Tech.co logo

Performance Management Software

Performance Management Software can be a powerful support to help your business get the best result out of its staff. It lets you set objectives, targets and time-stamped outcomes. It can also be an effective tool for gathering feedback and having constructive conversations with team members.

It’s all too easy to view “performance management” as dealing with negative scenarios, namely underperformance. But used correctly, Performance Management can help you set goals and recognise great staff performances, too.

In our Performance Management Software reviews and advice guides, we help you to understand the best tools and options for businesses of any size, plus how to get the best out of this kind of software.

What Is Performance Management Software?

Put simply, Performance Management Software is a type of system that helps you to set team or individual objectives, plus organize feedback and regular manager-employee conversations.

Plenty of us may recognize the impact of leaving such things disorganized. Without clear objectives and regular feedback, it’s easy to lose sight of how your business and your staff are tracking against priority projects. The result? Missed objectives, and potential growing malaise.

Performance Management Software can help your business avoid such pitfalls, while recognizing successful contributions and helping managers deal with problems along the way.

How Much Does Performance Management Software Cost?

Performance Management Software is an investment for your business, helping you build a platform for successful growth and improving individual performances along the way.

The exact costs for Performance Management Software will vary depending on the size of your business and the depth of the features you need.

Costs may be per user, starting from around $5 per user, per month. These can scale up to $20 per user, per month, depending on the platform you choose.

Performance Management Software Benefits

Once you’re up and running with Performance Management Software, the benefits for your business can be immense. These include:

  • Clear visibility of individual and team objectives
  • Progress against project goals
  • More formalized feedback capture
  • One-to-one and regular review outcomes captured

In short, Performance Management Software can organize your business and staff members around transparent objectives and feedback.

Best Performance Management Tools

Performance Management Software is a surprisingly competitive field, with plenty of big names vying for your business.

Namely is one of the leading software brands in the space. Betterworks and Workday are also major Performance Management tools to consider.

Before you choose, check out our no-nonsense Performance Management Software reviews for an overview of the key benefits of each.

Learn More About Performance Management Software:

Performance Management Software

Trakstar Review 2019

Trakstar is well-designed performance management software which aims to motivate your employees. Check out our Trakstar review for features, pricing plans, pros, and cons to fully understand what this service can offer your business.

Performance Management Software

UltiPro Review 2019

Ultimate Software's UltiPro includes essential performance management abilities. The blocky interface is functional, and the 24/7 customer support options are appealing. Read on for our full review, covering core features, support, and pricing.

Performance Management Software

Reviewsnap Review 2019

Reviewsnap is widely acclaimed, notably robust performance management software with a simple annual pricing model. Check out our Reviewsnap review now for all the features, pricing plans, pros, and cons before you make a decision for yourself.

Performance Management Software

SAP Successfactors Review 2019

SAP Successfactors offers performance management tools for handling the major aspects of managing business performance: Setting goals, streamlining processes, and improving meetings or reviews. Read on for our full review to find out more about its features, support, and pricing.

Performance Management Software

Impraise Review 2019

Impraise is intuitive performance management software that focuses on providing employees with a range of feedback options. Check out our Impraise Review now to understand all the features, price points, pros, and cons before you make a decision for yourself.

Performance Management Software

Reflektive Review 2019

Reflektive is easy to use performance management software with a basic interface, comprehensive analytics, and Gmail integration. Check out our Reflektive review now for all the information you might need to make an informed decision for yourself.

Performance Management Software

BambooHR Review 2019

BambooHR offers a one-stop-shop for business software. As well as HR services, it provides a performance management module that includes reviews, reports, and feedback. Our review covers BambooHR's core performance management features, its support options, and its price plans.

Performance Management Software

Engagedly Review 2019

Engagedly is a comprehensive performance management service that's available at a reasonable cost, and bolstered by a strong customer service team. However, it isn't suitable for smaller startups. This review looks at the software's pros, cons, features, and pricing.

Performance Management Software

Workday Review 2019

Workday is easy to use, but may require a bit of a learning curve given the number of features it packs in. It covers everything a business should need to track performance. Our review looks at its core features, support team, and pricing plans.

Performance Management Software

Zoho People Review 2019

Zoho is a comprehensive HR software that automates and simplifies your employee and management needs. Check out our review for more information – including pricing points, added features, pros, and cons – to help you make a decision for yourself.

Performance Management Software

Lattice Review 2019

Lattice performance management software stands out due to its well-built interface, which lets users see goals, reviews, and feedback for employees, teams, and companies in a streamlined, intuitive manner. Read on for our review, covering core features, support, and pricing.

Performance Management Software

Betterworks Review 2019

Betterworks is a heavy-duty, reporting-focused performance management software that helps you measure what matters on your team. Check out our review to get a better idea of the features included, the pricing options, and all the pros and cons.

Performance Management Software

Namely Review 2019

Namely provides a software solution for companies that marries performance management with HR, payroll, benefits, and other tools. Our review covers its core performance management features, support options, and pricing details, ending with a final verdict on its worth.