Software Alternatives, Accelerators & Startups

Compt VS QRATES

Compare Compt VS QRATES and see what are their differences

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.

QRATES logo QRATES

Vinyl on demand - press your own music onto vinyl
  • 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.

  • QRATES Landing page
    Landing page //
    2023-10-01

Compt

Website
compt.io
$ Details
paid
Platforms
ADP Sapling BambooHR Sequoia Paylocity Paychex Paycor Gusto TriNet Zenefits Rippling Kallidus Slack Okta Google

QRATES

Website
qrates.com
Pricing URL
-
$ Details
-
Platforms
-

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

QRATES features and specs

No features have been listed yet.

Compt videos

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

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QRATES videos

Qrates Review: Collecting Contemporary Vinyl Records

More videos:

  • Review - Space Quest V vinyl crowdfunding on Qrates!

Category Popularity

0-100% (relative to Compt and QRATES)
HR Tools
100 100%
0% 0
Music
0 0%
100% 100
Productivity
38 38%
62% 62
Web App
0 0%
100% 100

Questions and Answers

As answered by people managing Compt and QRATES.

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

Share your experience with using Compt and QRATES. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, QRATES seems to be more popular. It has been mentiond 9 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Compt mentions (0)

We have not tracked any mentions of Compt yet. Tracking of Compt recommendations started around May 2022.

QRATES mentions (9)

  • Ok hear me out , I'm getting ready to do a dj set tonight and wanted to sneak some made in time land in.... I mixed in some speeches from JFK and this absolutely slaps
    I suggest going to Qrates, and take some preorders on this, Cookin’ Soul style. Source: about 1 year ago
  • Christmas punk
    You should use qrates and press up a 7-inch. I will pledge for one. Source: over 1 year ago
  • Щедрик ❄️___Christmas season is here. “Carol of the Bells” - is a popular Christmas carol, with music by Ukrainian composer Mykola Leontovych in 1914 ❄️😉
    You can even use Qrates and get your album or Christmas 7-inch pre-funded before it gets pressed! Source: over 1 year ago
  • Analogue Bubblebath 4 Vinyl Reissue CONCEPT
    Used Photoshop to cleaning up the front and back cover Qrates was used for the design. Source: almost 2 years ago
  • The Aladdin soundtrack; but in Mandarin. Is this worth anything? I recently stumbled upon this at a thrift store, and its discogs listing says it’s never been sold
    You should look into https://qrates.com. Source: over 2 years ago
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What are some alternatives?

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

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

Vinylify - Create your own personalized vinyl record online

Joon - A fun habit building app for kids

VinylWall - Rediscover record collecting

Octopus by Joy - 1st icon-based watch that teaches kids good habits and time

Level Vinyl - Find and frame your favorite albums