Dispute & Discrepancy Resolution|
Ensure Compensation Plan Credibility By Automating Discrepancy Management
If variable compensation and incentive plan participants or their managers identify a pay-out calculation discrepancy, they want the analysis and adjustments to be completed quickly and accurately. Incentive plan administrators want discrepancy dispute resolution to be easy, fast, accurate and auditable. Managers want employees motivated by their results, not de-motivated by slow and onerous adjustment processes.
Fast and accurate incentive plan discrepancy dispute resolution saves money, improves plan credibility, and dramatically increases incentive effectiveness.
"The biggest credibility-killer in incentive compensation management is an un-transparent,
unresponsive, and unreliable workforce pay-out discrepancy dispute resolution process. The Strategix solution
completely automates this and resolves the challenge. Now, workforce members can easily create resolution
requests, and we can all track each one through to resolution. This capability is a very high-
profile confidence and credibility builder for our incentive, bonus and reward programs. It is an awesome
capability that we could absolutely not do without."
EVP Sales & Service
Top Tier Financial Institution
StrategixEPM™ provides unmatched capabilities for plan participants, managers and administrators to:
- Report performance results on user-friendly web-based Scorecard reports
- Validate incentive calculations against plan documentation
- Research underlying/enabling source data records, on-line, to self-verify accuracy and completeness
- Register and log calculation discrepancy issues on-line, real-time, anytime
- Audit and edit underlying source data to correct data discrepancies or errors
- Track and document discrepancy/dispute resolution history on-line, real-time
- Resolve discrepancy disputes, and
- Rapidly recalculate incentive calculation results
StrategixEPM™ is an unparalleled world-class solution for Variable Compensation Automation, and has been on the market longer than any other system. Over a nearly quarter-century history, millions of incentive results and reports have been produced with StrategixEPM™, at hundreds of thousands of sites, at hundreds of enterprises.
The Value and Benefits of StrategixEPM™ Incentive Automation:
- One of the most powerful systems in the world,
- Supported by the most experienced team in the business.
- Continuity, reliability, and expertise: thousands of incentive plans implemented
- Fastest implementation and deployment
- Field-proven best-of-breed processes, resources, and workflows
For a demonstration of StrategixEPM™ Variable Compensation Dispute Resolution capabilities, contact us.