Best Performance Management Software

Best performance management software in India are Kissflow, Engagedly, Paylocity, Lattice, and Synergita. Performance management Solutions helps to enhance individual and organizational performance and achieve business objectives.

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List of 20 Best Performance Management Software

Showing 1 - 20 of 227 products

Software by ClearCompany

ClearCompany - Employee Onboarding platform brings the employee welcome experience into this century and makes your job easier. Automate and track your employee onboarding process with easy deadlines and reminders for both new hires and your internal team. Read ClearCompany Reviews

Software by Kazoo

Kazoo is a fully featured Employee Recognition Software designed to serve SMEs, Startup, Agencies, Enterprises. Kazoo provides end-to-end solutions designed for Web App. This Employee Recognition Software offers Customizable Templates, Goal Setting / Tracking, Individual Development Plans, Performance Management at one place. Read Kazoo Reviews

Software by ChartHop

ChartHop is a fully featured Performance Management Software designed to serve SMEs, Startup, Agencies, Enterprises. ChartHop provides end-to-end solutions designed for Web App. This Performance Management Software offers 360 Degree Feedback, Compensation Management, Competency Management, What If Scenarios at one place. Read ChartHop Reviews

Software by Kallidus

Kallidus Recruit is a fully featured Applicant Tracking Software designed to serve Startups, SMEs. Kallidus Recruit provides end-to-end solutions designed for Windows. This online Applicant Tracking system offers Resume Search, Assessments, Internal HR, Recruiting Firms, Job Board Posting at one place. Read Kallidus Reviews

Software by Leapsome

Leapsome is a fully featured Employee Engagement Software designed to serve Enterprises, SMEs. Leapsome provides end-to-end solutions designed for Web App. This online Employee Engagement system offers Goal Management, Employee Alignment, Social Recognition, Surveys, Feedback Management at one place. Read Leapsome Reviews

Applicant Tracking System for Growing Businesses

Recruiterbox applicant tracking system is the easiest way to receive and manage job applications to your company. It is more efficient than email and simpler than any other recruitment software. It is one of the best open source recruitment management software. Read Recruiterbox Reviews

Software by PerformYard

PerformYard is a web-based performance management software for manage feedback, reviews about project, aim, and 360-review. It is specially designed for accounting, information technology and healthcare. The help to make a smooth process via email, phone etc. Read PerformYard Reviews

Empowering people - In all new ways

eloomi is a Learning Management Solution and People Development tool–all in one cloud-based platform. eloomi software helps companies create unique and interactive learning, import existing content.Improve your employees' skills while tracking their progress. Read eloomi Reviews

Employee Performance Management Made Easy

Primalogik 360 is an easy online system and complete employee performance management software. It is communication more frequently and permitted to comment regarding performance evaluation. 360-degree evaluations are consistent with evidence that employee performance varies across contexts.   Read Primalogik Reviews

360 Feedbacks with The Most Employee-Friendly 360-

360View is Mercer | Mettl’s customizable and 100% secure cloud-based platform that enables organizations to conduct smooth and seamless 360-degree feedback for all their employees. Read Mercer Mettl 360View Reviews

Build conversational surveys of any type, for any

SurveySparrow turns surveys into conversations. With a conversational interface, SurveySparrow enables users to create & share highly engaging surveys that offer a chat-like experience. 14 day free trial is available. Read SurveySparrow Reviews

Category Champions | 2023

Employee Performance Management Software in India

Keka provides an employee experience platform for HR and Payroll software that is completely focused on employees. It is a futuristic employee performance management software that mainly concentrates on user experience and breaking down complex workflows into simple tasks. Read Keka Reviews

Most Reviewed

A complete HR solution that improves end to end em

Suite of human capital management applications: HR, benefits, payroll, performance and talent management, suitable for midsize and enterprise customers with 1000+ employees. Learn more about Oracle Fusion Cloud HCM

