Integration with ADP
Compt integrates with ADP Workforce Now® and ADP TotalSource® to share employee data between solutions. After you subscribe to Compt, well instruct you on the next steps to purchase the data connector to integrate your data. Learn more about the data connector here.
Commitment to Responsible AI
Together with ADP Marketplace, our company is committed to the responsible use of AI. When incorporating AI into our product(s), we have agreed to comply with ADP Marketplaces AI principles focused on human oversight, monitoring, privacy, explainability, transparency, and mitigating bias. Learn more here.
How we use AI
- Compt's AI-powered claim verification leverages OCR (Optical Character Recognition) to streamline the reimbursement process for admins and employees. This smart technology automatically validates key details from receipts, such as merchant name, receipt date, and amount, ensuring that what employees enter in each claim is substantiated by relevant and accurate receipts.
Ultimately, this helps ensure IRS compliance, reduce human error, and reduce overall administrative burden, leading to an improved admin and employee experience.
If you have questions about how Compt uses AI, please contact us.
Personalized Employee Benefits
Compt has streamlined the entire stipend process by making stipend creation simple. Build a stipend (or several) that best suits your budget, culture, and teams needs by browsing our comprehensive list of 27 spending categories (e.g. health & wellness, professional development, remote work office equipment) and grouping the ones that apply to the stipend you want to create.
Compt users spend on:
- - Fertility treatments including IVF, IUI, and fertility medications.
- Family care benefits like childcare, family caregiving, and pet care.
- Lifestyle options for food, health & wellness, and personal treats.
- Investing in financial security (student loan repayment), mental health (therapy sessions, meditation apps), and physical health (gym memberships, wellness retreats).
- Work expenses like internet, cell phone, and professional development.
Vendor-Free Reimbursement
While big names like Amazon, Walmart, and Kroger constitute 27% of where money was spent, a whopping 73% came from 70,000+ other vendors, highlighting the power of personalized and community-focused choices.
Be vendor-free; so support that local bodega in Spain, take a class at the yoga studio around the corner in India, or sign up for Muay Thai classes in Thailand.]
Let employees choose where they want to spend their benefit
Employee Rewards and Recognition
- Traditional rewards are outdated: Gas station gift cards and cash are inefficient and time-consuming for finance teams.
- Focus on recognition and appreciation: Manager-to-employee and peer-to-peer bonuses should celebrate wins and boost employee morale.
- Quick and personalized rewards: Compt allows for instant bonus distribution for birthdays, anniversaries, or sales incentives.
- Build a strong recognition culture: Easily create and launch peer-to-peer and manager-to-employee bonus programs.
- Cashless shout-outs: You can recognize and celebrate your teams achievements without the hassle of cash-based rewards.
Expense Management
Compt simplifies your financial operations by offering:
- Unlimited expense reports and mileage tracking
- Easy-to-use expense tracking tools
- Transparent and budget-friendly pricing
- Dedicated customer support
- Seamless integration with ADP
The platform empowers you to focus on your business while Compt handles the financial details. And, it is 4x cheaper than other vendors, making it good for your business bottom line.
IRS Compliance
Compt is founded by a former CFO who understands the importance of getting tax compliance right. Our 27 categories are segmented by taxability based on IRS classifications (taxable vs. non-taxable) so your employees and your company always stay on the right side of compliance.
Compt for Global Teams
Compt extends beyond the borders of the United States, catering to the needs of global teams. Our software shows international stipends in local currencies with local time zones. Were in over 70 countries, enabling employers to support the diverse needs of their employees.
Reporting Dashboard
In addition to our robust filtering functionality for on-demand reports, we provide several essential reports front-and-center on your admin dashboard including:
- Team engagement rates
- Stipend engagement rates
- Number of perks submitted within 30 days
- Stipend program overviews for easy reference
Roles and Privileges Management
Give just the right amount of access and control with our 6 different user types.
Admin - Manage company settings and user roles.
Auditor - Pull spend and payroll reports.
Employee - Receive stipends and make claims.
Manager - Manage stipends, assign team members to groups, give spot bonuses, and add team members.
Reviewer - Approve and reject perk expenses.
Payroll Processor - Run payroll for approved perk expenses.
Desktop & Mobile Experiences
Both experiences are streamlined for users to easily access their balance information, submit perks, and view prior spending details.
Slack and Microsoft Teams Integration
Our integrations make it easy for your people to have their Compt information at their fingertips. Its a better experience for them and fewer questions for you.
Through our Slack integration, HR can:
- Notify team members of a new stipend or bonus
- Share recognition for a job well done
- Celebrate a reimbursement
Your people can use the Slack integration to:
- Check their balance, start, and end dates
- Submit new reimbursement claims
- Share their newest spend with others in the #HowICompt channel
Your people can use the MS Teams integration to:
- Share team recognition (#TeamRecognition) in MS Teams
- Share stipend claims (#HowICompt) in MS Teams