Performance Tracking Software or Performance Management Software keeps a record of the performance of the employees. By tracking your employees’ performance, you can understand how to help employees reach their potential. Performance Tracking Software is a necessary HR tool to simplify the performance review procedure. This software helps analyze productivity, record achievements, assign objectives and goals, recruit skilled employees, etc. It helps accumulate correct data, which is helpful during the performance appraisal process. Performance Tracking Software ensures that the employee goals meet the company’s goals. This software saves a lot of time for HR teams and contributes to the company’s overall growth. Here is a list of the top 10 Performance Tracking Software. You can choose the right software for yourself, depending on your needs.
1. Trakstar
Trakstar is a performance-tracking software that provides 360-degree feedback. It is a cloud-based platform that delivers flexible reports and helps you find top performers. It lets you create a performance evaluation system that enables frequent check-ins and self-appraisals. You can easily take notes and set goals. You can also customize the evaluation templates. This software makes the review process more convenient and faster. A free demo version is available. The paid version costs $4370/year.
2. Leapsome
Leapsome is a cloud-based software ideal for medium and large businesses. This platform supports performance, engagement, and learning together. It is highly customizable. It includes 360-degree feedback, note-taking, skill frameworks, automated reminders, and better employee engagement. It allows employee surveys where the admin can choose questions from the question bank verified by the experts. You can have a 14-day free evaluation. Then the paid version costs start from $8 per user per month.
3. Inspire
Inspire is a cloud-based software ideal for small to large businesses. It has one-on-one conversations to address issues and 360-degree feedback. You can easily customize the evaluation templates according to your needs. It includes a built-in collaboration and employee recognition to keep employees focused. You can set the goals and assess the performance of employees. You can first try it for free. Then the price starts from $10 per user per month.
4. PerformYard
PerformYard is a flexible software that automates the goal management process. It has a 360-degree feedback module. It has dedicated support management. You can customize this software according to how you need it. It allows you to track and record individual goals in private notes and access them anytime. It lets you run regular check-in meetings, identify staff achievements, and project-based reviews and feedback. After the free demo version, the price starts from $5-$10 per user per month.
5. Synergita
Synergita is a simple software that is highly customizable. It lets you set goals, track and monitor employees’ progress, and review performance. It is easy to use and has fast integration process. It allows employees to give and receive anonymous ratings and reviews. It also lets the managers suggest courses or training programs to employees. It includes one-on-one meetings, 360-degree feedback, and regular check-ins. After the free demo version, the price starts from $5 per user per month.
6. ClearCompany
ClearCompany is a software that allows multiple third-party integrations. It is an ideal software for applicant tracking systems. It is entirely customizable. It is mobile-friendly. It provides unlimited peer reviews, role-based reviews, and time-based reviews. It includes 360-degree feedback and a schedule of 30-60-90 days of reviews for new employees. There is a free demo version. Then the price starts at $70.
7. Lattice
Lattice is a cloud-based software that helps employees become top performers. You can take surveys, set and track goals and perform check-ins and reviews. It has a 360-degree feedback module and one-on-one conversations. It also provides project-based reviews. It integrates with commonly used human resource information systems (HRIS). After the free demo version, the price starts from $11 per user per month.
8. BambooHR
BambooHR is an ideal software for small businesses. It is a user-friendly platform that provides an employee database. It provides performance reports to compare performance across departments. It has an applicant tracking system and an electronic signature system. It lets us collaborate with managers to set and track goals. It allows managers to choose meaningful questions for performance insights. The price starts from $99.
9. GoCo
GoCo is a flexible software ideal for small businesses. It has a wide range of features like 360-degree feedback, one-on-one check-in templates, customized performance review fields, automated reminders, and many more. You can also set and track goals and post praises or write notes on employees. After the free demo version, the price starts from $5 per user per month.
10. 15Five
15Five is a software with advanced features of the performance management system. It includes a question bank and feedback questions for weekly check-ins. It provides peer review, self, and manager review. It allows collaboration among employees. It gives review reminders and ensures the review cycle stays on track. You can have a 14-day trial evaluation. Then its cost starts from $4 per user per month.