Category Champions | 2023

factoHR is an award-winning Best HR Platform trusted by 3500 Companies & 2.6 million employees, which includes Tata Steel BSL, DENSO, Cycle Agarbatti, BSE, Murugappa, & many others who have improved their productivity by more than 70 % Read factoHR Reviews

Best for customised performance reviews & OKRs

Peoplebox is a new-age performance management platform that enables HR leaders to play strategic roles by connecting people & business strategy. Read Peoplebox Reviews

Category Champions | 2023

Enterprise Performance Management Software for Monitoring

Automate your performance review process and build a productive organizational culture with HR-One top performance management software. Manage everything flawlessly from setting goals to feedback management, performance ranking and appraisal management with this module.   Read HROne Reviews

Contenders | 2023

Best Performance Management Software in India for Business

The most flexible & powerful Performance Management Software, Qandle comes with features like Continuous Feedback, Scheduled Appraisals, 360-Degree Feedback, anonymous Upward Feedback, Goals, Competencies, OKRs & much more. Too good to be true? See for yourself but get ready to be blown away. Read Qandle Reviews

Listen.Act.Improve

A complete survey mould which launch various kind of survey among different cohorts of stakeholders and employees. Nevertheless the dashboard also helps with comparisons of the data and give a clear insights and the trends of the analytical points. Learn more about QaizenX

Worlds Most Powerful Enterprise Performance Management Software

HRMantra is one of the most useful employee performance management tool that automates complicated HR processes from hire to retire easily using its crores of ready-to-use features. This online performance management software gives 10 times ROI by saving 30 minutes per employee per day. It assures 100% project success. Read HRMantra Reviews

Work Management & Performance Tracker

TrackHr is here to help you manage your business efficiently. With a growing business and expanding teams, the challenges to organize tasks and manage time to address wastefulness and inefficiencies also increase. TackHr solves all your business-related problems. Read TrackHr Reviews

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performance management system guide

What is Performance Management Software?

Performance management Software helps employees and organizations set objectives, align them with the overall managerial goals, and evaluate team members' performance.

To effectively enhance performance management in an organization and boost employee productivity, an established system with set parameters plays a crucial role. Therefore, the software deployed to bring out the best in employees, track their performance, and facilitate subsequent performance appraisal is called a performance management solution or performance management software. These tools are essential productivity tips for maximizing workforce potential and achieving organizational goals efficiently.

Enterprise solutions like performance management tools are like the cherry on the top for any growing business or a well-established one in the rampantly growing universe to ensure improvised productivity, quality, and efficiency of the workforce.

To manage the performance of an organization as a whole, you need to manage minute tasks shrewdly. Hence, one needs to relate the use of technology to the automation of the functionalities of its departments. 79% of executives believe that redesigning performance management is a high priority.

Objectives of Having an Effective Performance Management Software

Objectives of Having an Effective Performance Management System

  1. The foremost objective of any employee management software is to enhance the performance of the employees at the workplace.
  2. Promoting healthy, two-way communication between employees and management nurtures a healthy relationship.
  3. Creating a regular flow of communication of organizational goals, expectations, feedback, and coaching.
  4. It identifies and resolves hurdles preventing employees from pushing boundaries and achieving their best performance with performance management software.
  5. Creating a platform facilitates better strategic decision improvisations and introduces measures for better employee satisfaction.
  6. Ensuring improved performance appraisals and employee rewards using online performance management software.
  7. Creating a proper measure to calculate the organization’s overall performance based on employee performance, satisfaction, and retention.

What are the Benefits of Best Performance Management Software?

Benefits of Employee Performance Management System Software

1. Accurate Forecast

Instead of driving transformational decisions, one needs to have an accurate analysis of the workforce available, which can be generated using an automated form of business performance management platforms.

2. Reduce Time

Rather than manually bugging professionals and investing tonnes of money in getting involved in the tedious task of employee performance management software, it is better to pass that burden on the corporate performance management software. Similarly, top time management software can help owners of small to medium-sized businesses stay organized and up-to-date in managing their employee’s time.

