Compt

About Compt

Founded in 2018 by Amy Spurling, James Echmalian, and Sarah Bedrick, Compt is a technology company that provides a software platform for employee benefits and perks management. Amy Spurling, the CEO, brings a wealth of experience from her previous roles as a three-time CFO and two-time COO, providing her with a deep understanding of the challenges faced by HR departments.

The company operates in the human resources technology market, offering a solution for businesses to manage and customize employee stipends and lifestyle spending accounts. Its business model is based on a subscription service for its software platform. The platform allows companies to offer a wide range of perks to their employees, who can then use the funds for services and products that are meaningful to them. This approach provides flexibility for employees and simplifies the administration of benefits for employers.

Compt's platform is designed to be vendor-free, meaning employees are not limited to a specific set of vendors and can choose how they want to spend their stipends. The software handles the reimbursement process, making it seamless for both employees and employers. The platform can be used to manage various types of employee spending, including wellness programs, professional development, and remote work expenses.