Software Alternatives, Accelerators & Startups

Compt VS Emburse

Compare Compt VS Emburse and see what are their differences

Compt logo Compt

Empower your team with Compt's Lifestyle Benefits—tailored, tax-compliant benefits that go beyond one-size-fits-all solutions to enhance personalization and reduce administrative strain.

Emburse logo Emburse

Emburse is an expense management platform that gives businesses more insight into and control over corporate expenses.
  • Compt Compt Business Expenses Dashboard
    Compt Business Expenses Dashboard //
    2024-08-21
  • Compt Compt Stipend Activity Dashboard
    Compt Stipend Activity Dashboard //
    2024-08-21
  • Compt Compt Lifestyle Benefits Dashboard
    Compt Lifestyle Benefits Dashboard //
    2024-08-21
  • Compt Compt Team Recognition Dashboard
    Compt Team Recognition Dashboard //
    2024-08-21
  • Compt Compt Professional Development Pro TM
    Compt Professional Development Pro TM //
    2025-02-24

Compt redefines workplace compensation through our pioneering Lifestyle Benefits 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, business expenses, or professional development, Compt has you covered.

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

  • Emburse Landing page
    Landing page //
    2023-05-12

Compt

Website
compt.io
$ Details
paid
Platforms
ADP Sapling BambooHR Sequoia Paylocity Paychex Paycor Gusto TriNet Zenefits Rippling Kallidus Slack Okta Google
Release Date
2018 January
Startup details
Country
United States
City
Boston
Founder(s)
Amy Spurling

Compt features and specs

  • Lifestyle Spending Account
    Flexible spending accounts that let employees choose perks that matter most to them, from fitness to family care to personal development.
  • Health & Wellness Stipend
    Empower employees to invest in their wellbeing with dedicated funds for gym memberships, mental health apps, fitness equipment, and wellness services.
  • Lifestyle benefits
    Customizable benefits that adapt to your employees' diverse needs and lifestyles, from entertainment to pet care to personal growth.
  • Professional Development Pro TM
    Accelerate career growth with dedicated funds for courses, certifications, conferences, and learning resources that advance professional skills.
  • Team Recognition
    Celebrate achievements and milestones with monetary rewards that strengthen team culture and boost morale.
  • Expense Management
    Simplify benefits administration with automated approval workflows, receipt tracking, and comprehensive spending analytics.
  • Taxable and Nontaxable perks
    Smart benefits administration that automatically categorizes and processes perks according to tax requirements, ensuring compliance.
  • Internet Reimbursement
    Support remote work productivity with automated internet expense coverage for distributed teams.
  • Cell Phone Reimbursement
    Streamline mobile device expense management with automatic reimbursements for work-related phone costs.
  • Anniversary or Birthday Bonus
    Recognize personal milestones with automated bonuses that show employees they're valued year after year.
  • Spot Bonus
    Instantly reward exceptional performance with on-the-spot monetary recognition that reinforces excellence.
  • Family Stipend
    Support work-life balance with flexible funds for childcare, eldercare, adoption, fertility treatments, and family needs.
  • Food Stipend
    Keep teams energized with meal allowances for office lunches, remote work, or team celebrations.
  • Remote Office Equipment Stipend
    Enable productive home offices with stipends for ergonomic furniture, tech equipment, and work-from-home essentials.
  • Employee Perks

Emburse features and specs

  • User-Friendly Interface
    Emburse offers an intuitive and easy-to-navigate interface that makes it simple for users to manage expenses and invoices without extensive training.
  • Automated Expense Management
    The platform provides robust automation features, such as automatic receipt scanning and categorization, which save time and reduce manual data entry errors.
  • Integration Capabilities
    Emburse integrates seamlessly with a variety of accounting and enterprise resource planning (ERP) systems, improving workflow efficiency and data consistency.
  • Compliance and Policy Enforcement
    Emburse includes tools to enforce company spending policies and ensure compliance with financial regulations, reducing the risk of fraudulent activities.
  • Advanced Reporting and Analytics
    The platform offers comprehensive reporting and analytics features, enabling detailed insights into spending patterns and financial performance, aiding strategic decision-making.

Possible disadvantages of Emburse

  • Cost
    Emburse can be expensive for small businesses or startups, especially given the cost of additional features and integrations.
  • Complex Setup
    Initial setup and customization can be complex and time-consuming, potentially requiring dedicated IT resources or onboarding support.
  • Learning Curve
    Despite its user-friendly nature, certain advanced features might have a learning curve, necessitating user training and ongoing support.
  • Integration Issues
    While Emburse offers strong integration capabilities, there can sometimes be issues with syncing data across different platforms, which may lead to inconsistencies.
  • Customer Support
    Some users have reported that customer support can be slow or less responsive, particularly during high-demand periods, impacting timely issue resolution.

Compt videos

Discover Compt: Personalized Employee Lifestyle Benefits for Modern Workplaces

Emburse videos

Emburse - Corporate Cards With Expense Rules

More videos:

  • Review - Emburse Chrome River Expense Review: Easy Expenses
  • Review - Emburse Solutions

Category Popularity

0-100% (relative to Compt and Emburse)
Employee Rewards And Recognition
Expense Management And Reporting
HR Tools
100 100%
0% 0
Expense Tracking
0 0%
100% 100

Questions and Answers

As answered by people managing Compt and Emburse.

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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What are some alternatives?

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

Espresa - Espresa is a cloud platform and service provider network that improves work-life balance for employees.

Expensify - Import expenses directly from a credit card to create free expense reports quickly. Approve reports online and reimburse directly to a checking account with one click.

Joon - A fun habit building app for kids

Abacus - Expenses without the 'expense report'

Guusto - Guusto is an easy-to-go and straightforward platform that helps companies to build their employee recognition and customer reward programs.

Spendesk - Smart spending solution for agile teams