3. Quality Feedback from Professionals

To ensure a consistent link between the business and the people working for your business, performance management software is essential to have input in the form of employee feedback with reduced communication barriers, which can be made available using employee performance measurement software for any business.

4. Fill in the Performance Gaps

Accuracy in the employee performance management solution would benefit in understanding the gaps one needs to fill in to secure their goals or tasks, giving them enormous learning and development opportunities and helping them gain rewards.

5. Reward Decisions

A reward is one thing that an individual or team would look forward to, boosting their momentum. Companies decide the incentives based on the continuous performance management and evaluation of employees, which could be made easy with employee management software for businesses.

6. Enhance Employee Engagement

One of the most critical long-term aims of most performance management systems is to keep workers more connected by making them feel valued and forming a deeper rapport with team members.

Modern performance business solutions can pinpoint the least productive and disengaged employees to be effectively trained, mentored, or counseled for better performance. Performance assessment software is required as they are an intelligent solution to keeping your worker base happy and satisfied at the workplace.

7. Relevant Career Development

Performance management software is handy as it helps in planning and managing the career development chart of employees flexibly and intelligently. Performance feedback solutions ensure timely performance meetings to handle employee growth and prevent job stagnation.

Performance management software software can provide personalized, continuous feedback so that employees can grow to their maximum limit and stay focused on their immediate career goals, ultimately leading to a motivated workforce.

8. Mutual Objective Alignment

One of the best aspects and long-term goals of corporate employee performance review software is to facilitate a mutual objective setting that is aligned with the overall corporate strategic objectives of the organization. The best performance-tracking software has a streamlined procedure for goal-setting between managers and team members and fixed timelines. Performance management software is a great workflow that is automated, flexible and enhances end productivity parameters.

9. Continuous Learning Environment

Performance management software solutions ensure a continuous learning system as constant feedback is provided to employees to keep their skills upgraded and enhance technical subject knowledge. Monitoring performance software boosts domain specialization as employees receive detailed feedback on their weak areas and know suitable techniques to improve performance at the workplace of small businesses.

A continuous learning environment keeps workers motivated, engaged, and retained, so investing in the best performance appraisal software is a wise business decision to boost efficiency.

10. More Transparency

Online performance review software platforms ensure that the entire performance management software process is obvious and transparent, leaving no scope for any doubt, confusion, or ambiguity among the workforce. Performance platforms increase trust in the force and facilitate fair, speedy, and accurate performance management practices within the organization.

Investing in performance platforms is a smart way to enhance employee morale and motivation in the workplace and ensure that your organization retains the best workers.

What are the Features of the Best Performance Management Solutions?

As manager, choosing the right performance management software is essential for performance management. To implement the right performance management solution, you ought to understand the vital features of performance management solutions and how they can make a difference in your business.

Features of Best Performance Management Software

1. Goal setting

Appraising an employee without any specific target is like shooting an arrow blindly. Therefore, you must set a specific target for every employee. Performance management lets them know what the company expects from them and gives a standard metric to appraise the employee.

When considering performance management software, it's crucial to have a checklist for choosing the best goal-setting solutions. These tools facilitate the establishment of SMART goals, ensuring they are measurable and realistic within performance analysis software. However, it's important to note that goal setting isn't a one-size-fits-all approach. Even within the same team and under the same leadership, two employees may require different goals tailored to their specific work objectives, skill sets, and other individual factors.

The best performance management software for small businesses is to help you create goals, keep track of the plans, find areas where the said employee lacks to complete the given termini and share the same with managers and the employee under appraisal.

2. Tracking

The primary benefit of performance management software is tracking. This software allows you to see your employee's performance in detailed metrics. Easy-to-understand charts and performance data will help you appreciate your best employees. Moreover, the performance management solution helps you identify lags and fill the gap in talent or time as early as possible.

