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HRSoft Joins the Workday Partner Program, Expanding Compensation Capabilities for Financial-Services Organizations

HRSoft, Inc., a provider of enterprise compensation management software, today announced it has joined the Workday Partner Program and has launched the HRSoft: Compensation Platform Marketplace App, a...

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DENVER: HRSoft, Inc., a provider of enterprise compensation management software, today announced it has joined the Workday Partner Program and has launched the HRSoft: Compensation Platform Marketplace App, a Workday Designed Approved integration. The partnership expands the Workday ecosystem with solutions that help financial-services organizations manage complex compensation programs with precision, transparency, and scale. HRSoft’s compensation lifecycle platform integrates with Workday Human Capital Management (HCM) to simplify incentive design, deferral management, and global pay governance.

Financial institutions face unique challenges managing carried interest, long-term incentive deferrals (LTIM), performance-linked bonus pools, and global variable pay structures. HRSoft’s integration with Workday HCM enables these organizations to automate complex calculations, streamline workflows, and maintain audit-ready governance-helping them align compensation decisions with performance and regulatory requirements.

As a Workday Innovation Partner, HRSoft will:

  • Deliver unified visibility between compensation, performance, and financial data within the Workday ecosystem.
  • Simplify deferral, vesting, and carried-interest management with intelligent automation and compliance controls.
  • Support global variable pay and multi-currency modeling to reduce administrative complexity across jurisdictions.
  • Enable data-driven compensation planning aimed to improve retention, engagement, and operational efficiency.

“Financial-services organizations face some of the most sophisticated compensation requirements in the world,” said Joe Poxson, Chief Executive Officer of HRSoft. “By partnering with Workday, we’re helping enterprises manage deferrals, incentive pools, and global pay governance with confidence and control. Together, we’re helping companies modernize compensation management and align pay with performance.”

“This integration redefines what modern compensation technology looks like,” said Alex Miklin, SVP of Industry & Technology Solutions at HRSoft. “By combining Workday’s trusted data foundation with HRSoft Intelligence, we’re bringing automation and insight to carried-interest structures, global bonuses, and deferral programs - delivering precision and control at enterprise scale, without the complexity.”

Workday Human Capital Management (HCM) is a unified system that enables organizations to make faster decisions, gain operational visibility, prepare for talent shifts, and build effective teams.

More information on HRSoft’s integration can be found on the Workday Marketplace, which provides easy access to solutions built by Workday and its partners.

About HRSoft

HRSoft is the pioneering force in compensation lifecycle management software, delivering Intelligence for the Next Era of Compensation through an unmatched portfolio of compensation-focused solutions designed to simplify and optimize intricate compensation management. With a steadfast commitment to innovation, HRSoft empowers organizations to leverage advanced technologies that drive performance and enhance their competitive advantage. Learn more at www.hrsoft.com.

Fonte: Business Wire

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