beqom Acquires Our Tandem to Transform Performance and Rewards

beqom and Tandem | September 05, 2022 | Read time : 02:41 min

beqom Acquires Our Tandem to Transform Performance and Rewards
beqom, the total compensation management solution, today announced the acquisition of Our Tandem, a continuous performance management platform that drives people development through personalized feedback, coaching, and goal setting. This industry-first move aligns personalized rewards with meaningful behaviors, goals, and skills, transforming how companies reward and recognize their people, attract and retain top talent, and address pay equity and transparency.

With over 65% of US workers and 73% of UK workers seeking new employment in the last year and increasing public pressure to address pay disparities caused by inflation, hybrid work, and other factors, companies can no longer hold on to outdated compensation and rewards models. In order to retain and attract employees, brands are shifting to a people-centric compensation approach and prioritizing tools that have a meaningful impact on employee journey touchpoints while ensuring overall employee costs are transparent and optimized.

The combination of beqom and Our Tandem provides a continuous performance and rewards solution that offers personalized rewards aligned to real-time performance data and feedback, skills, behavior, and goals along the employee touchpoints, giving employees a feeling of purpose and engagement. This one-of-a-kind solution ensures that rewards are individualized, fair, and within budget through a powerful optimization and governance engine.

Our Tandem was established in 2016 in response to a market gap for which there was no complete solution: total performance management software. Founded by Aisling Teillard and Clare Bonham – both HR experts and HRIT professionals – the platform was designed to be a comprehensive, sustained feedback solution that fosters more personalized, meaningful, and engaging experiences for both employees and managers.

“Our Tandem has been a leader and a supporter of the shifting needs of individual organizations and the workforce, and we are ready to take our next step and join forces with beqom, I have no doubt that the combined power of these two solutions will further transform how organizations manage and reward employees along their journey and build happier higher performing teams.”

- Aisling Teillard, CEO of Our Tandem

This acquisition represents an exciting step forward, not just because of the combination of the products, but because of the combination of the people. We found in the Our Tandem team a perfect match with the beqom culture, beqom’s vision has always been to help customers effectively leverage their talent to drive their business, so combining Our Tandem’s innovative continuous performance solution with our unique total rewards platform offers a true breakthrough in employee management, said Fabio Ronga, CEO of beqom.

The companies will continue to operate under their respective brands while placing focus on integrating and growing both the Our Tandem and beqom teams and accelerating the combined product roadmap.

The acquisition was led by beqom and Sumeru Equity Partners, a technology-focused growth capital firm that first backed beqom with a significant strategic investment. Venero Capital Advisors served as the financial advisor to Our Tandem.

About beqom
beqom provides a cloud-based compensation management solution that unifies all compensation and rewards processes on a single platform, from salary and bonus to deferred incentives and sales commissions. Designed to meet the sophisticated needs of leading enterprises, beqom enables companies to attract and retain talent, engage and motivate employees, control costs, streamline processes, and ensure fair and compliant pay. beqom integrates seamlessly with core HCM software, providing the best-of-breed capabilities needed to implement effective compensation strategies worldwide, without compromise. beqom is used across all industry sectors by leading global companies.

About Our Tandem
Our Tandem’s dual-purpose performance platform coaches both managers and employees to ignite and sustain workplace cultures that inspire. The solution empowers employees to unlock their potential and performance while supporting managers to accelerate their coaching capabilities. Delivering an engaging experience, through crowdsourced real-time feedback, regular check-ins, configurable performance review templates, and a unique 360 development experience, Our Tandem delivers a truly transformative performance management experience.


Taking a strategic approach to spend and supply chain management is all about looking beyond price to consider the total cost of ownership. On this episode of the Source One Podcast, recruiter Andrew Jones suggests that Procurement’s hiring managers should keep TCO in mind as they search the market for talent.


Taking a strategic approach to spend and supply chain management is all about looking beyond price to consider the total cost of ownership. On this episode of the Source One Podcast, recruiter Andrew Jones suggests that Procurement’s hiring managers should keep TCO in mind as they search the market for talent.