3. Self-evaluation

Like you, your employees should also see their performance through this software in a customized manner. A performance management solution is to help them self-evaluate their performance, which is an excellent way of understanding self-performance and motivation. Best performance management software gives them this opportunity.

4. Communication

Communication is an essential medium in every business. The performance management solution is to enhance this medium. The performance management solution should strengthen the communication bridge between employees and employers. The company management can share their work status, feedback, and queries through this system.

This open communication throughout the team allows for bridging gaps in meeting deadlines, avoiding redundancy, and measuring their ability. In addition, in the hands of a competent manager, this software can become a platform for healthy competition within the team.

5. Reward and Recognition

You must encourage your peers with rewards and recognition as a business leader. The performance management solution is to make this job easy for you. Performance management tools will find the best employees in terms of reliability, work output, punctuality, team player, leadership skills, etc.

An efficient performance management software should show these metrics in a measurable element to avoid confusion or politics within the work environment.

What Factors to Consider While Selecting Employee Performance Management Platform?

Keep in Mind While Buying Employee Performance Management Software

1. Budget

The cash you invest in buying a system must be kept in mind.

2. Customization

The performance management platform you purchase must allow you to make customizations according to your business needs.

3. Standalone or Suite

You must remember the essential requirement for the platform from which you would decide if you want a complete top HR Software suite or just a part of it.

4. Usability

One needs to be astute in pinning down the actual needs of a particular online performance management platform. That is when they can decide what purpose they want to serve by using such an online performance management tool.

Top Performance Management Software Vendors by Company Size

Expected to reach a market value of $16 billion by 2024, the performance management software industry is witnessing a CAGR of approximately 16% for apparent reasons. Employees are the drivers of an organization, and to bring the best out of them, companies need performance management software that helps them better understand the performance and productivity of their employees.

Performance management software is a technology that enables managers, business owners, and other leaders to track and evaluate workers, thereby facilitating necessary training requirements and appraisals.

Enterprise

Medium

Small Business

Sage HR

Synergita Namely

Impraise

Qandle Zoho People

Engagedly

247HRM Namely

BambooHR

Workday UltiPro

Checklist for Choosing Performance Management Software

  1. Business Requirements

    Identify the problems that you are facing with the current system for employee appraisals. Then make a list of the things that will help you solve these problems. Check if having performance management software in place in your organization can help the managers in carrying out appraisals smoothly. After taking note of all your requirements into consideration, look out for the software that is the best fit for your company.

    There are a lot of resources working under each manager, and it is a difficult task to keep a tab on each of them individually. Checking the work of the employees, finding out whether they are on the same page for the organization’s growth, and encouraging them to outperform their own work is quite tasking for a manager. A good performance management platform comes to the rescue of the managers by easing out these tasks.

    The software enables managers to monitor each employee individually and helps them set clear goals and also check the performance of employees, which comes in handy during appraisal cycles.

  2. Goal Setting

    A good performance management software should help you set the right goals and competencies for your employees. It should also have a reward system in place and should store the past data of employees to keep their progress in check.

  3. Desirable Features

    Make a list of the features that you want in the software to fulfill your requirements. Check if the software that you are shortlisting is compatible with all types of devices and platforms. You must have detailed knowledge of all the tools, features, and tasks that you want the software to perform. The solution must be easily scalable to accommodate new employees and must be reliable.

    An ideal employee appraisal system has the following features:

    1. It must allow you to set clear goals and objectives.
    2. A timely reminder of the goals should be given to the employees.
    3. You should be able to provide quick feedback to employees so that they can improve and implement the goals to align with the organization’s goals.
    4. Employees must be able to review their own performance first, and then it goes to the managers for their suggestions.

