Business Performance Management Software
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Compare the Top Business Performance Management Software of 2020
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Compare the best Business Performance Management software currently available using the table below.
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1
Actus
Advance Change
Are you struggling to manage productivity remotely? Actus Virtual Performance and Talent Management Software provides the structure and visibility to enhance the performance of your remote workers. Simple to use and easy to roll out, Actus can reconnect you with your virtual workforce. Comprehensive functionality includes objectives, appraisal, 121s, recognition, 360 survey, onboarding, talent mgmt, succession planning & more. If you are a UK business with 100+ people why not take a look?
Starting Price: $1.00/month/user -
2
Primalogik
Primalogik Software Solutions
Organize 360° feedback surveys and performance evaluations for your employees with Primalogik. Simple, flexible, and affordable, Primalogik is crucial to creating a culture of honest feedback in workplaces, strengthening relationships and encouraging growth. Primalogik offers a range of features for simple and streamlined performance management. Top features include 360° feedback surveys, performance appraisals, goals and engagement surveys.
Starting Price: $108/month/25users -
3
Rhythm Systems
Rhythm Systems
Rhythm software provides a competitive advantage to help high-growth companies execute and hit their strategic growth goals. Rhythm Systems cloud-based strategic planning software and white-glove service provide a competitive advantage to help fast-growth companies execute and hit their growth goals more predictably. Our clients use Rhythm to document their strategic plans and create weekly dashboards so their teams can be held accountable to execute against them with precision. Our implementation is quick and painless. We put your strategic plan into Rhythm and your team is up and running at your next weekly meeting.
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4
Wrike
Wrike
Get full visibility and control over your tasks and projects with Wrike. A cloud-based collaboration and project management software, Wrike is trusted by leading companies, such as airbnb and Verizon, to help their teams achieve more. Wrike offers world-class features that empower cross-functional, distributed, or growing teams take their projects from the initial request stage all the way to tracking work progress and reporting results.
Starting Price: $9.80 per user per month -
5
iGrafx
iGrafx
We believe that process is at the center of everything. We deliver business transformation software that turns your processes into a portfolio of valuable assets. Our platform is the most comprehensive, supporting RPA and workflow automation, customer journey, governance, risk, compliance, and more, as well as SaaS and private cloud deployment. It’s also the most scalable, currently supporting the largest, global enterprise requirements. We possess 400+ years of process passion, and we share it.
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6
Looker
Google
Looker is a data analytics solution software that helps companies reanalyze business intelligence and data visualization. Users can easily integrate data from across data sources into a single view. With Looker employees can organize data, and make better-educated decisions when they access fresh reliable data.
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7
Priority Matrix
Appfluence
Priority Matrix is a productivity tool for Outlook and Microsoft Teams that helps teams manage, prioritize, and focus on high-impact tasks. Customers save 100 hours per person per year using Priority Matrix to help them have more effective meetings, better prioritize emails, and create team alignment across the entire organization. *Priority Matrix is featured by Microsoft on the Teams app store, and is used by thousands of organizations. Use Priority Matrix to get more out of Microsoft Teams, increase engagement of Office, and help everyone better unify emails and chat together on one platform. What makes Priority Matrix better than the rest? - Full-featured project management solution that works within Teams and Outlook - Designed to reduce context switching so that you can stay focused. - Integrated with Outlook so you don't need any other apps to collaborate - Artificial Intelligence technology helps prioritize and track the right project and people
Starting Price: $12.00/month/user -
8
Budget Maestro
Centage
For faster and more accurate budgeting and planning, turn to Budget Maestro. A scalable, cloud-based budgeting and forecasting solution from Maestro, Budget Maestro is for small and midmarket companies looking to automate time-consuming budgeting, planning, forecasting, reporting and analysis activities. Budget Maestro helps companies move beyond spreadsheets by offering tools for building complete and accurate budget in days, performing dynamic what-if scenarios, generating forecasted balance sheet and cash flow statement, customizing financial dashboards, and so much more.
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9
Ezzy Kpi
EZZYKPI
EZZYKPI is a Australia software company and offers a software title called Ezzy Kpi. Ezzy Kpi offers training via documentation. Ezzy Kpi offers a free version. Ezzy Kpi is business performance management software, and includes features such as dashboard, key performance indicators, scorecarding, and strategic planning. With regards to system requirements, Ezzy Kpi is available as SaaS software. Costs start at $10.00/month. Ezzy Kpi includes online support, and business hours support. Some alternative products to Ezzy Kpi include StrategyShare, KPI Fire, and Board.
