The Best Performance Management Software for 2023

Find up to date customer review and pricing information on performance management software, along with answers to common questions.

Updated on January 20th, 2023

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Performance Management Software gives companies an easy way to improve their employees' performance. With real-time feedback on productivity and goal tracking, issues are flagged earlier, appraisals are more accurate, and annual performance reviews are replaced with an ongoing dynamic process.

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Why We Chose Performly Talent:

Performly Talent is an excellent performance management platform that offers a wide range of innovative features. Some of these features include coaching channels, performance analytics, and task management tools. Furthermore, it has a gentle learning curve with plenty of customization options.

Performly Talent is a cloud-based software, which allows centralized data storage and instant access to documents from anywhere. It also means that the software works across multiple employee devices.

Performly Talent is reasonably priced, offering one performance management plan that starts at $4.00 per user per month, as well as payroll and HR plans that range between $1.00 per user per month and $7.00 per user per month.

Things to Consider When Evaluating Performance Management Software:

  1. Look for customization options. Oftentimes, HR managers need to make changes to suit their unique performance review process. A flexible platform will benefit you.
  2. Ensure that the software is user-friendly. The software might be used by many different people in your business, so you'd want one that doesn't require any steep training or learning curve.
  3. Determine what you want from performance management software. Once you've identified the problems you wish to address and the core features you're interested in, find software that aligns with your own objectives with respect to your employee performance process.

The Best Performance Management Software:

Rank

Name

Offer

Review

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1.

Performly Talent

From $4.00 /user /mo.

A highly recommended platform that offers innovative features like coaching channels and task management tools, among many others.

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2.

PeopleGoal

From $10.00 /user /mo.

A data-driven performance management platform that is well-designed and offers a host of useful features.

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3.

Sage HR

From $5.50 /mo /user.

An excellent tool that has a user-friendly dashboard and plenty of customization options.

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4.

Cornerstone PiiQ

Contact for quote.

An excellent platform that goes beyond performance management to offer useful employee training and development courses.

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5.

BetterUp

Contact for quote.

An excellent tool that is intuitively designed and has helpful customer support.

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6.

Culture Amp

Contact for quote.

A great option that offers a multitude of integrations and customization options.

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7.

Zoho People

Free and paid options.

A feature-rich HR and performance management platform that offers a forever free plan.

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FAQs:

What is the best tool for performance management?

  1. Performly Talent.
  2. PeopleGoal.
  3. Sage HR.
  4. Cornerstone PiiQ.
  5. BetterUp.
  6. Culture Amp.
  7. Zoho People.

What is the future of performance management?

Performance management software continues to offer more innovative and AI-powered tools that improve employees' performance. Some impressive features include goal tracking, flagging issues, drafting accurate appraisals, and replacing annual performance reviews with an ongoing dynamic process.

How much does a performance management system cost?

Pricing for performance management systems ranges between $4.00 and $10.00 per user per month.

What are the different types of performance management systems?

Performance management systems typically include goal setting, 360-degree feedback, performance reviews, and a performance improvement process.

What is HR performance management software?

HR performance management software is a tool which allows HR teams to more accurately track and manage employee performance. It does this through features like employee performance reports, goal tracking, and real-time feedback.

What is sales performance management software?

Sales performance management software is specifically designed for a company's sales reps, to better manage and improve their performance. It helps sales managers monitor behavior and coach their sales reps more effectively.

Best corporate performance management software vendors

What are the best corporate performance management software vendors?

Adaptive Insights, Zoho People, and PeopleGoal are a few of the best corporate performance management software vendors.

What is employee performance management software?

Employee performance management software is also known as HR performance management software. It's a tool which can be used to replace annual performance reviews with real-time progress tracking and feedback.

Should you be using performance appraisal software for your small business?

Using performance review software is a smart move for small companies. It gives you the ability to track employee performance more accurately, so you have greater insight into progress towards your company goals, and allows you to take steps to keep everything (and everyone) on track.

The Best Performance Management Software For Small Business

What is the best performance management software for small business?

Why should you use an online performance review system?

It's a simpler, easier way of tracking employee performance. By using a web-based performance management system, you don't have to worry about keeping track of paperwork. You can also access your data and submit appraisals from anywhere in the world, as long as you have an internet connection.

The Best Free Performance Management Software

What is the best free performance management software?

While there are a limited number of free performance management software available, platforms such as PeopleGoall, Zoho People, Sage HR, and Performly Talent offer free trials.