  4. Check the User-friendliness

    You are looking out for a performance review solution to ease the work of managers in your organization. While doing so, the one thing that matters is that the software that you choose must ease their task. Thus, you should check if the software has easy-to-use features. You must select such software in which training your employees is as easy as a walk in the park! Also, ensure that it does not take a lot of time to get used to the software.

  5. Compatibility with the existing software

    When you go for a new software in place in your organization, it should not disrupt the working of the current one. Make sure before you select software that it integrates seamlessly with your existing modules and works well in coordination with them. The transfer of data of employees to and from should go smoothly without losing huge data chunks.

  6. Quick Feedback

    A good performance management solution is one that enables easy communication between employees and managers. Managers should be able to keep an eye on the progress of the employees, appreciate their work, and provide training or train new employees. Even the employees should be able to report their problems and suggestions if any. The members of a team must be able to share their views as well.

  7. Software Support

    Having solid vendor support is a must. Check if the vendor is providing support after deploying the software at your organization’s end. You must be able to scale the performance management software without much hassle when the number of employees increases or if you want to add newer features to it.

  8. Learning Modules

    The software in place must contain various learning modules for the skill development of your employees. It should be able to induce a newly joined employee into your organizational system apart from helping the existing employees in updating their skills. The system solution must also contain the latest technological training to keep your workforce upgraded as per the market dynamics.

  9. Real-time Reports

    The employee appraisal system that you want in practice must be able to generate timely reports for monitoring the performance of employees. Reports aid managers in gauging the employees, knowing their potential, and using this, employees can be rewarded or sanctioned as per their work.

  10. Live Software Demo

    There is certain software in the market that allows you to take a trial. Make sure you test the software for compatibility in your ongoing system. This helps you make the right decision in selecting a performance management platform and investing in the right one for your organization.

What are the Components of the Performance Management Software?

Various tools are used to design effective performance management software, such as HR and Payroll tools, cloud-based employee performance management solutions, customized online performance management solutions, KPIs, feedback management, analytics reporting measures, and more. These tools help design comprehensive and effective performance software.

Components of the Performance Management System

However, every tool ultimately aims to contribute to a performance management process that has the following main components -

1. Planning the job description

Understanding the need for the job and defining a clear job role is paramount in performance monitoring software. In addition, understanding the employer's expectations in terms of performance makes it easier to define job roles and find the right resources for the job.

2. Deciding on performance reviews and performance appraisal criteria

Most organizations carry out performance appraisals twice a year, but performance management software entirely depends on the job role and the organization’s expectations. Generally, the twice-a-year appraisal model works across most industries as a performance management platform that provides comprehensive online employee performance monitoring. This is done to find the comparison, loopholes, and shortcomings in the performance expectations of both the appraiser and the employee.

3. Recruitment of the best man for the job

Often underestimated, the recruitment process constitutes a critical aspect of a comprehensive online performance management software. Once a clear job role is defined, HR must ensure that a candidate who fits the job role is hired. Good quality hiring significantly increases the chance of better job performance. Recruitment impacts all the stages of an employee's lifecycle in the company starting from expectations, performance, job satisfaction, and retention.

4. Performance feedback and counseling, if required

Feedback is a highly crucial aspect of the performance evaluation solution. Constructive feedback by an appraiser allows the employee to be aware of his level of contribution to the organization. His expected outcomes are judged fairly and transparently, and areas of development are identified. Mentoring, guidance, and constructive criticism further encourage him to push his boundaries and perform better.

5. Reward good performance

Rewarding an employee for good performance is the best way to motivate. Performance rewards may directly impact the self-esteem and morale of the employee. When performance monitoring is designed to recognize employees' performance efficiently, performance management software helps them cope with failures and satiates their need for recognition.

6. Initiating performance enhancement programs

This is when the management decides on new goals and corresponding deadlines based on the employee’s yearly performance. In this stage, the areas of improvement are communicated, and the time frame is decided after mutual discussion between the appraiser and appraisal to fulfill the expectations.

