Software Alternatives, Accelerators & Startups

Compt VS Fond

Compare Compt VS Fond 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.

Fond logo Fond

Fond employee engagement platform helps companies increase employee happiness with recognition, rewards, perks and survey programs to maximize impact..
  • 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.

  • Fond Landing page
    Landing page //
    2023-02-04

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

Fond

Website
fond.co
$ Details
-
Platforms
-
Release Date
-

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

Fond features and specs

  • Comprehensive Employee Recognition
    Fond offers a wide range of recognition tools such as social recognition, rewards, and performance incentives, allowing companies to celebrate employee achievements in various forms.
  • User-Friendly Interface
    The platform boasts an intuitive interface that makes it easy for users to navigate and utilize its features, which can lead to higher adoption rates among employees.
  • Broad Selection of Rewards
    Fond partners with numerous brands and services, providing employees with a diverse selection of rewards that can appeal to various personal preferences and needs.
  • Integration Capabilities
    Fond can integrate with a variety of HR systems and tools, helping to streamline processes and improve efficiency through seamless data synchronization.

Possible disadvantages of Fond

  • Cost
    Fond can be expensive, especially for smaller businesses or startups with limited budgets, which might find it difficult to justify the investment.
  • Customization Limitations
    Although Fond offers various features, some users may find the customization options to be limited, potentially hindering the ability to tailor the platform to specific organizational needs.
  • Dependency on Internet Connectivity
    As an online platform, Fond requires a stable internet connection for optimal performance, which can be a limitation for organizations in areas with unreliable internet access.
  • Onboarding and Training
    While the user interface is generally user-friendly, the initial setup and training required to fully leverage the platform's capabilities can be time-consuming and require significant effort.

Compt videos

Discover Compt: Personalized Employee Lifestyle Benefits for Modern Workplaces

Fond videos

FOND DE TEN VICHY MINERALBLEND REVIEW + PURTARE 7 ZILE l OANA FESNIC

More videos:

  • Review - Review TEST - Fond de ten Oriflame Sync
  • Review - Fond de ten Ieftin | Review Essence Insta Perfect Liquid Makeup

Category Popularity

0-100% (relative to Compt and Fond)
Employee Rewards And Recognition
HR
4 4%
96% 96
HR Tools
5 5%
95% 95
HR Management
0 0%
100% 100

Questions and Answers

As answered by people managing Compt and Fond.

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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Reviews

These are some of the external sources and on-site user reviews we've used to compare Compt and Fond

Compt Reviews

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Fond Reviews

The Best Employee Recognition Software Platforms & Reward Programs Used By Notable Companies In 2022
Fond makes company-wide recognition easier than ever. With a social feed that can be accessed from any device, any time, anywhere, this employee reward system supports virtual, global recognition for diverse teams. Plus, users have access to a massive catalogue of rewards and exclusive discounts all over the world.
Source: snacknation.com

What are some alternatives?

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

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

15Five - 15Five software elevates the performance and engagement of employees by consistently asking questions and starting the right conversations.

Joon - A fun habit building app for kids

Workleap - An employee survey platform with the mission of improving company culture. Measure and improve your culture in less than 5 minutes per month, with our simple surveys.

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

Kudos - Kudos is the simple and easy to use employee recognition software that enhances employee engagement and team communication.