Software Alternatives, Accelerators & Startups

Awardco VS Compt

Compare Awardco VS Compt and see what are their differences

Awardco logo Awardco

Rewards & recognition platform to drive employee engagement

Compt logo Compt

Empower your team with Compt's Lifestyle Spending Accounts—tailored, tax-compliant benefits that go beyond one-size-fits-all solutions to enhance personalization and reduce administrative strain.
  • Awardco Landing page
    Landing page //
    2023-01-05
  • Compt Landing page
    Landing page //
    2023-08-15

Compt redefines workplace compensation through our pioneering Lifestyle Spending Accounts platform, designed to provide highly flexible, inclusive, and personalized employee benefits. In today’s evolving work environment, traditional benefits like fair pay and health insurance are just the starting point. To truly stand out, support your workforce, and retain top talent, offering benefits that resonate with individual lifestyles is crucial. Developed by seasoned HR professionals, Compt’s platform is both user-friendly and fully tax-compliant, ensuring a seamless integration into your existing systems.

Compt's stipend categories allow you to create a program that adapts to diverse employee needs, transforming how benefits are perceived and utilized within the company. Whether it’s wellness, family, continuous learning, or more, Compt enables every employee to choose benefits that matter most to them, enhancing satisfaction and loyalty.

Founded by an experienced leader with a background as a CFO and COO, and recognized by SHRM as the top HR Tech Platform, Compt is committed to setting new standards in employee benefits. Our approach not only wins the approval of HR departments but also earns the trust and appreciation of CFOs across industries.

Whether it's LSAs, rewards and recognition, or business expenses, Compt has you covered.

Choose Compt, where benefits meet the real-world needs of every employee, driving engagement and fostering a truly supportive workplace.

Awardco features and specs

No features have been listed yet.

Compt features and specs

  • Lifestyle Spending Account: Yes
  • Health & Wellness Stipend: Yes
  • Lifestyle benefits: Yes
  • Personal & Professional Development Stipend: Yes
  • Taxable and Nontaxable perks: Yes
  • Internet Reimbursement: Yes
  • Cell Phone Reimbursement: Yes
  • Anniversary or Birthday Bonus: Yes
  • Spot Bonus: Yes
  • Team Recognition: Yes
  • Family Stipend: Yes
  • Food Stipend: Yes
  • Remote Office Equipment Stipend: Yes
  • Employee Perks: Yes
  • Expense Management: Yes

Awardco videos

Awardco & Amazon Business: Discover the Details

More videos:

  • Review - Awardco 101: Introduction to the Platform

Compt videos

No Compt videos yet. You could help us improve this page by suggesting one.

+ Add video

Category Popularity

0-100% (relative to Awardco and Compt)
HR
82 82%
18% 18
HR Tools
67 67%
33% 33
Employee Rewards And Recognition
Business & Commerce
100 100%
0% 0

Questions and Answers

As answered by people managing Awardco and Compt.

What's the story behind your product?

Compt's answer:

Compt was founded in 2018 with the vision of revolutionizing the employee benefits landscape by introducing a more personalized and flexible approach to benefits reimbursement.

Founder and CEO, Amy Spurling, also a 3-time former CFO and 2-time COO, recognized that traditional benefits programs often lacked customization and failed to address the diverse needs and preferences of employees. With this realization, she set out to create a platform that empowers employees to choose benefits that align with their individual lifestyles, ultimately leading to increased job satisfaction and engagement.

From its inception, Compt has aimed to provide a solution that not only benefits employees but also addresses the challenges faced by employers in managing and administering benefits. The platform is designed to be user-friendly and simplify the reimbursement process, integrating seamlessly with existing HR systems, and providing valuable insights into employee spending patterns.

As the company evolves, it continues to refine its offerings based on user feedback, industry trends, and the changing landscape of work. Today, Compt's platform consists of three pillars: stipends, rewards & recognition, and expense management.

Throughout its journey, Compt has focused on educating both employees and employers about the benefits of its personalized approach and the positive impact it has on company culture and employee well-being. Compt is a leader in the employee lifestyle benefits reimbursement space.

What makes your product unique?

Compt's answer:

At Compt, we redefine employee benefits with our Lifestyle Benefits Reimbursement Platform, crafted to embrace personalization and flexibility. Our platform empowers employees to choose lifestyle benefits that truly resonate with their individual needs, driving unprecedented engagement and satisfaction.

What truly distinguishes Compt is our commitment to choice and simplicity. Without the hassle of managing vendors or cards, our platform grants employees the freedom to allocate funds across a broad spectrum of expenses. This flexibility not only enhances personal choice but also ensures that every employee can benefit in a way that makes sense for them. Our reimbursement model places the power directly in the hands of employees, allowing them to dictate how and when their benefits are used, all while navigating the complexities of IRS compliance with ease.