Software and Services Correlated to Performance Management Solution

Software and Services Correlated to Performance Management Software

An effective performance management solution only works well when you build quality and healthy ambiance for your employees. Although performance management software is a standalone tool, the companies can utilize the optimal performance by incorporating other related software like

1. Talent Management Software

This suite manages talent requirements and utilization. A customized version of this software can create a holistic overlook of the workforce for recruitment, re-organization, etc.

2. HR Management Suite

When HR management suites combine to create one platform, performance management software becomes easier to handle a larger workforce.

3. Compensation Management Software

Most companies integrate a business performance management solution with the compensation management system to create a workflow where performance directly aids in compensation decisions.

4. Employee Engagement Software

When employee engagement software integrates with performance management software, it helps track talents, employee feedback, and the appraisal process. Performance reporting software makes it easier to recognize employees performing above par.

5. Training eLearning Software

With the help of the performance management solution, it is possible to understand where your workforce lacks talent. Utilize eLearning platforms to bridge the gap.

8 Best Performance Management Platform

Name
Free Trial
Demo
Pricing

Reviewsnap

14 Days

Yes

Custom Pricing

Recruiterbox

14 Days

Yes

Custom Pricing

BambooHR

14 Days

Yes

Custom Pricing

Namely

14 Days

Yes

Custom Pricing

Zenefits

7 Days

Yes

Starting price at $5/employee + $40 base fee

ADP Workforce Now

30 Days

Yes

Custom Pricing

UltiPro

14 Days

Yes

Custom Pricing

Performance Pro

14 Days

Yes

Starting price at $93.75/month

If there is one aspect that differentiates the world’s most successful companies from the rest, it is surely effective performance management. Traditional processes for enhancing the performance of the workforce are being ditched in modern workplaces. We are steadily moving towards new experimental patterns and technologies, such as employee performance management software, to harness worker potential to the maximum limits.

A report by Deloitte states that the redesign of effective performance management is a top priority for over 79% of executives. This clearly demonstrates the urgency of implementing the right platform to facilitate seamless real-time feedback and developmental dialogue. Employee performance management software solutions are gaining popularity across the globe. Since performance is linked to pay and development, companies are striving towards simple systems that are flexible, responsive, and agile.

Choosing the perfect employee performance management software for your organization is definitely a daunting task. If you are confused about the various choices available in the market, go through our curated list of the best 6 performance management platforms that will help your firm achieve higher productivity and task flow management:

Top Employee Performance Management Platforms

1. Reviewsnap

An all-in-one performance management software, Reviewsnap enables you to develop your staff by enhancing and automating performance review. With over 350 competencies and 360-degree reviews, your staff can get better, constant feedback that will enable them to improve 24/7. It is robust, flexible and user-friendly. It not only streamlines administration work and tedious performance appraisal processes but also improves communication and productivity.

Features
  • e-Signatures
  • Automatic notifications
  • Job specific templates
  • Custom templates
  • Self-appraisal
  • Peer appraisal
  • Self-service portal
  • Goal management+tracking
  • Ongoing performance management
Pros
  • Individual development tracking with “9 Box Reporting”
  • Review permissions for discretion
Cons
  • Customer service is not very prompt

2. Recruiterbox

This performance evaluation solution provides 360-degree feedback in a simplified, easy-to-grasp manner. Set goals and manage performance appraisals effortlessly with Recruiterbox. HR executives can set SMART goals for employees, which can be strategically aligned with the organization’s objectives. If your organization is looking to take the leap from paper appraisals to automated, online appraisals, Trakstar is a wonderful choice.

Features
  • Real-time reporting
  • Custom workflows and forms
  • Automated email reminders to users for task completion
  • Performance trendsSelf appraisals
  • Peer appraisals
  • Applicant tracking
  • Job posting
  • Collaborated recruitment
Pros
  • 9 box grid to generate insights on employee performance and potential Engagement surveys
Cons
  • No customization on review period, works on annual review basis only
    Reporting can be complex
  • Needs more customization capability in general

3. BambooHR

An online human resource system that serves as an end-to-end solution, BambooHR has a comprehensive feature suite which makes it an ideal tool for growing companies. It can administer all aspects of an employee’s life cycle and is tailor-made to cater to the performance management processes of small to medium businesses.

