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Performance Management & Appraisal Software

Performance Management software automates the process of reviewing employee performance, setting new objectives, and writing individual development plans.

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BambooHR Performance Management transforms traditional, outdated performance reviews into a pain-free, development-focused process. Learn more about BambooHR
BambooHR Performance Management transforms traditional, outdated performance reviews into a pain-free, development-focused process. You’ll gain real-time insights into employee growth with our streamlined assessments, 360º feedback, and collaborative goals. Our powerful reporting allows managers to identify top performers, employees who are struggling employees, and spot manager/employee misalignments. Learn more about BambooHR

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
ClearCompany Performance Management improves your performance strategy with intuitive feedback tools and simplified review cycles. Learn more about ClearCompany
Conduct better reviews, increase feedback, and simplify review cycle management to improve your performance management strategy. ClearCompany Performance Management helps you implement an employee-first approach to performance management. Shift the focus of formal reviews from evaluation and ranking to employee growth and potential while driving engagement and focus with goal-planning tools. Save time and set the stage for productive performance management with ClearCompany. Learn more about ClearCompany

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Learn how leading midsize companies motivate and engage employees with online performance management software. See a free demo today! Learn more about Trakstar Perform
Motivate and engage employees with Trakstar's performance management software. Unlimited online performance reviews, automated workflows and reports. Manage performance reviews easily across hundreds or thousands of employees in your organization. Learn how leading mid size companies use Trakstar to increase employee engagement, streamline goal management and create an environment of real-time feedback to drive business growth. See a free demo today! Learn more about Trakstar Perform

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Lean how leading mid size companies complete more employee reviews with Reviewsnap. Automate & simplify the performance review process. Learn more about Reviewsnap
Complete more employee reviews with Reviewsnap's performance management software. Eliminate paperwork and save time with easy to use online tools. Manage performance reviews easily across hundreds or thousands of employees in your organization. Get up and running in 48 hours. Learn how leading mid size companies use Reviewsnap to enhance employee communication, morale, productivity and develop a culture focused on high performance. See a free demo today! Learn more about Reviewsnap

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Transform employee performance, engagement, and development with Lattice - the performance management system for today's digital world. Learn more about Lattice
Lattice’s Performance Management solution provides businesses with the tools to drive performance, identify top performers, and equip every employee to succeed with their work. From project-based to 360-degree, painlessly set up and administer review cycles employees and managers love. Lattice highlights context from updates, peer feedback, and goals so you save time — effortlessly tracking everyone’s accomplishments and improvement areas. Lattice’s Performance Management tools provide companies with a customizable solution that People teams can tailor to build a culture of continuous feedback and growth, elevating the work of employees and managers alike. Learn more about Lattice

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
With Bob, you customize the entire review process with personal settings, reminders, messages, and flows to loop in managers and peers. Learn more about Bob
Bob has everything you need to conduct 360° performance reviews in one centralized platform. Bob provides a 360° view of your people by incorporating their complete career timelines, goals, and achievements into the performance review, giving you the tools for a fair and unbiased review. In a few clicks, you can also collect reviews from every angle: self, manager, and direct reports. Empower your people to take an active role by selecting their own peer reviewers to gain valuable input. Learn more about Bob

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Align employee performance with business objectives, improve engagement, and drive results with eloomi's Performance Management System. Learn more about eloomi
eloomi's Performance Management System helps companies to align employee performance with business objectives, improve employee engagement, and drive results. With eloomi, you can motivate and support teams to achieve intended results faster and smarter. Give employees the resources and recognition they deserve. Have ongoing feedback sessions in a more effective, measurable way. Customize appraisals, set specific goals, and nurture skill development. Learn more about eloomi

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
WebHR is everyone's favorite and a global leader in Cloud HR - Helps you manage the most important asset in your company - your People! Learn more about WebHR
WebHR is revolutionizing the way HR works. WebHR is a Social all-in-one Cloud based HR Software for Small & Medium Enterprises that handles everything from Hire to Retire, in the most innovate way. WebHR not only saves money to the companies, but also boosts productivity, saves space and make inter and intra-office communications fast, reliable and more efficient. WebHR assists in managing a companys most important asset - its People. Learn more about WebHR

