Curo Forms Partnership with OpenSymmetry to Streamline and Strengthen Compensation Planning and Management

Curo and OpenSymmetry’s partnership will empower sales compensation, finance and HR professionals to streamline the compensation process with a comprehensive planning solution on the Curo platform.

 

Curo Compensation, an industry leader in total compensation management technology, announces a formal partnership with OpenSymmetry, a global consulting firm specialising in incentive compensation management and sales force enablement. This partnership will empower sales compensation, finance and HR professionals to streamline the compensation process with a comprehensive planning solution on the Curo platform.

OpenSymmetry is the world’s largest independent consulting firm specialising in Incentive Compensation Management (ICM). OpenSymmetry provides advisory services, technology implementation and ongoing operational support so that companies can make the maximum impact on their employee performance through one of the single largest investments – compensation. The partnership between Curo and OpenSymmetry will allow companies to optimise compensation spend through transparent and accurate analysis of compensation data, improving productivity and performance on a platform that eliminates error-prone, manual calculations. With the flagship CuroComp product and OpenSymmetry’s years of implementation expertise, this partnership will bring growth in employee performance for companies in Europe and North America.

Curo’s CEO Gerry O’Neill says:

“Having full control and visibility of your salary and compensation review process is crucial to business success. This ensures there is internal and external alignment between employee compensation and their contribution and value to the business. In other words, making sure top performers are appropriately rewarded reduces the risk of churn. We are excited to partner with OpenSymmetry because of the knowledge gathered from years of implementing incentive compensation management technology.

 

OpenSymmetry is a recognised leader in the sales performance management space, which gives us confidence in their ability to bring industry best practices into the rapidly developing market of total compensation management.”

 

Anthony Hutchins, CEO at OpenSymmetry, explains how teaming up with Curo builds on the best of both companies’ capabilities to provide value for HR, finance and sales executives:

“As we talk with potential clients, we often find that when companies experience rapid growth, their compensation processes and technology don’t easily scale. Compensation data is widely distributed and is hard to track and report on. This makes it very difficult to get the information necessary to make informed pay decisions. Through our partnership with Curo, we can help clients implement comprehensive approval workflows across the entire organisation and deliver real-time views of compensation data. This allows decision makers to evaluate performance and make changes to compensation structures to align employee behaviour with business goals using CuroComp.”

 

About OpenSymmetry:

OpenSymmetry provides end-to-end incentive compensation and sales technology enablement consulting services, from strategy and data services to implementation and post-implementation services. Since 2004, OpenSymmetry has completed over 1,500 successful projects for more than 500 clients ranging from SMBs to enterprise-level companies across four continents. Headquartered in Austin, Texas, with offices in the U.K. and India, OpenSymmetry has been on the Inc. 5000 List of America’s Fastest-Growing Companies for six years in a row. Visit opensymmetry.com to learn more.

 

About Curo Compensation:

Curo Compensation is a specialist compensation management solution provider. Curo’s flagship product is CuroComp which has been implemented for 46 clients covering over 150,000 employees in the UK, Europe and USA. Clients include EY, London Stock Exchange, AmeriGas, BUPA and Liberty Mutual. Curo’s

technology and domain expertise enables companies to streamline their compensation review processes and optimise their annual spend. Visit curocomp.com to learn more.