Features
  • Centralized Employee Database
  • Applicant Tracking System
  • Applications Management
  • Goal Tracking and Management
  • Employee Onboarding
  • Performance Appraisal Management
Pros
  • Sleek and easy-to-use interface
  • Advanced report generation and analytics
  • Highly customizable features
  • Open API for smooth integration with existing systems
  • Mobile optimization for better remote operations
Cons
  • Not built for large and multi-national corporations
  • It does not provide payroll services

USP

One great aspect that sets BambooHR apart from other software in the market is its excellent support team. They can be easily reached round the clock and provide superior quality service to clients.

Pricing

Bamboo HR provides a free trial for interested users to check out all the software features. It has Essentials and Advantage pricing packages - quotations are provided by the company based on a number of users per month and specific organizational requirements.

4. Namely

An excellent employee performance review software and HRIS tool Namely is a great option for small to mid-sized organizations. It manages all vital human resource information at a central repository and helps managers handle performance appraisal, payroll, benefits, and talent management effortlessly.

Features
  • Document Management
  • MIS Reports
  • Employee Data Base
  • Payroll Management
  • Back Office Administration
  • Email Integration
Pros
  • Highly configurable
  • Easy to use and navigate
  • The robust feature set that accelerates workflow
  • Layered access controls for data privacy
  • Continuous client support and system maintenance
Cons
  • Takes time for initial installation and set up
  • Payroll and compensation module need more work

USP

Namely is a widely popular employee performance review software due to its minimalistic interface, user-friendliness and high scalability options.

Pricing

Namely provides a comprehensive free trial to interested users. It also gives quotations on requests for enterprise packages, along with specific product details and customization options.

5. Zenefits

An exceptional platform for start-ups and small businesses, Zenefits is a one-stop employee performance review software. It has the ability to handle a diverse range of HR processes such as appraisals, payroll, benefits, recruitment, and onboarding.

Features
  • Hiring and onboarding
  • Business intelligence
  • Insurance benefits and payroll
  • Time tracking
  • Employee life cycle management
Pros
  • Visually appealing sleek software
  • Integrates with many business apps such as Expensify, Lever, and Slack
  • The intuitive self-service portal
  • Sophisticated reporting and HR analytics options
  • Seamless HR compliance
Cons
  • There are certain lags and errors in the system at times
  • Does not handle international payroll

USP

Zenefits is highly preferred by companies as it automates hiring, payroll, employee records, and onboarding, thus ensuring that human resource information is streamlined and up-to-date.

Pricing

Zenefits provides a free trial with all basic features. It also has the following pricing plans:

Monthly Pricing Plans

  • Standard: $5/employee + $40 base fee
  • Advanced: $9/employee + $40 base fee

6. ADP WorkforceNow

This state-of-the-art employee performance management platform is designed for small-medium businesses. ADP Workforce Now has the capability to gather all appraisal, payroll, compensations, and attendance HR data in one unified dashboard.

Features
  • Benefits Administration
  • Global human capital management
  • HR outsourcing services
  • Talent Management
  • Time and Attendance
  • Employee self-service portal
Pros
  • Cloud-based storage
  • Multi-lingual support
  • Web-based dashboard with multiple data display options
  • Mobile friendly app
  • API library
  • High level of scalability
Cons
  • Ease-of-use and functionality can be improved for better user experience
  • The support team is sometimes slow to respond

USP

ADP Workforce Now is a fully cloud-integrated app, that gives reliable online support and data-driven reports, thereby making it a useful tool for HR strategic decision-making.