Integration with existing HR and payroll systems is seamless with Compt, significantly reducing administrative burdens. We also prioritize educational resources to help employees fully leverage their benefits, enhancing both understanding and utilization. Our platform offers valuable insights into spending trends, enabling employers to continuously adapt and improve their offerings.

With Compt, over 90% of users actively engage with their Lifestyle Spending Accounts, a testament to our platform's effectiveness and the tangible impact it has on employee morale and retention. Experience the Compt difference, where benefits are more than just perks—they're a personalized path to a happier, more fulfilled workforce.

Why should a person choose your product over its competitors?

Compt's answer:

Compt stands out in the employee benefits landscape through our deeply personalized approach, empowering employees to customize their benefits to match their unique lifestyles. This personalization drives unparalleled satisfaction and engagement, as demonstrated by the diversity of choices our platform offers. In 2023, Compt users utilized their stipends at over 70,000 different vendors—a feat unmanageable in a traditional marketplace setup.

Our platform's user-friendly interface streamlines the reimbursement process, making tracking and managing spending effortless. For HR teams managing tight budgets, Compt merges stipends, rewards, recognition, and expense management into one integrated solution, providing all these services at a fraction of the cost of competing tools.

Seamless integration with existing HR systems boosts administrative efficiency, while our commitment to education ensures employees have the knowledge to maximize their benefits fully. Compt also provides valuable insights into spending trends, helping employers continuously tailor their benefits offerings to meet evolving needs.

For those who value customization, flexibility, ease of use, and insightful data, Compt represents the optimal choice in modern employee benefits platforms.

Who are some of the biggest customers of your product?

Compt's answer:

-Masterclass -Carrot -VTS -Large Midwest Hospital Network (unnamed for privacy reasons) -Fictiv -Column -ButterflyMX -Large Commercial Consumption Manufacturer (unnamed for privacy reasons) -and more!

How would you describe your primary audience?

Compt's answer:

Compt is crafted for HR professionals by those who know the industry best, ensuring our solutions align perfectly with the needs of those managing employee benefits. Our platform is also highly valued by finance teams for its efficiency and cost-effectiveness.

Our primary audience includes progressive companies committed to enhancing their employee benefits with innovative, adaptable solutions. These organizations prioritize customization and employee satisfaction to attract and retain top talent by providing benefits that align with individual preferences.

Compt is also an ideal choice for brokers and is recognized as a top trusted partner on the ADP Marketplace, highlighting our commitment to quality and trust in the professional space. Our platform caters exceptionally well to companies that value employee well-being, engagement, and a balanced work-life dynamic, and it is particularly suited for businesses with remote, hybrid, or globally distributed workforces.

Additionally, our solutions appeal to organizations looking for streamlined administrative processes and data-driven insights to optimize their benefits offerings. Overall, Compt's audience includes forward-thinking companies and industry professionals seeking to transcend traditional benefits models and implement truly responsive and tailored benefit solutions.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Awardco and Compt

Awardco Reviews

13 Employee Recognition Software Used Widely Across The Globe
The tool offers a wide range of choices to companies to reward their employees as per their interests, and avoid taking a one-size-fits-all approach. Awardco’s reward network includes Amazon Business (a mind-boggling range of gift choices) and you can use your reward points for company swag stores, tickets, hotels, gift cards, and charitable donations.Â
The Best Employee Recognition Software Platforms & Reward Programs Used By Notable Companies In 2022
Awardco offers a huge selection of employee rewards designed to make recognition, appreciation, and celebration a staple of your company culture. They also created a seamless integration with Amazon Business which means the potential employee rewards will make your head spin. Perfect for finding that right gift or experience based on your individual employees’ interests.
Source: snacknation.com
10 Best Employee Recognition Platforms To Celebrate Top Talent In 2022
Many companies are dealing with high turnover in an ultra competitive labor market. Customers like Ford, JPMorgan Chase, Pinterest, and Chick-fil-A use Awardco to build culture and retain the people they can’t afford to lose. Best for organizations with over 100 employees, Awardco helps build world-class programs that make a big impact on the bottom line. With Awardco,...

Compt Reviews

We have no reviews of Compt yet.
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What are some alternatives?

When comparing Awardco and Compt, you can also consider the following products

Bonusly - Recognition and rewards that make work fun

ThrivePass - ThrivePass is a corporate wellness program in the form of a Wellness Savings Account.

Kudos - Kudos is the simple and easy to use employee recognition software that enhances employee engagement and team communication.

Joon - A fun habit building app for kids

Fond - Fond employee engagement platform helps companies increase employee happiness with recognition, rewards, perks and survey programs to maximize impact..

Emburse - Emburse is an expense management platform that gives businesses more insight into and control over corporate expenses.