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Customizable automation of all processes within performance management. Learn more about Performance Pro
Performance Pro is a customizable, user-friendly, automated performance management platform. Save time with our customizable libraries of content from competencies to tools that help managers leave more meaningful feedback & establish smart goals. Empower your employees to pursue their own professional development, retain your top talent, provide a sense of purpose with goal alignment to strategic objectives, & truly drive an increase in performance & achievement throughout your organization. Learn more about Performance Pro

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Easy and complete employee performance toolkit. Everything you need to streamline employee reviews, goals, feedback, and engagement. Learn more about PerformYard
PerformYard is your complete employee performance toolkit. Build your vision of performance management with an easy-to-use system your people will love. Get streamlined performance reviews, check-ins, goal management, continuous feedback, and engagement surveys all in one place. PerformYard makes it easy to streamline the entire process and is flexible enough to work for any review process you can dream up. Learn more about PerformYard

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Quantive Results is a strategy execution platform based on the Objectives and Key Results (OKR) management methodology. Learn more about Quantive Results
Managers and HR can easily collect frequent and actionable real-time insights from their teams during multiple points of an individual's life-cycle. Quantive Results' downloadable and printable Employee view has everything you need to know about how an individual is tracking. Permissions settings ensure that privacy is protected. These reports are an ideal place to start when scheduling face-to-face meetings. Quantive Results is ideal for medium to large companies. Learn more about Quantive Results

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Use AI to efficiently and effectively manage both your company and team's performance with a holistic integrated platform for success! Learn more about Inspire
Inspire helps your company and people perform more efficiently and effectively with AI assisted goal setting and continuous performance management all in one integrated platform. We can integrate with most systems to supercharge your success. Our new AI features allow for time savings in managing people while having actionable data that can be visualized and used from C-Level to the individual contributor. Our software allows you to operate more efficiently, have happy & motivated employees, & ascend to peak levels of company performance. Learn more about Inspire

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Most-Integrated Performance Management platform with unmatched customization to help HR teams drive high team performance their way. Learn more about Peoplebox
It provides a single platform for performance reviews, aligned goals (OKRs), 1:1s, surveys, KPIs, initiative management, strategic meetings and People Analytics. Unlike other tools, its integration with Slack/Teams goes beyond notifications and lets you do entire performance reviews, engagement surveys, and OKR check-ins right within Slack/Teams. Another reason that makes it unique is its unmatched customization, intuitiveness and great customer support to help you tailor everything. Here are some features - Automated goal & project tracking, goal-based 360 reviews, custom weightage for goals, competency, and values, advanced formula for final rating calculation, Calibration, 9-box, personalized reminders, real-time engagement insights, KPI tracking, expert-built templates, single-form customization for different teams, and form personalization. Learn more about Peoplebox

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Build high‑performing teams with an agile, trusted review process and ongoing, growth-focused conversations that keep everyone aligned. Learn more about Culture Amp
With Culture Amp, prioritize and deliver impactful programs across performance management, employee engagement, and development – all in one intuitive platform. By leveraging science-backed goal/OKR tracking, 1-on-1 templates, built-in calibrations, and 360° feedback, you can create a performance review process that supports managers and employees. Discover how 6,500+ companies, including Salesforce, Unilever, and PwC use our trusted data, tools, and partnership to build high-performing teams. Learn more about Culture Amp

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Build high-performing teams and feedback culture, giving employees control and accountability while helping leaders be great coaches. Learn more about beqom
beqom Continuous Performance Management is an easy-to-use platform that gives you all the tools you need to help drive performance and engagement, including peer feedback, check-ins, goal-setting, surveys, 360 insights, and flexible performance reviews. Leveraging generative AI, beqom CPM provides a great user experience and helps you build a culture of feedback and continuous improvement. Create goals that are aligned with company objectives and values, and support employees and managers in staying on track with those goals. Combine with beqom Total Compensation for a complete compensation and performance solution. Learn more about beqom

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Asana is the easiest way to organize and manage work across teams at scale. See why Asana is a top performer on Capterra.
Asana is the perfect platform to help you manage and organise all of your teams meetings and performance. With Asana, you can orchestrate work across teams at scale–from daily tasks to strategic cross-functional initiatives. Asana is the only work management platform that turns goals into action and breaks down silos between teams. Join millions of free organizations across 190 countries rely on Asana to get more done with less! Learn more about Asana