Pricing

ADP Workforce Now provides a comprehensive demo so that users can check system capability and features. It has various subscription-based pricing plans that depend upon the level of customization, users, and feature requirements.

7. UltiPro

This complete people management solution has a wide range of features and simple functionality. UltiPro is a novel employee performance management solution that can seamlessly handle HR processes, payroll, compensation, and talent management.

Features
  • Career development
  • Performance management and real-time feedback
  • Workforce analytics
  • Global human capital management
  • Payroll administration and tax management
  • Time, attendance and scheduling
Pros
  • Intuitive interface for managing employee payroll and benefits
  • Structured database of employee records
  • High visibility and integration capability
  • Reduces manual entries by automating routine tasks
  • Enhances HR compliance through better transparency
Cons
  • The support team is not very responsive and customer friendly
  • Most modules have been designed for smaller sized companies

USP

UltiPro has been highly adopted and is appreciated for its business intelligence and report generation - it gives a complete overview to HR managers at just a glance through its smart integrated dashboard.

Pricing

UltiPro provides a free demo so that users can get familiar with the features. The vendor needs to be contacted for specific quotations based on organizational requirements.

8. Performance Pro

A well-aligned employee performance management software, Performance Pro is designed to enhance employee engagement, and productivity, retain the workforce and drive business revenues. It has a rich feature suite, reporting abilities and comprehensive client support.

Features
  • Competency tracking
  • 360-degree feedback
  • Individual development plans
  • Employee self-service portal
  • Compensation management
  • Goal tracking
Pros
  • Provides simple and structured employee evaluations
  • The electronic signature allows paperless processes
  • Appraisal history tracking facilitates better career development
  • Streamlines appraisal through 360-degree feedback
  • Structured document management
Cons
  • May require initial IT support and training for users
  • Setup and installation is complex and time-consuming

USP

Performance Pro is a top-choice employee; performance review software as it aligns work goals with strategic initiatives and accelerates workflow rapidly.

Pricing

Performance Pro has a custom enterprise pricing plan that starts at $1,125 per year. The package is tailor-made to suit organizational needs and requirements. Users can also avail of a free demo or trial of the software.

Make sure to harness the best performance from your workforce. Choose the best employee performance review software solution for your organization to benefit from higher job engagement, team collaboration, and a satisfied workforce.

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When considering performance management software, it's crucial to have a checklist for choosing the best goal-setting solutions. These tools facilitate the establishment of SMART goals, ensuring they are measurable and realistic within performance analysis software. However, it's important to note that goal setting isn't a one-size-fits-all approach. Even within the same team and under the same leadership, two employees may require different goals tailored to their specific work objectives, skill sets, and other individual factors.

Compare Pricing Plans of Top Performance Management Software Providers

Name Ratings & Reviews Starting Price Free Trial?
Keka 4.7(147 Reviews) $97 Upto 100 Employees Yes
Spine HR Suite 4.4(132 Reviews)

Available on Request

No
factoHR 5.0(130 Reviews)

Available on Request

Yes
HRMantra 4.5(121 Reviews)

Available on Request

Yes
Pocket HRMS 4.8(56 Reviews) $69 Up to 100 employees Yes

FAQs of Performance Management Software

The most common problem involves insufficient training for managers and employees about the software. Proper training must focus on the following:

  1. Providing knowledge about the general process of the software and its purpose.
  2. How to communicate with employees using the software?
  3. How to use the software to improve performance?

Ideally, performance management software is available from $4 to $19 per user per month. However, the prices may vary depending on the total number of users, employees, and features you want to include.

A performance management tool can schedule and evaluate employee performance, measure KPIs and KRAs, assess employee data, and more.

The essential parts of an effective performance management software comprising:

  • Performance Planning
  • On-going Performance Communication
  • Data Gathering, Observation, and Documentation
  • Performance Appraisal
  • Performance Diagnosis and Coaching

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Last Updated: November 03, 2023