Starting Price: $10.00/month -
10
Scientrix
Scientrix
Scientrix is a software company based in Ireland that was founded in 2005 and offers a software product called Scientrix. Scientrix offers training via documentation, webinars, live online, and in person sessions. Scientrix is collaboration software, and includes features such as collaboration, gantt charts, progress tracking, task planning, task scheduling, task tracking, time tracking, To-Do list view, create subtasks, Reporting/Analytics, gamification, mobile access, task board view, and spreadsheet view. Scientrix offers online support, business hours support, and 24/7 live support. Scientrix offers a free trial. Scientrix is available as SaaS software. Some alternative products to Scientrix include Wrike, Smartsheet, and Priority Matrix.
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11
SPSS
IBM
Founded in 1911, IBM is a software organization based in the United States that offers a piece of software called SPSS. The SPSS software suite is Windows, and Linux software. SPSS offers online, and 24/7 live support. SPSS is big data software, and includes features such as collaboration, data mining, and predictive analytics. Software pricing starts at $1.00/one-time/user. Some competitor software products to SPSS include Salesforce Analytics Cloud, Domo, and Analance.
Starting Price: $1.00/one-time/user -
12
Appraisd
Appraisd
Appraisd brings performance culture to life. It’s fresh, quick and intuitive to use. It’s been created around an ethos which puts employees first, allowing them to take ownership of their own development. It provides employers and line managers greater visibility and flexibility, driving forward a more inclusive and engaging approach. As it is cloud-based it can be used at any time, in any location, on any device. It is the perfect fit for today’s ever-evolving business needs, supporting employees whether they are working together or remotely.
Starting Price: £2,250 minimum fee per year -
13
KPI Fire
KPI Fire
KPI Fire is operational excellence software that enables companies to align their teams and achieve their business goals. Simple and easy-to-use, KPI Fire provides KPI dashboard, project management, and strategic planning features that help you manage improvement projects with ease, make cascading goals for your company and departments, and view KPIs in real-time. Trusted by leading companies to execute their strategies, KPI Fire helps teams to collaborate and manage their work in a seamless way.
Starting Price: $149/mo for team of 3 -
14
ESM+Strategy
ESM Software Group
Eliminate the use of complex spreadsheets and slide deck creation in strategic planning with ESM+Strategy. ESM+Strategy is an all-in-one business strategy software that empowers companies to improve their strategic planning with balanced scorecards, integrated KPIs, custom reports, and strategy maps. The platform features simple navigation and interface and comes loaded with powerful analytics.
Starting Price: $880.00/month -
15
ClearPoint Strategy
Ascendant Strategy Management
Transform how your organization create management reports with ClearPoint Strategy, a Software-as-a-Service balanced scorecard and strategy software. Designed for strategy and finance managers, healthcare administrators, city management professionals, and more, ClearPoint Strategy is a powerful tool for facilitating decision-making and execution. The platform supports the Norton and Kaplan Balanced Scorecard methodology and offers a wide range of features including scorecards and dashboards, customization, reports, data integration, and more.
Starting Price: $50.00/month/user -
16
Snowfly
Snowfly Performance Inc.
Our unique game-driven incentive, gamification, wellness, and engagement approach utilized in conjunction with our innovative software application, motivating rewards, and fully featured incentive services will enable your organization to create, implement, and manage an effective and engaging recognition, reward, and analytics program. Using features like badges, challenges, leaderboards, raffles, and a bunch of automation, you can create YOUR program. Snowfly provides industry module templates that allow you to take our decades of experience and make them your own. Then, add on our consulting and business services and have a program that not only engages your employees, automates your incentives, and provides Gamification but ALSO moves the needle and improves your bottom line. Don't settle on "checking the Gamification" box, use a program that will make a difference that your employees will use for YEARS. Come have some fun with Snowfly!
Starting Price: $5.00/month/user -
17
ProHance
Jamocha Tech Pvt Ltd
ProHance is a global operations management platform that helps provide visibility in your operations on a real time basis. ProHance helps you view your operations holistically and identify opportunities for collaboration & optimization across your Enterprise. It helps you unlock the full potential of your Human Capital and Digital Investments by identifying how your teams spend time that impacts your customers and enterprise. The visibility and actionable analytics ProHance provides helps operations become more Lean, Agile and Customer Centric.
Starting Price: $8 per user per month -
18
Keka HR
Keka Technologies Private Limited
keka is a Modern HR and Payroll software for small and medium-sized businesses that manage employee engagement, it has time tracking, attendance management, and leave management system.
Starting Price: Rs 6999/month/100 emp -
19
Acterys
FP&A Software
Acterys is an integrated platform for Corporate Performance Management (CPM) and Financial Planning & Analytics (FP&A) integrated with Microsoft Azure, Power BI and Excel. Automate the integration of all your relevant data sources with connectors to a variety of ERP/ accounting / Saas solutions and run all CPM processes on a single platform based on market leading SQL Server technologies (Azure & on-premise) Profit form ready made, fully configurable application templates for all aspects of planning, forecasting and consolidation. Business users can implement FP&A and CPM processes exactly to their needs, natively integrated with your day to day productivity solutions.