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Zoho CRM empowers organizations with a complete customer relationship lifecycle management solution.
Zoho CRM empowers organizations with a complete customer relationship lifecycle management solution for managing organization-wide Sales, Marketing, Customer Support & Service and Inventory Management in a single business system! Learn more about Zoho CRM

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Canada Local product
ADP Workforce Now is a human capital management solution for companies with more than 50 employees.
The core capabilities of the solution are human resources management, payroll, benefits, talent management, compliance, time & labor management, analytics & benchmarking. The fully integrated suite is built on a single database, which automates data synchronization across different components and helps users to minimize manual administrative tasks. The platform also integrates with other HR and business applications via the ADP Marketplace and APIs. Learn more about ADP Workforce Now

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Improve your HR processes by building custom workflows on monday.com for your employee performance reviews using our advanced forms.
Improve your HR processes by building custom workflows on monday.com for your employee performance reviews using our advanced forms. In fact, you can manage your entire employee life cycle on this flexible platform. Simply start with one of our ready-made templates and create recruitment pipelines, employee onboarding tools, and engagement surveys all with a few clicks. Then automate your workflows so you can stop working on manual work, and focus on tasks that really make a difference. Learn more about monday.com

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Boost productivity with customizable Docs, Reminders, Goals, Chat & more. Trusted by 800k+ teams. Streamline workflow today!
ClickUp is an all-in-one productivity platform that eliminates work silos. It's the hub where teams come together to plan, organize, and collaborate on work using tasks, Docs, Chat, Goals, Whiteboards, and more. Easily customized with just a few clicks, ClickUp helps teams of all types and sizes deliver work more effectively. By replacing inflexible and overlapping tools, ClickUp helps teams save one day each week! Learn more about ClickUp

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
One place to run your global workforce—from HR to payroll and expenses to devices and apps.
Rippling gives businesses one place to run HR, IT, & Finance. It brings together all workforce systems that are normally scattered across a company like payroll, expenses, benefits, & computers. For the first time ever, you can manage and automate every part of the employee lifecycle in one system. Take onboarding, for example. With Rippling, you can hire a new employee anywhere in the world and set up their payroll, corporate card, computer, benefits, & even third-party apps within 90 seconds. Learn more about Rippling

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Wrike is a work management software used for performance appraisals with custom reports, time tracking, workload overviews, and more.
Wrike is a work management software trusted by 20,000+ companies and over two million users. Streamline your performance appraisal using customized performance reports, Kanban boards, workload view, time-tracking reports, custom request forms, and shared workflows all in one place. Integrate Wrike with 400+ applications for better insights and seamless performance appraisal. Customize your workflows so you can see progress at every step. Transform your performance appraisal process with Wrike. Learn more about Wrike

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Cloud-based human resources solution that helps businesses streamline workforce planning, talent management, and payroll processes.
Workday HCM is a single, cloud-based solution for workforce planning, talent management, and payroll processes helping customers adapt and thrive in a changing world. Workday applications are built with artificial intelligence and machine learning at the core to help organizations around the world embrace the future of work. Workday is used by more than 10,000 organizations around the world and across industries—from medium-sized businesses to more than 50% of the Fortune 500. Learn more about Workday HCM

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Motivosity is an employee engagement platform that helps develop your managers and build great cultures.
Motivosity is an employee engagement platform that helps develop your managers and build great cultures. Motivosity helps managers at every level have the tools they need for success and to support their team members. From 1 on 1s and Collaborative Agendas to Coaching and Succession Planning we ensure better alignment with employees, better relationships focused on growth and development, and quantitative date about manager performance and interactions. Learn more about Motivosity

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal
Dayforce is the global people platform for the modern workforce, providing organizations of all industries and sizes.
What is Dayforce? Dayforce is the global people platform for the modern workforce. As a single application, Dayforce unifies data from across the entire employee lifecycle, combining payroll, benefits, workforce management, human resources, talent management, and analytics to provide organizations with real-time, data-driven results at every level. Organizations can find and hire the right people, create schedules that support work-life balance, manage employee development, process global pay, administer benefits, and unlock workforce insights, all while monitoring compliance. With Dayforce, organizations can unlock quantifiable value and operate anywhere with confidence. Who uses Dayforce? Dayforce is designed to scale up or down for organizations with between 100 to 12,000+ employees across all industries. Learn more about Dayforce HCM

Features

  • 360 Degree Feedback Software
  • Compensation Management Software
  • Skills Assessment
  • Individual Development Plans
  • Customizable Templates
  • Ongoing Performance Tracking
  • Self Service Portal
  • Review Cycle Tracking
  • Surveys & Feedback
  • Employee Database
  • Performance Appraisal

Performance Management & Appraisal Software Buyers Guide

What is performance appraisal software?

