Unit4 acquires Compright to support compensation management and planning

Unit4 has extended its SaaS compensation planning capabilities with the acquisition of Compright, a comprehensive compensation planning solution with customers in over 40 countries.

The acquisition enhances the capabilities of Unit4’s ERPx, with customers now able to automate the entire compensation process through seamless data integration and built-in analytics and calculate fair and rational total rewards across multiple locations.

Founded in 2017 and headquartered in San Francisco, Compright delivers an intuitive, comprehensive and powerful compensation solution designed with mid-market customers in mind, particularly those with more complex multi-national requirements.

Mike Ettling, CEO of Unit4, said: “With services-based organisations needing to accelerate digital adoption while struggling to recruit and retain talent to support that transformation, compensation management has become a critical tool in their arsenal to quickly respond to the acceleration in talent mobility and availability. Compright perfectly complements and extends the combined power of ERP, HCM and FP&A to address the needs of those industries whose success depends on people and to adapt their businesses to the ‘new normal’. I’m thrilled to welcome this talented team to Unit4. Together, we’ll be able to deliver a smarter and more innovative compensation planning and management solution that is right for people-centric organisations.”

Boyd Davis, CEO of Compright, added: “Compright was born to help companies overcome the challenges of deploying and adopting complex compensation management solutions, by providing an easy to use, comprehensive and powerful solution that was affordable. It’s clear to see how Unit4’s customers will see immediate benefit, regardless of location, organisational complexity or user sophistication.”

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