FirmView Compensation,
Planning and Recommendations

A systematic approach to managing discretionary allocations

FirmView CPR
(Compensation, Planning and Recommendations)

FirmView CPR removes the reliance on spreadsheets and manual consolidations, delivering a more efficient year-end and mid-year salary and bonus award process. Configurable rules and calculations ensure adherence to corporate compensation guidelines and budgets.

Compensation Cycles

FirmView CPR (Compensation, Planning and Recommendations) is designed for HR and finance professionals who are tasked with the complex and sensitive process of managing compensation cycles.

Streamline Processes

Reduce the reliance on spreadsheets and digitize department head review and approvals. Remove consolidation of files across departments’ compensation, and automate compliance with salary and bonus increase guidelines. Institute workflow based approvals. Manage department by department bonus pools.

Configure Custom Calcuations & Rules

Configure custom calculations and rules. FirmView CPR transforms the process with an efficient solution to the challenges typically associated with firm wide compensation cycles.

What you get with PFA Compensation, Carry and Recommendations

01

Compensation Management

Manage and configure custom elements of compensation including department specific bonus types, track historic awards, define custom calculations and map your organizational structure and review logic within the platform. Track base and local currency awards.
02

Performance-Linked Pay Awards

Use KPI achievements and manager recommendations combined with custom calculations to create performance linked salary and bonus recommendations.
03

Efficient Review Process

Flow salary and bonus pools through the organization structure so managers know what they have available to allocate to team members. Managers only see the compensation types available to them and their teams, and the platform tracks compliance with the budget pools.
04

Data Security and Compliance

Compensation data is stored in MS Azure and accessible based on user rights. Remove the need to share spreadsheets and the challenge of consolidating results.
05

Customizable Reports and Dashboards

Gain insights into compensation trends and performance metrics with customizable reports and dashboards.
06

Integrate with HR systems

Designed to integrate with HR systems such as Workday and ADP so that compensation cycles can be initiated at any time.

Compensation management made easy

A comprehensive carry and compensation management platform supporting fund level, deal-by-deal, employee capital co-investments, base, bonus, and other compensation arrangements. FirmView’s compensation, planning, and recommendations (CPR) software streamlines the year-end and mid-year salary and bonus awards process. FirmView CPR is a robust solution for effectively handling compensation cycles.

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Fund accounting simplified

Simplify fund accounting processes that occur over the lifecycle of a private equity fund. Allvue’s core private equity accounting functionalities include managing fund- and investor-level books and records, streamlining the investor transfer workflow, and automating the subsequent close process for multiple funds.

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Compensation, Planning and Recommendation FAQs

Learn more about compensation, planning, and recommendation capabilities in FirmView.

Versatility

Can FirmView CPR manage changes to compensation throughout the year or just the mid and year-end cycles?

CPR can be used for compensation changes at any time, and these would usually follow a different approval process.

Simplicity

How does the review and recommendation process in CPR work?

HR creates budget pools and allocates these across departments and groups of employees. Managers can accept HR recommendations or propose different amounts for salary and bonus awards which flow back to HR . Managers can also recommend promotions.

Flexibility

Is FirmView CPR flexible enough to handle custom compensation calculations?

Yes. As an example, calculations can be used to generate salary increase recommendations by department or function. Some departments may have a default 7 percent increase while may have 4 percent.

Transparency

How does FirmView CPR consolidate compensation data?

With FirmView CPR, salary, bonus and demographic data is sourced from an HRIS. Once in the platform, managers can access based on their teams' compensation types. Eliminating the need for Excel files.

Interoperability

Can FirmView CPR integrate with other systems like Workday and ADP?

Yes. We integrate with your HRIS to ensure the latest compensation and employee demographic data is available, and can interface the results of the year-end cycle to your HR system.

Usability

How easy is it for HR and managers to use?

Our modules are intuitive, and managers can learn in 90 seconds. Once on the platform, managers can quickly view their employees, access past compensation, recommendations for this cycle and update recommended amounts, request promotions and add notes.

How does Allvue compare to other alternative investment software vendors?

As the private equity space has exploded with growth over the last few decades, so has the private equity software landscape. We’re confident Allvue offers the best solution on the market to help you make the most informed decisions for your private equity portfolio.

SEE HOW ALLVUE COMPARES

Out-of-the-box, front-to-back office solution with built-in industry best practices and flexible deployment
Cloud-based scalability with a robust integration and API ecosystem to grow with your firm
One home for your data with standardized reports and customized dashboards
Corporate, fund, and investment accounting from single market-leading provider

Learn how Allvue + PFA can help simplify fund and corporate accounting for the office of the CFO

“A comprehensive carry and compensation management platform supporting fund level, deal-by-deal, employee capital co-investments, base, bonus, and other compensation arrangements.”

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