Performance appraisal software is used by businesses across Canada to automate employee evaluation and all related operations. Employee performance management software streamlines the process of collecting and reviewing employee performance, sets objectives, and creates individual development plans. It helps managers set annual goals and objectives for their team members, as well as identify top performers and underperformers.

Some performance appraisal software includes 360-degree feedback tools, which allow employees to complete self evaluations and be evaluated by their manager, peers, and direct reports.

Read on to discover the benefits you could bring your organization by deploying performance appraisal software, as well as the core features of performance review software and key considerations to make during the purchasing process.

What are the benefits of performance appraisal software?

Performance appraisal software provides benefits not only to the businesses that deploy them, such as greater efficiency and productivity, but also for employees.

  • Improve performance tracking: Unlike a traditional performance review system where managers capture feedback only once or twice a year (which can lead to recency bias), performance appraisal software allows users to gather employee and manager feedback throughout the year. This gives a complete and honest picture of the employee's performance throughout the year and helps managers evaluate them more accurately.
  • Boost employee motivation: Performance appraisal system connects managers and employees on a common platform where they can discuss and set individual goals, objectives, and professional development plans. Employees can view their performance and map their productivity against the assigned goals.

What are the typical features of a performance appraisal system?

Given that performance appraisal systems are used in tandem by managers and their employees, these platforms tend to have a range of features that optimize them for a wide-range of usage.

  • 360-degree feedback: Enables managers, peers, and direct reports to leave anonymous feedback on employees so that employees can see how others perceive their performance work and quality.
  • Ongoing performance tracking: Gather and analyze employee and manager feedback in real-time and map employee productivity against set goals and objectives.
  • Objective/goal setting: Allow managers to configure and set goals and objectives for every individual on their team.
  • Appraisal history tracking: Track term appraisals, increments, and promotional benefits throughout a job tenure.
  • Self-appraisals: Give individuals the tools to evaluate their own performance.

What should be considered when purchasing a performance appraisal system?

Before purchasing a performance appraisal system, organizations should take a few factors into consideration to ensure they are choosing the best performance management software for their operations.

  • Integration with other HR systems: If your business is not using a full-fledged human resource management (HRM) system, we recommend choosing performance appraisal software that integrates with other HR applications such as benefits and administration, payroll, attendance, and learning management systems. Integrations will allow the HR department to transfer data between systems.
  • Data security: Performance appraisal system deals with highly confidential employee data including personal details, salaries, and benefits. If the software is hosted on the cloud, the vendor should comply with data security standards to safeguard any employee data that is saved on their servers. Businesses should validate vendors' compliance certificates and data security standards before shortlisting software.

Performance review tools are subject to industry trends which buyers should be aware of in order to make the right purchasing decision.

  • AI will improve the performance review process: Businesses are shifting from traditional employee performance reviews, which are done once or twice a year, to a continuous ongoing process. Despite this, the integrity of the employee feedback process can still be compromised by human error and manager bias. Performance appraisal solutions backed by artificial intelligence (AI) can help businesses eliminate biases to a great extent. An AI-driven system will capture employee performance details on a real-time basis throughout the year. AI can also recommend training and development programs for employees based on their performance history. Software vendors such as Butterfly.ai and Know Your Day have already added artificial intelligence to their performance tracking software.
  • Cloud adoption continues to rise: More and more performance appraisal software vendors are taking their products to the cloud. In fact, according to Gartner, cloud adoption increased across all geographies by 26%, which accounted for 51% of all human capital management (HCM) revenue in 2017. This trend primarily benefits small and midsize businesses as they can access HR applications at a low subscription cost and save themselves from having to make heavy infrastructure investments for on-premise tools."