Related News


Payroll connectivity leader Atomic adds EmployerLink solutions and expands coverage to broader employer and human resource systems

Atomic | November 17, 2022

Atomic, the market-leading provider of payroll connectivity, announced today that it is expanding its solutions suite beyond consumer-permissioned access to support connectivity for employer and human resource administrative systems. By offering broader integration options, Atomic aims to give customers the most comprehensive coverage, faster time from integration to go-live, and a vastly improved product experience when it comes to connecting with these HR systems. The addition of EmployerLink makes Atomic the first to market with payroll connectivity integrations and authentications for both consumers and businesses to permission access to financial data in payroll systems and human resource platforms. These two solutions - working in tandem - represent a critical evolution to Atomic’s business that will allow the company to better service its existing customer base while also expanding the total addressable market. Atomic's EmployerLink solutions will initially support use cases for worker’s compensation insurance, earned wage access (EWA), and employer benefits. “We’re excited to work with Atomic to advance our commitment to developing best-in-class employee financial wellness benefits, Atomic’s EmployerLink suite enables us to provide a frictionless experience for our clients, further powering Seedwell to lead in personal finance automation and wealth building for employees.” -Swetha Kulandaivelan, Product Manager at Seedwell Atomic is working with a cohort of companies, including the aforementioned Seedwell, that are leveraging the EmployerLink suite to launch innovative new solutions in the coming months. The move by Atomic has already been embraced by many Atomic customers that are finding new opportunities to expand their businesses through this extended connectivity. Atomic is well positioned to tackle this expanded market, given our unique technological advantages, trust and customer traction, proven ability to scale, and team’s financial services industry expertise, By initially focusing on fintech companies and neobanks with mass customer bases, we were able to capture significant volume and prove our technology’s ability to scale,noted Jordan Wright, CEO and Co-founder at Atomic. The announcement comes on the heels of a banner year for customer traction in which the company has grown to support over 160 customers and partners, including leading fintech brands Propel, Dave, and Coinbase, financial technology partners including Jack Henry, Hydrogen, and MX, and financial institutions including Keystone Community Bank and Cornerstone Community Credit Union, among others. About Atomic: Atomic is the market-leading provider of payroll connectivity, trusted by over 160 financial institutions, fintech firms and partners, including 13 of the largest fintech apps offering a digital-first neobank, alternative lending, crypto exchanges, and digital brokerages. Atomic's payroll integrations provide the infrastructure to connect consumers to their financial data, automate set-up and updates to direct deposits, digitize income and employment verifications, repay financial obligations from their paycheck, access earned but unpaid wages, and tap tax filing advantages, as well as supporting financial wellness benefits through its new EmployerLink solutions. Atomic simplifies complicated payroll and human resource platform integrations with a suite of API solutions that covers over 480 unique payroll connections, including incumbent payroll providers, bespoke enterprise solutions, modern HR tech providers, gig-economy platforms and government systems. Atomic is ranked by CB Insights as a Fintech 250, selected by Fintech Breakthrough Awards as a Best Banking Transaction Solution, and recognized as a Top Work Places 2022. Atomic has raised $78.6 million from investors, including Greylock, Mercato Partners, Core Innovation Capital, Portage, and ATX Venture Partners.

