Performance Management Software
What is Performance Management Software?
Performance management software solutions aim to assist managerial staff in the evaluation of their employees’ performances in relation to organizational goals and established performance standards. Performance management software solutions also manage the progress – or development – of each employees’ performance. Performance management software solutions foster productive discussions between management and its staff by allowing for the facilitation of continuous feedback. While capable of being a standalone solution, performance management systems are often part of a greater HR management suite. Utilized by HR departments across industries, performance management software solutions are often implemented to improve employee productivity, goal development and management, and feedback management.
Common Features
- Performance Reviews
- Check-Ins/1-on-1s
- Feedback Models
- Goal Setting and Tracking (Goal Management)
- Reporting and Analytics
- Integration Capabilities
- Dashboard
- Development Planning
- Employee Engagement
- Employee Recognition
- Compensation/Promotion Management
- Company Objectives and Key Results
- 360 Feedback Process
- 9-Box Grid
- Goal Setting & Monitoring
Our Methodology
Composite Score
Vendors are ranked by the composite score, which is comprised of feature, capability, relationship, and overall satisfaction scores while factoring in the volume and recency of reviews.
CX Score
The CX score is comprised of the emotional footprint metrics, balanced by metrics related to the overall value of the software, while factoring in the volume and recency of reviews.
Data Quadrant
SoftwareReviews collects user insights that help organizations more effectively choose software that meets their needs, measure business value, and improve selection.
Rankings, results, and positioning on SoftwareReviews reports are based entirely on end-user feedback solicited from a proprietary online survey engine.
Leaders
Products that resonate strongest in the market, balancing features with a great user experience.
Product Innovators
Products that emphasize product features, gaining strong recommendations from their customers.
Service Stars
Products that emphasize a good user experience and build strong relationships with customers.
Challengers
Products that are strong performers in some areas and trail in others. Often up-and-coming vendors.
Emotional Footprint
SoftwareReviews collects user insights that help organizations more effectively choose software that meets their needs, measure business value, and improve selection.
Rankings, results, and positioning on SoftwareReviews reports are based entirely on end-user feedback solicited by a proprietary online survey engine.
Champions
Products that resonate highly with users at an emotional level. Users have specific emotional views towards these products like love, trust, and effectiveness.
Relationship Builders
Products that are bulletproof and focus on fulfilling core needs with steady support, not the latest feature.
Value Players
Products that succeed on cost and service effectiveness with users.
Contenders
Products seen as good in some areas and trailing in others. Users look to these for innovation at the edge but aren't fully committed.
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