Introduction

When employees do their jobs well, it makes a significant difference in a company. Work environments should be productive and yet at the same time, work should be done efficiently without exerting any unnecessary and extra effort. Improve the way your employees and your teams function with performance management system software.


13+ Performance Management System Software

1. Namely

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Rating: 5/5

Price: Custom

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2. BambooHR

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Rating: 5/5

Price: Free

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3. 15five

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Rating: 4.9/5

Price: $7/month

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4. Engagedly

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Rating: 4.7/5

Price: Custom

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5. Lattice

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Rating: 5/5

Price: Custom

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6. Peoplefluent

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Rating: 5/5

Price: Custom

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7. Slack

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Rating: 5/5

Price: Free

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8. Reflektive

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Rating: 4.7/5

Price: Custom

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9. Profit.Co

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Rating: 5/5

Price: Free

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10. Assessteam

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Rating: 5/5

Price: $2.96/month

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11. Trakstar

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Rating: 5/5

Price: Custom

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12. Performyard

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Rating: 5/5

Price: $4/month

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13. IBM Talent Management

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Rating: 5/5

Price: $5000/Year

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14. Viventium

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Rating: 5/5

Price: Custom

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What Is Performance Management System Software?

Performance management system software is specifically designed to boost business productivity and procedures through attempts to motivate employees. A performance management platform gives leaders and employers the opportunity to better track, analyze, and evaluate their employees.

Benefits

One benefit of performance management system software is the understanding and awareness it brings to leaders, employers, and business owners. You can’t make true positive change within your workplace without first knowing how your employees are performing and why they conduct in that manner. However, with performance management software, management can get to the root of organizational problems and make smarter decisions on how they can improve employee performance.

Features

Goal setting software is a feature that is typically provided by performance management system software. Goal setting software improves performance by giving your employees a clear direction, a direct path to follow, and a specific target to reach. Because your employees will know what their aim is and what they’re trying to achieve, their overall performance will be enhanced.

Top 10 Products

 1. Namely

Namely will allow you to unleash the power of your people by providing you with quality human resource management and top performance management systems

Namely has a revenue of $81 million and a company size of 501-1,000 employees.

2. BambooHR

BambooHR performance management will change your company culture in the best ways. BambooHR has specialties in applicant tracking, talent management, and even payroll software, as well!

BambooHR has an estimated annual revenue of $82.5 million and a company size of 501-1,000.

3. 15five

15five will help you inspire growth and improve your business with employee performance management software and employee recognition software. Benefit from 15five’s high-quality employee performance management software today.

15five has an estimated annual revenue of $30.9 million and a company size of 201-500 employees.

4. Engagedly

Keep employees engaged with the best performance management software from Engagedly. Engagedly offers a mobile application management software solution that will truly allow you to stay on top of things in your company.

Engagedly has an estimated annual revenue of $8.8 million and a company size of 51-200 employees.

5. Lattice

Bring out the best in your people with Lattice. Since 2015, Lattice has been providing companies with high-quality HR performance management software, employee feedback software, analytics, and so many more useful tools.

Lattice has an estimated annual revenue of $37 million and a company size of 201-500 employees.

6. Peoplefluent

Peoplefluent is a top performance management software that will provide you with everything you need to drive the performance of your employees, from productivity tracking software to talent management.

Peoplefluent has a revenue of $210 million and a company size of 501-1,000 employees.

7. Slack

For a better way to work, choose Slack. Slack has a ton of great features such as workflow builder, file sharing, messaging, and video conferencing software, that will all boost the performance of your company.

Founded in 2009, Slack has a revenue of $401 million and a company size of 1,001-5,000.

8. Reflektive

Reflektive offers 360 degree feedback software and the best performance management system. Grow your business exponentially with Reflektive today.

Reflektive has an estimated annual revenue of $42.4 million and a company size of 51-200 employees.

9. Profit.Co

For the smart strategy implementation, quality employee performance tracking software, and the best productivity software, put your trust in Profit.Co.

Profit.Co has an estimated annual revenue of $8.8 million and a company size of 201-500 employees.

10. Assessteam

Make employee evaluation and performance management much easier with Assessteam. Assessteam will supply you with the corporate performance management solutions you need.

Assessteam was founded in 2007, has a revenue of $957,000, and has a company size of 11-50 employees.

FAQs

What tools are typically provided by performance management system software?

The tools that are typically provided by performance management system software include 1:1’s, objectives and key results (OKRs), performance reviews, and people analytics.

Do I really need performance management system software?

Yes, you really do need performance management system software.If your employees currently complain about the performance system or process, your HR invests hours on end organizing reviews and performance paperwork, and if a majority of your employees struggle with meeting goals and deadlines, you will greatly benefit from performance management system software.

What are the downsides of performance management system software?

The only downside of performance management system software is that not every software may have the features you require. Some software emphasizes goal setting, others focus more on development. Some software offers schedule reminders and a user-friendly dashboard, whereas others may not. Before getting software, take into account your company’s priorities and needs to avoid this downside.

Conclusion

With performance management system software, you can help yourself by helping your team. Bring out the best in your people in order to increase sales and revenue. Encourage and motivate your employees to give their best efforts with the help of performance management system software.


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