Starting Price: $49.00/month/user -
20
Socialsuite
Socialsuite
Socialsuite helps a diverse range of organisations monitor their impact on people. Using Socialsuite makes it easy to measure and monitor how your organisation, its programs and services affect the community and the environment. Simple, automated data-collection and analysis tools help you discover how investments in social programs are meeting their objectives. Our global customer base include financial institutions, large companies, government agencies, philanthropic foundations, not-for-profits and NGOs that want to monitor and fully understand how they impact people.
Starting Price: $89.00/user/month -
21
Astuity BPM
Brilliant Idea Software
Astuity BPM by Brilliant Idea Software is the most comprehensive planning, consolidations, budgeting, and financial reporting software on the market. As a Microsoft-centered application, Astuity BPM can be self-hosted, made to work through a cloud services provider, or over the web. With Astuity BPM, you can simplify data collection using its Excel add-in or via flexible data entry screens. As the leading performance management solution, Astuity BPM offers a comprehensive planning functionality along with powerful financial reporting, consolidation, and analytical capabilities.
Starting Price: $15000.00/one-time -
22
Jedox Performance Management
Jedox
Jedox empowers enterprises to take their operations to the next level. Offering advanced and robust corporate performance management solutions, Jedox helps businesses of all sizes and industries to understand, analyze, and plan all areas of their business within a single platform. Top functionalities offered by Jedox include self-service budgeting, planning and forecasting, along with intuitive analytics and Business Intelligence (BI) dashboards.
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23
Boomi Flow
Dell
Dell Boomi Flow (formerly ManyWho) is a low code platform for apps that provides features for building any processes users need for their businesses without the help of a developer. With Boomi Flow, users are able to create diagram flowcharts that include data access, tasks, automated actions and more. Boomi Flow enables users to build dynamic forms with rules, permissions, and conditional logic. Boomi Flow also connects easily with popular cloud applications.
Starting Price: $10.00 per user per month -
24
MYOB Essentials
MYOB
Flexible online accounting software on every device. Software packed with easy-to-use features that can grow with your business. Be confident with Single Touch Payroll approved software. Manage and track your spending with connected bank accounts. Invite your accountant, bookkeeper or business partner to your account. Create business reports - and learn from them. Capture receipts and send invoices on your phone. 24/7 expert support online, by phone or your account. High data security standards on any device you work on. 100% cloud based online accounting software. No contracts and a 90-day money back guarantee.
Starting Price: $10 per user per month -
25
idu-Concept
idu Software
IDU makes budgeting, forecasting, performance management and reporting tools to simplify financial management. Our flagship product, idu-Concept, provides easy, effective budgeting and financial reporting for medium-sized to large businesses. idu-Concept integrates easily with ERP software, but unlike more cumbersome offerings, idu-Concept can be implemented quickly, requires little or no ongoing consulting fees and reduces budgeting cycles from months to weeks.
Starting Price: $50.00/month/user
What is Business Performance Management Software?
When stepping into the role of a human resource professional, also known as HR, your number one assignment is to recruit highly qualified individuals to join your company. The more difficult task lies within the management and maintenance of the newly recruited team members. This job will demand energy from the angle of the employee and also from the angle of the employer. As a result of the commitment needed, HR software has been in high demand and companies worldwide have invested billions in the software. The benefits included in HR software are diverse and provide coverage in areas of administration, training, applicant tracking (AT), performance management, payroll and many more areas. Different software varies in the solutions that they provide. Though they vary, each given area is crafted to help implement a workforce and a work environment that is healthy and productive.
Businesses that range from small to mid-sized benefit greatly when using HR software. Small to mid-sized businesses (SMBs) have the freedom of tracking the performance of its employees more efficiently. Tracking may include certification and advancement training and payroll that consists of compensation and bonuses.
Performance Management Software in Comparison
Understanding the different components and features found within performance management will allow you to properly compare solutions. It is preferred that the most basic performance management system should cover these three areas.
- Goals, feedback and coaching: Whatever HR tool you are using, it should consist of a way to allow goals to be set by managers and employees. After the goals have been set, tracking them along with giving feedback, documenting trainings provided and witnessing the response of the employee should all be included in the tool. An example of this would be represented by a written component that allows logging of coaching sessions by the manager and employee. For something more structured and formal, the tool may consist of forms and other documents in need of approval on many levels as well as the inclusion of scoring numerically.
