Case Study: Franklin Templeton streamlines compensation planning with Decusoft Compose

Franklin Templeton streamlines compensation for 7,000 employees with Decusoft

Franklin Templeton, a publicly traded investment company with $1.6 trillion under management, faced significant challenges with its outdated compensation management platform. The system was not customizable, discarded data after each cycle, and required manual effort to provide managers with historical compensation information. This led the company to seek a new solution, ultimately selecting the Compose platform from Decusoft.

Decusoft implemented its Compose solution, which provided the flexibility to handle Franklin Templeton's complex structure of over 40 independently run units and 50 compensation plans. The results were substantial; the compensation team became more nimble, eliminating the need to reload data for small changes and saving time by enabling business leaders to generate their own self-service reports. The solution also provided flexible planning grids with historical data, greatly improving the decision-making process for managers across the global organization.

Franklin Templeton