beqom

Established in 2009 by former SAP employees Fabio Ronga, Tanya Jansen, and Stephan Pohl, beqom is a Switzerland-based company that specializes in providing cloud-based compensation and performance management solutions. Its software assists organizations in effectively managing compensation processes, encompassing salary and incentive management, performance management, and total compensation management. The platform leverages generative AI and ML, enabling HR professionals and managers to make data-driven decisions.

Platform features include:

1) Platform Total Compensation Management (TCM): Allows organizations to manage various compensation-related aspects.

2) Continuous Performance Management (CPM): Provides a continuous performance assessment and management system for employees.

3) Sales Performance Management (SPM): Offers specific tools for managing and optimizing sales-related compensation and performance.

Key features of beqom's software include automated recommendations that provide insights on crucial compensation components. These insights help in various areas such as salary benchmarking, performance-based compensation, equity awards, and regulatory compliance. Compensation packages can be personalized based on unique requirements and preferences, such as tenure, skillset, and career aspirations. Through beqom Studio, HR leaders, managers, and employees can gain visibility and control over the compensation and performance process.

The platform incorporates bidirectional built-in connectors, including SAP, Oracle, Workday, and Microsoft Viva, facilitating the integration of employee data into the beqom platform.

Key customers and partnerships

As of April 2024, beqom assisted over 120 global enterprises, including DHL, Total Energies, PICTET, PepsiCo, and Mercedes Benz, in managing their employee compensation processes.

To expand its reach and offerings, beqom collaborates with strategic partners that can help customers with continuous performance and compensation management strategies, handle large-scale implementations, and integrate beqom into their daily workflow. Notable partners in this regard include KPMG, Modulus Data, Microsoft Dynamics 365, and Deloitte.

Funding and financials 

In April 2022, the company secured a strategic investment of USD 300 million from Sumeru Equity Partners (Sumeru). Funds were earmarked to grow its product offerings to better support compensation and human capital management (HCM) leaders. Further, the company noted that it recorded 100% year-on-year (YoY) bookings growth in 2021.