Read More


iiPay Recognized for Innovative, Compliant Global Payroll Solutions for Clients

iiPay | November 29, 2022

Integrated International Payroll (iiPay), a market leader in cloud-based global payroll solutions, has been announced the winner of Reward Strategy's Global Payroll Award 2022. This is iiPay's second consecutive year in winning this important award highlighting increasing leadership in the global payroll market. "Congratulations to iiPay for winning the Global Payroll Award. iiPay has advanced the customer experience by providing valuable insights, driving automation, and changing the employee experience, iiPay distinguished itself through market leadership in fostering true partnerships with clients, reflected in their impressively high customer retention rate." -Michal Lodej, Group Editor at Shard Financial Media iiPay earned the Global Payroll Award based on its focus on simplifying global payroll for clients. There is increased demand in the payroll industry for automation, workflow, global reporting, analytics, and compliance. iiPay puts clients first and recognizes their clients' business challenges, provides expertise in complex international payroll, and delivers operational excellence using a single, innovative technology platform to unify global payroll processes. iiPay is honored to have been selected for Reward Strategy's 2022 Global Payroll Award for a second consecutive year, This award recognizes iiPay's relentless focus on changing the payroll experience for our clients to be a superior, reliable experience. Our proven operating model delivers continuous focus on technological innovation combined with an exceptional team. Payroll is about people and culture. Our compound annual growth rate of 52% reflects our commitment to our clients enabling them to integrate payroll into their corporate fabric,said Curtis Holmes, Chief Executive Officer, iiPay. This award builds upon the Global Payroll Award recognition in 2021, and the Global Payroll Association (GPA) Global Payroll Supplier of the Year Award recognition in 2020. Judges for such awards from these esteemed payroll organizations have years of payroll experience as leaders in their fields. They recognize excellence and can ascertain levels of distinction for the best of leadership, teamwork, and innovation. About iiPay iiPay leverages its' innovative, cloud-based technology offering clients an exceptional payroll experience in more than 170 countries. iiPay's solution empowers Payroll, HR, and Finance professionals with advanced data management, analytics, business intelligence, and reporting across all global payroll at any time. iiPay's relentless focus on client experience reflects the vision of the company to simplify global payroll – For Business. For People.

Read More


Humantelligence Named Best In Class HR Technology for Culture & Collaboration by HRO Today Association

Humantelligence | November 25, 2022

Humantelligence (HT) won the 2022 HRO Today Association Award for Best In Class HR Technology in the North America region at last week’s HRO Today Association Conference - attended by more than 150 senior HR executives. The award recognized the company’s innovative one-to-one and team collaboration technology for its ease of use, quick implementation, and ability to optimize collaboration on the spot for remote and hybrid teams. For more than 15 years, the Association has recognized company and individual accomplishments in human resources and leadership in North America, EMEA and APAC. The nomination process offers people, teams, partners and companies the opportunity to share best practices and successes so colleagues, and the industry as a whole, can benefit from their experience. The awards recognize leadership, collaboration, innovation, and hard work, as well as a commitment to people and process improvement. This year’s awards garnered hundreds of submissions, and 71 finalists were named. Humantelligence delivers personalized communication insights through the tools organizations use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® and calendars. When drafting an email, chatting with a colleague, or joining a meeting, the tool automatically surfaces useful, customized tips for more effective communication and collaboration between team members. With this tool, leaders can create more balanced & diverse teams, reduce friction between team members, and improve productivity. By focusing on collaboration in this way, clients - including BASF, Bank of the West, Honda, AFLAC and others -- have improved team effectiveness and employee engagement while maximizing investment in their current communication technologies. “It’s important to empower employees with the kind of tools that enable more effective collaboration. We know that when people better understand themselves and others, they can better connect with each other, become more deeply engaged in their work and perform better. At the same time, organizations can increase productivity and improve the employee experience - it’s a win-win for everyone. In our work with hundreds of organizations, we’ve seen our collaboration tool change the way companies think about how people work together, and it’s really gratifying to be recognized by HRO Today for this work,” - Humantelligence’s CEO, Juan Betancourt This year, Humantelligence earned top technology honors by RemoteTech Breakthrough and TalentCulture for its team collaboration solution. About HRO Today Association The HRO Today Association is the premier networking and content community for advancing the human resources profession. By engaging in professional development opportunities and connecting with peers, members improve the quality, effectiveness, and efficiency of their HR operations and service delivery. The Association is managed by HRO Today/SharedXpertise Media, whose magazines, web portals, research, e-newsletters, events, and social networks reach over 180,000 senior-level HR decision-makers with rich, game-changing content. About Humantelligence Humantelligence delivers personalized insights for better one-to-one & team collaboration, surfaced in the communication tools you use every day: Microsoft Teams®, Outlook®, Gmail®, Zoom®, Webex®, Slack® & calendars. As a result, companies optimize collaboration and engagement while reducing turnover and can build engaged high-performing teams across the organization.

Read More