- Review process of performance: It is common for companies to implement as little as one and sometimes two forms of evaluation. These evaluation forms are to be filled out by the manager and employee to be reviewed in the future. Then there are some companies that will need to view logged data more often. As a result of this requirement, being able to access the performance of each employee would be more efficiently viewed through a dashboard. When using a dashboard, the employer can view real-time assessment of skills, job quality and any feedback that has been given. Email and the routing of documents can be used to automate the process.
- Compensation: This task is not required. Instead, it will depend on the flow of your company. If compensation is in line with the performance metrics of your company, this may be needed. Not all companies compensate its employees based on performance. However, there are some that prefer to compensate employees when performance is extremely high. On the contrary, sanctions are enforced when performance is on the lower end. This is often practiced by SMBs.
When other organizations gauge the compensation amount, many use scores that track the performance. This score determines compensation for salaries, jobs that are the same and different, benefit tiers and opportunities for stock. HR tool suites are designed specifically to monitor and calculate the numbers involved in payroll and performance maintenance. The tool suites work with formulas to complete the task of monitoring compensation. In general, more work is required. However, this is a healthy method for motivating your employees. It also ensures that your investment in your company is more than worth it.
Everything Works Together
Throughout the years, we have familiarized ourselves with the understanding that performance management is conducted annually by the HR department or a supervisor that we may or may not have met before. It is common to accept that goals are met semi-annually and for the review process to take place in increments of six or 12 months. This process can be beneficial. However, the HR tools that have been reviewed offer performance management that is more disciplined for managers in the business world of today.
When employee performance is automated by the routing of documents and through the use of emails, the management of employee performance is easily grafted into everyday workflow. The tools offer a method for enhancing communication through tracking and documentation. This isn’t meant to turn the work environment into one that is stressful. Instead, the tracking of performance will be more efficiently monitored.
In reality, the goals for each job, along with its requirements, can differ from day to day. In this case, semi-annual tracking would not be very beneficial. The performance of each employee becomes much clearer when managers are able to monitor the advancement of skills and needs by use of dashboards and other HR tools. What makes this works so well is being able to complete this process without causing stress on employees and managers.
As HR software progresses the production focuses on crafting an experience that is centered around usability rather than just a system of monitoring numbers. HR professionals and managers are able to view data from a visual standpoint through the advanced features of reporting. Each report can be customized according to preferences. When considering the long-term success of your company, many take advantage of employee management by accessing the data through mobile devices.
If you are a company seeking to find a better method for employee performance management, utilizing PM and HR tools will help you do that. Listed in this performance management review, you will discover alternative ways to retain your most valued employees, while taking complete advantage of the investment you’ve made in each employee.
What Type of Performance Management Software Buyer Are You?
There are some things you should consider before purchasing HR software. You should first know the type of buyer you are. The categories listed below will include at least 90 percent of buyers.
- Integrated suite buyers are a part of companies that have HR procedures that work inefficiently and lack proper management. It is not uncommon for their reviews of performance to be significantly out of date. The overall goal of this type of buyer is to improve upon the HR system that is already in place. Crafting a workflow that moves more efficiently for both employees and managers is the ultimate goal. For this type of buyer, HR tools that provide systems of evaluation for employees and a strong variety of applications will work best.
- Best-of-breed buyers work for businesses that are seeking to find alternative methods for the improvement of HR review procedures. Though the company already has a HR solution, it may be in need of one that works more efficiently for the sake of the company. User friendly tools are what this type of buyer seeks. With these tools the buyer is able to implement the HR solutions into their company without greatly disrupting the overall workflow.
- Cost-conscious buyers are looking for an upgrade in the monitoring of their company’s performance management procedures. Though this type of buyer is seeking an upgrade, being sure to keep the costs low while improving upon the engagement of all employees is very important. There are many HR solution tools that can be found at a low cost. However, the SaaS model is making a big impact in this particular industry. As a result of this, organizations are able to implement performance management tools of high value into their company while having resources that are limited.
The Pros and Cons of Performance Management Software
As a result of the ongoing developments of HR solution software, organizations are able to more efficiently motivate, increase the engagement and retain top employees with a lot less stress. It boils down to being able to understand the needs of employees and managers, followed by matching those needs with the HR tools that best suit the company now and in the future. When you implement new HR software into the development of your organization, you are able to maximize the overall health of your company and its employees.
Managers don’t always have the time available to complete the necessary reviews each year. It is a very tedious task to look over records, track performance and submit the required forms needed each year. When organizations fail to implement these tasks themselves through annual reviews, the company suffers after not being able to fully take advantage of the information to be gathered with each annual review. The enforcement of the strategies themselves can be hard to accomplish. This leaves room for loss of the best talent along with damaging the organization.