have you LIVE IN FIVE days or less! Think of it… no more errors, no more headaches of managing hundreds of spreadsheets, no more security worries! SimplyMerit manages the currency conversions, applies the configurable prorations, manages the approval workflow, and even generates and distributes your adjustment letters. The simple and intuitive interface provides for a natural and deliberate workflow for merit pay adjustment requests and approvals. Our thoughtful design guides managers through the process every step of the way virtually eliminating the need for training. Numerous guidelines and compensation management recommendations established by HR in the configuration phase are readily available to managers throughout the application.