Coverflex VS CompensationXL

Coverflex is on a mission to improve the way companies compensate their people, making it more transparent, flexible and easier for everyone to make the most of what they get.

Through a fully digital solution, Coverflex helps companies manage every part of compensation beyond salary — benefits, insurance, meal allowance and exclusive discounts — while empowering people to spend on what suits them best.

Web-based software for automating the compensation planning process. Maximize your pay-for-performance spending to engage employees on the right corporate goals. Reduce administrative labor associated with creating budget workbooks, distributing them to managers, auditing them when they return, and rolling them up to create summary reporting. CompensationXL will automate your process, with your formulas and data points, and will supply your team with standard and custom reports. The solution is flexible, affordable, secure, and scaleable. You can have compensation software your way, with CompensationXL. Integrates with any HRMS including ADP, Ceridian, Peoplesoft, SAP, and more.